General News
NAMA Aims @ Safe Airspace-Atobatele
The Nigerian Airspace Management Agency (NAMA) has declared unalloyed interests to ensure safety in the nation’s airspace. Nigeria CommunicatonsWeek can report that the decision is in line with the cautions given by the Nigeria Metrological Agency (NIMET) for year 2012 raining season. NIMET had during its Seasonal Rain Predictions (SRP) warned airline operators to prepare for heavy thunderstorms between May and June as well as in October. Supo Atobatele, general Manager, NAMA told Nigeria CommunicationsWeek that the agency saddled with the responsibility to provide air navigation services imbued with safe, efficient, expeditious and economic flight operations has taken up its safety nets geared towards sustenance of accident-free air travel noticeable in the country in recent years. The Nigerian Airspace Management Agency (NAMA), was created via Act No. 48 of 1999 of the Federal Republic of Nigeria, to develop the Nigerian Airspace to a level consistent with the requirements of the International Civil Aviation Organisation (ICAO) Standards and Recommended Practices (SARPSs). “The Agency is saddled with the provision of air navigation services based on maintaining safe, efficient, expeditious and economic flight operations in the country and we are not relenting on that. “In compliance with such mandate aimed at making the Nigerian Airspace rank among the safest airspaces in the African-Indian Ocean (AFI) region and indeed, the world over, NAMA management has restated that no pilot will take off the airdrome when the weather is reported as not favourably,” said Atobatele. Meanwhile, Dr. Anthony Anuforom, director-general of NIMET, said “Our airlines should be cautious during this raining period; they need to be very careful because this is the time associated with thunderstorms. “This is the time that very dangerous clouds come up and make flight dangerous.” Anuforum also warned of possible repetition of July 10, 2011 torrential rain incident in Lagos, said in Abuja that the thunderstorms would begin in March but climax by May/June with another occurring in October in the Lagos area and Abuja. Anuforom harped on the imports of the Federal Government creating awareness in order to reduce damages and loss of lives and properties. He said: “For hydrological and water resources sector, this implies adequate water and stream-flows which may affect the dam storage for municipal water supply, hydropower generation and irrigation. “Development and regular maintenance of dams for dry season irrigation and water supply should be accorded high priority. “However, episodic flooding and erosion in the coastal zone and river catchment areas maybe inevitable and as such, adequate publicity is highly recommended in order to reduce damages and risk of loss of life and property, especially in areas prone to river bank overflows.” He said normal rainfall might result in flash flooding, particularly in the northern states, stating that wet spells and flash floods could occur more over he added that this year would be favorable for farmers, but urged them to pay close attention to the onset date in order to avoid waste.
Economic and Financial Crimes Commission (EFCC), has detained Tunde Ayeni, former chairman of defunct Skye Bank Plc, for alleged fraud involving N36.5 billion and $30 million.
Tunde Ayeni, former chairman of defunct Skye Bank Plc,
This follows the probe of alleged diversion of N36.5 billion and $30 million secured as loans from Polaris Bank Plc through companies linked to Ayeni.
He was arrested by EFCC operatives in Abuja on April 23, 2026, and is still been held in custody as at the time of filling the report.
Dele Oyewale, spokesperson, EFCC, confirmed the arrest on Friday but declined to provide further details.
Ayeni is under investigation for diverting funds obtained for marine security, electricity distribution, and real estate projects into other unknown projects.
Investigators allege the loans were instead channelled into telecom investments tied to NITEL/MTEL assets via a NATCOM account.
About 12 firms believed to be connected to Ayeni are also under investigation for their role in securing the loans.
The EFCC is expected to file charges once the investigation is concluded.
Summit Household Solutions Limited has opened its ultra-modern manufacturing facility in Ota, Ogun State, as part of its efforts to scale production of home and personal care products in Nigeria.
The plant, which started operations in April 2025, produces items such as dishwashing liquids, handwash, sanitisers and multipurpose liquid soaps, with an annual capacity estimated at 7,000 tonnes.
Commissioning the facility on behalf of Governor Dapo Abiodun, the Permanent Secretary, Ministry of Commerce, Trade and Investment, Mr Kehinde Akintomide, said the investment reflects growing confidence in Ogun State’s business environment.
He noted that the state hosts over 6,000 manufacturing firms and described the development as consistent with ongoing efforts to promote industrialisation, attract investment and reduce reliance on imports under the Federal Government’s Renewed Hope initiative.
Akintomide disclosed that the factory has already employed more than 50 Nigerians, with projections to exceed 250 jobs as operations expand.
In his remarks, the General Manager of the company, Mr Sadiq Ali, said the facility represents a major step in Summit’s growth plans, adding that its flagship brand, 2Sure, currently leads production at the plant.
He also revealed that the company is preparing to introduce new home and personal care products later this year.
Summit Household Solutions manufactures the 2Sure brand and has expanded into the personal care segment with Lewar, a premium beauty soap line positioned for quality and affordability.
Among dignitaries present were the Onikotun of Otun, Ota, Oba Abdulakeem Odunaro, representing the Olota of Ota, Prof. Adeyemi Abdulkabir Obalanlege; the Agba Akin of Ota, Chief Dada Olusola; Director of Investment, Ms Yemisi Folarin; Director of Industrial Promotion, Mr Femi Adeboye; former Managing Director of 7Up Bottling Company, Mr Ziad Maalouf; and the Chief Executive Officer of OmniRetail, Mr Deepanker Rustagi.
Speaking at the event, Maalouf, who conceived the 2Sure brand during his time at 7Up Bottling Company, expressed satisfaction with its growth and commended Summit Solutions Limited for advancing the brand.
The special guests were conducted around the facility, and the programme was concluded with a luncheon.
The administration of Donald Trump has frozen $344 million in cryptocurrency allegedly linked to Iran, marking a sharp escalation in financial pressure on Tehran.
The move comes amid stalled diplomatic efforts and a fragile ceasefire in the region.
U.S. Treasury Secretary Scott Bessent confirmed that authorities are sanctioning multiple crypto wallets tied to Iran. “We will follow the money that Tehran is desperately attempting to move outside of the country and target all financial lifelines tied to the regime,” he said.
Tether, which facilitated the transactions, said it worked with U.S. authorities to freeze the funds across two wallet addresses after receiving intelligence linked to unlawful activity.
A U.S. official said blockchain analysis revealed “material links” to the Iranian regime, including transactions routed through intermediary addresses connected to wallets associated with the Central Bank of Iran.
Responding to the development, Tether CEO Paolo Ardoino said the company does not tolerate illicit use of its stablecoin. “USD₮ is not a safe haven for illegal activity. When there is credible linkage to sanctioned entities or criminal networks, we act immediately,” he stated.
The crackdown underscores the growing reliance of sanctioned states on digital assets to bypass traditional banking restrictions. Data from Chainalysis shows Iran’s cryptocurrency holdings reached $7.8 billion in 2025, with the Islamic Revolutionary Guard Corps reportedly controlling about half.
Analysts say while the freeze is significant, Iran has historically adapted to sanctions. Daniel Tannebaum of the Atlantic Council noted that targeting third-party actors enabling such transactions may be key to increasing pressure.
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