Manufacturers deepen local raw materials sourcing, up 11% in 3yrs
By Yinka Kolawole Nigeria’s manufacturing sector recorded a steady increase in the use of locally sourced raw materials between 2021 and 2024, with the share rising from 51.5 per cent in 2021 to 57.1 per cent in 2024, as foreign exchange pressures, naira depreciation and rising import costs pushed manufacturers towards domestic alternatives. Data from […]
Standard Chartered half yr operating profit rises 10% to $2.84bn
STANDARD Chartered Plc has announced its half year’s result of 2009 as it posted a 10 per cent rise in operating profit before tax to $2.84 billion.
SAA’s new premier lounge at MMIA for launch next month
South Africa Airways (SAA) has created a new dedicated premier passengers’ lounge at the Murtala Muhammed International Airport, Lagos, and launch is scheduled for September 2009.
Lufthansa moves ground operations to Victoria Island
German carrier,Lufthansa Airlines, has relocated its Lagos office to Churchgate Tower on Victoria Island, to meet the need of its customers.
Aero extends anniversary sale offer of N5,000
Aerocontractors has extended its promotional ticket of N5,000 to any of its operated destination in the country.The airline introduced the special fare for just five days about two months ago as part of activities to mark its 50th anniversary.
FAA adopts non-punitive reporting system for ATCs
FAA Administrator Randy Babbitt has announced a change in operational error reporting for controllers.
Effective immediately, the names of controllers will not be included in reports sent to FAA headquarters on operational errors, which occur when the proper distance between aircraft is not maintained.
