General News
Air Peace sets New Record as B777 Aircraft Arrives

Air Peace has set a new record with the arrival of its newly acquired Boeing B777-200 aircraft, becoming the first and only Nigerian airline to procure and register the brand of airliner in the country.
The development is coming weeks after the airline took delivery of two Embraer 145 aircraft on January 31 and February 9 respectively and made history with the setting up a subsidiary, Air Peace Hopper to organise its short-haul operations in line with its no-city-left-behind project.
The 274-capacity aircraft, which touched down at the Murtala Muhammed International Airport, Lagos at about 3.45 pm on Friday, is the first of two Boeing 777 airliners Air Peace recently acquired in preparation for its Dubai, Sharjah, London, Guangzhou-China, Houston, Mumbai and Johannesburg services. The airline is finalising talks to add two more B777 aircraft to its fleet soon.
The aircraft with registration mark 5N-BVE bears “Ifechukwu”, the middle name of the Chairman/Chief Executive Officer of Air Peace, Mr. Allen Onyema.
The aircraft, which was flown in by the Chief Pilot of the airline, Capt. Victor Egonu and Capt. Simon Donoghue, arrived to a rousing welcome by an excited team from Air Peace led by Onyema and and enthusiastic crowd of top aviation personnel as well as security operatives.
Speaking on the arrival of the aircraft, Onyema assured that Air Peace, which launched its its Banjul, Freetown and Dakar services on February 19, 2018 would soon start flights to Dubai, Sharjah, Guangzhou-China, London, Houston, Mumbai and South Africa.
“Air Peace is ready to begin operations on these routes as soon as we get the cooperation of our aviation agencies, our home governments, and the outside governments of the countries we are going to. As soon as we get their cooperation, we will make it happen, ” Onyema said.
The feats Air Peace had recorded in just three years of its flight operations, he insisted, were a proof that Nigerian airlines could compete with and even outperform the legacy airlines if there was a level-playing field.
His words: “This is the first time a Nigerian carrier is acquiring a B777. What we have had in the past were through leases which were not favourable to the airline operators. So, I don’t believe that Nigerian airlines cannot compete favourably with others. What we have been lacking is the necessary support.
“Within the last three years, we have been able to increase our fleet size to 24 aircraft. That is rapid growth and we are still growing stronger.”
Onyema dismissed insinuations that Nigerian airlines were not safe, stressing that Air Peace spent up to $2.5 million annually in maintaining a single aircraft on its fleet.
“So,” he contended, “in terms of safety, we can assure our guests of the very best because even our technical partner is a firm from the United Kingdom.
“Air Peace cannot be said to be weak or indebted and if there are airlines that are going through that, they should come out and name them instead of generalising.”
The Air Peace boss said he remained opposed to the Single African Air Transportation Market (SAATM) initiative, insisting that Nigeria had little or nothing to gain from it.
Onyema explained that most African airlines that would take advantage of the SAATM window to operate in the country lacked attractive destinations Nigerian airlines would reciprocally operate into.
He added that some of the countries on the African continent were imposing high charges in a bid to discourage Nigerian airlines from operating into their routes.
General News
Nigeria Police suspends tinted glass permit enforcement over court injunction

Nigeria Police Force has suspended nationwide enforcement of its tinted glass permit policy, hours before its scheduled rollout, in compliance with a Delta State High Court order.

Tinted glass permit
The policy, set for January 2, 2026, aimed to curb vehicle-related crimes but faced legal challenge from a private citizen against the Inspector-General of Police, the force, and Delta Police Commissioner.
An ex parte injunction issued in December 2025 restrained enforcement pending suit determination, prompting the hold announced by spokesperson Benjamin Hundeyin on January 1.
Police entered appearance, filed preliminary objections, and sought injunction vacation; hearing adjourned to January 20, 2026.
The Nigerian Bar Association condemned initial police plans as “executive recklessness,” accusing disregard for rule of law, while police insisted no permanent bar existed on statutory duties.
IGP Kayode Egbetokun reiterated adherence to law while prioritising public safety via intelligence-led strategies during proceedings.
General News
NDIC Reinforces Full Oversight Compliance to Safeguard Depositors

Mr. Thompson Sunday, the Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), has reaffirmed the Corporation’s strict compliance with fiscal and financial regulations, including the provisions of the Fiscal Responsibility Act (FRA) 2007, noting that the NDIC has consistently remitted the required percentage of its earnings to the Federal Government.

