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.
Oando shareholders to get more value for investment
Oando Plc has reaffirmed its commitment to creating value for its shareholders as it continues to adopt proactive measures that would enhance profitability and returns for stakeholders. Despite the fall in oil prices which threatened to wipe out more than $1.6 trillion in earnings for oil producing companies and countries, Oando Energy Resources (OER), has realized a cash windfall in the sum of $234 million due to the proactive fiscal measures put in place prior to the slump in oil prices.
Ex-militant leaders seek recognition by Jonathan
Ex-militant leaders from Obotobo 1, Ogulagha Kingdom, Bonny Gawei and Francis Muturu from Bomadi, Delta State, have cautioned President Goodluck Jonathan to stop aligning himself with some ex-militant leaders to the detriment of others.
Telephone penetration in Nigeria hits 100% mark — NCC
The Nigerian tele-density also known as telephone penetration has finally hit a 100 per cent mark, the News Agency of Nigeria (NAN) reports. This information is contained in the Nigerian Communications Commission (NCC) Monthly Subscriber Data, made available in Lagos weekend. According to the data, the country’s tele-density stands at 100.59 per cent as at the end of January with the active lines/phone numbers on the telecommunications operators’ networks reaching 140,822,483.
Police allegedly kill scavenger over N200 bribe
LOKOJA — An overzealous police officer from ‘C’ Division in Kogi State Police Command, yesterday, shot dead a scavenger in Lokoja over the deceased’s refusal to give him N200 weekend tip.
New York tops world’s luxury property market
The value of high-end residential property in the U.S. financial center soared 18.8 percent between December 2013 and December 2014, far outpacing the global average price growth of 2 percent, the real estate consultancy’s annual Wealth Report showed on Thursday. “With New York number one in the Prime International Residential Index, it is clear that it has transformed itself again in the recent past, and as result, has broadened its appeal to the international investment community,” said Alistair Elliott, senior partner and group chairman of Knight Frank.
