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Wednesday, July 8, 2020

Nigeria’s domestic carriers’ staff strength drops by 50%

The staff strength of domestic carriers shrunk from 5,000 to less than 2,500 due to failure of airlines, Daily Trust has gathered. Aero Contractors, the oldest airline in the country, recently sacked 60 per cent of its workforce (about 1,000 workers) thus contributing to the...

Girls Dominate 2019 UBA Foundation National Essay Competition as Jolaosho Oluwatoroti Otokini is declared the winner .

It was an all-female top three affair, as 14 year-old Jolaosho Oluwatoroti Otokini of Louisville Girls High School, Ogun State, emerged the overall winner of the 2019 edition of the UBA Foundation National Essay Competition, winning the grand prize of an educational grant of...

Lagos Disco apologises for prolonged power outage in Lagos

The management of the Eko Electricity Distribution Company (EKEDC) on Sunday apologised to consumers in Ajah, Lagos and environs over the protracted power outage in the communities. Mr Godwin Idemudia, General Manager, Corporate Communications of the company, said in Lagos that the outage being experienced...

AfDB approves $15m equity fund for Anglophone West African SMEs

The Board of Directors of the African Development Bank has approved a $15 million equity investment in Verod Capital Growth Fund III, a private equity fund that will make investments in high growth middle market companies in Anglophone West Africa including Nigeria, Ghana, Liberia,...

Nigeria’s NIPOST adopts 3 word addresses

Nigeria, Africa’s largest economy, adopts 3 word addresses NIPOST will use what3words to increase the number of homes it can deliver to and improve delivery services in preparation for the take-off of Nigerian e-commerce LAGOS, Nigeria, August 2, 2017/ -- Nigeria’s postal service, NIPOST, has just...

Lender bullish on Nigeria’s £4bn gold market

Heritage Bank Plc has disclosed that Nigeria’s gold market is worth £4 billion with high prospects of profitability for all players in the subsector. The MD/CEO, Heritage Bank, Ifie Sekibo, who stated this at the Nigeria-Canada Investment Summit, held in Abuja, at the weekend, also...

NASS ready to pass new Minimum wage bill, after executive order – Saraki

The President of the Senate, Dr Bukola Saraki, said the National Assembly was ready to consider and pass a new Minimum Wage Bill whenever it was presented by the executive. Saraki, who made this known when he featured in News Agency of Nigeria (NAN) Forum...

NSE Sets to “eRace” Cancer at 2019 NSE Corporate Challenge​

Lagos, May 6, 2019. The Nigerian Stock Exchange (The NSE or Exchange) is pleased to announce that the 6th edition of the NSE Corporate Challenge will hold on Saturday, July 6, 2019, at the Muri-Okunola Park, Adeyemo Alakija Street, Victoria Island, Lagos. Instituted in 2014,...

Nigeria air passenger traffic increased by 20 per cent in 2018 – NCAA

No fewer than 14,171,722 air travellers went through Nigeria Airports in 2018, according to figures released on Tuesday in Lagos by the Consumer Protection Directorate of the Nigerian Civil Aviation Authority (NCAA). The News Agency of Nigeria (NAN) reports that the figure represents 20.8 per...

Katrin Kuhlmann joins Portland’s international Advisory Council

London, June 12th, 2017 – Katrin Kuhlmann, a global leader and nonprofit executive in the international economic development and trade policy arena, has joined Portland’s International Advisory Council, announced Tim Allan, Portland founder and Group Managing Director. As a member of the Advisory Council,...
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