Dangote Cement plc on Monday hailed the move by the Standards Organisation of Nigeria (SON) to review standardization of cement in the country towards attaining the highest level of safety in building and construction. The cement company at a forum in Lagos also urged SON to immediately begin the enforcement of the new cement classification […]
Kayode Adelowokan In a bid to bring sanity to the Nigerian Aviation sector, the Senate committee on Aviation today assured that work would soon resumed at all the 22 airports across the country. This is according to the Chairman, Senate Committee on Aviation, Senator Hope Uzodima, at the Murtala Muhammed International Airport, Lagos, during a […]
The Federal Government Securities have continued to enjoy investments from the pension sector as about N2.64 trillion which is 63 per cent of N4.13 trillion contributors’ funds, have been injected into them as at the end of March this year. The pension assets have jumped to N4.3 trillion by the end of April. The Acting […]
…Premium on Compulsory Insurance Hits N28.68b in three years Kayode Adelowokan “The recent rebased GDP of Nigeria’s economy which placed the country first in Africa, 26th largest economy in the world has placed enormous responsibility on the insurance industry, the sector barely contributed 0.7 per cent, this therefore calls for more dynamic strategies to enable […]
Jacob Oyewale, Abuja Nigerian Minister of Trade and Investment, Dr. Olusegun Aganga has disclosed that more United States companies will invest in Nigeria due to huge economic potentials of the country. Dr. Olusegun Aganga stated this in Abuja while receiving US delegation led by US Secretary of Commerce, Penny Pritzker on Friday. Aganga said, “Nigeria […]
Kayode Adelowokan The foremost African financial institution; Guaranty Trust Bank plc has been adjudged the ‘2014 African Bank of the Year’ for the 2nd consecutive time by African Banker Magazine in an announcement made on Wednesday, 21st May, 2014 at the awards ceremony that held at Kigali Serena Hotel, Rwanda. The African Banker Awards is […]
…Spends Over N100m On Infrastructure Kayode Adelowokan, Lagos Manager of the new domestic terminal two of the Murtala Muhammed Airport (MMA2), Lagos has said that it will invest over N500 million on the upgrade of operational equipment in 2014. The Chief Executive Officer, Bi- Courtney Aviation Services Limited, Christophe Pennick, said the five hundred million […]
Kayode Adelowokan Arik Air, West and Central Africa’s largest airline, has responded to passenger demand by increasing the frequency of its Lagos-Monrovia (Liberia) and Lagos-Luanda (Angola) routes. The Lagos-Monrovia service has been increased from three to four weekly flights using a Boeing 737-700 aircraft. The new flight will operate on Saturday, adding to the existing […]
Kayode Adelowokan First Bank of Nigeria Ltd, Nigeria’s largest financial Institution has been designated as sales points for the e-registration forms of candidates for the November/December 2014 West African Senior School Certificate Examination (WASSCE). With it over 750 branches across the federation and 120 years of business operation, FirstBank has been a consistent partner for […]
…Commission Warns Domestic Operators Over Flights Cancellations, Delays Kayode Adelowokan The Nigerian Civil Aviation Authority (NCAA) has issued license of the Air Operators’ Certificate (AOC) to AZMAN Air Services, the latest entrant in the domestic air transport industry. The Aviation authority warned domestic airline operators to avoid cancellation of flights, delayed and deferred maintenance of […]
Against the background of the skyrocketing price of cement in the market, leading cement manufacturer, Dangote Cement Plc has released into the market, a supply of 9 million tons of the commodity, to stem the price hike. President of Dangote Group, Aliko Dangote made this disclosure when the President of Tanzania, Dr Jakaya Kikwete paid […]
Oyewale Oyelola Effective taxation and prompt payment of tax have been described as backbone of emerging economy like Nigeria. The Head of Tax, Deloitte leading international Audit and consulting firm, Fatai Folarin said this in Media Interview aired on Channels Television monitored by our correspondent in Lagos. According to him, “Nigerians must develop tax paying […]
Kayode Adelowokan The Emirates Group on Thursday announced its 26th consecutive year of profit and company-wide growth, ending the year in a strong position despite competitive pressure and a global economic environment that is only slowly recovering. The financial year ending 31 March 2014 also marked an unprecedented level of investment across the Group, continued […]
Kayode Adelowokan In a bid to further improve the all-round passenger travel experience, Dana Air has launched its mobile and social media sales and distribution solution called “FlyDana Mobile”, which will in areas relating to searching and booking flights as well as checking-in. The FlyDana App is an enhanced and innovative distribution channel that will […]
Promises Strict Penalties For Operators Who Fail To Settle Claims Kayode Adelowokan National Insurance Commission (NAICOM) has refuted claims by the Nigerian Council of Registered Insurance Brokers (NCRIB) that the regulators had waived the submission of 2013 account for council members in order to be trained on the Financial Reporting Council (FRC) requirement, International […]
Kayode Adelowokan The National Union of Air Transport Employees (NUATE) has dissociated itself from the proposed two days warning strike as alleged by the three aviation unions over the recent merger plan of some agencies in the ministry by the government. The Deputy General Secretary of NUATE, Comrade Abioye Olayinka, disclosed during an interview with […]
Kayode Adelowokan, Lagos Owing to the growing flight delays and cancellations without any compensation by the management of Arik Air, the Nigerian Civil Aviation Authority, (NCAA) has summoned the management of the airline to an emergency meeting. One of the latest disappointments was the more than 14 hours delay of Flight W3 077 (FNA/BJL) Freetown […]
Kayode Adelowokan The Nigerian Civil Aviation Authority, (NCAA), has approved Security Programs for 22 Airports in the country in line with Nigerian Civil Aviation Regulation Part 17 requirements and the National Civil Aviation Security Programme (NCASP). According to the General Manager, Public Affairs NCAA Mr. Fan Ndubuoke, the Airport Security Programme (ASP) was reviewed intermittently […]
The Pan African conglomerate-Dangote Group-has donated 12-trailer load of relief material worth N40 million to the Benue State Government. The relief material, according to the Group, is meant to support the ongoing effort of the state government to bring succor to the victims of the recent crisis that affected some parts of the state. Speaking […]
…Trains Building Materials Dealers In Benin The nation’s foremost cement manufacturer, Dangote Cement last week expressed its willingness to partner members of Lagos State Bricklayers Association(LSBA) towards eliminating the spate of collapse building in Lagos even as the cement company collaborated with Standard Organisation of Nigeria(SON) to train building materials dealers in Benin, Edo State […]
