All posts tagged "headline"

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  NAHCO handled 20 million passengers last year – Chairman

  The Nigerian Aviation Handling Company Plc handled over 20 million passengers moving in and out of Nigeria last year, the Chairman, Board of Trustees of the company, Alhaji Suleiman Yahyah, has stated. He also said the company...

  • Posted December 27, 2013
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  No premium no cover may reduce profitability next year – NIA

  The Nigerian Insurers Association, NIA, said that the insurance sector may witness reduced profitability in the next financial year due to the implementation of the ‘no premium, no cover’ policy of the National Insurance Commission, NAICOM. Director...

  • Posted December 26, 2013
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  Shareholders approve N40bn rights offer for Unity Bank

  Shareholders of Unity Bank have authorized directors of the bank to raise additional capital of N40 billion through Rights issue and Special/Private placement of its shares. The capital raising exercise is part of the bank’s business expansion...

  • Posted December 26, 2013
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  NCC addresses portability failure

  The Nigerian Communications Commission has given reasons why only about 50,000 subscribers out of 10 million have been able to successfully change from one network to the other after the introduction of the Mobile Number Portability. During...

  • Posted December 26, 2013
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  Yuletide: Airfares on domestic routes rise by 30%

  The limited number of domestic carriers operating in the country and the rush for air tickets this Yuletide have led to a rise in airfares on major routes by about 30 per cent. While hundreds of passengers...

  • Posted December 26, 2013
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  NCC assesses mobile operators on service quality

  The performance of mobile operators in meeting the Key Performance Indicators set by the Nigerian Communications Commission will determine their fate, the regulatory agency has said. The Head, Media and Public Relations, NCC, Mr. Reuben Muoka, said...

  • Posted December 26, 2013
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  FG allocates N20bn to East-West Road in 2014

  There is a strong likelihood that the Federal Government may not be able to complete the critical East-West Road by December 2014. A perusal of the budgetary proposal for the Ministry of Nigeria Delta entrusted with the...

  • Posted December 26, 2013
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  Oil revenue: PIB will enhance accounting methods

  A quick passage of the Petroleum Industry Bill, PIB, has been identified as a major tool in reversing the skewed accounting methods leading to observed discrepancies currently pervading Nigeria’s petroleum industry. This is one of the consensuses...

  • Posted December 25, 2013
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  FG set to commission Durumi solar power

  The Federal Government has completed arrangements to commission the solar-powered electrification project in Durumi, a surburb of Mpape in Bwari Area Council. The project, which is under the auspices of “Light Up Nigeria initiative mid-wived by the...

  • Posted December 25, 2013
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  Government revokes 593 mining titles

  The Federal Government has revoked a total of 593 mining titles, the Director-General, Nigerian Mining Cadastre Office, Mr. Mohammed Amate, has said. Amate said this at a media roundtable on the review of the Ministry of Mines...

  • Posted December 25, 2013
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