Business & Economy

HERITAGE Bank Plc, has called on internal auditors of banks to adopt the various digital technologies to prevent fraud and annul the adverse impact of Covid-19 on the financial ecosystem. Speaking at the just concluded 47th Quarterly Meeting of the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN), the MD/CEO of Heritage Bank, Ifie Sekibo disclosed that for …

AFTER an over six (6) hour deliberation with the Federal Government, the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have agreed to suspend the strike scheduled to commence today (Monday) after agreement was reached to suspend the application of the cost-reflective electricity tariff adjustments for two weeks. Government and organized labour entered into negotiations which commenced at …

Aviation unions, others direct membership to prepare for action DESPITE talks with the Nigeria Governors’ Forum (NGF) and a ruling by the National Industrial Court to avert the nationwide strike come Monday September 28, 2020 the Nigeria Labour Congress (NLC) is mobilizing workers to embark on a nationwide protest against the recent hike in electricity tariff and pump price of …

NIGERIAN Aviation Handling Company (NAHCO) Plc in partnership with Multi-Level Innovation Services Ltd/Raven Hygiene has introduced its disinfection service to all its client- airlines, in a bid to continually combat the dreaded COVID-19 pandemic and keep air travelers safe. This move is following the recent successful simulation exercise that ushered in the resumption of flights in Nigeria by the Ministry …

MD/CEO of Heritage Bank Plc, Ifie Sekibo has charged players in the banking sector and especially internal auditors to rethink and rejig the various ways they carry out their functions and become versed in areas like cyber security, artificial intelligence, fraud management among others that would help boost their values. Sekibo made the call during the 47th Quarterly Meeting of …

CABO VERDE’S Minister of Maritime and Economy, Dr. Paulo Gerida is considering an idea canvassed by the Banjul Accord Group Accident Investigation Agency (BAGAIA) to increase training of personnel in its Institute for the Prevention and Investigation of Aeronautical e Maritime Accidents (IPIAAM), so investigators can be drafted from the body to investigate aviation or maritime accidents when the need …

NIGERIAN Aviation Handling Company Plc, (NAHCO Plc) the nation’s leading ground handling Company, has taken delivery of another set of ground support equipment valued at about half a billion naira, as part of the 3.6-billion-naira equipment proposed in 2019 for injection into the company to aid facility upgrade and enhanced service delivery. The new delivery is the first of two …

THE United Bank for Africa (UBA) Plc is set to organise another edition of its quarterly UBA Business Series to support the growth of Micro Small and Medium Enterprises (MSME) and equip them with the necessary tools to strengthen and sustain their businesses The UBA Business Series which is held quarterly, is an MSME Workshop and a capacity building initiative …

HERITAGE Bank Plc in partnership with Honourable Fatima Mohammed (FAMO) Foundation has provided succor to over 300 affected private school teachers and small medium enterprises (SMEs) to aid cushion the effects of the COVID-19 on the education sector. The challenges posed by the COVID-19 pandemic, have continued in the shutdown of schools for months leaving the private school teachers without …

ARIK Air, in the face of the union’s threat to down tools tomorrow Monday, September 14, 2020 have written to the Minister of Labour and Employment appealing for an intervention in seeking for the understanding and cooperation of the workers’ unions; while explaining some key issues in the disagreement This is just as the airline states that the issues in …