General News
SAHCOIL Opens New Corporate Headquarters, Lounge to Public
The Skyway Aviation Handling Company Limited (SAHCOL), has relocated its head office to a new corporate headquarters located at the Murtala Muhammed International Airport (MMIA) Cargo Complex.
This is a remarkable development in the life of the growing fortune of SAHCOL, as it is the first time the Management of the company is being housed in one edifice, after the fire incident that gutted the warehouse/Offices of the Company, on November 21, 2002.
According to Basil Agboarumi, general manager, Corporate Communications at SAHCOL, “this is a further confirmation that Privatization is paying off for SAHCOL, as less than five Years of handling over SAHCOL to SIFAX Group, the Company started and completed the construction of a befitting Corporate Headquarters”.
In the five Years of SIFAX GROUP involvement in SAHCOL, through Dr. Taiwo Afolabi as the board chairman, the Ground Handling Company has experienced massive purchase/deployment of Modern State-of-the-art equipment, constant training for all staff, international Certification/Recertification, Construction of a world class fully automated Cargo Warehouse, Boost of client confidence leading to increase in number of clientele, and increase in the staff strength.
Meanwhile, still running with the vision to provide outstanding Services to the travelling Public, SAHCOL has reconstructed and opened an exceptionally unique Lounge to the public.
The Lounge which is located at the sterile area of the departure hall of the Murtala Muhammed International Airport provides an exquisite and relaxed atmosphere for airline customers, paying close attention to their needs to ensure their conformability, while providing an avenue to escape from the usual hustle and bustle of busy airport terminals, with an environment where you can relax and unwind before boarding your flight.
SAHCOL is an ISAGO certified Aviation Ground Handling Company, with significant presence in all commercially operated airports in Nigeria.
Its duties includes Passenger Handling, Ramp Handling, Cargo Handling/Warehousing, Aviation Security, Baggage Reconciliation, Crew Bus and Executive Lounge Services, as well as other related ground handling Services.
SAHCOL has successfully established a strong market presence in the domestic and international airline ground handling industry, with peerless expertise in providing exceptional Passenger, Ramp and Cargo/Warehousing services.
Owing to the boost in confidence, SAHCOL now provides ground handling services to some of the world best airlines, amongst which are Arik Air, Emirates Airlines ,United Airlines, Air France, Middle East Airlines (MEA), Allied Air, Aero Contractors Airline, Dana Air, Sudan Air, African Open Sky Airlines, Med-view Airlines, Camair-Co, South African Airways, Etihad Airways, Atlas Jet Airlines, Max Air, Kabo Air, African Word Airways (AWA), Gambia Bird Airlines, AZMAN Air, Discovery Air, Ethiopian Air and other ad-hoc operators.
“This has made SAHCOL a reference point where efficiency of a successful flight is born in the Nigerian Aviation sector,” the GM added.
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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