Air Peace has announced a 15 per cent discount on economy class tickets for students travelling from Lagos to London for higher education abroad. The airline’s Head of Corporate Communications, Dr Ejike Ndiulo, confirmed this in a statement on Monday in Lagos. Ndiulo stated that the discount aims to help students travel at reduced fares,…
The stock market opened the week on a positive note, with investors gaining N369 billion and performance indices rising by 0.56 per cent on Monday. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation increased by 0.56 per cent to N66.188 trillion from an opening of N65.819 trillion recorded on Friday. The All-Share Index also rose…
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has raised alarms about potential risks linked to the Naira-for-crude oil policy. The association warned that the policy could jeopardise Nigeria’s foreign exchange stability and discourage Foreign Direct Investment (FDI) inflows. Olufemi Adewole, Executive Secretary of DAPPMAN, expressed these concerns in a statement issued on…
The Joint Admissions and Matriculation Board (JAMB) has rescheduled the date for the 2025 Mock UTME from April 5 to April 10, 2025. Originally set for Saturday, April 5, 2025, the Mock UTME will now take place on Thursday, April 10, 2025 while the main UTME would start from 25th April, 2025. The board said…
A de facto ceasefire between Congolese forces and Rwandan-backed M23 rebels in the eastern town of Walikale collapsed on Monday, with the rebels retracting their pledge to withdraw. The rebels accused the army of failing to honour its commitments. The ceasefire had briefly raised hopes for renewed diplomatic efforts to resolve the ongoing conflict in…
A Chief Magistrate Court sitting in Calabar has remanded one Insp Effiong Bassey, in a correctional facility for shooting dead a retired police officer’s wife and injuring two others. Bassey was ordered to be remanded by Chief Magistrate Mercy Ene led court during his arraignment on Monday. The Insp was remanded following an exparte motion…
The Nigerian Air Force (NAF) says the Air Component of Operation Hadin Kai, has launched devastating airstrikes on notorious terrorist enclave North of Chiralia, a known hideout within the Timbuktu Triangle in Borno. This is contained in a statement by the Deputy Director, Public Relations and Information of NAF, Group Capt. Kabiru Ali, on Monday…
The Nigeria Security and Civil Defence Corps (NSCDC) has discovered an illegal oil bunkering site in Odagwa community, Etche in Rivers State. This is contained in a statement by the NSCDC Public Relations Officer (PRO), Babawale Afolabi on Monday in Abuja. The PRO stated that the NSCDC Commandant-General (CG), Ahmed Audi, remained dedicated in the…
Dangote Cement Plc has achieved a “B” score in climate change and water security disclosures released by the Carbon Disclosure Project (CDP). This is contained in a statement by the Managing Director and Chief Executive, Dangote Cement, Mr Arvind Pathak, on Monday in Lagos. The News Agency of Nigeria (NAN) reports that CDP is the…
An objection raised by the former Minister of Power and Steel, Dr Olu Agunloye, to the oral evidence of prosecution witness in his ongoing trial , on Monday, forced the Economic and Financial Crimes Commission (EFCC) to tender documentary evidence. The EFCC is prosecuting the former minister before an Abuja High Court over alleged $6…
