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N150bn Loss Rocks Airlines as Debt War Threatens Shutdown

Nigeria’s aviation sector is facing a deepening crisis as the Airline Operators of Nigeria warns that domestic airlines have lost over N150bn in just...

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Upcoming Nollywood Actor, Stanley Rabbi Okoro, passes away

Nollywood actor, Stanley Rabbi Okoro, has died. The upcoming actor who was well-known for his comic acts died on Wednesday, August 11. The cause of his death has not been revealed.  His friends and colleagues have taken to social media to mourn his passing. May his soul rest in peace, Amen.

US Govt to return $23M Abacha loot to Nigeria

Nigeria and the United States government have reached an agreement on the return of over $23 million of the Abacha loot. The agreement signing ceremony was held in the office of the Minister of Justice and Attorney General of the Federation, Mr. Abubakar Malami on Tuesday, August 23. Mr. Malami signed on behalf of the Nigerian government and the U.S Ambassador to Nigeria, Mary Beth Leonard, signed on the behalf of the U.S government. According to Mr Malami, the fund when returned will be invested in three ongoing projects by the Federal Government, including the ongoing Abuja-Kaduna road and the 2nd Niger Bridge. Nigeria has in the past recovered several other tranches of the Abacha loot. In 2006, about $723 million...

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