‘Low confidence, cause of poor domestic airline patronage’
The poor patronage of Nigerian airlines is largely as a result of the low level of confidence in the local airline operators, experts have said. They noted that as a result, the airline operators had...
View ArticleEcobank, African Fund sign SME development agreement
Ecobank Transnational Incorporated and African Guarantee Trust Fund on Tuesday signed a portfolio guarantee agreement to support Small and Medium Scale Enterprises across sub-Saharan Africa. Following...
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IATA seeks emissions deal to avoid trade war
Airlines urged the International Civil Aviation Organisation to back a mandatory global framework to curb airline emissions, saying failure to reach a deal would revive threats of a trade war. IATA,...
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Construction work begins on Lagos international airport terminal
Work has commenced on the construction of a new international terminal at the Murtala Muhammed International Airport, Ikeja with the mobilisation of the project contractors, China Civil Engineering...
View ArticleAgagu promoted professionalism –CITN
The Chartered Institute of Taxation of Nigeria has described the late former Governor of Ondo State, Dr. Olusegun Agagu, as both a true politician and a staunch promoter of professionalism. In a...
View ArticleMake CIPM membership standard for HR practice –Famuyibo
The President and Chairman of Council, Chartered Institute of Personnel Management, Mr. Victor Famuyibo, has called on the Federal Government to make membership of the institute and professional...
View ArticleElizade, fleet managers discuss Toyota market expansion
As competition in the Nigerian automobile industry gets tougher, Elizade Nigeria Limited is exploring different options to stay atop the sales table in all segments of the market. It recently called...
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CBN’ll defend naira with reserves –Sanusi
The Central Bank of Nigeria on Tuesday said it would do everything possible to defend the naira and ensure its stability, including using the nation’s foreign reserves to achieve the purpose. The...
View ArticleManufacturers fuel generators with N42bn in 20 months
Industrialists, under the aegis of the Manufacturers Association of Nigeria, spent over N42bn to fuel about 5,480 units of diesel/gas-powered generators in the last 20 months. The President, MAN, Chief...
View ArticleBPE to initiate social media regulatory framework
This may not be a piece of good news for avid users of Internet-based social networking sites in the country as the Bureau of Public Enterprises has said it is planning to roll out policies and the...
View ArticleFG saves N530bn from contracts – BPP boss
The Federal Government has saved a total of N530bn from contracts as a result of its insistence on due process, the Director-General, Bureau for Public Procurement, Mr. Emeka Eze, has said. Speaking to...
View ArticleSweden sells remaining stake in Nordea for $3.4bn
STOCKHOLM: The Swedish state has sold its remaining seven per cent stake in Nordea, the region’s biggest bank, giving the center-right coalition government another 21.6 billion crowns ($3.4bn) to...
View ArticleNARTO gives PEF ultimatum to review Project Aquila
The National Executive Council of the Nigerian Association of Road Transport Owners has given the Petroleum Equalisation Fund a two week ultimatum to correct all the anomalies associated with the...
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IPP will improve power supply in Kwara – Ahmed
The Kwara State Governor, Alhaji Abdulfatah Ahmed, has said that the Independent Power Project embarked upon by the state government would greatly improve power supply in the state, especially in...
View ArticleDon’t operate without licences, DPR warns marketers
The Department of Petroleum Resources has warned marketers in the downstream oil sector against operating without the requisite licences. The Operations Controller, DPR, Lagos Zone, Mr. Olugbenga Kuku,...
View ArticlePower disruption caused by technical challenge – Jebba PHCN
The Power Holding Company of Nigeria, Jebba Area, has attributed the recent disruption of power supply in some parts of the area to a technical challenge. In a statement on Wednesday, the Public...
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Risk management in banks at rudimentary stage — CBN
The Central Bank of Nigeria on Wednesday said risk management practices among financial institutions in the country was still at a ‘rudimentary stage.’ The Deputy Governor, Financial System Stability,...
View ArticleToptech eyes power generation, distribution opportunities
Toptech Engineering Limited, an indigenous power and data centre company, has said it will explore opportunities in power generation and distribution in the country. This, according to the company’s...
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Strauss-Kahn takes job as bank boss
A former IMF Chief, Dominique Strauss-Kahn, has been named head of an investment firm, marking another step in the business comeback of a man whose career and French Presidential hopes were ruined by a...
View ArticleOando plans 50 mega stations nationwide
Oando Marketing, a subsidiary of Oando Plc, has said it will open 50 mega stations in Lagos and other parts of the country in the next five years. The Chief Operating Officer of the company, Mrs....
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