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“NANTA will get a befitting secretariat”,  President

“NANTA will get a befitting secretariat”, President

The National President of NANTA, Mr. Dayo Adeola in an exclusive interview with NANTA news bares his mind on the latest development in the Association, the Nigerian travel/tourism market and many other burning issues. Excerpt.

Double dip recession not likely, MPC

Double dip recession not likely, MPC

The Monetary Policy Committee (MPC) has said the recent weakening of growth globally will most likely not lead to a double-dip recession is not very likely.

Director urges development of tourism industry

Director urges development of tourism industry

Mr Alhamid Sheriff, Director, Travel and Tourism Studies, National Institute for Hospitality and Tourism (NIHOTOUR), has urged the Federal Government to preserve the country’s natural and cultural landscapes to enhance its socio_economic activities.

2011: Edo ACN youths protest endorsement of decampees

2011: Edo ACN youths protest endorsement of decampees

THE political tension in Edo State, heightened, yesterday, when hundreds of Action Congress of Nigeria, ACN, youths stormed the palace of the Oba of Benin and the secretariat of the party, to protest what they described as a “scheme to hoodwink” Governor Adams Oshiomhole to endorse some National Assembly members, who recently dumped the Peoples Democratic Party, PDP, for the ACN.

Firm sues NPA over illegal occupation of its terminal

Firm sues NPA over illegal occupation of its terminal

Duncan Maritime Services, operators of Duncan Bonded Terminal has dragged the management of the Nigerian Ports Authority (NPA) to the federal high court in Lagos over illegal occupation of the facility for 14 days, an action the firm said resulted in the loss of N1.8 billion.

Actis pays $151m, acquires 100% control of Vlisco Group

Actis pays $151m, acquires 100% control of Vlisco Group

Actis, a private equity investor solely focused on emerging markets, has acquired Vlisco Group, producers of Vlisco, Uniwax, GTP and Woodin fashion brands by paying US151million, as it controls 100 percent equity.

Uduaghan gives DESOPADEC officials 10 days to return vehicles

Uduaghan gives DESOPADEC officials 10 days to return vehicles

DELTA State Governor, Dr Emmanuel Uduaghan, has ordered officials of the newly restructured Delta State Oil Mineral Producing Areas Development Commission, DESOPADEC, who left with government vehicles to return them within 10 days.