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Arik, CFM partner to train Nigerian  aircraft engineers

Arik, CFM partner to train Nigerian aircraft engineers

Arik Air and aircraft engine manufacturer, CFM International have started discussion on the training of Nigerians on aircraft engine maintenance and repairs. The discussion took firm ground last Monday when the President of CFM, Jean-Paul Ebanga visited the headquarters of Arik Air at the Murtala Muhammed International Airport, Lagos to affirm the importance of the airline to the company and also show commitment to the planned partnership.

UK dominates capital imports into Nigeria in Q4, 2014

UK dominates capital imports into Nigeria in Q4, 2014

The source of the greatest value of capital imported to Nigeria continues to be the United Kingdom, with USD1.9 billion imported in the fourth quarter (Q4) of 2014, representing 43.2 per cent of the total according to a releases by the National Bureau of Statistics (NBS). But this figure represented a continuation of the decline seen since the Q2. The Q4 figure was less by USD939.7 million or 32.6 per cent below Q3 value of USD2.9 billion.

SON destroys substandard goods worth N500m

SON destroys substandard goods worth N500m

The Standard Organisation of Nigeria (SON), has destroyed fake and substandard goods worth N500 million. Speaking at the occasion of the formal destruction of fake and substandard goods at Sagamu dump site, Ogun state, the Head, Inspectorate and Compliance Directorate, SON, Engr. Bede Obayi, said, the destruction exercise was carried out to completely do away with sub-standard goods which failed the SON test carried out on the products.