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Aviation Strike Suspended After Keyamo’s Intervention

12.08.2025
The Minister of Aviation and Aerospace Development, Festus Keyamo, has announced the suspension of a planned strike by aviation unions, which was scheduled to commence on Monday. In a statement by the minister through his official X account on Sunday, he said, “We are happy to announce that, after our intervention, the planned strike by...
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Naira Fluctuates Amid Strong FX Demand

12.08.2025
The naira recorded a mixed outing at the official and parallel markets at the close of last week. The Nigerian currency saw a 0.01 per cent appreciation at the National Foreign Exchange Market, where it had closed the week at 1,533.57/$, compared to 1,533.74/$ from the previous week. According to the Cowry weekly report, at...
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Yuan Weakens to 7.1405 Against Dollar

12.08.2025
The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 23 pips to 7.1405 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate...
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Nigeria Secures $8.4bn in World Bank Loans Over Two Years

12.08.2025
The World Bank has approved a total of $8.40bn (N12.89tn) in fresh loans to Nigeria over the past two years, according to data obtained from the bank’s official website. The approvals, covering June 2023 to August 2025, cut across 15 projects in energy, education, healthcare, rural infrastructure and governance. The amount, converted at the official...
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Passenger Banned Indefinitely After Ibom Air Assault

12.08.2025
The Airline Operators of Nigeria has placed a female passenger, Comfort Emmanson, who assaulted airline officials on an Ibom Air flight inbound Lagos from Uyo on its ‘No Fly’ list indefinitely. This came as the Minister of Aviation and Aerospace Development, Festus Keyamo, has condemned the release of a video showing indecent exposure of the...
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Celebrating 20 Years of Creative Excellenc

12.08.2025
The Association of Advertising Agencies of Nigeria has announced the kick-off of the 20th edition of the Lagos Advertising and Ideas Festival awards, scheduled to hold in November this year. The Chairman, Lagos Ideas and Festival Management Board, Jay Chukwuemeka, disclosed this at a press conference, unveiling plans and activities for the 2025 LAIF Creative...
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United Capital’s Profit Soars to N11.89bn in H1 2025

12.08.2025
United Capital Plc has reported a half-year profit after tax of N11.89bn for H1 2025, marking a 522 per cent increase from H1 2020, reinforcing a five-year growth streak. Its H1’2025 revenue has also grown significantly, rising to N23.76bn from N4.45bn in H1’2020. According to a statement following its investor call, the Pan-African investment bank...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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