The leadership of the House of Representatives has resolved the issues that led the Airlines Operators Association of Nigeria (AOAN) to threaten to shut down flight operations across the country. At a meeting that lasted over three hours at the National Assembly on Monday, the House leadership, led by Speaker Femi Gbajabiamila secured the commitment…
Day: May 10, 2022
Q1 2022: Transcorp Hotels Reports Revenue of N7bn and Gross Profit of N5.1bn
Transcorp Hotels Plc, Nigeria’s top hospitality company and a subsidiary of Transnational Corporation Plc. (Transcorp Group) has ended Q1 2022 with an impressive result, reporting a 77.4% growth in revenue to N7.04 billion from N3.97 billion in the same period in 2021. The hospitality company which owns the iconic Transcorp Hilton Abuja, Transcorp Hotels Calabar…
Senate Amends Electoral Act to Allow Statutory Delegates Vote at Party Primaries
The Senate, on Tuesday, amended the Electoral Act, 2022, to allow ‘statutory delegates’ – all those elected – to participate and vote in the conventions, congresses or meetings of political parties. This followed the expeditious consideration of a bill during plenary which scaled first, second and third readings, respectively, and was passed during plenary by…
2023: Jonathan Rejects APC Presidential Form
Former president Dr. Goodluck Jonathan has rejected the N100 million Presidential Nomination and Expression of Interest forms, of the All Progressives Congress APC purportedly purchased for him by some groups. News broke late Monday that a coalition of supporter groups from the northern part of the country had bought form for the ex-president. Though there…
Lagos to Begin Week-Long Demolition of Distressed Buildings
The Lagos State Government is set to begin the demolition of identified distressed buildings in the State throughout the week in order to prevent building collapse as well as secure lives and property. The Commissioner for Physical Planning and Urban Development, Dr. Idris Salako, made this known on Monday while giving updates on Government’s building…