FAAN Furious over Invasion of Sokoto Airport Political Loyalists

By Aduragbemi Omiyale Residents of Delta State will enjoy 2023 Christmas like never before as the management of Leisure Park has decided to take this year’s Christmas extravaganza to the South-South state. Tagged Christmas in Delta, the event will commence on December 1, 2023, and will run through to January 14, 2024, across multiple locations in the 25 local government areas of the state. The Public Relations Officer of Leisure Park, Mr Godday Umukoro, said in a statement that this was part of the company’s determination to ensure Deltans see Christmas in another prism. According to him, Christmas in Delta

Are you wholly bowed towards relocating to Nashville, Tennessee? If so, one of the most critical tasks in the moving process involves figuring out where to purchase a home in Nashville. You’re in luck since a wide variety of housing alternatives will be available to you. According to Redfin, there is fierce competition when purchasing a home in Nashville. This is because the city is among the best in the nation for job market expansion. Unfortunately, due to high demand, Nashville’s homebuyers are driving up the prices. Here are some of the key considerations that you should adhere to when

By Adedapo Adesanya The federal government, through the Ministry of Aviation, has assured airline operators that it would liaise with the Central Bank of Nigeria (CBN) for the allocation of foreign exchange (forex) to them at a single-digit interest rate as low as 1.5 per cent. However, the central government said it would soon begin to compel domestic airlines to compensate passengers for incessant delays and cancellations of flights. The Minister of Aviation, Mr Festus Keyamo, while speaking on flight disruption challenges during a meeting with the officials of Airline Operators of Nigeria (AON) in Abuja, said efforts would be

By Adedapo Adesanya  Oil prices shed earlier gains on Tuesday as President Donald Trump in a speech offered few new details about the United States trade talks with China. As at 9pm Nigerian Time on Tuesday, the Brent crude futures were trading down 13 cents or 0.21 percent at $62.05 per barrel after rising to as high as $62.50 earlier in the day. On the other hand, US West Texas Intermediate (WTI) crude was also down 6 cents or 0.11 percent at $56.80 per barrel, having hit up to $57.09 per barrel on Tuesday morning. President Trump, speaking to the

By Dipo Olowookere In the first six months of 2022, the sum of N4.08 billion was paid in claims to customers of the foremost life insurer, African Alliance Insurance Plc. It was observed that the underwriting firm paid N1.81 billion in annuity claims; N857.2 million in individual life claims, N765.4 million in group life, N436.3 million in Takaful and N208 million Esusu payouts. “African Alliance Insurance Plc was built on a solid foundation of claims payment. Year in, year out, we do not shy away from fulfilling this critical obligation to our policyholders as due,” the managing director/CEO of the

By Dipo Olowookere President Muhammadu Buhari has assured investors that his administration will continue to secure their lives and properties across the nation. The President made this known during his nationwide broadcast to the nation in the early hours of Monday, August 21, 2017. According to Mr Buhari, every Nigerians, no matter what, is free to do business in any part of the country without any hindrance. “Every Nigerian has the right to live and pursue his business anywhere in Nigeria without let or hindrance,” the President said in his speech. Mr Buhari gave this assurance as a result of

By Modupe Gbadeyanka Nigerians have been warned not to pay any money to electricity distribution companies in the country for the purpose of procuring transformers or other electricity equipment for use in their areas. This warning was given by the Minister of Power, Works and Housing, Mr Babatunde Fashola, when the Managing Director/Chief Executive Officer of Abuja Electricity Distribution Company, Mr Ernest Mupwaya, visited him at his office in Abuja. Mr Fashola stressed that only distribution companies were authorised to buy and install transformers and other power equipment in their areas of operation. The Minister noted that most of the

When Philadelphia law enforcement officers used the term Black Friday to describe the chaos that ensued after suburban shoppers and tourists flooded the city on the day after Thanksgiving in the 1950s, little did they know that it will become a global phenomenon that will transcend decades. Such is the grip and prominence that several attempts to rename it Large Friday failed to stick. Black Friday has since evolved to become the biggest shopping event of the year during which retailers delight their customers with some of the best mouth-watering discounts on products and sellers smile to the bank with

By Dipo Olowookere An independent investment management firm headquartered in New York with approximately $110 billion, First Eagle Investment Management, has opened an office in the city of London. A statement by the firm disclosed that the London office will serve institutional clients and their consultants in Europe, the Middle East and Africa (EMEA). “We believe our clients in the EMEA region can best be served from an office that’s close to them in geography and time zone,” said Mehdi Mahmud, President and Chief Executive Officer of First Eagle Investment Management, LLC. “London is a natural location for the office

By Modupe Gbadeyanka Ecobank Transnational Incorporated (ETI), the Lomé-based parent company of Ecobank Group, has announced Mr Ayo Adepoju as the substantive Group Chief Financial Officer of the financial institution. The appointment of Mr Adepoju, who had been on the position in an acting capacity since April 2019, is with immediate effect. He would be expected to report directly to the Group Chief Executive Officer of Ecobank, Mr Ade Ayeyemi. Commenting on the appointment, Mr Ayeyemi said, “We are pleased to announce Ayo’s appointment as Group Chief Financial Officer. During the period in which he has been performing the role

By Modupe Gbadeyanka Six directors of Transglobe Investment & Finance Company Limited have been directed by the Securities and Exchange Commission (SEC) to appear before it on Wednesday, January 18, 2017. In a circular posted on its website, the capital market regulator noted that it was summoning the market operator because of “various complaints against Transglobe Investment & Finance Company Ltd” it received from investors, which are presently under investigation. It pointed out that in view of this, the six directors and their sponsored individuals must appear before it on the aforementioned date. SEC explained in the circular that the