Some pilots don’t understand air traffic messages — Winkler
Director of Flight Operations, Jetallance, Captain Norbert Winkler, speaks on communication problems between some local air traffic controllers and pilots, in this interview with OYETUNJI ABIOYE What...
View ArticleTCN: FG may lose N3.69bn to Manitoba
There are indications that the Federal Government may lose $23.72m (about N3.69bn) to Manitoba Hydro for failing to allow the Canadian firm manage the Transmission Company of Nigeria, which it had been...
View ArticleIntel trains corps members in technology, entrepreneurship
Global technology company, Intel, has taken a value-adding initiative to train members of the Nigerian Youth Service Corp in technology and entrepreneurship. The one-week free training is the first of...
View ArticleSimon Property’s results beat Wall Street views again
Simon Property Group Incorporated reported a 21.9 per cent increase in a key earnings measure for the fourth quarter, easily beating analysts’ estimates, as rents and sales rose at its malls and outlet...
View ArticleNCS boosts women development in IT with NIWIIT
The Nigeria Computer Society has set up an interest group, Nigeria Women in Information Technology, to boost the development of women in the sector. The Chairman, Publicity, Events and Trade Services,...
View ArticleDangote’s Gboko cement plant reopens
The management of Dangote Cement Plc has announced the reopening of its Gboko Cement Plant in Benue State, which was closed down as a result of the glut in the domestic cement market. The decision to...
View ArticleKate Henshaw becomes Samsung ambassador
Samsung Electronics West Africa has unveiled its 2013 brand ambassadors for its mobile division. Star actress, Kate Henshaw, has joined music star, Banky W, as Samsung’s brand ambassadors for the year....
View ArticleChinese refiner set to raise $3.1tn
China Petroleum & Chemical Corporation, Asia’s biggest refiner, said it plans to raise HK$24bn $3.1bn in a placement of HK2.85bn Hong Kong-listed shares at HK$8.45 each. The company plans to use...
View ArticleForte Oil boosts business with Google Maps
Forte Oil Plc (formerly African Petroleum) has been listed on Google Maps with the aim of boosting customers’ access to its filling stations nationwide. The Group Chief Executive Officer of the...
View ArticleNational carrier: FG plans bailout for indigenous shippers
The Federal Government is set to empower indigenous ship owners through a bailout package to enable them to undertake international operations. The Senior Special Assistant to the President on Maritime...
View ArticleBudgets’ll be tailored to encourage manufacturing – Jonathan
President Goodluck Jonathan on Monday said the country’s budget for the next two years and probably beyond 2015 would be tailored in a way to encourage the manufacturing sector. He said the decision...
View ArticleJAL to discuss compensation with Boeing
Japan Airlines Company Limited said it would talk to Boeing Company about compensation for the grounding of the 787 Dreamliner, adding that the idling of its jets would cost it nearly $8m from its...
View ArticleUK prepares law to break up errant banks
British banks that fail to shield their day-to-day banking from risky investment activities could be broken up, Finance Minister George Osborne said on Monday, bowing to political pressure to come down...
View ArticleGlobal shares fall over uncertainty
Major stock markets fell on Monday as political uncertainty in Spain and Italy revived worries that the steps taken to rein in the euro zone debt crisis could unravel. The MSCI’s world equity index...
View ArticleMobile money providers to undergo subscribers’ test
Mobile money service providers will undergo subscribers’ test at the 3rd Mobile Money Expo happening in Lagos this week. Organisers of the event said on Monday that the expo would enable subscribers...
View ArticleNEITI report: NNPC denies owing govt
The Nigerian National Petroleum Corporation on Monday rejected an audit report by the Nigerian Extractive Industries Transparency Initiative, in which it was accused of owing the government $8.27bn...
View ArticleMarket capitalisation rises by N87bn
Trading activities on the Nigerian Stock Exchange continued on an upward trend on Monday as major indicator recorded significant appreciation. The market capitalisation of the listed equities rose by...
View ArticleBank rally may lead Belgium out of BNP
A market rally has raised expectations that Belgium will sell its six billion-euro ($8.2bn) stake in French bank BNP Paribas, leading the way for other indebted governments to recoup bank bailout funds...
View ArticleBroadband access profitable to business, governance – Omo-Ettu
A telecommunications engineer, Mr. Titi Omo-Ettu, has said that access to broadband by everybody is profitable to industry and governance. Omo-Ettu, who is the former President, Association of...
View ArticleOperators predict stronger fixed income market
Market operators have predicted that the fixed income securities section of the Nigerian Stock Exchange will record higher activities this year. Analysts, who gave the view, based this on the attention...
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