Airlines’ trapped funds globally have dropped to $1.7 billion as of October from the $1.8 billion reported in April 2024. The International Air Transport Association (IATA) stated this in a new report released on Monday, December 9, adding that Nigeria has exited the list of countries blocking the repatriation of airline funds. The new report shows that the Nigerian government has resolved the issue of airline revenue backlogs, allowing international…

The Rural Access and Mobility Project, a World Bank-funded initiative, is set to construct 534 kilometers of rural roads across Benue State to enhance the transportation of agricultural produce. Mr. Stephen Numbeve, the State Project Coordinator, provided these details in an interview with the News Agency of Nigeria (NAN) on Wednesday in Makurdi. Numbeve explained that the project would prioritize the construction of roads that connect farms to markets, thereby…

The strike led by the Nigeria Labour Congress (NLC) in the Federal Capital Territory (FCT) has stretched into its 11th day, with negotiations between labour unions and Area Council Chairmen deadlocked. The dispute centres on the timeline for implementing the N70,000 minimum wage. On Tuesday, Abdullahi Kabir, the FCT Chairman of the Nigerian Union of Local Government Employees (NULGE), provided updates on the ongoing discussions. According to Kabir, the Area…

The Anambra State Police Command has apprehended a 42-year-old man, Friday Emenike, also known by the alias “Ekpo,” for allegedly renting firearms to criminals for illegal activities. This arrest highlights a significant step in the fight against crime within the state. According to a statement issued by the Police Public Relations Officer, Tochukwu Ikenga, the suspect hails from the Izzi Local Government Area of Ebonyi State. Emenike was taken into…

Codix Group, a subsidiary of Colexa Biosensor Ltd, has achieved a groundbreaking milestone by securing approval from the World Health Organisation (WHO) to package a WHO Prequalified Rapid Diagnostic Test (RDT) kit at its facility in Nigeria. This development marks a significant leap forward for the country’s healthcare production capabilities and efforts to combat HIV. The approval enables Colexa Biosensor to locally package the WHO Prequalified HIV Rapid Diagnostic Test,…

Still reeling from the death of its President General, Pa James Oghoroko in military detention, the Okuama community in Ughelli South Local Government Area of Delta State, has suffered yet another loss as 81-year-old Pa Dennis Okugbaye, the community’s Treasurer, also died in military detention yesterday. The sad news of Pa Okugbaye’s death, the second person of the six arrested Okuama leaders, has led to tension in Okuama Community. The…

The Organization of Petroleum Exporting Countries (OPEC) has confirmed Ademola Adeyemi-Bero, Nigeria’s Governor for OPEC, as Chairman of the OPEC Board of Governors for 2025. A statement by Nneamaka Okafor, media aide to the Minister of Petroleum (state), Heineken Lokpobiri, confirmed the development on Tuesday. The statement said the appointment of Adeyemi-Bero by OPEC “would provide a vital platform for Nigeria to advocate for balanced energy policies that benefit oil…

44-year-old younger sister of the governor of Taraba State, Atsi Kefas has died from gunshot wounds sustained during an attack a few days ago, in Kente village, Wukari local government council of the state. NEW DAILY PRIME learnt that Atsi gave up the ghost at a private hospital in Abuja, where she had been receiving treatment after being transferred from the Federal University Teaching Hospital in Wukari. However, conflicting reports…

Nigerian fintech, Moniepoint, has kept mum over an alleged N1 billion fine imposed on it and other fintechs by the Central Bank of Nigeria (CBN) over compliance issues. Per TechCabal, OPay was also fined N1 billion by the CBN for a similar issue in the second quarter (Q2) of 2024. While Moniepoint, Africa’s eighth unicorn, declined to comment on the claim while OPay denied it, saying it is false, according to TechCabal. TechCabal also…

President Bola Tinubu has extended the olive branch to his political opponents and everyone not on the same page with him to join in as the government strives for peace, unity, and development of the country, saying even though people may have different political inclinations, Nigerians are one. The president spoke when he commissioned the Bola Ahmed Tinubu Technology Innovation Complex, BATTIC, at the headquarters of the Nigeria Immigration Service,…

Police officers have been stationed outside the Afe Babalola Chambers in the Magodo area of Lagos to maintain security. NEW DAILY PRIME reports that Dele Farotimi, a human rights lawyer and activist is currently facing charges before the Ekiti State Magistrate Court over alleged defamation of a legal icon, Afe Babalola in his book titled, ‘Nigeria and Its Criminal Justice System.’ The officers are present to prevent any disruption, amid…

Nigeria and France’s relationship was strengthened by President Bola Tinubu’s November trip to Paris, alarming those who see it as going against the trend of other countries in the region severing ties with their erstwhile colonial oppressor.France, whose colonialist iron hand once held sway over large parts of Africa, is learning to its cost that the continent is no longer willing to be dictated to.The European nation’s diplomatic relations with…