By Olasunkanmi Akoni & Monsur Olowopejo Governor Babatunde Fashola of     Lagos recently marked his 800th day in the saddle of leadership and affirmed that the responsibility of his administration and the present generation is simply to provide the platform and environment that will unleash the power and potential of the Lagos, especially the Nigerian youth. […]

THE Petroleum Technology Development Fund has said it is collaborating with the Nigerian Institute of Welding to end the dominance by foreign welders and fabricators in the construction jobs in the nation’s oil and gas sector by the year 2010.

Arik Air has resumed services between Abuja and Maiduguri, capital of Borno State. The airline suspended its services to Maiduguri at the end of July following the outbreak of militant activity across the region. The resumption of flights means that Arik Air connects Maiduguri and the Federal Capital six days per week.

German carrier, Lufthansa Airlines, has relocated its Lagos office to Churchgate Tower on Victoria Island, to meet the need of its customers.
The relocation, which was effected on July 30, 2009, brings to an end the airline’s almost 50 years sojourn on Broad Street — the once burgeoning financial street of Lagos.

Lagos, August 10, 2009 Dana Airlines Limited has launched a new promo in which passengers can pay as low as N9, 000 for a one way ticket to any of its routes. The airline currently operates daily flights to Enugu, Lagos and Abuja, and is set to extend its operations to Kano in the week commencing August 17, 2009.

Despite the global meltdown which currently hangs major airlines in the world in the balance, Ethiopian Airlines has more than doubled its annual net profit to $118.6 million.

The Nigerian Civil Aviation Authority (NCAA) has said the main hurdle left for Nigeria to cross to attain the U.S. Federal Aviation Administration’s category one certification was in the area of compliance and enforcement.

THE stockbrokers inability to meet their margin obligations has been attributed to low patronage by the investing public to invest in the nation’ s capital market.

SUSPECTED sea pirates yesterday attacked and robbed Itsekiri passengers of a transport boat on their way to Warri at a place, popularly called Pipeline, near Ikpokpo community in Gbaramatu kingdom, Delta state.

SKYE Bank Plc has been rated by Renaissance Capital (Rencap) as the ‘fastest growing tier two Nigerian bank’.According to the July edition of Renaissance Capital’s report which focused on Nigerian banks, Skye Bank made significant and greater market share gains than any other tier-two Nigerian bank between 2002 and 2008 despite the challenges of a five-way merger.