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Senate directs CBN to suspend ATM card maintenance charges

Directs commercial banks to increase withdrawals via ATM to N40,000 NIGERIAN Senate yesterday passed a resolution calling on the Central Bank of Nigeria to suspend the ATM card maintenance charges being deducted from customers. This is just as the body called on commercial banks operating in the country to configure …

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Turkish Airlines’ airlift 7 million passengers, records 83.4% load factor in September 2018

TURKISH AIRLINES has announced passenger and cargo traffic results for September 2018 airlifting about 7 million passengers with a high load factor of 83.4%. On top of the strong base effect of September 2017, growth in the number of passengers, revenue per kilometer and load factor, is an important indicator …

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Delta Air Lines announces September 2018 Quarter Profit

DELTA AIR LINES has reported financial results for the September quarter 2018 with adjusted pre-tax income for the September quarter 2018 standing at $1.6 billion, and adjusted earnings per share were $1.80, at the high-end of guidance. Adjusted earnings per share were up 16 percent compared to the prior year …

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FG signs Executive Order 008, tightens tax and money laundering rules

FEDERAL Government has released a new Executive Order ( 008) number eight, tagged Voluntary Offshore Assets Regularization Scheme (VOARS) which aims at stepping up regulations on money laundering and tax evasion. The Executive Order signed by the administration of President Muhammadu Buhari took effect from Monday, October 8, 2018, the …

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Tony Elumelu Foundation partner GIZ to Empower Young Entrepreneurs across East, West Africa

THE Tony Elumelu Foundation (TEF), Africa’s leading entrepreneurship philanthropy, is partnering with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the German Government’s Agency for International Cooperation to empower 210 young African entrepreneur GIZ support of the Tony Elumelu Foundation Entrepreneurship Programme will be focusing specifically on female entrepreneurs and tech-enabled …

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Africa Prudential partners cooperative societies on technology adoption

AFRICA Prudential Plc, a leading share registration and investor services firm has partnered with the International Co-operative Alliance-Africa (ICA) to deploy technology solutions for a more efficient administration of co-operatives and thrift societies across Africa. The commitment was made public at the 12th African Ministerial Co-operative Conference which was held …

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Akwaaba Travel Market partners ADWT for Africa -Africa Diaspora Tourism event in 2019

ORGANISERS of Akwaaba African Travel Market have will be collaborating with US-based Africa Diaspora Awards to organise a conference of Africa- Africa Diaspora Tourism Conference. The conference will take place on the 23rd of September 2019 as part of the 15th Akwaaba African Travel Market in Lagos. The Executive director …

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Enlistment of SAHCOL on NSE may happen in 2 months- investigation

IT would seem that plans have reached a crucial stage for the Skyway Aviation Handling Company Limited (SAHCOL) as the ground handling company may be enlisted on the floor of the Nigerian Stock Exchange (NSE) less than two (2) months from if all goes according to intent. Nigerianflightdeck investigations indicate …

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Government cuts registration of business cost by half for 90 days

FROM October 1 to December 31, 2018, Government has announced approval of a 90-day special window to register businesses at a reduced rate of N5,000 only from N10,000. The approval announced by Vice President Yemi Osinbajo was made at the launch of the 19th edition of the Micro, Small and …

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United Capital launches new, improved online investment platform, InvestNow.Ng

UNITED Capital Plc, a leading financial services group just launched its new, improved online investment platform, InvestNow. The company, which prides itself in being innovative and customer-centric rolled out this platform as part of its retail strategy and unwavering commitment to excellent service experience. The platform was first released in …

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