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.
News
Siemens Says It’s Committed to Driving Sustainable Impact
Siemens Nigeria has reiterated its commitment to remain a strong partner to drive sustainable development in the country.
This, it said, was in support of the Federal Government’s commitment to restore growth, invest in people and build a globally competitive economy.
Onyeche Tifase, chief executive officer, Siemens Nigeria, who disclosed this in statement, said since its entry into the Nigerian market 50 years ago, the company had leveraged its deep heritage and expertise to impact Nigeria.
Tifase said such impact was achieved through various partnerships and initiatives focused on creating societal, economic and environmental contributions in driving economic growth.
Speaking on the company’s commitment to drive real value in Nigeria, Tifase said, “At Siemens, we fundamentally believe that demonstrating commitment to the communities in which we work is core to the success of our business. Throughout our almost 50-year journey in Nigeria, we are proud to be drivers of initiatives that matter to Nigeria by developing local jobs, skills, electrification, oil and gas, industrialisation and education; essentially, the social and economic growth and development of the country.”
“The Siemens Stiftung Experimento programme is one major way we have our footprint in Nigeria by supporting the government’s goal of improving STEM-focused curriculum for primary and secondary school students.”
The CEO noted that the company had trained teachers and educators, through the ‘train the trainer’ programme, while over 600 students from 10 schools in Lagos had benefited from the initiative.
“In addition to this, we have donated digital factory equipment worth about $11,700 to the Electrical Engineering department of the University of Lagos with about 120 students benefitting from the donation. We also have a long-standing commitment to address the need for local technical support in Nigeria’s industries by providing innovative equipment, deploying technology and offering aftermarket service.
“With our in-country service workshop in Port Harcourt, we have contributed greatly to the maintenance of infrastructure in industries by providing quicker and efficient solutions to customers who ordinarily may have looked overseas for solutions.
“In the power sector, we continue to work towards providing an end to end solution to the power challenges in Nigeria through innovative solutions and partnerships with the public and private sector.”
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.
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.
EFCC Secures Arrest Warrant for Six CBEX Promoters
FBI Sends Team to Nigeria to Track Down ‘Sextortion’ Scammers
Report Suspected Illegal Investment Schemes to SEC
Fintechs Add $18m to New Tax Initiative
ALX Nigeria Launches 2025 Ventures Incubator, Premieres Pan-African “Do Hard Things” Finale
Telecom3 days agoNigeria Hits 1 Terabit Internet Traffic Milestone
E-Financial3 days agoFCMB Capital Markets Leads ₦11.85bn GLNG Bond for LNG Plant Expansion
General News3 days agoFG to Introduce New Tax Credit Scheme to Replace Pioneer Status Incentive
Telecom3 days agoMTN Nigeria Faces Class Action Lawsuit over Alleged Data Mismanagement
News3 days agoIMF Downgrades Nigeria’s Economic Growth Forecast Amid Oil Price Decline
E-Financial2 days agoUnion Bank’s Edu360 Initiative Scores Big for Nigerian Football Development
News3 days agoNITDA Fixes Date for Inaugural Meeting of the Startup Consultative Forum
Telecom3 days agoMart Networks Unveils Invinsense 6.0: AI-Powered Cybersecurity Revolution in Africa