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FAAN assures of solvency as it engages banks, contractors on opportunities

FEDERAL Airports Authority of Nigeria ( FAAN) has given its assurances to its contractors and financial institutions that the agency is credit-worthy and is prepared to help strengthen the relationship between both parties in the interest of improved project financing. No fewer than nine ( 9) financial institutions met with …

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Emirates Group announces AED 48.9 billion half-year performance for 2018-19

EMIRATES Group today announced its half-year results for 2018-19. The Group revenue was AED 54.4 billion (US$ 14.8 billion) for the first six months of its 2018-19 financial year, up 10% from AED 49.4 billion (US$ 13.5 billion) during the same period last year. The Group saw steady revenue growth …

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Turkish Airlines surpasses USD 1 billion profit mark in 9 months

TURKISH Airlines posted profit from main operations of USD 1 billion 149 million, in the first 9 months of 2018, despite the increasing fuel prices due to its increasing demand and unit revenues. The airline managed to increase both passenger and cargo revenue significantly, achieved a total revenue of approximately …

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NAHCO posts impressive N7.2bn turnover in Q3 results, leverages on service; process improvements

HAVING just concluded an excellent half – year performance, the Nigerian Aviation Handling Company plc (nahco aviance) has again posted impressive Third Quarter (Q3) results with a N7.25Billion turnover while declaring a Profit Before Tax of N731.8Million. According to the figures released to the Nigerian Stock Exchange (NSE), the Company …

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CIPP emerges from Nigeria embarks on membership drive

COUNCIL for International Protocol Professionals (CIPP) has formally inaugurated board members and is presently open to admitting members of various protocol affiliations. The group, having passed through the agenda-setting period of the body with clear mandate, has developed strategies for the expansion of the profession with the support of notable …

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Elumelu, others insist entreprenuership will unlock Africa’s economic development

NO fewer than five thousand (5,000) African entrepreneurs, private and public sector leaders and the broader entrepreneurship ecosystem convened in Lagos on Thursday, October 25, 2018 for the annual Tony Elumelu Foundation (TEF) Entrepreneurship Forum. The event which is the largest gathering of African entrepreneurs in the world, is a …

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Capital Oil, NICON top AMCON’s list of ‘delinquent debtors’ owing N906b

ASSET Management Corporation of Nigeria (AMCON) on Monday released a list of 105 companies that it described as delinquent debtors that owe the corporation to the tune of N906, 109,840,662.99. The advertorial, AMCON noted, was the last resort as the top 105 “delinquent debtors” had failed to work out an …

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UBA commences receipt of entries for National Essay Competition, gives guidelines for submission

UBA FOUNDATION is now accepting entries for this year’s edition of the National Essay Competition. The first prize for the competition is a N2 million educational grant for the winner to study in any African university of his or her choice, a 100% increase from N1m which was awarded last …

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Dana Air announces 24th Nigerian Economic Summit partnership

DANA AIR has announced that it is partnering with the Nigerian Economic Summit Group (NESG) towards the success of the 24th Nigerian Economic Summit holding at the Transcorp Hilton Hotel, Abuja from 22nd to 23rd October 2018. This year’s summit with the theme: Poverty to prosperity: Making Governance and Institutions …

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NATOP asks members to desist from selling Tanzanian packages till visa procedure is clarified

PRESIDENT of National Association of Tour Operators ( NATOP), Hajia Bilkisu Abdul has asked Nigerian Tour Operators to stop selling Tanzanian Tour Packages for now until the New Visa Procedure is clarified. This is against the deportation of Nigerian tourists by Tanzanian Immigration Authorities. Until October 7th Nigerians travelled to …

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