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How To Choose The Aircraft To Suits The Environment

How To Choose The Aircraft To Suits The Environment

Owning an aircraft is an exciting, liberating and joyful experience. It takes the stress out of travel and can be a valuable business tool giving you the flexibility and reaction time to compete in today’s fast paced business environment. The ...

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State Govts’-Owned Airlines Are Wastages Of Our Commonwealth- Porbeni

State Govts’-Owned Airlines Are Wastages Of Our Commonwealth- Porbeni

By Okuneye Moyosola Captain Prekeme Ogbobou Porbeni is a former Director of Operations (Ground), and former Director of Marketing, Nigeria Airways.  He is currently a civil aviation consultant and Principal Manager, Aviation, Presidential Amnesty Programme for the Niger Delta. In ...

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BEARS: War Against Waste

BEARS: War Against Waste

Indonesia has sent hundreds of garbage-filled shipping containers back to their countries of origin, according to the customs agency, as the Southeast Asian nation pushes back against becoming a dumping ground for foreign trash. About 250 containers seized across the ...

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Unemployment: Nigeria Should Prioritize Labour Intensive Manufacturing – Afreximbank

Unemployment: Nigeria Should Prioritize Labour Intensive Manufacturing - Afreximbank

By Kenneth Jukpor As part of efforts to curb the high rate of unemployment in Nigeria and boost the nation’s economy, African Export and Import Bank (Afreximbank) has admonished the government to prioritize labour intensive manufacturing. The President of Afreximbank, ...

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Capital importation drops by -31.41% in Q2, 2019 – NBS

Nigerian Banks’ Loans To Oil & Gas, Power, Other Sectors Drop By N411.8bn

The National Bureau of Statistics (NBS), says the total value of capital importation into Nigeria in the second quarter of 2019 is 5.820 billion dollars, representing a decrease of -31.41 per cent compared to the first quarter. The NBS said ...

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CBN charges ABCON on effective self-regulation, market intelligence

CBN charges ABCON on effective self-regulation, market intelligence

The Central Bank of Nigeria (CBN) has challenged the Association of Bureaux De Change Operators of Nigeria (ABCON) to evolve an effective self-regulation that would ensure full compliance of the operators. ABCON, the umbrella body of the nation’s over 4,500 ...

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‘Social investment key to sustainable oil exploration in Niger Delta’

‘Social investment key to sustainable oil exploration in Niger Delta’

…Over $90m spent to maintain peace, devt in region To avoid disruptions to oil production and exploration in the country, stakeholders have advocated increased stake in strategic social investment schemes in host communities where commodities were being exploited. Although some ...

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Shake-up in Emirates as profits plunge by 69 per cent

Shake-up in Emirates as profits plunge by 69 per cent

The recent 69 per cent plunge in the profit of Emirates airline has further taken its toll, with the carrier announcing a shake-up in its management structure. The adjustment saw more professionals taking up new roles at the helm of ...

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Marketers deny scarcity of aviation fuel amid rising demand, prices

Marketers deny scarcity of aviation fuel amid rising demand, prices

•NNPC, MOMAN, DAPMAN insist nation has over 80million litres in stock Though there are indications that the demand for aviation fuel has risen by about 50 per cent in recent days as against supply, the Nigerian National Petroleum Corporation (NNPC), ...

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Lagos Complex tasks terminal operators on efficiency, compliant

Lagos Complex tasks terminal operators on efficiency, compliant

The Lagos Ports Complex (LPC) has called on all terminal operators within the complex to ensure efficient operations at the hub.  The Ports Manager, LPC, Mrs Olufunmilayo Olotu, who made this call during a courtesy visit to Apapa Bulk Terminals ...

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Nigeria’s crude oil production to witness eight per cent decline

Criticism trails renewal of 42 oil block licences

Nigeria’s crude oil production may witness a steady decline to approximately 7.93 per cent before 2025, a new research, conducted by U.S.-based Orbis Research has said.Being the same year Nigeria has targeted to increase oil reserve to about 40 billion ...

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Warri Port comes alive as NPA generates $45.2 million from troubled facility

Warri Port comes alive as NPA generates $45.2 million from troubled facility

Fresh hope of increased activities has risen for the troubled Delta Port situated in Delta State as the Nigerian Ports Authority (NPA) recorded over $45.2 million income from the facility between January and June 2019. The Chairman of NPA board ...

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FG mobilises committee to save local firms over AfCFTA

FG mobilises committee to save local firms over AfCFTA

The Minister of Industry Trade and Investment, Richard Adebayo, has stated that plans are ongoing to set up an action committee to protect local manufacturers. He said the move was imperative to address smuggling post-Africa Continental Free Trade Agreement (AfCFTA) ...

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Economy still in bad shape as GDP growth grinds to 1.94%

Economy still in bad shape as GDP growth grinds to 1.94%

• How to boost performance, by MAN, LCCI, others • Experts caution against subsidy, overdependence on oil The nation’s Gross Domestic Product (GDP) lost steam in the second quarter (Q2) of 2019, against expectations and assurances of improved numbers based ...

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Africa Unites Against Unfair Surcharges, Others (1)

It is a struggle on course like the slave trade and colonialism, that ended in their due time. For the Umpteenth  time, Union of African Shippers’ Council (UASC) and this time, the Global Shippers’ Forum (GSF) organised a summit in ...

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Amaechi’s Songs of Honour (1)

Recently, the transport industry stakeholders and the business community as well as the trending political power brokers in Nigeria’s political space converged in Lagos to honour Rt. Hon. Rotimi Amaechi, shortly before his reappointment as the Minister of Transportation. Oh! ...

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Smugglers conceal foods alongside poisonous substances, customs alleges

Smugglers conceal foods alongside poisonous substances, customs alleges

Sequel to joint action at the nation’s border posts, smugglers have devised another means of concealing contrabands, mostly food items with poisonous substances. Area Controller, Federal Operations Unit, (FOU), Zone A, Ikeja of the Nigeria Customs Service (NCS) Compt. Muhammed ...

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Experts want increased participation in debt capital market

Indices rebound by improved H1 bank earnings, materials sub-sector

With only three per cent adult patronage in the capital market, stakeholders have urged retail investors to patronise the debt capital market that offers guaranteed higher returns and less investment risks. Besides, they stressed the need to ensure that proper ...

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New calibration aircraft to save Nigeria N305 million yearly

New calibration aircraft to save Nigeria N305 million yearly

The newly acquired equipment calibration aircraft has been estimated to save Nigeria at least N305 million yearly. The aircraft, a Beechcraft Super King Air 350 (B350) for the calibration of navigational aids at airports nationwide, ends the era of hiring ...

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200 graduate farmers to share N74.4m in Ogun

200 graduate farmers to share N74.4m in Ogun

About 200 unemployed youths in Ogun State have received N74.4million under the Fadama III agricultural programme of the Federal Government. The State Governor, Prince Dapo Abiodun issued the cheques to the youths trained under the scheme in Abeokuta recently, while ...

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