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  • NAHCO FTZ to attract $500million investment

    The management of the Nigerian Aviation Handling Company (nacho aviance)Plc has said the establishment of Free Trading Zone at the Murtala Muhammed Airport Lagos would attract about $500 million investment to the nation’s economy within five years....

    • Posted May 31, 2014
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  • Stakeholders decry high prices of services in Nigerian Ports

    Stakeholders in the maritime industry have decried the high pricing of services in the nation’s seaports, saying this is depriving the ports of patronage. According to them,   the development is not only depriving the ports of patronage...

    • Posted May 31, 2014
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  • Lagos trade fair complex to host 120 companies

    The management of the Lagos International Trade Fair Complex has said the complex will host an exhibition in partnership with Ukraine International Exhibition Centre and Heritage International Business Concept, aimed at boosting trade in the country. The...

    • Posted May 31, 2014
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  • Agencies may become self-sustaining by 2015

    Strong indications have emerged that the  aviation agencies, including the Federal Airports Authority of Nigeria (FAAN), the Nigerian Airspace Management Agency (NAMA), the Nigeria Meteorological  Agency (NIMET) and the Nigerian Civil Aviation Authority (NCAA) will have the...

    • Posted May 31, 2014
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  • SAHCOL wins contract to service Azman, Ethiopian Airlines

    The Skyway Aviation Handling Company Limited (SAHCOL) has  signed full handling contracts with Ethiopian Airlines and Azman Air, to offer ground handling services to them. SAHCOL would now perform full handling services (Ramp, Passenger and Cargo/Warehousing) to...

    • Posted May 31, 2014
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  • Domestic investors confidence improving – NSE

    The Nigerian Stock Exchange has said more investors are returning to the capital market, increasing domestic participation. The Executive Director, Business Development, NSE, Mr. Haruna Jalo-Waziri, said this in Lagos at the 2014 ‘Putting Investors First’ Day...

    • Posted May 31, 2014
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  • Airport remodelling didn’t follow due process – Stakeholders

    Stakeholders in the aviation sector have said they are not surprised at the turn of events regarding the airport remodelling project, stating that the review ordered by the Federal Government is expected. The stakeholders, who spoke in...

    • Posted May 31, 2014
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  • Rebased GDP attracting more investors – LCCI

    The Lagos Chamber of Commerce and Industry has said the recent rebasing of the country’s Gross Domestic Product which makes the economy the largest in Africa, has generated increased interest in the Lagos International Trade Fair. The...

    • Posted May 31, 2014
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  • Indigenous firms got N1tn oil contracts in 2013

    Nigerian companies implemented contracts worth over N1.054tn ($6.45bn) in the oil and gas sector in 2013, according to the Ministry of Petroleum Resources. The amount is about 63.37 per cent of the total value of contracts awarded...

    • Posted May 31, 2014
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  • AON condemns plan to ferry aircraft into Nigeria before inspection

    The Executive Chairman of Airline Operators of Nigeria (AON), Captain Nogie Meggison has faulted the proposal being made for the Nigerian Civil Aviation Authority ( NCAA) to carry out inspection of aircraft after it has been ferried...

    • Posted May 31, 2014
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  • Passengers panic as Emirates slashes Dubai-bound flights

    Nigerian passengers heading for Dubai have had to make alternative arrangements to arrive at their destination by making connecting flights through Abu Dhabi and other destinations in the Middle East following a recent announcement that Emirates Airlines...

    • Posted May 30, 2014
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  • Zenith Bank emerges Best Customer-Focused Bank in KPMG survey

    Zenith Bank Plc has emerged the best customer-focused bank in the 2014 Banking Industry Customer Satisfaction Survey (BICSS) conducted by KPMG. The bank recorded the highest scores in retail, small and medium scale (SME) and corporate/commercial  customer...

    • Posted May 30, 2014
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  • Tejuosho Market: Court strikes out contempt charge against FirstBank

    The Federal High Court in Lagos yesterday struck out contempt proceedings initiated by Access Bank Plc against First Bank of Nigeria Limited. Justice Okon Abang held that the Form 48 and Form 49 (notices of disobedience of...

    • Posted May 30, 2014
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  • Money laundering: CBN warns banks against violating directives

    The Central Bank of Nigeria has moved against money laundering and terrorism financing activities believed to be going on at the Deposit Money Banks and discount houses. As such, the central bank in a circular to banks...

    • Posted May 30, 2014
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