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Transportation

Overland grows operations on Asaba Airport

Emerging leaders on domestic carriers in the country, Overland Airways, has announced the start of flight services from Lagos to Asaba, Delta State, effective December 21, 2016. The new route, according to the operator, will enhance economic activities in Delta State and Overland Airways’ revamped operations to Asaba International Airport, which began recently with the commencement of flights services from ...

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Nigerian airlines seek bailouts amidst yawning market potentials— Aisuebeogun

Leading analysts in global aviation business have chided Nigerian airline operators over regular request for government assistance when they operate in an environment filled with growth opportunities’. Otherwise, experts say it is only domestic operators begin to look at mergers and alliances that they will begin to consolidate with efficient services and competitive edge. According to the former Managing Director ...

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ISPs burst NCC’s plot with major networks, crash data tariffs to hijack market

internet

At a time the federal government through the Nigerian Communications Commission (NCC) seems to be ganging up with major GSM networks to jerk up price floor, Internet Service Providers (ISPs) have started slashing tariff for their offerings while. Business Hilights recalls that few weeks ago, there was some sort of mild drama between the NCC and GSM networks when two ...

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Data Center Rack Server Market to gross $90.56bn by 2021

A new report has projected geometric rise in market share by global data center rack server market, saying the sector will grow from USD 36.47 billion in 2016 to USD 90.56 billion by 2021, standing at a Compound Annual Growth Rate (CAGR) of 19.95%. Key drivers of the boom include increasing need for higher density servers, reduced capital & operational ...

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LASG gives details of emerging innovative waste management system, calls for support

Lagos State Government has come up with new strategy to manage solid wastes generated in the state. Explaining the emerging waste management reform tagged “Cleaner Lagos Initiative”, the Commissioner of Environment, Dr. Samuel Adejare said it would make Lagos one of the cleanest cities in the world as residents would have a streamlined refuse collection method. Earlier he disclosed some ...

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Julius Berger reacts to recession, fires 6,000 workers, celebrates 878

In what may be seen as reaction to the prevailing recession and associated forex crisis, construction giant, Julius Berger has compulsorily retired at least 6,000 workers within the last two years. However, another brighter angle to the development was the celebration of about 878 dedicated staffers who were appreciated with long service award recently. 0065plaining more on the development to ...

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Maritime sector worst hit by recession, forex crisis—MWUN boss, Nted

Looking for the most hit sector of the economy by the joint forces of recession and forex scarcity, the President General of the Maritime Workers Union of Nigeria (MWUN), Mr Emmanuel Anthony Nted has revealed that the maritime sector remains the industry to beat. Explaining why he thought so at the union’s National Executive Council (NEC) and Special Delegates Conference ...

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SAA introduces new aircraft on Lagos-Jo’burg route

Leading African airline, the South African Airways (SAA) has launched its new aircraft on the Lagos-Johannesburg route even as the sector continue to face the intricacies of harsh operating environment deepened by forex crisis and aviation fuel crisis. According to the Regional Manager, North, West and Central Africa of South African Airways, Ohis Ehimiaghe, the A330-300 is one of the ...

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Apapa Customs Command boss, Jibrin assures to deliver on mandate

The Apapa Customs Area Controller, Compt. Jibrin Musa has given assurance that he will deliver on his mandate at the command. Addressing Executive of leading Maritime journalists group, the Association of maritime Journalists’ of Nigerian (AMJON) who paid his a courtesy visit Wednesday at his office, he decried the massive drop in ports activities due to economic recession and maintained ...

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NIMASA seals 3 facilities over ISPS Code abuse

Pursuant to its mandate as the Designated Authority (DA) for the implementation of the International Ship and Port Facility Security (ISPS) Code in Nigeria, the Nigerian Maritime Administration and Safety Agency (NIMASA) has shut three jetties and port facilities for non-compliance with the provisions of the code. The facilities are Heyden Petroleum Jetty Ijora Lagos; Waziri Jetty, Dockyard Road Apapa ...

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