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Passenger tackles Virgin Atlantic Airways in court

06.03.2025
A Virgin Atlantic Airways passenger, Ahmed Rabiu, has told a Federal High Court in Lagos that Virgin Atlantic Airways has neither compensated him for his lost luggage nor replaced it, contrary to the airline’s claims. Rabiu, who made the claims in his response to Virgin Atlantic Airways’ Statement of Defence, said that his lawsuit was...
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Ground handling firms urge FG for duty waivers

06.03.2025
The ground handling companies in the Nigerian aviation sector have appealed to the Federal Government to grant them duty waivers and concessionary loans for effective ease of doing business and growth. The operators also warned that the low margin profit for operators in the sector made business toxic and unattractive, saying that they needed the...
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Reps demand suspension of Dstv subscription rates hike

06.03.2025
The House of Representatives has directed Multichoice, owner of Pay TV options, DStv and GOtv, to halt the implementation of the hike in its subscription rate given the prevailing economic realities. The entertainment company recently announced an upward review of its subscription rate, stating that from March 1, customers on the DStv premium bouquet will...
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FG loses N120bn to illegal private jet charters – Report

06.03.2025
A report by the Ministerial Task Force on Illegal Private Charter Operations has revealed that the Federal Government has lost over N120bn in revenue in the past decade due to illegal charter operations, regulatory loopholes, and weak enforcement by the Nigerian Civil Aviation Authority. The report sighted by the PUNCH, commissioned by the Minister of...
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FG advises women on capital market investment opportunities

06.03.2025
The Federal Government has called on women across the country to explore investment opportunities in the capital market, describing it as a vital tool for wealth creation and economic empowerment. The appeal came during the launch of the Securities and Exchange Commission Podcast in Abuja on Tuesday, an event aimed at boosting financial literacy and...
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President appoints Ogunjimi as Accountant-General

06.03.2025
President Bola Ahmed Tinubu has approved the appointment of Shamseldeen Ogunjimi as the new Accountant-General of the Federation, following a rigorous and merit-based selection process. Ogunjimi will assume office on March 7, 2025, succeeding the outgoing Oluwatoyin Madein, who is set to retire on the same day. A statement released by Bayo Onanuga, Special Adviser...
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Naira rally puts currency speculators on edge

06.03.2025
Foreign exchange speculators are afraid of their investments being wiped off as the naira sustains stability against major currencies, writes FELIX OLOYEDE Despite the 3.2 per cent month-on-month dip in the country’s external reserves to $38.46bn at the end of February, the naira strengthened by 8.5 per cent month-on-month to 1,490/$ on the parallel market...
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Nigeria joins European development bank as 77th shareholder

06.03.2025
Nigeria has officially joined the European Bank for Reconstruction and Development as its 77th shareholder, marking a significant step in the country’s engagement with international financial institutions. According to a press statement published by the bank on its website on Tuesday, Nigeria submitted its request to join the Bank in April 2024, and the Board...
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Wema Bank supports innovative firms with $200,000 grant

06.03.2025
Wema Bank on Wednesday announced that it provided $200,000 as grants to 18 innovative firms that emerged winners in the previous editions of its Hackaholics, a premier hackathon by the bank, designed to bring together the brightest minds in technology, design, and innovation. At a press conference in Lagos announcing the call for applications for...
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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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