Category : Search result: offshore capital flight


Turbulence Sparks Prayer on London-Abuja Flight

A viral video shows passengers praying during severe turbulence on a London to Abuja flight. Witness the tense mid-air moment and the collective reaction of travelers. Watch the footage now.

Passenger Tried to Open Plane Door Mid-Flight

A passenger on Alaska Airlines Flight 87 attempted to open a cabin door mid-air, leading to restraint by fellow travellers and his arrest. Read the shocking details of the incident.

Man Pays N200k for Air Peace Flight, Criticises Service

A Nigerian man, Sammie, shares his experience flying Air Peace for N200,000. He criticises being served water in a plastic cup and an all-white crew on the one-hour flight. Read his full story and public reactions.

Man shocked by N500k Lagos-Asaba flight price

A Nigerian man's viral TikTok video reveals a staggering N500,000 flight price from Lagos to Asaba, sparking outrage over high airfares amid insecurity. Read public reactions.

82 Nigerian Women on Death Row, Group Seeks Halt

ASF France reveals 82 Nigerian women face execution, highlighting gender bias and poverty in the justice system. Advocates demand a moratorium and recognition of domestic violence as a mitigating factor.

16 Banks Meet CBN Capital Rules Ahead of 2026 Deadline

CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.

TotalEnergies Sells 40% Nigerian Offshore Stake to Chevron

TotalEnergies divests 40% stake in two Nigerian offshore licences to Chevron, forming a new joint venture to accelerate exploration in the West Delta basin. This marks a strategic realignment amid Nigeria's push for new oil investments.

Tinubu's Security Order Sparks Calls for Police Restructuring

President Tinubu's emergency security order for police recruitment faces scrutiny. Experts argue Nigeria's problem is not manpower shortage but poor management of existing human capital. A retired professor advocates for merging units and ending wasteful

Anioma State: Delta North Rejects South-East Proposal

Delta North legislators and LGA chairmen firmly reject merging Anioma State with the South-East. They insist it remains in South-South, pledging political action for its creation. Read the full story.

SEC Nigeria's Reforms Fuel Historic Market Growth

The Securities and Exchange Commission (SEC) Nigeria is transforming the capital market with new laws, investor protection, and tech. Market cap hit N91.3 trillion in November 2025. Discover the blueprint for economic prosperity.

TotalEnergies Sells Nigeria Offshore Stake to Chevron

French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron. The deal aims to derisk and develop new opportunities in Nigeria's oil sector. Full details inside.

Nigeria Capital Market Shifts to T+2 Settlement Cycle

Nigeria's capital market transitions to T+2 settlement cycle, signaling global readiness and enhancing investor confidence. Learn how this reform positions Nigeria for international competitiveness.

Trump closes Venezuela airspace in major escalation

US President Donald Trump has declared Venezuela's airspace closed, escalating tensions with Nicolas Maduro. Major airlines have suspended flights, disrupting regional travel. Read the full details.

Mimiko: Boost Health, Education Investment Now

Ex-Gov Mimiko demands increased public spending on health and education, linking them to national development. He proposes a revamped school feeding programme and police decentralisation.

Airbus A320 Software Update Causes Flight Chaos

Global air travel faces major disruptions as Airbus mandates urgent software upgrades for up to 6,000 A320 aircraft following a safety incident. Learn how this affects Nigerian travelers.

Airbus A320 Software Crisis Disrupts Air Travel

Airbus warns 6,000 A320 aircraft need urgent software upgrades due to solar radiation risks, causing potential flight disruptions worldwide. Stay informed about travel changes.

NACETEM Plans Tech Training for 1 Million Nigerians

NACETEM unveils a 5-year plan to equip 1 million Nigerians with tech, innovation, and entrepreneurship skills. This initiative aims to boost national competitiveness and create a skilled workforce for a knowledge-driven economy. Learn more about this tran

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