Jet A1 scarcity, multiple taxation, forex scarcity killing Nigerian airlines
Investigations in the aviation sector have revealed three factors frustrating the growth of Aviation industry in Nigeria. They include high cost of Aviation fuel popularly called Jet A1, multiple charges by government agencies and the current forex scarcity. This scenario…
Nigeria secures ICAO Council seat
About 152 International Civil Aviation Organisation (ICAO) member states voted Nigeria to secure Council seat in the Part II category at the on-going 39th Assembly of the world aviation regulatory body. Nigeria will remain a member of the Council for…
Google launches Pixel smartphone in hardware push
Google yesterday launched its Pixel smartphone with built-in assistant as the tech giant made a direct challenge to the iPhone with its own branded, premium-priced handset. The unveiling of Google’s in-house designed phone came as part of an expanded push…
Confusion in Imo over proposed N3,000 ‘strange’ tax on citizens by Govt
Palpable fears are currently disturbing Imo citizens both at home and outside the state as the State Government may have imposed what they described as unknown tax of N3,000 on every citizen irrespective of your place of residence monthly. Details…
GOVERNMENT INTERVENTION FUNDS FOR SMES AND ACCESS TO THEM
Money is a defense. Naturally, it is the livewire of any #business venture. Irrespective of whatever business line you want to venture into, as an #entrepreneur, without adequate financing, your business may just be a one-hit-wonder after all. SMES in…
Nigeria’s recession pulling down region’s GDP, says ECOWAS
ECOWAS Commission President, Mr. Marcel de Souza, has said the recession being experienced in Nigeria has a negative impact on the sub-region’s overall economic performance. De Souza said this while presenting the Community Status Report at the ongoing Second Ordinary…
FG pays ECOWAS $54m 2015 community levy
The federal Government has fulfilled its obligation to the Economic Community of West African States (ECOWAS) by paying the 2015 Community Levy of $54m for the implementation of programmes and projects in the sub-region. The group’s Commissioner for Finance, Mr….
Buhari deepens ‘Change begins with me,’ puts 2 presidential jets on sale
The federal government yesterday place advertisement for the sale of two aircrafts in the presidential fleet. This is a clear move to cut down the size of the fleet which observers say is in line with the recently launched change…
Trade Fair Complex Not Listed As Ambode plans Lagos market tour
Whereas the Lagos State Governor, Mr. Akinwunmi Ambode, has concluded plans to visit mega markets around the state to interact with traders and obtain their views on his achievements, indications are rife that the largest market complex in the state,…
Hilton Group Plans Africa’s Tallest Hotel In Lagos, Nairobi, Other Cities
Hilton Worldwide has signed a management agreement with Jabavu Village Limited to open in 2020 and joins 50 Hilton Hotels & Resorts properties trading or under development in 17 countries across Africa including Lagos. Already, plans are concluded to open…
