Appropriation Bill: EFCC Requests N41bn for 2023 Operations The Economic and Financial Crimes Commission (EFCC) has said it needs 41 billion naira for it's operations in 2023. The Executive Chairman of the EFCC, Abdulrasheed Bawa, said this while presenting an estimate of N41,120,071,521.75 (Forty One Billion,...

FAAN Disrupts Airlines’ Operations Over Debts       The Federal Airports Authority of Nigeria (FAAN) recently disrupted the operations of airlines indebted to the agency by delaying the operations of two airlines at the Nnamdi Azikiwe International Airport, Abuja. FAAN officials closed the counters of the two...

COVID-19: CBN, Other Banks To Sustain Operations   The Central Bank of Nigeria (CBN) has said it will remain open for business as Nigeria battles to contain the outbreak of COVID-19. A statement signed by the apex bank’s head, corporate communications department, Mr. Isaac Okorafor, indicated that...

Gencos May Stop Operations Over Administrative Charge   Power generation companies are considering declaring a force majeure by halting the production of electricity nationwide. According to them, the force majeure may take effect soon following the recent introduction of an unregulated administrative charge placed on Gencos by...

FG Set To Give Reasons For Suspending Nigeria Air   The Federal Government is set to explain why it suspended the planned commencement of operations of Nigeria Air. According to the government, it has become necessary to address some of the issues, misinformation and allegations that greeted...

Air Peace To Begin International Operations In November Air Peace has said it will start intercontinental operations in November when all the long-haul aircraft it acquired would have arrived. This was disclosed by the Chairman and CEO of the airline, Allen Onyema, who said that he...