Deliver power sector now or resign, enough of reasons, counter reasons, CD tells Fashola
The intractable epilepsy hobbling the nation’s power supply and mainly the South East zone has attracted the attention of Campaign for Democracy (CD), forcing the body to give the Minister of Power, Works and Housing, Babatunde Fashola (SAN) up till…
Exclusive: Customs CG risks walkout if he appears before Senate on mufti, Wednesday
A Senator of the Federal Republic (name with held), Sunday confided on Business Hilights in a telephone interview that the Comptroller General of Customs, Col. Hameed Ali (rtd) may risk not only walkout but vote of no confidence on his…
Finance Minister explains why FG went for World Bank, AfDB, dumping IMF
Minister of Finance, Mrs. Kemi Adeosun has given more reasons why the federal government preferred the borrowing plan of the World Bank and African Development Bank than the International Monetary Fund (IMF). She revealed that she has had an interesting…
NIMASA steps up maritime capacity, trains 130 Nigerians in Egypt, gets offers for more
The Nigerian Seafarers Development Programme (NSDP), an initiative of the Nigerian Maritime Administration and Safety Agency (NIMASA), has once again graduated 130 cadets from the Arab Academy for Science, Technology and Maritime Transport in Alexandria, Egypt. The feat has further…
Encourage operators to deep-dredge existing seaports than building more, Ubogu tells FG
Managing director of Micura Services Limited, Chief Michael Ubogu has asked the federal government to consider encouraging current port concessionaires’ to embark on joint deep-dredging of existing six seaports as a way of converting them to deep seaports than the…
Imo Air managed by Dana Air flags off recruitment, begins flying soon
Emerging state-owned airline, Imo Air has commenced recruitment of indigenes of the state to occupy various positions in the airline as promised by Governor Rochas Okorocha, during the launch of the airline on 24 of January, 2017. The interview commenced…
Sub-Saharan Africa recorded rare zero passenger fatalities in 2016— IATA report
Contrary to earlier speculations, the International Air Transport Association (IATA) has reported that sub-Saharan African aviation sector had zero passenger fatalities in 2016. The latest report of the international body showed that the jet hull loss rates by region of…
Customs hands over seized 661 pump action rifles to DSS
The Nigeria Customs Service has handed over the 661 pump action rifles seized on Sunday 22rd January 2017 by the Roving Team of the Federal Operations Unit Zone A Ikeja to the Department of State Security for further investigation. Business…
Tracking now: NCC finally secures soft landing for debt-ridden Etisalat with CBN, banks
It was reprieve for Mobile Network Operator, Etisalat on Friday following a meeting convened by Central Bank of Nigeria (CBN) and Nigerian Communications Commission (NCC) to find a quick resolution to the loan default crisis facing the company. A statement…
