Author: Ogooluwa Aremu

Airbus, FG Sign Agreement to Drive Nigerian Aerospace Growth The Airbus, a leading aircraft manufacturing company, has signed a Memorandum of Understanding (MoU) with the Federal Republic of Nigeria in Toulouse, France. Mr Gabriel Semelas, President of Airbus in Africa and Middle East, disclosed this while signing the MoU with Mr Festus Keyamu, Nigeria’s Minister of Aviation and Aerospace. Semelas, in a statement by Airbus which was made available to the News men in Abuja, said the agreement was to strengthen Nigeria’s aviation ecosystem. According to him, the duo will support development of aviation infrastructures and human capital initiatives in…

NPA Says 36 Vessels to Arrive Lagos Ports The Nigerian Ports Authority (NPA) has said that 36 ships carrying petroleum products, food items, and other goods are expected at Apapa, Lekki Deep Sea Port, and Tin Can Island Port in Lagos on Tuesday. The NPA disclosed this in its “Daily Shipping Position”, adding that the vessels are expected between May 5 and April May 10. It said that 15 of the expected ships contain containers of different goods, while 21 ships are berthed with fresh fish, general cargoes, aviation fuel, bulk wheat, base oil, diesel, gasoline, petrol, and crude oil.…

Crude oil prices edged higher during trading hours on Tuesday as rising US-Iran tensions in the Strait of Hormuz fueled market uncertainty.

Equity Investors Gain N63 bn in Nigerian Stock Market The Nigerian Exchange (NGX) market capitalisation rose by about N63 billion on Monday, boosted by huge bets on stocks with upside potential. The local bourse sustained its strong bullish momentum with the NGX All-Share Index advancing 0.36% to settle at 243,158.97 points. The sustained buying momentum lifted NGX’s year-to-date return to +56.26% and added ₦567.35 billion to market capitalisation, which closed at ₦156.06 trillion on Monday. Market breadth was broadly positive at 1.3x, as 44 gainers led by CONHALLPLC, FTNCOCOA, NAHCO, CAP, and AIICO outpaced 34 losers, with INTENEGINS, UPDC, LEARNAFRICA,…

LP Releases 2027 Primaries Timetable, Fixes Nomination Fees The Labour Party (LP) has released its timetable and schedule of activities for the conduct of its 2026 primary elections, with concessions for women, people living with disabilities and youths. The National Publicity Secretary of the party, Ken Asogwa, who disclosed this in a statement on Monday in Abuja, added that the timetable was released in accordance with the 1999 Constitution. He also said it was released in compliance with the Electoral Act, 2026 and the Independent National Electoral Commission’s (INEC) revised timetable and schedule of activities for the conduct of the…

PDP BoT Calls Emergency NEC Meeting Amid Leadership Dispute The Peoples Democratic Party (PDP) Board of Trustees, led by Sen. Adolphus Wabara, has summoned an emergency National Executive Committee meeting for Monday. Wabara spoke on Sunday in Abuja during the 84th meeting of his faction of the board. He said the decision became necessary to prevent a leadership vacuum following recent developments within the party. According to him, the board acted under provisions of the party constitution, as amended in 2017. Wabara said the board secured the required two-thirds support of NEC members before convening the meeting. He added that…

Bitcoin (BTC) price topped $79k on Sunday as crypto investors continued to increase their positions amid the recent launch of Hyperliquid’s prediction market.

2027: PDP Extends Sale of Nomination Forms Deadline The Peoples Democratic Party (PDP) has extended the deadline for the purchase of its expression of interest and nomination forms, earlier scheduled to close on May 4, to May 7. This is contained in a statement issued on Sunday in Abuja by the party’s National Publicity Secretary, Jungudo Mohammed. Mohammed said the extension is for three days, while the final date for submission of completed forms remains May 9. He advised all interested aspirants to take note of the extension and be guided accordingly. #2027: PDP Extends Sale of Nomination Forms Deadline#…

WHO Approves World’s First Malaria Treatment Designed Specifically for Newborn Babies For decades, the youngest and most defenceless victims of malaria had no treatment made specifically for them. Doctors worked with what they had, drugs designed for older children and adults, adjusted as best they could and administered to babies who were far too small for the doses involved. That gap in medicine, one that had existed for as long as malaria itself had been treated, was closed this week. The World Health Organisation(WHO) formally approved the first antimalarial drug ever developed specifically for newborns and very young infants. The…

Iran Says Washington Has Replied to Its Peace Plan, But Trump Calls It Unacceptable A fragile diplomatic back-and-forth is now centre stage in one of the world’s most dangerous conflicts. Iran confirmed on Sunday that the United States has officially replied to its 14-point peace proposal aimed at bringing a permanent end to the war, but Washington’s response appears far from warm, with President Donald Trump already calling the plan difficult to accept. Iranian Foreign Ministry spokesperson Esmaeil Baghaei delivered the announcement live on state television, telling the nation that America’s reply had arrived through Pakistan, which has been serving…