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Air travel market shrinks amid lower passenger traffic, flights
1 day ago
Air travel market in Nigeria shrank in 2017 with lesser number of passengers and flights recorded on both the local and international routes.
AMCON wins USAID-ECR award for donations
1 day ago
Asset Management Corporation of Nigeria (AMCON), last week, received another award in Maiduguri, the Borno State capital from USAID-Nigeria Education Crisis Response Project.
Nwankwo Kanu cries out over seized hotel
4 days ago
Former Super Eagles captain, Nwankwo KANU, has raised an alarm that he is on the verge of losing his prized asset, Hardly Apartment, a hotel situated...
‘There’s nothing serious about the nation’s economy that cannot be resolved’
Mr. Lai Omotola is the Group Managing Director of CFL Group, a purely indigenous infrastructure development company with core interest in real estate, agriculture, oil & gas...
‘Ecobank well-positioned for next generation of digital banking’
Indeed, in less than 18 months, if you look at our financials by the end of June 2017, we have been able to increase our cost to income ratio from more than 60 per cent to 145 per cent now.
Foreign airlines, forex and high fares
It has been inscrutable why Nigeria’s population and other economic indices have not reflected in favourable international airfares out of Nigeria over the years.
Arik files N20b suit against FG, Ethiopian Airlines over proposed takeover
Owners and former management of Arik Air Limited have filed a N20 billion suit against the Federal Government and Ethiopian Airlines over the proposed takeover bid of the troubled airline.
Firm’s MD laments AMCON takeover
The Group Managing Director Of Suru Worldwide Ventures Nigeria, Edward Akinlade has cried out over the illegal takeover attempt of one of his properties by officials of the Asset Management Corporation of Nigeria (AMCON).
AMCON denies plan to sell Arik to Ethiopian Airlines
The Asset Management Corporation of Nigeria (AMCON) yesterday denied plan to sell Arik Air to one of the leading airlines in Africa, Ethiopian Airlines.
Access Bank records 42 per cent increase in gross earning
The Bank’s Profit before Tax (PBT) also showed an increase of 18 per cent from N43.9billion recorded during the same period in 2016. Profit after Tax (PAT) grew by a similar margin from N33.6billion in 2016 to N39.5billion in H1 2017.
‘Arik regains customers’ confidence with 4,000 passenger traffic daily’
Chief Executive Officer of Air Air, Capt. Roy Ilegbodu, speaks on revival operations and survival prospects of the airline six months after its takeover by Asset Management Corporation of Nigeria...
NAAPE to ground operations over sack of 600 Aero Contractors’ workers
The pilots and engineers, under the aegis of National Association of Aircraft Pilots and Engineers (NAAPE), said the strike is a protest against the sack of about 600 workers without any benefit.