Daily Archives: May 12, 2024

EFCC stops dollar transactions, asks embassies to charge in naira

The Economic and Financial Crimes Commission (EFCC) has issued a directive barring foreign missions operating in Nigeria from conducting transactions in foreign currencies, mandating the use of the Naira for their financial operations. Additionally, Nigerian foreign missions abroad have been instructed to accept Naira for their financial transactions. This measure is aimed at addressing the…

FAAN shuts Lagos airport runway as aircraft skids runway

On Saturday, May 11, an XEJet Airlines aircraft departing from Abuja encountered an incident at the Murtala Muhammed Airport in Ikeja, Lagos. The XeJet E145 aircraft, bearing registration number 5NBZZ, experienced a runway excursion off runway 18L during its landing at approximately 11:29 a.m., veering into the grass verge. On board were 52 passengers and…