News
Release $717.4m trapped funds to foreign airlines, Senate Urges CBN

The central Bank of Nigeria on Wednesday has been asked to release trapped $717,478,606 airlines funds in the country.
The Senate made the call to CBN while also allocating the sum of $25 million to airlines operating in Nigeria at its fourth-nightly dollar auction.
These resolutions were reached sequel to the consideration of a motion titled, ‘Current Issues on airlines blocked funds in Nigeria’, sponsored by Sen. Biodun Olujimi (PDP-Ekiti) at the plenary in Abuja and chaired by the Senate Committee on Aviation.
The vice chairman of the committee, Sen. Bala Na’Allah (APC-Kebbi) presented the motion on behalf of Olujimi.
The upper chamber of the National Assembly also called on the Federal Government to urgently reverse the current trend of increasing airlines blocked funds in Nigeria.
It called on President Muhammadu Buhari to direct the CBN Governor, Godwin Emefiele, to pay up the blocked funds to the affected airlines.
The Senate further appealed to the airlines operating in the country not to withdraw their services, saying efforts were ongoing to resolve the issue.
Moving the motion, Na’Allah said since January 2021, Nigeria has been the most challenging country in the world for the airlines to repatriate their funds to support their operation.
In February, Nigeria alone accounted for 44 per cent of total airlines blocked funds in the entire world.
The total airlines blocked funds in Nigeria as of March amounted to $717.4 million comprising matured bids that the CBN was yet to deliver, bids yet to mature, and cash balances in airlines’ accounts for repatriation.
News
UPDATE: Four-storey building collapses in Lagos (Photos)

A four-storey building has collapsed in Ojodu-Berger area of Lagos, with occupants trapped, and some feared dead.
Panic gripped residents when the uncompleted building suddenly collapsed on Saturday.
The building houses the popular Equal Right Restaurant.
The incident happened at about 11a.m., today.
As of press time, men of Lagos State Fire and Rescue Service, as well as the Lagos State Emergency Management Agency, LASEMA, who had been contacted have arrived at the scene.
See photos below:




News
BREAKING: Many feared trapped, as Building collapses in Ojodu Lagos

An unspecific number of people are believed to be trapped under an uncompleted storey building which collapsed in Lagos.
The building housing Equal Rights restaurant located at Oremeta Street, Ojodu Lagos, went down on Saturday morning.
It is believed, however, that some people are still trapped underneath the rubble.
Details later….
Crime
Police rescue 10 kidnapped University of Benin students

Edo State Police Command says it has rescued 10 University of Benin, UNIBEN, students abducted by suspected kidnappers at Ofosu area along the Benin-Ore expressway.
It was gathered that the students were on their way to Babcock University for Annual GYC Africa Conference when they were kidnapped on April 16 at the community bordering Edo and Ondo States.
The Public Relations Officer of the Command, Moses Yamu disclosed this in a statement made available to newsmen.
Yamu said the rescued students are eight males and two females.
He said during the rescue operation, one of the suspected kidnappers was killed, while other escaped with bullet wounds.
He also disclosed that one of the Police officers, an Inspector sustained gunshot injury and is currently responding to treatment in an undisclosed hospital.
The statement read: “The Command wishes to update the general public of the unfortunate kidnap of some students who were on their way to Babcock University for Annual GYC Africa Conference on 16/04/2025 at a location bordering Edo and Ondo States.
“On receipt of this information, the Commissioner of Police, Monday Agbonika, immediately deployed operatives of the Ohosu Division, IRT, tactical teams alongside vigilantes and hunters into the bushes for possible rescue of the victims and arrest of suspects.
“During the operation, operatives engaged in a gun duel with these kidnappers. In the process, one of the kidnappers was neutralised, while others escaped with bullet wounds.
“The operatives were cautious to avoid collateral damages as the kidnappers used the victims as human shields. Unfortunately, an Inspector of Police sustained a gunshot injury and is currently responding to treatment.
“This rescue effort eventually paid off as the ten (10) kidnapped students comprising eight (8) male and (2) females were released due to intense pressure mounted on them.”
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