The Nigerian Communication Commission (NCC) has announced the temporary suspension of three communication licenses. The suspended categories namely Interconnect Exchange License; Mobile Virtual Network Operator License and Value Added Service (VAS) Aggregator License will seize operation over market competition, saturation amongst them. The commission in a post on its X …
Read More »U.S.-Nigeria Open Skies Agreement Takes Flight
Nigeria Aviation Minister Festus Keyamo and US Secretary of Transportation Pete Buttigieg The United States and Nigeria officially ushered in a new era of air travel on May 13th, 2024, with the full implementation of the Open Skies Air Transport Agreement. This agreement, provisionally applied since 2000, establishes a modern …
Read More »Tracka Demands Details Of N100Billion 2024 Zonal Intervention Projects In Nigeria, Laments Five Months’ Delay
Commenting on the development, BudgIT Foundation’s Country Director, Gabriel Okeowo, expressed displeasure over the unprecedented delay. Tracka, BudglT Foundation’s service delivery promotion platform, has demanded that Nigeria’s Budget Office release the budgetary details of the N100 billion Zonal Intervention Project (ZIP) outlined in the 2024 approved budget. Tracka made the …
Read More »US-based Lawyer Accuses Former Anambra Police Commissioner, Adeoye Of Multi-billion-naira Fraud Through Ponzi Scheme, Seeks Probe, Prosecution
Turton accused Mr Aderemi Adeoye, a former Commissioner of Police in Anambra State of diverting funds under Alpha Trust Investment Club (ATIC), described as a supposed cooperative society. Ayo Turton, a US-based attorney has accused a retired Nigerian police officer of swindling investors, including himself through a multi-billion-naira fraud, …
Read More »Tinubu, Shettima, Other VIPs To Start Paying Access Fees At Nigerian Airports From Today – FAAN
The Federal Airport Authority of Nigeria (FAAN) has commenced tollgate payment or E-Tags payment for all travellers at the 24 Federal Airports nationwide, starting from Friday, May 17, 2024. The authority disclosed this on its official X handle at midnight Thursday, May 16, 2024. According to FAAN, the development complies …
Read More »Abbey Mortgage Bank Cleared of Insider Trading Allegations
Abbey Mortgage Bank Plc has been cleared of allegations regarding insider trading during a closed period, as initially stated in the Nigerian Exchange’s X-Compliance Report. After a review of the circumstances surrounding the case, the Nigerian Exchange (NGX) has decided not to enforce any penalties against the bank. The initial …
Read More »Emirates returns to Nigeria from 1 October
Emirates will resume services to Nigeria from 1 October 2024, operating a daily service between Lagos and Dubai, and offering customers more choice and connectivity from Nigeria’s largest city to, and through, Dubai. The service will be operated using a Boeing 777-300ER. EK783 will depart Dubai at 0945hrs, arriving in …
Read More »NAHCON amendment bill scales second reading in Senate
NAHCON logo The National Hajj Commission of Nigeria (NAHCON) Amendment Bill on Wednesday scaled second reading in the Senate. This followed the presentation of the lead debate on the general principles of the bill by the sponsor, Senator Abbas Iya (PDP-Adamawa) on Wednesday during plenary. Iya said the bill sought …
Read More »Nnamdi Kanu: Court fixes date to deliver judgment in N1b suit against FG
Nnamdi Kanu in court with his lawyers A Federal High Court, Abuja on Wednesday, fixed July 1 for judgment in a N1 billion suit filed by Nnamdi Kanu, leader of the proscribed Indigenous People of Biafra, against the Federal Government and Department of State Services. Justice James Omotosho fixed the …
Read More »Former Abia Governor Ikpeazu Reacts To Alleged Diversion Of N12.8Billion Airport Fund Into 32 Accounts, Tells Otti Govt To ‘Follow Money Trail’
It was earlier reported that Governor Alex Otti of Abia State had unveiled a forensic report revealing how the sum of N12.8 billion was paid by the former governor of the state, Ikpeazu, to ghost contractors and other financial misconduct under the previous administration. Former Abia State Governor Okezie Ikpeazu …
Read More »