Several months after fire tragedy, traders still count losses
SUNDAY June 9, 2013, is a day that traders at the Speedwell Plaza, Trinity Spare parts market in Olodi Apapa, now remember with pain and regret. It was a day their shops at the plaza were razed by fire that left them suffering huge losses and being heart-broken. Two years after, they are yet to recover from that disaster as they are still lamenting their losses. This is after several Save- Our-Soul, SOS, letters and appeals to the Lagos State Government have failed to yield any comforting response.
MAY: Nigeria’s month with history as Adesina seeks to lead AfDB
The month of May is going to be a special year in the annals of Nigerian history as General Muhammadu Buhari will be sworn in as the President of the country having defeated the incumbent, President Goodluck Ebele Jonathan. In the same month of May another Nigerian, Dr. Akinwunmi Adesina, the current Minister of Agriculture and Rural Development, might be elected the President of the African Development Bank as the financing institution is electing a new president to replace the incumbent President Donald Kaberuka.
Aviation Cabotage will save N200bn annual revenue loss — Agbakoba
“The Economic Benefits of Aviation and Performance in the Travel & Tourism Competitiveness Index Report 2013 states that the aviation industry supports tourism and international business by providing the world’s only rapid worldwide transportation network. Airlines transported 2.8 billion passengers and 47.6 million metric tonnes of air cargo in 2011, connecting the world’s cities with 36,000 routes. By providing these services, the aviation industry plays an important role in enabling economic growth and providing various economic and social benefits.”
Garba warns players ahead of Germany trip
Ahead of their training tour of Germany, Flying Eagles coach Manu Garba has warned his players that they are not embarking on a jamboree.
When $ became cheaper in the black market
The actual value of dollars deployed for this purpose is not known, but it was certainly large enough to temporarily overwhelm subsisting Naira supplies with BDC operators to make the Naira relatively scarce against the dollar. It was consequently no big surprise therefore, that the heavy inflow of dollars into vibrant black market centres in Lagos, Kano, Ibadan, Port Harcourt, Abuja etc. quickly strengthened the Naira exchange rate below the official N197=$1.
Xenophobic Attacks: Nigeria denies recalling envoy from South Africa
The Federal government has denied recalling its High Commissioner in South Africa over the ongoing xenophobic attacks.
