The International Aviation College, Ilorin is to be assisted by the Kwara State Government to source loan from China Exim Bank to acquire about 20 new training aircraft early next year. This was disclosed by the acting Rector of the college, Captain Nuhu Abdulkarim while fielding questions from aviation reporters in Ilorin.

One year after its re-introduction, poor services have crippled the Lagos-Kano intercity rail line, with travel time worsening by 13 hours.

As the web progresses the expectations of digital consumers keep growing. Not only is it vital for merchants to offer personalized shopping experiences nowadays, but they must also make their products available to consumers in a variety of channels.

By NKIRUKA NNOROM Heavy transaction recorded on the shares of Unity Bank Plc, Transnational Corporation of Nigeria, Transcorp, and Mass Telecommunication Innovation Nigeria plc last week boosted the transaction on the floor of the Nigerian Stock Exchange, NSE. Specifically, trading on the shares of the three companies accounted for 601.665 million shares worth N775.880 million […]

As usual, 2013 was another eventful year for the banking industry. While many factors influenced activities in the industry during the year, additional restrictions on foreign exchange, increase in Cash Reserve Ratio on public sector deposit, and financial inclusion were the dominant factors of the year.

Poised to ensure effective implementation of the compulsory insurance in the country, the Nigerian Council of Registered insurance Brokers, NCRIB, said it intends to embark on lobby of states’ Houses of Assembly to promulgate edicts that will drive public compliance with some provisions of the law on compulsory insurance.

The takeover of Destination Inspection (D/I) function by the Nigeria Customs Service (NCS) earlier this month, has caused the revenue collected by the Service to rise from about N500 million to N1billion daily.

Pension Fund Operators of Nigeria, PenOp, has said that many employers have refused to buy group life insurance policy for their employees as mandated by the Pension Reform Act, 2004.
According to PenOp, many families of employees who died in active service have become impoverished because their employers refuse to take up the group life insurance cover.

The reforms and tighter regulations introduced in the Nigerian capital market continued in the year 2013 leading to improvement in market activities, with the equities and bond markets on the upsurge when compared to the preceding year.

Bayelsa State has been organising international events and still counting. The latest is the Bayelsa International Jazz Festival.
Ebizi Ndiomu-Brown, Director General of the Bayelsa State Tourism Development Agency, in this interview, gives an insight into why the state administration has decided to promote massive tourism in the state.
She also speaks about other issues affecting the sector.

Chief Solomon Ogbonna, is one of the foremost building developer in Lagos, particularly Lekki/Ajah axis, where he has developed a lot of properties with first class building materials equal to international standard. In this interview with Moses Nosike, he reveals why cost of developing properties is high in Nigeria, blaming government for its inability to promulgate housing policies that could enable the masses afford and own houses in Nigeria

Over a year after the announcement by the Minister of Finance and the Coordinating Minister of Economy, Dr. Ngozi Okonjo-Iweala, that Value Added Tax and stamp duty would be removed from transactions in the secondary segment of the Nigerian Stock Exchange, NSE, nothing has been done.

Researchers at the International Institute of Tropical Agriculture (IITA) have come up with soilless yam propagation as they have successfully grown seed yams in the air using aeroponics technology.

Nineteen thousand, four hundred and thirty nine federal civil servants have benefited from the staff housing loan scheme by the Federal Government to solve housing deficit in the country.

Phones and Allied Products Association of Nigeria have appealed to the Consumer Protection Council, CPC, for more time to withdraw fake phones from the market before January 20thnext year.