NCAA gives 90-day grace to private jets owners

NCAA gives 90-day grace to private jets owners

The Nigerian Civil Aviation Authority, NCAA, yesterday, granted a 90 days grace to private jets owners to come up with their operational preference. It will be recalled that last week, NCAA, issued final warning to all owners of foreign registered, privately operated aircraft in the country who had failed to regularise their documentation in conformity with NCAA operational status, warning that they will face severe sanctions from the regulatory Authority if they fail to do so.
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Retail investors have not sufficiently returned to stock market — Afolayan

Retail investors have not sufficiently returned to stock market — Afolayan

The main challenge facing stockbroking firms at the moment is that of volume of business. Trades in the market have been largely done by institutions (mainly foreign) while the domestic retail investors have not sufficiently returned to the stock market since the financial crisis of 2008/2009. There are a few stockbrokers working with these foreign institutions who collectively control the major volumes traded in the market. Foreign investors are also very sensitive and any information that reflects uncertainty in politics and government policies trigger a fast withdrawal from the market which results in high levels of volatility.

I’ll rescue Delta from Pdp stranglehold —Emerhor

I’ll rescue Delta from Pdp stranglehold —Emerhor

Delta State All Progressives Congress, APC, governorship candidate, Olorogun O’tega Emerhor, yesterday, promised to rescue Delta State from the stranglehold of the Peoples Democratic Party, PDP, saying that if voted into power, his government will run the state like a business empire with a human face.

EPZ  groundbreaking will determine Itsekiri’s vote —Ekpoko

EPZ groundbreaking will determine Itsekiri’s vote —Ekpoko

Itsekiri Leaders of Thought, weekend, said that the groundbreaking ceremony of the $16 billion Export Processing Zone, EPZ, in Ogidigben, Warri South- West Local Government Area, Delta State, on March 13 will determine the vote of the Itsekiri nation in the forth- coming general elections.

No plot to pass vote of no confidence on Jega —Ondo REC

No plot to pass vote of no confidence on Jega —Ondo REC

ABUJA—AHEAD of the general elections, the Ondo State Resident Electoral Commissioner, REC, Mr. Olusegun Agbaje, has said that National Electoral Commissioners and the State Resident Electoral Commissioners, RECs of the Independent National Electoral Commission, INEC, were not in any way contemplating passing a vote of no confidence on the Commission’s Chairman, Professor Attahiru Jega.

Wait till 2019, Presidency tells North

Wait till 2019, Presidency tells North

ABUJA — The Presidency, yesterday, urged the north to forget the 2015 presidency and wait till 2019, saying that the 2015 general election was about the stability of the country and not the fulfilment of the ambition of one man.

Hate publications: Lagos APC seeks sanctions on erring stations

Hate publications: Lagos APC seeks sanctions on erring stations

The Lagos State chapter of the All Progressives Congress, APC has urged the Nigerian Broadcasting Commission (NBC) and the Advertising Practitioners’ Council of Nigeria (APCON) sanctions television stations and newspapers that are broadcasting and publishing damaging documentary and hate advertorials on key opposition leaders.

Women’s Day: Stakeholders seeks end to maternal mortality

Women’s Day: Stakeholders seeks end to maternal mortality

As Nigerian women joined the rest of the world to celebrate this year’s International Women’s Day, medical experts and partners on the NOTAGAIN Campaign have called for effective implementation of policies and commitments that promote rights and access to quality maternal health and family planning services.

Investment opportunities will emerge despite stock market volatility —Sotubo

Investment opportunities will emerge despite stock market volatility —Sotubo

Dele Sotubo is the Chief Executive Officer of Stanbic IBTC Stockbrokers, Nigeria’s largest stockbroking firm in value and volume of transactions handled at the Nigerian Stock Exchange. In this interview Sotubo talks about the capital market and efforts to deepen it, the bond market, corporate governance issues, listing of oil and gas companies, among other issues. Excerpts:

Microfinance, a  realistic approach to affordable housing — LAPO MD

Microfinance, a realistic approach to affordable housing — LAPO MD

The project has economic, social and environmental impact angle. We are also aware that houses for low-income earners are not just shelters, but are equally locations for their economic activities, to this end, we are putting in place a system that will enable impact assessment not only in terms of number of houses but with equal attention to social indicators. The success recorded so far is due to a number of factors which include commitment of the partners in the project who have all delivered on their obligations.

NMRC, US firm seal N200bn mortgage investment deal

NMRC, US firm seal N200bn mortgage investment deal

The Nigerian Mortgage Refinancing Company (NMRC) has signed a Memorandum of Understanding (MoU) with a US-based investment firm, Cantor Fitzgerald, for the investment of $1bn (about N200 billion) in the Nigerian mortgage sector. Cantor Fitzgerald is a global private investment firm with strong expertise in asset-backed mortgage securities. The firm has also made arrangements to build 10,000 houses in Kaduna, Lagos, Enugu and Abuja within the next one year.

Adeyeye tasks Aerospace centre on standards

Adeyeye tasks Aerospace centre on standards

The Minister of State for Works, Prince Adedayo Adeyeye has tasked the Regional Centre for Training in Aerospace Surveys (RECTAS) to improve its standard in order to compete favourably among institutions like it in the world. Adeyeye threw the challenge to the Executive Director of RECTAS, Mr Adewale Akingbade when the new ED paid a courtesy call on the Ministry of Works in Abuja on Tuesday.

FAAN spearheads air cargo sector development

FAAN spearheads air cargo sector development

The Managing Director of the Federal Airports Authority of Nigeria, FAAN, Engr. Saleh Dunoma has said that the Authority will support any effort aimed at maximising the potentials in the country’s air cargo sector. Engr. Dunoma made this remark last week during the Nigerian Air Cargo Summit in Lagos. He said that the quest to maximise these potentials has led to the remodeling of designated perishable cargo airports across the country.