All posts tagged "headline"

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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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  FG to dredge channels of five Sea Ports

  Minister of Transport, Senator Idris Umar, has disclosed that President Goodluck Jonathan has approved the dredging of channels of five seaports in the country to enable them accommodate bigger vessels from abroad. Umar disclosed this during the...

  • Posted June 7, 2014
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  High taxes ruin African airlines – IATA

  The International Air Transport Association (IATA) has attributed the failure of airlines in Africa to over taxation by states, which is also compounded by safety challenges. Director-General and Chief Executive Officer of IATA, Tony Tyler, who spoke...

  • Posted June 7, 2014
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  Banks fail to begin biometric registration

  Deposit Money Banks, for the third time, failed to commence the biometric registration of their customers last week. This development is coming up almost four months after the suspended governor of the Central Bank of Nigeria, Mr....

  • Posted June 7, 2014
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  Standard Chartered invests $10.7bn in Africa

  Standard Chartered Bank Plc says it has invested $10 in the sub-Saharan Africa, which is about to 1.2 per cent of region’s Gross Domestic Product. The bank, which stated this in its 2014 African report, also said...

  • Posted June 7, 2014
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  NDIC pays N588m to depositors of closed MFBs

  The Nigeria Deposit Insurance Corporation said on Thursday that it had commenced the verification and payment of insured deposits of 33 out of 83 microfinance banks whose licences were recently revoked by the Central Bank of Nigeria....

  • Posted June 7, 2014
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  80% of Nigerian youths are unemployed – CBN

  The Central Bank of Nigeria has said 80 per cent of Nigerian youths are still unemployed. This is despite the repeated release of figures by the National Bureau of Statistics showing that the Nigerian economy had been...

  • Posted June 7, 2014
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  Finished goods exports grow by 80% in 2013

  The export of finished goods, mainly foodstuffs grew by over 80 percent in 2013, according to a report by Maersk Nigeria Limited (MNL), an indication that local manufacturing is on the increase. Maersk, the core liner shipping...

  • Posted June 7, 2014
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  House of The Week: A fabulous residential property for sale at Banana Island in Lagos

  Our house of the week is unique property consisting 16 units of 4 Bedroom town houses. Each apartment features 4 bedrooms which are all ensuite, 2 sitting rooms, a fitted kitchen, and 1 room guest chalet. Located...

  • Posted June 6, 2014
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