News

Firms expect borrowing cost to decline in 3 months

By Elizabeth Adegbesan Firms are expecting borrowing cost for banks’ loans to decline in the next three months deapite seeing rates elevated in July. This was contained in the Central Bank of Nigeria’s, CBN, latest Business Expectation Survey Report. CBN said: “Respondents expect borrowing rates to remain elevated across the same periods, as indicated by the […]
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NCAA urges Reps to restore 65% TSC share to strengthen aviation safety

By Nnasom David ABUJA — The Nigeria Civil Aviation Authority (NCAA) has urged the House of Representatives Committee on Aviation to restore its original 65 per cent share of the five per cent Ticket Sales Charge (TSC) and Cargo Sales Charge (CSC), warning that any further reduction could weaken Nigeria’s aviation safety oversight and undermine […]

FUTATH clarifies salary structure, says Ondo, FG pay different categories of staff

…Permanent staff remain on state payroll By Dayo Johnson AKURE — The management of the Federal University of Technology Teaching Hospital (FUTATH), Akure, has clarified the salary arrangement for its workforce following the hospital’s transition from a state-owned facility to a federal teaching hospital. The hospital said there are currently two categories of employees, with […]

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