Boeing Plane Crashes: CEO admits company installed faulty cockpit/newsheadline247
AGENCY REPORT Aviation Business

Boeing Plane Crashes: CEO admits company installed faulty cockpit

The chief executive officer of Boeing said the United States-based aircraft maker had made a mistake in installing a faulty cockpit warning system on its 737 MAX planes, Reuters reported. Dennis Muilenburg’s admission came after two fatal crashes over the last year. In March, 157 people died when Ethiopian Airlines flight JT610 crashed minutes after takeoff. In October last Read more


Nigeria’s democracy: Jega calls for review of extant laws

A former Chairman of the Independent National Electoral Commission (INEC, Prof. Attahiru Jega has called for a review of extant laws to strengthen the nation’s democracy. Jega made the call on Tuesday in a paper he presented at a one-day National Democracy Day Anti-Corruption Summit held in Abuja. The paper entitled: “Curbing Electoral Spending And Read more

Hong Kong leader refuses to scrap extradition bill despite rally/newsheadline247

Hong Kong leader refuses to scrap extradition bill despite rally

Hong Kong’s pro-Beijing leader on Monday refused to scrap a controversial plan to allow extraditions to the Chinese mainland, a day after record crowds came out to oppose the proposal. Striking a defiant tone after the city’s largest protest since the 1997 handover, chief executive Carrie Lam said the legislature would debate the bill on Read more


Action against Oando aimed at protecting investors, says SEC

The Securities and Exchange Commission (SEC) on Sunday said that Oando Plc was given sufficient opportunity of being heard before they were penalized, NAN reports. The commission in a statement sign by its spokesperson Mrs Efe Ebelo in Lagos said that there were various opportunities by the company to defend themselves during the investigation by SEC and Read more


8th Senate adjourns indefinitely as Saraki bows out – Report

The 8th Senate, which was inaugurated on June 9, 2015, adjourned its legislative activities indefinitely after four years on Thursday, News Agency of Nigeria reports. The Senate adjourned indefinitely after the question was put by the President of the Senate, Dr Bukola Saraki and unanimously adopted by the lawmakers. News Agency of Nigeria (NAN) reports Read more


UPDATE: Gianni Infantino re-elected for second term as FIFA president

Gianni Infantino was re-elected Wednesday by acclamation for a second term as FIFA president at the Congress of world football’s governing body in Paris. The 49-year-old, who took charge of FIFA in February 2016 after the departure of the disgraced Sepp Blatter, stood unopposed for a new four-year term which will run until 2023. Earlier, Read more


Anti-corruption Commission accuses Sanusi of misusing N3.4bn as Kano’s Emir

The Kano State Public Complaints and Anti-corruption Commission declared it has uncovered over N3.4 billion allegedly misappropriated by the Emir of Kano, Alhaji Muhammadu Sanusi II. The alleged amount was said to have been misappropriated between 2014 and 2017. This is contained in a preliminary report of an investigation conducted by the commission and signed Read more

AGENCY REPORT Business National

CBN Governor Emefiele begins second term

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Monday began his second tenure, following the confirmation of his re-appointment by the Senate on May 16. According to a statement by the Director Corporate Communications, Mr Isaac Okoroafor,  Emefiele was sworn in by the Bank’s Secretary and Director, Corporate Secretariat Department, Mrs Read more