Mr. Sunday made this known during a courtesy visit to the Managing Director/Chief Executive of the Ministry of Finance Incorporated (MOFI), Dr. Armstrong Takang, as part of NDIC’s ongoing engagement with key stakeholders following his formal assumption of office in July 2025.
According to him, NDIC takes financial accountability and transparency seriously, stressing that the Corporation complies fully with statutory remittance obligations, including the payment of 20 per cent of gross earnings or 80 per cent of net surplus to the Federal Government, as applicable. He added that NDIC also submits its financial statements ahead of statutory deadlines.
The NDIC MD/CE explained that this culture of compliance aligns with the Corporation’s role as a key institution within Nigeria’s financial safety-net, charged with protecting depositors and promoting confidence in the banking system. He emphasized that adherence to fiscal discipline remains central to NDIC’s credibility and effectiveness.
Mr. Sunday further disclosed that NDIC also complies with the Federal Government’s 50 per cent cost-to-income ratio policy, although he noted that the policy poses operational constraints. He explained that the deductions affect NDIC’s ability to build a strong Deposit Insurance Fund, which is needed to respond effectively to bank failures.
He stressed that international best practices under the Core Principles for Effective Deposit Insurance issued by the International Association of Deposit Insurers (IADI) require deposit insurers to maintain adequate funds to reimburse depositors when banks fail without recourse to government, adding that the NDIC is seeking an exemption to strengthen its capacity in this regard.
Mr. Sunday described MOFI as a critical stakeholder, noting that the Federal Government, through MOFI, holds a 40 per cent equity stake in NDIC. He said sustained collaboration with MOFI is essential to ensuring that NDIC continues to meet its obligations to government while effectively safeguarding depositors’ funds.
In his remarks, Dr. Takang commended the NDIC for its exemplary collaborative spirit and acknowledged the Corporation’s compliance with fiscal regulations. He assured that MOFI would continue to engage the Federal Ministry of Finance on NDIC’s behalf, noting that a strong NDIC is vital to sustaining confidence in Nigeria’s financial system.
Both institutions reaffirmed their commitment to continued cooperation, transparency and accountability, with Mr. Sunday reiterating that NDIC remains focused on balancing regulatory compliance with its overriding mandate of depositor protection and financial system stability.
General News
T2 Backs Youth Excellence as NCBC Wins Bosun Tijani Foundation Basketball Tournament

T2 has reaffirmed its commitment to youth development and excellence through sport as the NCBC basketball team, adopted by the brand, emerged champions of the Bosun Tijani Foundation Youth Basketball Tournament held at the Alake Sports Complex, Ijeja, Abeokuta.

The tournament, organised by the Bosun Tijani Foundation in collaboration with the Ogun State Government and supported by several partners including T2, brought together 12 competitive teams from across Nigeria, positioning basketball as a powerful platform for youth engagement, discipline, and opportunity.
NCBC’s championship run reflected the values T2 seeks to champion, work ethic, intelligence, teamwork, and resilience. The team recorded commanding victories over Team Vision, Warlords, and Elevate before defeating the Ilupjeu Raiders 66–52 in a gripping final.
Commenting on the adoption of the team, Seni Ogunkola, Vice President, Brands and Communication, T2 stated “NCBC embodies the qualities we believe in, exceptional work rate, intelligence on the ball, discipline, and a hunger to excel. By supporting them, T2 is investing in potential, purpose, and the next generation of leaders on and off the court.”
The climax of the event saw His Royal Highness, Oba Adedotun Gbadebo, the Alake of Egbaland, alongside Nigeria’s Minister of Communications and Digital Economy, Bosun Tijani, present the trophy to the victorious team, drawing rapturous applause from spectators. The event was also attended by the Chief of Staff to Ogun State Governor Dapo Abiodun, Mr. Lere Olayinka, and the Ogun State Commissioner for Sports, Honourable Wasiu Isiaka, underscoring strong institutional support for youth-focused initiatives.
Through its participation in the tournament, T2 continues to position itself as a brand that goes beyond sponsorship, championing platforms that unlock talent, inspire ambition, and create lasting social impact for Nigerian youth.
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