By Ginika Okoye The National Insurance Commission (NAICOM) and the Minister of Aviation and Aerospace Development have unveiled the Revised Insurance Regulation on Leased Aircraft to boost airline operations. The aim, according to them, is to slash airfares. Speaking at the event in Abuja, the Commissioner for Insurance, Mr OlusegunContinue Reading
By EricJames Ochigbo The House of Representatives Committee on Public Petitions has adjourned hearing in a petition seeking the National Assembly to takeover Benue and Zamfara State Houses of Assembly, to May 28. The Chairman of the committee, Rep. Bitrus Laori (PDP-Adamawa), gave the ruling at the resumption of hearingContinue Reading
By Ifeanyi Olannye First Lady Oluremi Tinubu has distributed farm inputs and financial grants to 400 farmers in Delta under the Renewed Hope Initiative’s Agricultural Support Programme. The programme, in collaboration with the ‘You Matter Charity Foundation”, a pet programme of the Delta Governor’s Wife, Mrs Tobore Oborevwori, held atContinue Reading
By Desmond Ejibas The National Universities Commission (NUC) has approved 21 academic programmes for the University of Port Harcourt (UNIPORT) following a rigorous accreditation exercise conducted across universities nationwide. The Vice Chancellor of UNIPORT, Prof. Owunari Georgewill, announced this development to journalists in Port Harcourt on Wednesday. He stated thatContinue Reading
By Grace Alegba The Naira continued its upward trend on Wednesday, appreciating further at the official market and closing at N1,596.70 to the U.S. dollar. According to data released on the Central Bank of Nigeria’s official website, the local currency gained N3.33 against the dollar. This improvement represents a 0.21Continue Reading
By EricJames Ochigbo The House of Representatives Committee on National Planning and Economic Development has cautioned the Central Bank of Nigeria (CBN) against the unintended consequences of high interest rates aimed at curbing inflation in the country. Chairman of the committee, Rep. Gboyega Isiaka (APC-Ogun), stated this on Wednesday inContinue Reading
By David Adeoye The Oyo State Government has approved N4.5 billion as financial support to the survivors and victims of the Bodija explosion, which occurred on January 16, 2024. The state’s Commissioner for Information and Civic Orientation, Prince Dotun Oyelade, in a statement, said the decision was taken at theContinue Reading
By Taiye Olayemi The Nigerian Stock Market extended its positive trend, appreciating by N186 billion amid increased buying interest. Market capitalisation rose by N186 billion or 0.27 per cent to close at N68.543 trillion, compared with N68.357 trillion on Tuesday. Similarly, the All-Share Index (ASI) also increased by 296.72 pointsContinue Reading
By Angela Atabo Stakeholders have identified the cooperative society system as a viable solution for affordable housing in Nigeria. This was highlighted at the Cooperative Housing Conference 2025 (CHC2025), with the theme “Delivering Affordable Housing through Cooperatives” and the sub-theme “Digitalisation of Cooperative Housing Finance,” in Abuja. Sen. Aliyu Abdullahi,Continue Reading
By Sumaila Ogbaje The Nigerian Air Force (NAF) says at 61, it is celebrating years of dedication to duty and unwavering commitment to protecting Nigeria’s sovereignty. Air Commodore Sylvester Eyoma, Chairman, Organising Committee, NAF@61 Celebration/4th International Air Force Forum, said this in Abuja, while briefing newsmen on the activities linedContinue Reading
