Business

Despite claims by management of Bi-Courtney Aviation Services Limited (BASL), operators of Murtala Muhammed Domestic Terminal Two (MMA2)  that management of Federal Airports Authority (FAAN) was owing it  huge amount of money in relations to the concession agreement entered into on the domestic terminal,  fresh facts have however emerged that it is Bi-Courtney that is actually owing the federal government …

Read More »

The International Monetary Fund on Tuesday bumped up its forecasts for global growth, saying an upswing in the world economy was likely to gather pace into next year. Global economic output should increase by 3.6 percent this year and by 3.7 percent in 2018, up marginally from the forecast published six months ago but well above growth seen in 2016, …

Read More »

UBA Foundation, the corporate social responsibility arm of the United Bank for Africa Plc, is calling on all Senior High School students in Ghana to participate in the 2017 edition of the National Essay Competition (NEC). Launched in 2014 in Ghana, the competition provides a competitive platform to develop the intellectual and writing abilities of Senior High School students in …

Read More »

President Muhammadu Buhari has written to the Senate, seeking approval for $5.5bn external borrowings. The request was contained in a letter to both chambers of the National Assembly, which was read by the Senate President, Bukola Saraki, at the plenary on Tuesday. The letter read in part, “Accordingly, the Senate is requested to kindly approve the following external borrowings: Issuance …

Read More »

The International Association of Athletics Federation (IAAF) Road Race Bronze Label to Access Bank Lagos City Marathon makes the Lagos marathon the first full marathon in West Africa to get an IAAF label. The IAAF accreditation which was announced last week ahead of the 3rd edition of the marathon in February 2018, was the outcome of a successful measurement and …

Read More »

Senator Udoma Udo Udoma Honourable Minister of Budget and National Planning At The 23rd Nigerian Economic Summit I am delighted to welcome you to the 23rd Nigerian Economic Summit, organized by the Nigerian Economic Summit Group (NESG) in collaboration with my Ministry, the Ministry of Budget and National Planning. As you know this is an Administration that is committed to …

Read More »

FBNHoldings Plc has announced the appointment of Oluseye Kosoko as Company Secretary subject to regulatory approval.   In the same vein, Tijjani Borodo, the outgoing Company Secretary will still be around for the next few months to navigate a seamless transition for the substantive Company Secretary.  According to a statement, Tijjani will be retiring after three decades of “combined services …

Read More »

 Skye Bank Plc., is committed to empowering women entrepreneurs across various sectors of the Nigerian economy. This position was further reinforced by the bank when it presented certificates of proficiency to three lucky members of the Skye Pearl community who participated in the just -concluded 3-month art of fashion training organised by Ibile Vogue Academy. The training, which is a …

Read More »

Tayo Olanipekun Lagos State Governor, Mr. Akinwunmi Ambode, on Monday, has revealed that for the the maga city required one million housing units yearly between the next five to 10 years to fix the deficit in providing shelter for the residents. This is as he also said instead of the less than 2,000MW of electricity currently being supplied in the …

Read More »

The Lagos Chamber of Commerce and Industry has estimated that Nigeria will lose about N150bn daily if the National Union of Petroleum and Natural Gas Workers and the Petroleum and Natural Gas Workers Senior Staff Association of Nigeria should embark on a nationwide strike. Both PENGASSAN and NUPENG had recently vowed to go on a strike if the Federal Government …

Read More »