This is contained in a statement signed by Dr Ejike Ndiulo, head of Corporate Communications, Air Peace, on Wednesday in Lagos.
According to Ndiulo, the decision is necessary because NiMet is the agency responsible for issuing CNH (Current Nowcast of Hazardous Weather) reports, critical for safe landings, especially during this season of heavy rainfall and thunderstorms.
He said without these reports from the control tower, flight safety could not be guaranteed.
“As a safety-first airline, we have chosen to act responsibly by suspending operations until NiMet resumes full service.
“We understand this may cause inconvenience, and we sincerely apologise. Passengers will be contacted with updates and options for rescheduling,” he said.
The staff of NiMET on Tuesday commenced an indefinite strike over the condition of service and other demands.
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AMCON MD, Kuru Set To Deliver Nigeria Travelsmart Colloquium Lecture

Mr. Ahmed Lawan Kuru (ALK), Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), will on Tuesday October 9, 2018 at the Eko Hotels and Suites, Lagos, address aviation stakeholders as guest speaker at the annual aviation colloquium.
The forum is organised annually by NigeriaTravelsMart (NTM) to seek ways of improving professionalism in the aviation sector of the Nigerian economy.
The theme for this year’s edition is “Corporate Governance and Airline Industry Development in Nigeria.”
Lawan Kuru who has been consistent in calling for the strengthening of good corporate governance across different institutions (both private and public) in the country was selected as guest speaker by the Board of NigeriaTravelsMart magazine because of his outstanding commitment to this call over the years.
The AMCON boss, the organisers added, would use the opportunity provided by the forum to share the experiences of AMCON’s intervention in the transport and allied sectors, with particular interest in Aero and Arik airlines.
Lawan Kuru would also be expected to field questions from participants, aviation practitioners and the media during the event.
Mr. Simon Tumba, Publisher and Chief Executive Officer of NigeriaTravelsMart magazine and organisers of the annual colloquium stated that, “We are delighted to have the MD of AMCON, who is a strong advocate of good corporate governance deliver this year’s lecture.
“As a strong corporate player that practices what he preaches in his present organization and others he previously managed, I can tell you that industry players are already looking forward to having frank interactive session with ALK because of his bluntness.”
Given the leading role of AMCON in Nigeria as a stabilising and revitalising agent of the federal government and AMCON’s intervention in aviation, which is critical to economic growth, ALK’s contribution at the colloquium, according to Tumba will be valuable to industry stakeholders and the country in general.”
Others expected at the colloquium, Tumba added, includes Capt Dapo Olumide, CEO Ropeways Transport Limited; Chris Amenechi, VP Pricing and Revenue Management Copa Airlines; Kola Ayeye, the Group MD/CEO of Growth and Development Limited (GDL), just to mention a few.
News
EFCC Secures Arrest Warrant for Six CBEX Promoters

A federal high court in Abuja has granted permission to the Economic and Financial Crimes Commission (EFCC) to arrest and detain six Crypto Bridge Exchange (CBEX) promoters over allegations of investment fraud to the tune of over one billion dollars.
Emeka Nwite, presiding judge, gave the order following an ex parte application moved by Fadila Yusuf, counsel to the EFCC.
In the application by the EFCC, the six suspects are Adefowora Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Avwerosuo Otorudo and Chukwuebuka Ehirim.
The commission sought an order of the court for a warrant of arrest of the defendants.
They also prayed the court for “an order remanding the defendants in the custody of the complainant/applicant pending the conclusion of investigation of the alleged offences and possible prosecution”.
Yusuf said that the defendants are at large and a warrant of arrest is required to arrest the defendants for proper investigation and prosecution of this case.
In the affidavit in support of the motion, the EFCC said preliminary investigation into the intel revealed that the defendants “using their company ST Technologies International Limited, promoted another company Crypto Bridge Exchange (CBEX) by making adverts and lured unsuspecting members of the public to invest crypto cryptocurrencies on the CBEX investment platform”.
The EFCC said the defendants promised an unrealistic return on investment of up to 100 percent.
“The victims were made to convert their digital assets into a stablecoin of USDT for onward deposit into the suspects’ crypto wallet,” Yusuf said.
“The victims were initially given full access to the platform to monitor their investment.
“Following the deposits valued at over $1 billion by the victims, the CBEX investment platform became inaccessible to them, and they could no longer withdraw from the investment made.
“The victims later discovered that the said scheme is a scam.
“During the course of investigation, it was discovered that the said ST Technologies International Limited, though registered with the Corporate Affairs Commission (CAC), it was not registered with the Securities and Exchange Commission (SEC) for investment purposes.
“It was also discovered during the investigation that the defendants had moved out of their last known address in Lagos and Ogun states.”
The anti-graft agency said obtaining a warrant of arrest was necessary in order to place the defendants on a watch list, enabling authorities to trace and apprehend the suspects to face the charges brought against them.
Nwite granted the request for a warrant of arrest and remand, adding that the order was necessary to enable the commission to apprehend the defendants and conclude its investigation.
“I have listened to the submission of the learned counsel for the applicant,” Nwite said.
“I have also gone through the affidavit evidence with exhibits thereto, along with the written address.
“I am of the view and I so hold that the application is meritorious.
“Consequently, the application is granted as prayed.”
Earlier in April, reports emerged that CBEX users could no longer withdraw their funds.
On Monday, angry investors stormed and looted the office of Smart Treasure (ST Team), an affiliate of CBEX, in Ibadan, Oyo State.
The EFCC recently confirmed receiving multiple complaints about the platform.
Dele Oyewale, the commission spokesperson, assured affected investors that efforts were underway to recover their funds.
News
Air Peace Suspends Flight Operations Nationwide

News
NITDA Fixes Date for Inaugural Meeting of the Startup Consultative Forum

The National Information Technology Development Agency (NITDA) is pleased to announce the inaugural meeting of the Startup Consultative Forum, scheduled for Monday April 28, 2025 This milestone event marks a significant step in deepening stakeholder engagement within Nigeria’s growing startup ecosystem.
The Forum will serve as an interactive platform for startup founders, innovators, ecosystem enablers, and intermediaries to actively shape national policies that foster growth, attract investment, and drive digital innovation.
Convened under the framework of the Nigeria Startup Act (NSA), this initiative reflects the government’s commitment to making startups not just stakeholders but key contributors in building an enabling environment for innovation.
The meeting will emphasize collaborative dialogue, with a primary focus on nominating and selecting representatives for the National Council for Digital Innovation and Entrepreneurship (Startup Council)—Nigeria’s highest advisory body for the startup ecosystem. Decisions from this Forum will lay the foundation for inclusive policy development, amplifying the voices of Nigeria’s tech and innovation community.
NITDA invites all Labelled Startups, Verified Entrepreneurial and Innovation Support Organisations, Angel Investors, Venture Capitalists, and other relevant stakeholders to join the Forum and actively participate in the nomination and voting process.
Join us in shaping the future of digital innovation in Nigeria. Together, we can build a thriving ecosystem that supports and celebrates the pioneering spirit of Nigerian startups.
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