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Business & Economy

Etihad Airways appoints new General Manager in Nigeria

United Arab Emirates (UAE) national carrier, Etihad Airways, has appointed George Mawadri as its new General Manager in Nigeria, where he will be responsible for growing Etihad Airways’ relationships with its travel trade and corporate customers while furthering the development of the airline’s commercial strategy in Nigeria. George brings a vast amount of airline experience and knowledge to the position …

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President Buhari, business community proffer ways to woo investors at KEIS

President Muhammadu Buhari joined a team of investors and potentials in Katsina to woo investors into the state while assuring that Federal government will work closely with private sector in a bid to advance the course of growth and development of the country. The president made this known on May 10, 2016 when he declared the Katsina State Economic and …

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Labour gives FG till Wednesday to revert pump price or…

The National Executive Council (NEC) of the Trade Union Congress (TUC) have  issued government a three working-day ultimate till Wednesday, May 18, 2016 to revert the pump price of Premium Motor Spirit (PMS) back to the former price of N86.50k or face a major industrial action. Federal Government on Tuesday, increased the fuel pump price to N145 per litre an …

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Emirates Group announces record US$2.2 billion profit

*Airline records 56.4billion passenger, cargo capacity For the 28th consecutive year running, Emirates Group has announced profit and steady business expansion, ending the 2015-16year with record profits of  AED 8.2 billion (US$ 2.2 billion)  and in a strong position despite the global and operational challenges during this period     Released yesterday in its 2015-16 Annual Report, the Emirates Group posted an …

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FAAN boss promises interview for successful AVSEC candidates

The Federal Airports Authority of Nigeria (FAAN) has said that successful candidates who applied for and participated in the Aviation Security (AVSEC) recruitment exercise last year, May 2015 will soon be invited for interview and other pre-employment procedures. Managing Director of FAAN, Engineer Saleh Dunoma made this known as he played host to some of the candidates in his office.

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Nahcoaviance cough out N100m to avoid FIRS shutdown over tax default

Nigerian Aviation Handling Company, nahcoaviance, Plc has for a while refused to remit millions of naira in taxes to the coffers of the federal government an act that saw the Federal Inland Revenue Service (FIRS) hold the company liable threatening to shut it down last week. It was gathered that the handling company have had to pay N100million within 24 …

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Nigeria, Cameroon intensifies collaboration on economy diversification, security

President Muhammadu Buhari has declared that it is high time the country went back to the lands to ensure food security as well as to diversify the economy. President Buhari made this known this afternoon, in a joint Press Conference at the Transcorp Hilton Hotel, Abuja with Cameroonian leader, President Paul Biya who concluded his two-day official visit to Nigeria. Both …

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Investors drum up support for diversification to tackle Nigeria’s economic dip

The opportunity to diversify the economy, invest in critical sectors and stimulate growth of the SME space to put the country on the path to sustainable development, this was the position canvassed by stakeholders at the Standard Bank West Africa Investors’ Conference, now in its 7th edition which had the theme, ‘Unlocking Nigeria’s potential…growth through diversification.’ Nigeria’s economy has been …

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