A younger brother of the Deputy Governor of Edo State identified as Frederick Shaibu has been kidnapped by gunmen while taking his kids to school in Irhiri, Benin. As of the time of filing this report, it was gathered that the kidnappers are yet to make contact with the family. A family source told newsmen that the incident happened on Monday. The source said, “They attacked him and took him away. It happened in the Aruogba area, Irhiri around 07 am when he was driving his children to school. The children were left by the gunmen who took their father away. But the incident has been reported to security agencies, they have not made any contact with the family. “It is believed that the kidnappers came through the Ogba River because people who witnessed the incident said they went through the...
Norwegian Air’s cash crisis could force the debt-laden budget airline to halt operations early next year, the company warned as it issued another plea for rescue funding after reporting quarterly results on Tuesday. The rapid expansion of the pioneer in low-fare transatlantic flights has left it with heavy debts and problems that have been compounded by the COVID-19 pandemic. It is now serving domestic routes only, with just six of its 140 aircraft flying. “Norwegian is dependent on additional working capital in order to continue operating through the first quarter of 2021 and beyond,” the carrier said. The company held cash and cash equivalents of 3.4 billion kroner ($380m) at the end of September, down from 4.98 billion kroner ($550m) three months earlier. Its latest plea comes after Nor...