UPDATE: NSIB CONFIRMS CESSNA 172 ACCIDENT AT SAM MBAKWE INTERNATIONAL CARGO AIRPORT, OWERRI SAYS INVESTIGATION ONGOING. (PHOTO).

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 NSIB CONFIRMS CESSNA 172 ACCIDENT AT SAM  MBAKWE INTERNATIONAL CARGO AIRPORT, OWERRI SAYS INVESTIGATION ONGOING The Nigerian safety investigation bureau (NSIB) has launched a full investigation into an accident involving a cessna 172 belonging to skypower express which occurred at approximately 20:00 local time on Monday 16 december 2025, at Sam Mbakwe international cargo airport, Owerri, Imo state.  The aircraft was en‑route from Kaduna international airport to Port harcort when the crew declared an emergency and diverted to Owerri.  During the approach to runway 17, the aircraft crashed in the approach area.  Four occupants were on board. Fortunately, no fatalities have been reported.  Airport emergency services were promptly activated, arrived on scene, and secured the area.  There was no post‑crash fire and the runway remained operational, allowing other flights to continue safely.  NSIB assured to keep the public informed as new information ...

CENTRAL BANK OF NIGERIA FINALLY SIGNED THE CURRENCY SWAP DEAL WITH CHINA.{PHOTO}.#PRESS RELEASE.

 

The Central Bank of Nigeria have finally signed the currency swap deal we have been expecting for the past 2 years into existence with the Chinese government.


The importance of this is that since almost 70% of the goods we import come from China and Asia and 12% America why must we use Dollars to transact with China? from now instead of using dollars at N500 to 1dollar to import those goods, we can now buy Yuan at 47 naira to 1 Yuan and import those stuffs directly.


Instead of buying these goods in dollars in China, we will now buy them in Yuan which is 5times cheaper than dollars.



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