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Lagos storm delays Azman flight from landing

Aircraft landing on runway

An Azman Air flight from Abuja was on Sunday afternoon reportedly made to hover in the air for more than 30 minutes as it was unable to land at the Murtala Muhammed Airport, Lagos due to stormy weather. One of the passengers in the flight, Achillieus-Chud Uchegbu, said that after the delay, the aircraft eventually landed at the international wing of ...

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Court orders CBN, banks to freeze accounts without BVN

CBN Ag Governor Sarah Alade_510x350 (1)

The Federal High Court in Abuja has ordered the Central Bank of Nigeria and the 19 commercial banks in the country to disclose all accounts in their custody and the balances in such accounts. The court ordered the banks to disclose the details of all such accounts, their owners and their proceeds in their affidavit of compliance deposed to by ...

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Kaduna refinery dormant, PH, Warri producing below 30% — NNPC

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There seems to be no end in sight to the downward operational performance of Nigeria’s refineries since the beginning of 2017 despite several interventions made to reinvigorate the facilities by the Nigerian National Petroleum Corporation.. The latest monthly oil and gas report released by the national oil firm showed that the cumulative capacity utilisation of the nation’s three refineries dropped ...

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Three soldiers killed as troops bomb B’Haram camp

chad raid by boko haram

Troops of the Operation Lafiya Dole, the military anti-terrorism operation in the North-East, have bombed buildings in a large Boko Haram camp which they discovered on Friday, killing unspecified number of insurgents. The Boko Haram settlement was discovered at the Urga area of Konduga in Borno State. Our correspondent learnt that the settlement, said to be highly populated, was discovered by an ...

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Oni has no fraud case to answer – Ekiti lawmakers

Segun Oni

The Ekiti State House of Assembly has said the former Ekiti State Governor, Segun Oni, is not being probed over any allegation of mismanagement of public funds while he presided over the state. The lawmakers added that the query about Oni, submitted by its Public Accounts Committee as part of the 2015 reports by the state’s auditor-general, was quashed for ...

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I will never return to PDP, says Obasanjo

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Chief Olusegun Obasanjo, has vowed never to return to the Peoples Democratic Party. This was what he told journalists after he met with the  National Caretaker Chairman of the party, Senator Ahmed Makarfi, behind closed-doors. The meeting was held at the Olusegun Obasanjo Presidential Library, Abeokuta, which lasted for one hour. The former president said, “I will never return to ...

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Johannesburg Stock Exchange suspends trading on Oando shares

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Following an exchange of correspondence between the Nigerian Stock Exchange (the primary Exchange on which Oando is listed) and the Johannesburg Stock Exchange, the latter has suspended trading on Oando shares. The action, which happened on Thursday, followed the NSE’s earlier suspension on the oil major as directed by the Nigerian capital market apex regulator – the Securities and Exchange ...

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We source 75% of raw materials locally – Guinness

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The Managing Director/Chief Executive Officer, Guinness Nigeria Plc, Peter Ndegwa, spoke to STANLEY OPARA on the growth of the company amid the current economic realities in Nigeria Guinness Nigeria recorded 131 per cent increase in operating profit year-on-year for 2017 financial year. How was the company able to achieve this despite the state of the economy? Guinness Nigeria’s financial results were ...

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Police rescue kidnapped Catholic priest in Ebonyi

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The Ebonyi Police Command has rescued a Catholic priest, Rev. Fr. Timothy Nwanja, abducted by gunmen in Okpokueze Nkomoro community, Imoha Development Centre of Ezza North Local Government Area. The priest, who serves at St. Mary’s Parish in the area, was kidnapped by three gunmen at about 8.30pm on Sunday night at his residence. The state Police Public Relations Officer, ...

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Buhari’s failure pushing Atiku to contest in 2019 –Group

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Former Vice-President Atiku Abubakar will be contesting 2019 presidential election because of the failure of President Muhammadu Buhari to deliver on the promises made to Nigerians by the All Progressives Congress, Atiku Support Group has said. The Director-General of the Atiku Support Group, Mark Wosi, said this on Friday, while confirming the intention of Atiku to contest the presidency in ...

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UK to deport 100 Nigerian students over debts

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More than 100 Nigerian students on scholarship in the United Kingdom universities could be deported home as early as this week except their fees are settled immediately, according to The Telegraph of London. The students are said to be sponsored by a regional agency and some of them are saddled with debts of up to £20,000. The name of the ...

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Government alone can’t fund universities – Osinbajo

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Vice-President Yemi Osinbajo says government alone cannot provide the kind of support required for universities to develop at the rate expected of them. He said a lot of the support had to come from alumni of the universities as well as the private sector. According to a copy of his speech made available to journalists on Saturday by his Senior Special Assistant on ...

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137th IPU: Saraki leads NASS delegation to Russia

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A delegation of the National Assembly to the 137th Inter-Parliamentary Union Assembly, led by President of the Senate, Dr Bukola Saraki, departed Nigeria on Thursday to St. Petersburg, Russia, for the session. The Chief Press Secretary to Saraki, Mr Sanni Onogu, in a statement on Thursday in Abuja, said that the assembly would hold between Oct. 14 and Oct. 18. ...

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Buhari’s discussion with World Bank unsuccessful – Presidency

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The Presidency on Friday said the reported discussion between President Muhammadu Buhari and the World Bank Group President, Jim Yong Kim, was deliberately twisted by those who it said specialise in such acts. Media reports had it that  Kim disclosed in Washington DC, United States of America, that  Buhari had requested a concentration of the bank’s intervention efforts in the northern part of Nigeria. ...

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I approved NNPC loans, not contracts – Osinbajo

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Vice-President Yemi Osinbajo on Thursday clarified that what he approved for the Nigerian National Petroleum Corporation when President Muhammadu Buhari was away on medical vacation were financing loans and not contracts. According to a statement by his Senior Special Assistant on Media and Publicity, Mr. Laolu Akande, the Vice-President made the clarification while answering reporters’ questions after the groundbreaking ceremony ...

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FG set to secure release of remaining Chibok girls – Osinbajo

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Vice-President Yemi Osinbajo on Wednesday reiterated the commitment of the Federal Government to securing the release of the remaining abducted Chibok girls. According to a statement by his Senior Special Assistant on Media and Publicity, Mr. Laolu Akande, the Vice President stated this when he received a delegation of girl child rights advocates from various schools in Abuja at the Presidential Villa to mark ...

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We’ll stand by Nigeria to defeat Boko Haram, UK assures

Boko Haram

The United Kingdom will continue to stand by Nigeria to defeat the Boko Haram terrorist group, the British Armed Forces Minister, Mark Lancaster, has said. Lancaster gave the assurance after visiting many military formations in the Northeast, where the UK military experts are providing specialised training for the Nigerian military in the counter insurgency campaign. The minister also met with ...

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FG plans finance scheme for new car buyers

Mechachic checking on a car

The Director-General of the National Automotive Design and Development Council, Mr. Jelani Aliyu, has said a fund will be established to be offered to Nigerians at low cost to finance their commercial fleets and cars. He said, “The programme is being re-designed to involve more Nigerian banks. It is expected that once this is launched, more Nigerians can afford more ...

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