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4 Jul 2015
EECON Global Services Limited, a major player in the food and beverage sector in Nigeria, has introduced a wellness product called Top More Ginger Ale drink into the Nigerian market. Top More Ginger Ale is made purely from natural herbal supplements, including ginseng and ginger extract, which act as an anti inflammatory agent needed by…
4 Jul 2015
Allen Onyema is the Chairman of Air Peace, one of the youngest indigenous commercial airliners in Nigeria. In this interview with TEMILOLUWA ADEOYE, he bares his mind on the challenges facing aviation business in Nigeria, advocating policy redirection to encourage the growth of the sector.
4 Jul 2015
The Central Bank of Nigeria (CBN), has defended its decision to stop the use of foreign exchange for the importation of certain goods. This is contained in a statement signed by the CBN Director of Corporate Communications, Ibrahim Mu’azu, in Abuja on Friday. The statement, which was made available to the News Agency of Nigeria…
4 Jul 2015
ONE year and six months into its commercial regulation of Nigerian ports, the Nigerian Shippers’ Council (NSC) has demonstrated that the Federal Government displayed great wisdom when it appointed it into the role, as it has recorded some gains to the delight of industry stakeholders.
3 Jul 2015
Etihad Cargo, the freight business of United Arab Emiratesí flag carrier, Etihad Airways, has increased its freighter services to Africa with the launch of a cargo service from Abu Dhabi (AUH) to Maya Maya Airport, Brazzaville (BZV), in the Republic of Congo.
3 Jul 2015
Despite the protest of the National Union of Air Transport Employees, (NUATE), against the planned outsourcing of the passenger documentation in Air France/KLM, the airline has gone ahead to implement the new policy. The airline in a statement by its Corporate Communications manager, Olufunmilayo Ojesina stated that the airline had decided to outsource its passenger…
Chidoka-Aviation
3 Jul 2015
Nigerian Civil Aviation Authority (NCAA) has approved the recent cargo tariff increase introduced recently by the Nigerian Aviation Handling Company Plc (NAHCO Aviance). NAHCO and clearing agents under the aegis of the Association of Nigeria Licensed Customs Agents (ANLCA) and the National Association of Government Approved Freight Forwarders (NAGAFF) had agreed to a 20 percent…
3 Jul 2015
Caverton Offshore Support Group PLC (COSG), a leading provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria has announced that Shell Petroleum Development Company (SPDC) has exercised contract extension options with its subsidiary, Caverton Helicopters Limited for a two year period.† †Caverton won a five-year contract with…
3 Jul 2015
Nigeria is inching towards becoming a centre for international trade and a major cargo hub in Africa with the warehouse facilities being developed by Skyway Aviation Handling Company Limited (SAHCOL) at the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos. This effort by SAHCOL to be the leading warehousing and ground handling operator in West African…
3 Jul 2015
CHINA'S stock markets plunged in the final hour of trading, as a series of government measures to prop up share prices once again proved to have little enduring effect. The Shanghai and Shenzhen markets had seemed to recover on Tuesday afternoon and Wednesday morning after Chinese government agencies, companies and trade groups issued upbeat statements.…
3 Jul 2015
EUROPEAN shares extended gains after a report that Greece was ready to accept most conditions from its international creditors to clinch a debt deal. The Financial Times, citing a letter Alexis Tsipras sent to the heads of the European Commission, the IMF and the European Central Bank, reported the Greek prime minister will accept all…
3 Jul 2015
NASD OTC PLC has announced that the platform has recorded a transaction volume of N2billion as at December 2014. The volume of transaction, according to the firm is however, higher than N1 billion achieved as at September 2014. The number of participating institutions and authorized trader also rose from 86 to 140. The Chairman of the…
10 hours ago
Telecommunications operators are considering jettisoning uniform tariffs, especially on voice services in the country. The implication of the move, if implemented, is that subscribers would be charged differently for telephony services depending on their locations.
10 hours ago
Aviation stakeholders have called for tough legislation and its enforcement to curb rising cases of unruly passengers in the local air transport sector.
10 hours ago
The Federal Government has set aside a N75 billion intervention fund to support small businesses in response to the country's current economic challenges.
10 hours ago
Google has announced applications for the Hustle Academy Small and Medium-sized Businesses (SMBs) Fund, a ₦75 million equity-free fund dedicated to amplifying the ambitions of Nigerian small businesses.
11 hours ago
Domestic transactions on the Nigerian Exchange Limited (NGX) fell by 45.3 per cent within a 16-year period, from N3.6 trillion in 2007 to N1.9 trillion in 2022, the latest Domestic and Foreign Portfolio Investment (FPI) report has shown.
11 hours ago
The Tertiary Education Trust Fund (TETFund) under Sonny Echono, has been living up to its earlier promise to enhance the standard of Nigerian tertiary education. That was a promise kept. Echono has in the past one year, designed an all-inclusive approach to tackling numerous ....
12 hours ago
Zinox Technologies has partnered the Imo State Government to equip 15,000 youths with digital skills to make them wealth creators in the tech-driven global ecosystem.
12 hours ago
Renowned energy experts have warned Nigeria to stop listening to developed countries in its quest to ensure sustainable energy security. They insisted that unless the country takes an independent position and comes up with home-grown solutions, the prevailing energy crisis could scuttle the economy.
1 day ago
• FG to face another round of subsidy payment crisis The Federal Government will, in the coming weeks, incur more subsidy on premium motor spirit (PMS), otherwise called petrol, as the price of crude oil price, yesterday, jumped to a record high of $97 per barrel. Manufacturers and business owners may also witness an exponential…
1 day ago
Former President of the All Nigerian-American Congress (ANAC), Amina Temitope Ajayi, has through her firm, Silicon Valley Nigerian Economic Development Inc. (SVNED), attracted over $19.4 billion pledged investment to Nigeria on the sideline of the United National General Assembly (UNGA) in New York.