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  • AMCON has fulfilled its mandate – Chike-Obi

    Managing Director, Asset Management Corporation of Nigeria, Mr. Mustafa Chike-Obi, in this interview with Festus Akanbi, lists the clean bill of health given to the Nigerian banking industry following the cleaning of all the toxic assets and...

    • Posted June 9, 2014
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  • Kenya Airways commences direct flight services to Abuja

    At exactly 12.45 pm, Friday,c , the national carrier of the Kenya government, touched down in Abuja from Nairobi, thus opening a new chapter in direct passenger flight services from Nairobi to Abuja. This is besides its...

    • Posted June 8, 2014
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  • Agriculture lending in Nigeria is growing — Adesina

    The successes recorded in the agricultural sector under the Agriculture Transformation Agenda (ATA) have led to increased lending to the sector by banks within and outside the country. The Minister of Agriculture, Dr. Akinwumi Adesina, disclosed that...

    • Posted June 8, 2014
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  • UNIDO, German firms partner to reduce food losses in Nigeria

    The United Nations Industrial Development Organisation, UNIDO, is collaborating with Food Processing and Packaging Machinery of the German Engineering Federation (VDMA) to reduce the level of post harvest food losses in Nigeria. Managing Director, Food  Processing and...

    • Posted June 8, 2014
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  • Automotive policy: Association decries high tariff

    The Association of Trucks and Allied Motor Dealers of Nigeria (ATAMD) has decried the high tariff since the automotive policy was introduced. The association which stated this during a press conference argued that the high tariff will...

    • Posted June 8, 2014
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  • Remodelling projects: Aviation workers urge Senate to review N174bn debt

    Workers in the aviation industry have called on the Senate Committee on Aviation to review the N174 billion debts owed contractors handling the airport remodeling projects in order to understand how the debts were incurred. The Coordinator...

    • Posted June 8, 2014
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  • Africa urged to link air, land and water transport

    To enhance socio-economic development, the first International Road Federation (IRF) Africa Congress has urged African leaders to endeavour to connect the continent with air, land and maritime transport. It also decried African governments for not using indigenous...

    • Posted June 8, 2014
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  • Nigeria needs more functional ports – Stakeholders

    For the Federal Government to have increased revenue from international trade, it may need to explore alternatives to the ports in Lagos State, stakeholders have said. At a national dialogue session organised by the Nigerian Association of...

    • Posted June 8, 2014
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  • DiscoveryAir to crash domestic airfares

    The latest entrant into the airline sector, DiscoveryAir Limited, says it plans to improve passengers’ travel experience without compromising safety as it commences flight operations next Monday. The carrier also said it would slash airfares to attract...

    • Posted June 8, 2014
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  • Nigeria’s economy holds enormous potential for middle class – Patti

    The Chief Executive Officer of Cartier Africa, Mr. Alessandro Patti, says Nigeria’s middle class will boost the economy in the future. He also believes the country is passing through some tests to become stronger, in this interview...

    • Posted June 8, 2014
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  • NIMASA begins training of Maritime labour inspectors

    The Nigerian Maritime Administration and Safety Agency (NIMASA) has begun a week-long training of inspectors. The training is in line with the provisions of the International Labour Organisation (ILO)’s Maritime Labour Convention (MLC 2006). The Maritime Labour...

    • Posted June 8, 2014
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  • NNPC expands crude lifting contracts list

    The Nigerian National Petroleum Corporation (NNPC) has added Chinese and Indian oil companies to an expanded list of companies awarded yearly crude oil term lifting contracts for 2014 and 2015. By this development, a total of 43...

    • Posted June 7, 2014
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  • Airlines to airlift 6billion passengers by 2030

    Airlines worldwide are aiming to move about six billion passengers annually by 2030, which will represent almost a double growth from the present 3.3 billion passengers. Council President of the International Civil Aviation Organisation (ICAO), Dr. Bernard...

    • Posted June 7, 2014
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  • CBN disburses N233bn to power, airline companies

    The Central Bank of Nigeria has disbursed N233.16bn out of the N300bn Power and Airline Intervention Fund to 34 power and airline companies as of May, 2014. According to a new report by the Development Finance Department...

    • Posted June 7, 2014
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