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Budi Karya Sumadi

A member of Indonesian Search and Rescue Agency (Basarnas) inspects debris believed to be from the Lion Air passenger jet. (Photo by Tatan Syuflana-AP Photo)

Divers recover crashed Lion Air’s ‘black box’ from Indonesian sea

Indonesian divers recovered a flight recorder from the downed Lion Air jet on the sea floor on Thursday, a crucial development to find out what caused the new plane to plunge into the sea and kill 189 people.
Budi Karya Sumadi

Indonesia removes airline director after plane crash

Indonesia’s transport minister removed on Wednesday the technical director of the Lion Air airline and several of its technicians after the crash of one of its jets with 189 people on board, the Antara news agency reported on Wednesday.

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Ambassador Shimon Ben-Shoshan

Envoy: Israelis love Nigeria and Nigerians love Israel

“Israelis love Nigeria and Nigerians love Israel,” says Mr Shimon Ben-Shoshan, Israeli Ambassador to Nigeria.
Central Bank of Nigeria - CBN

Central bank to limit banks’ appetite for govt securities

The Central Bank of Nigeria, CBN, yesterday, said it would soon announce measures to limit the excessive appetite of banks for government securities.

Suspected bandits kill five vigilante members in Katsina

The police in Katsina State have confirmed that five persons who were members of the local vigilante were killed by bandits in Faskari Local Government Area on Tuesday.
The Chief Executive Officer, Forte Oil Plc, Femi Otedola, paid a courtesy visit to Christain Chukwu who is recuperating at the Wellington Hospital, Circus London.

Femi Otedola pays Christian Chukwu visit at London hospital

The Chief Executive Officer, Forte Oil Plc, Femi Otedola, paid a courtesy visit to Christain Chukwu who is recuperating at the Wellington Hospital, Circus London.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

EFCC quizzes Kwara government, state assembly officials over suspicious payments

The Economic and Financial Crimes Commission, EFCC, Ilorin Zonal Office has commenced investigations into the alleged illegal payment of about N400 million to some members of the Kwara State House of Assembly and the State Executive Council members before the expiration of their tenures.