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Over 100 airlines died in 40 years – Minister

28.10.2024
The Minister of Aviation and Aerospace Development, Festus Keyamo, has said the aviation industry has a high mortality rate, which caused the demise of over 100 airlines in the last 40 years. Keyamo disclosed this during the 10th anniversary of West Africa’s largest airline and Nigerian flag carrier, Air Peace in Lagos on Saturday. The...
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Dangote Refinery’s lawsuit betrays monopolistic intent

28.10.2024
The lawsuit filed by Dangote Petroleum Refinery and Petrochemicals at the Federal High Court in Abuja, seeking the cancellation of import licenses granted to the Nigerian National Petroleum Company Limited and six other oil marketers signals an insidious attempt by the giant refiner to impose a monopoly on the country’s oil market. In the same...
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NLC slams IMF for fuel subsidy removal denial

28.10.2024
The Nigeria Labour Congress has criticised the International Monetary Fund for its denial of responsibility regarding the Nigerian government’s recent removal of subsidy on petrol. The congress describes the denial as cynical and emblematic of the IMF and World Bank’s longstanding pattern of imposing harsh economic policies on developing nations. In a statement on Sunday,...
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CNG: Dangote invests $280m in conversion, others

28.10.2024
The Dangote Group says it has invested over $280m in Compressed Natural Gas technology and infrastructure, saying it is in demonstration of its support for President Bola Tinubu’s CNG initiative. In a statement on Sunday, the company said its $280m investment not only solidifies its leadership in the CNG sector but also reflects its dedication...
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SEC DG to discuss capital market’s wealth-building role at summit

28.10.2024
The Director-General of the Securities and Exchange Commission, Dr Emomotimi Agama, will headline the 13th annual conference of the Institute of Capital Market Registrars, slated for November 9, 2024. This is contained in a statement signed by the President/Chairman of Council, Mr Oluseyi Owoturo, on Saturday in Lagos. Owoturo said Agama, the keynote speaker, would...
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Alumni launch $2m endowment fund for Lagos varsity

28.10.2024
To commemorate 40 years of its graduation, the 1984 set of the College of Medicine, University of Lagos, has inaugurated a $2m endowment fund to support academic excellence and infrastructure development at the institution. The inauguration, which was part of the set’s week-long reunion programme, took place on Saturday night during the gala dinner at...
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Edo gov-elect Okpebholo denies planning $45m Chinese loan

28.10.2024
Edo State Governor-Elect, Monday Okpebholo, has dismissed rumours that he intends to secure a $45m loan from a Chinese agency to fund the construction of three flyovers in Benin City, following Governor Godwin Obaseki’s handover. The rebuttal was articulated in a statement released to journalists in Abuja on Sunday by Okpebholo’s media aide, Godspower Inegbe....
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LP, ADC gov candidates woo voters with free education, others

28.10.2024
The candidate of the Labour Party for the November 16 governorship election in Ondo State, Chief Sola Ebiseni, has promised to implement a free and compulsory education policy if elected. Ebiseni also promised to execute programmes and projects that would positively impact the people. The candidate stated this during his campaign in the Akure South...
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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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