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Daily Archives: May 18, 2020

Aviation Minister To Decide On Ground Handling Charges For Lockdown

Don’t allow aviation to fail, IATA charges Nigeria

CRFFN calls for patience, APFFLON anticipates more controversy By Kenneth Jukpor Freight forwarders operating in the aviation sector and ground handling companies await the Minister of Aviation, Senator Hadi Sirika’s decision on demurrage charges for the lockdown period, this week. ...

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FG refineries suffer N19bn loss in two months

FG refineries suffer N19bn loss in two months

The refineries owned by the Federal Government recorded a total loss of N18.96bn in the first two months of this year, the Nigerian National Petroleum Corporation has said. Latest data from the NNPC showed that the refineries, which are managed ...

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Banks adjust operations as lockdown eases

Banks adjust operations as lockdown eases

Deposit Money Banks are adjusting their operations and introducing measures for customers to access the banking halls as the lockdown directives ease. While some have been sending lists of branches that will open during the week, other banks say use ...

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LCCI demands one-year tax holiday for manufacturers, healthcare firms

LCCI demands one-year tax holiday for manufacturers, healthcare firms

Given the devastating blow coronavirus has dealt businesses in the past five weeks, business owners in the country have demanded one-year tax break among others from the government to enable them to recover. This was contained in the Lagos Chamber ...

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FG impounds British aircraft in Lagos, begins investigation

FG impounds British aircraft in Lagos, begins investigation

The Federal Government on Sunday impounded an aircraft belonging to a British company, FlairJet  for operating commercial flights into the Murtala Muhammed International Airport, Lagos despite the ban on such flight operations in Nigerian airports. It was gathered that FlairJet  ...

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We have paid FG $13bn for gas purchase – NLNG

We have paid FG $13bn for gas purchase – NLNG

The Nigeria LNG Limited says it has paid over $13bn to the Federal Government for feed-gas purchase since the inception of its operations. The NLNG disclosed this on Twitter on Sunday while marking the 31st anniversary of its establishment. It ...

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