‎‎NAF RECEIVES FIVE NEW HELICOPTERS AS FG ACCELERATES AIRPOWER MODERNISATION. (PHOTO).

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 ‎‎NAF RECEIVES FIVE NEW HELICOPTERS AS FG ACCELERATES AIRPOWER MODERNISATION ‎ The Nigerian Air Force (NAF) has taken delivery of five new helicopters as the Federal Government accelerates efforts to modernize Nigeria’s airpower capabilities and strengthen the Armed Forces’ capacity to respond effectively to contemporary security challenges.  ‎ ‎A statement by the Director of Public Relations and Information Air Commodore Ehimen Ejodame indicates that the platforms comprise three AW-109 Trekker B helicopters  and two H-125 helicopters. ‎ The three AW-109s, which form part of 10 recently acquired by the Federal Government, were received in Lagos on 15 September 2026, with the remaining seven expected to be delivered before the end of 2026. ‎ ‎The Chief of the Air Staff, Air Marshal Sunday Aneke, described the acquisition as another significant milestone in the Federal Government’s sustained investment in the modernization and re-equipment of the NAF noting that the new pl...
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BINANCE SEEKS OUT-OF-COURT SETTLEMENT WITH FG IN TAX EVASION CASE. (PHOTO)

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Binance Seeks Out-Of-Court Settlement With Fg In Tax Evasion Case

A Global Cryptocurrency Giant, Binance Holdings Limited Has Opened Talks With The Federal Government To Resolve The Tax Evasion Charge Filed Against It, A Move That Has Effectively Stalled Ongoing Trial Proceedings At The Federal High Court In Abuja.

Both The Defence And Prosecution Confirmed Before The Federal High Court Sitting In Abuja Presided Over By Justice Emeka Nwite That Negotiations Aimed At An Out-Of-Court Settlement Were Underway.
Counsel To Binance, Sunday Agaji, Informed The Court That The Company Had Initiated Discussions With The Tax Authorities In A Bid To Resolve The Matter Amicably.
The Position Was Corroborated By Government Counsel, Moses Idehowho Confirmed That The Defence Had Earlier Approached The Agency Regarding A Possible Resolution.
Although The Matter Had Been Scheduled For Continuation Of Trial, The Court Opted To Adjourn Proceedings To Allow Both Parties Time To Pursue Settlement Discussions.
Justice Nwite Subsequently Fixed May 12 For A Report On The Progress Of The Negotiations, Effectively Pausing The Trial.
The Case Had Reached An Advanced Stage, With The Fourth Prosecution Witness Already Testifying At The Previous Hearing.
The Charges Against Binance Stem From A Four-Count Suit Bordering On Alleged Tax Evasion Linked To Its Operations In Nigeria.

The Company Was Re-Arraigned On July 12, 2024, With Its Nigerian Representative, Ayodele Omotilewa, Entering A Not Guilty Plea On Its Behalf.

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