The federal government has procured six Doppler weather radars to be installed at airports across the country latest January 2010.It has also installed low level wind shear alert system in, at least, three airports in the country to save airline operations from the debilitating effects of wind shear, especially as the phenomenon was blamed partly for Sosoliso and ADC plane crashes in 2005 and 2006.Read More
Creativity and innovation in the rapid transformation of organizations are indispensable business imperatives. This is the focal thrust of a seminar which holds in Abuja on June 30 and in Lagos on July 1 to assist organizations develop innovation agendas for their business. The seminar according to Solomon Ikhioda,Chief Inspiration Officer of Tsemhai Lifestyle Ltd is â€œa knowledge resourceRead More
For 90 days, two phones will be given away every hour, even as a grand prize winner will be rewarded with $1 million, courtesy the 9jillion promo embarked upon by Etisalat Nigeria network.Read More
THE Board of Directors of Guinness Nigeria has announced the appointment of Babatunde Savage, currently the Deputy Managing Director, Guinness Nigeria Plc, as the companyâ€™s Chairman. He succeeds Dr. Ralph Alabi who has retired after 13 years as chairman during which the business experienced great transformation as a result of his commitment and good leadership. The appointment is with effect from July 1, 2009.Read More
The Nigerian Dental Association has thrown its weight behind the new close up campaign, â€œday + night brushingâ€ initiative unveiled recently in Lagos.Read More
The Board of Directors of the African Development Bank (AfDB) has approved an investment of Euro 10 million in the Investment Fund for Health in Africa (IFHA). IFHA is a pioneer multinational private equity vehicle that invests growth equity in privately owned businesses in the healthcare value chain.Read More
The bullish run in the Ni gerian capital market was halted, Wednesday, as the value of listed equities on the Nigerian Stock Exchange (NSE), represented by the market capitalisation, crashed by N99.98 billion.Read More
THE Securities and Ex change Commission (SEC), apex capital market regulator has not given approval to the proposed N50 billion Bond by the Ogun State government, saying until all the necessary requirements are met.
Meanwhile the Executive Governor of Ogun State, Otunba Gbenga Daniel has called on the Securities and Exchange Commission (SEC) to support Ogun State in issuance of a N50 billion bond to finance infrastructure in the state.
The Governor who paid a visit to the Commission recently said the bond will enable the state embark on industrial development.
THE Federal Capital Territory Administration (FCTA) Wednesday shut the largest market in Abuja located at Garki area of the Federal Capital Territory under wise known as â€œMonday marketâ€ over what the administration described as failure to pay a debt of N49 million for sanitation and maintenance services.Read More
The Managing Director of Lai Clothiers, Chief Lai Olumegbon, has estimated that the garment industry is capable of employing over 600,000 Nigerians who would in turn generate employment if the industry was properly harnessed.Read More
The Federal; Government may have paid N51.8 billion to the three scanning service providers involved in the Inspection Destination project namely Cotecna, SGS and Globalscan for services provided since the scheme commenced three and half years ago.Read More
Global leading container carrier, Maersk Line, has introduced direct shipping services into Nigeriaâ€™s ports even as many other major shipping lin es ha ve scaled down their product offering in Nigeria; consequent upon increasing operational difficulties due to the global economic downturn.Read More
About two months to the retirement of Bernard Shew Nwadialo, the Comptroller General of the Nigeria Customs Service (NCS), the tussle for who replaces him has again sprang up with top officials of service lobbying top government officials for the position.Read More
THE Task Force on Customs Reforms instituted by the Federal Government a few weeks ago has warned officers from involving themselves in fraudulent acts that may cost them their jobs if caught.Read More
Determined to enthrone true demo cratic principles in the conduct of its affairs, the body entrusted
by the Association of Nigerian Licensed Customs Agents (ANLCA) with the conduct of its elections, Association Electoral Commission (ASECO), has written to the various area commands of the Nigeria Customs Service (NCS), requesting that the respective Controllers furnish it with â€œthe authentic list of existing Customs agents licenses at your commandâ€.