Nigeria Archives — Page 383 of 675

March 30, 2019 No Responses

Med-View Airline Records N10.33b Loss, Laments Multiple Taxation

By citybusinessnews@yahoo.com – For the year ended December, 2018, Med-View Airline recorded loss after tax of N10.33Billion. In a notice to the Nigerian Stock Exchange (NSE) ahead of its 3rd Annual General Meeting (AGM), the company described the year 2018...

March 30, 2019 No Responses

Appeal Court Returns NLNG, NIMASA Case To High Court

The Court of Appeal, Lagos Division has set aside the judgement of the Federal High Court, which had exempted the Nigerian Liquefied Natural Gas Limited (NLNG) from levies payable to the Nigerian Maritime Administration and Safety Agency (NIMASA) under the...

March 29, 2019 No Responses

MPR Reduction: More Experts Laud CBN

The Lagos Chamber of Commerce and Industry (LCCI) has commended the Central Bank of Nigeria (CBN) for reducing the Monetary Policy Rate (MPR) by 50 basis points from 14 per cent to 13.5 per cent. Its Director-General, Mr. Muda Yusuf...

March 29, 2019 No Responses

More Millionaires To Emerge In UBA Wise Savers Promo

As part of UBA’s commitment to support the savings culture in Africa, the bank is rewarding its loyal customers for saving towards their goals. A statement explained that so far, twenty customers have been rewarded with N1.5 million each has...

March 28, 2019 No Responses

Air Peace Strengthens Asaba Operations With B737 Aircraft

Air Peace on Wednesday deployed a Boeing 737 aircraft to service its Asaba operations, saying the development was in response to the yearnings of members of the flying public for a bigger-capacity equipment on the route. The Boeing 737 aircraft...

March 28, 2019 No Responses

Buhari Greets Tinubu At 67

President Muhammadu Buhari sends warm felicitations to the National Leader of All Progressives Congress (APC) Asiwaju Bola Ahmed Tinubu on his 67th birthday, March 29th, 2019, describing him as one of the strong pillars of Nigeria’s democracy. President Buha...

March 27, 2019 No Responses

CBN Pegs Interest Rate At 13.5 Per Cent

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has for the first time in two years adjusted interest rate downwards to 13.5 per cent. Briefing Journalists after the meeting on Tuesday, CBN Governor, Godwin Emefiele said:...

March 27, 2019 No Responses

CFAO Customers Laud Return Of King Long Buses

The relaunch of King Long buses into the Nigerian market by CFAO has been lauded by customers who have been using the buses and dealers who were at the relaunch event in Lagos. A satisfied end user of the King...

March 27, 2019 No Responses

Onyung Succeeds Ogbeifun As President Nigeria’s Ship Owners Association

The Ship Owners Association of Nigeria (SOAN), on Tuesday elected a Medical Doctor, Mkgeorge Onyung as successor to its outgoing President, Engr Greg Utowen Ogbeifun. The election which held at the Avenue Suites in Victoria Island Lagos...

March 26, 2019 No Responses

Air Peace Decorates Two New Captains

Air Peace has elevated two members of its flight crew to the rank of captain, urging them to sustain the high safety standards the carrier is reputed for. Speaking during the decoration of Mr. Oluwasegun Fatonade and Mr. William Devine...

March 26, 2019 No Responses

Buhari Mourns Gabriel Okara

President Muhammadu Buhari has expressed sadness over the passage of the renowned poet, novelist and playwright, Gabriel Okara, aged 97. In a statement by his Special Adviser on Media and Publicity, Mr Femi Adesina, in Abuja on Monday, the president...

March 26, 2019 No Responses

NPA Gets Most Productive Government Agency Award

The Nigerian Ports Authority (NPA) has been adjudged the Most Productive Government Agency of the year by the Global Excellence Communications, Nigeria’s Celebrity Journal in Lagos. The representative of the MD, NPA, the General Manager, Corporat...

March 25, 2019 No Responses

Emefiele And Financial Inclusion In Nigeria

Andrew Idakwo -- In developing countries, there is a consistent challenge of ensuring that more and more persons, especially those in the rural areas and the poor, have access to financial services. Therefore, the term ‘financial inclusion’ is a const...

March 25, 2019 No Responses

NLNG, NCDMB sign Nigerian Content Plan for Train 7

Nigeria LNG Limited (NLNG) and Nigerian Content Development Monitoring Board (NCDMB) on Friday signed off the approved plan for Nigeria Content (NC) for NLNG’s Train 7 project which will ensure the delivery of value and benefits to the Nigerian economy....