Arik Air has pledged to continue to invest in training and development of its staff as a corporate priority, with a view to enhancing. safety of its flights

South African Airways is organising a three-day marketing capacity building workshop for its 41 travel agents/partners in Nigeria.

The Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) has vowed to resist plans by the Federal Airports Authority of Nigeria (FAAN) to charge its members for use of the access gate linking the domestic to international wing of the Murtala Muhammed Airport, Ikeja, Lagos.

The World Bank Group has announced a comprehensive settlement with Siemens AG in the wake of the company’s acknowled-ged past misconduct in its global business and a World Bank investigation into corruption in a project in Russia involving a Siemens subsi-diary.

African governments with large foreign reserves in western banks have been urged to keep such reserves with African Financial Institutions (AFIs).

Interswitch, an e- payment and switching company, has deployed Gemalto’s Dexxis Instant Issuance solution to to accelerate banks’ migration to its chip and PIN Verve paymnet card.

Actis, a private equity    investor in developing countries’ capital market, has restated its commitment to the development of emerging markets in Africa and around the world, through partnering with Small and Medium Scale Enterprises (SMEs) in these countries, by helping them achieve their growth plans and contributing positively to the economic development of their various […]

An expert in the Nigerian financial market, Mr. Akin Oladeji, has tasked banks in the country on the need to cooperate with the newly introduced credit bureaus, in order to address the issue of bad loans in the nation’s financial system.

ABUJA -THE Independent Petroleum Marketers of Nigeria have file a petition before the Economic and Financial Crimes Commission against some officials of the Pipeline and Products Marketing Company for alleged fraud and sharp practices in the distribution of petroleum products.

* MEND apologizes to Chief Clark By Emma Amaize WARRI- MOVEMENT for Emancipation of the Niger-Delta (MEND) yesterday bombed the Chevron Nigeria Limited (CNL)-owned Okan manifold, which controls about 80 per cent of the company’s off shore crude oil to its BOP Crude Loading Platform in Delta State. The group also made a volte face […]

Banks shareholders are agitating for detailed disclosure, in precise term, of how much contribution their off-shore subsidiaries are making to the overall performance of the group given the huge shareholders’ funds deployed in setting them up, Lucky Fiakpa writes

The wave of competition caught up with the two card giants in Nigeria last week as they make claims of superiority over each others products, Babajide Komolafe writes

If the President is coming to attend, there has not been any special invitation to that effect. Anyway, there are no signals that the president will be coming.”

The Association of Corporate Affairs Manager of Banks (ACAMB) has condemned in totality the publication by The Africa Report, a bi-monthly published by Paris-based Groupe Jeune Afrique which was quoted by The Punch, a Nigerian daily tabloid, classifying Nigerian Banks into an unknown and unacceptable ratings.

Dangote and his co-cement manufacturers alleged in the petition that the Ministry of Commerce and Industry had allowed the importation of cement into the country at the expense of local manufacturers.
The petitioners, it was learnt, argued that local manufacturers had invested a lot in machinery and equipment to set up factories to produce cement locally.