Archives for BUSINESS - Page 12
Senate, Accountant General probes INTELS withholding of $200m NPA funds
In a bid to instill sanity among Nigerians, the Senate and office of the Accountant General of the Federation have concluded plans to compel Integrated Logistics Services Limited (Intels) to…
Air Meridien leaves 40 passengers stranded at Lagos airport
Italian airline, Air Meridien, on Tuesday left about 40 of its passengers stranded at the Murtala Muhammed International Airport, Lagos. The passengers were reportedly prevented from checking in by the…
NCAA issues AOC to Genesis Global Aviation
The Nigerian Civil Aviation Authority (NCAA) has issued Air Operator’s Certificate (AOC) to Genesis Global Aviation to operate full charter helicopter services. The certificate was issued after the company had…
FG charged to prosecute foreigners behind sub-standard products
A Senior Advocate of Nigeria (SAN) and former commissioner of justice and attorney-general of Plateau State, Prof. Dakas C. , has called on the relevant government agencies to demonstrate courage…
NBC Allays Concerns Over Benzoic Acid in Soft Drinks … fanta, sprite are safe
NBC has assured all consumers of its unwavering commitment to product quality, safety and customer satisfaction. The firm gave the assurance following a negative media report on its operation. According…
It is time for Nigeria; it is time for gas- NLNG MD
The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, has said it is time for Nigeria to use gas as a catalyst for industrial and…
“Arik can’t afford N1.6b fuel cost to sustain int’l routes”–AMCON MD
The managing director of Asset Management Corporation of Nigeria (AMCON) Mr. Ahmed Kuru has said that Arik Air which was taken over by his agency on February 9 spends about…
AMCON takes over Arik Air, appoints MD, receiver manager
The Asset Management Company of Nigeria (AMCON) has taken over the management of Arik Air that has been struggling with huge debts totalling N139 billion. AMCON said in a statement…
Violation of safety regulation: NCAA fines First Nation, pilot N33.5 million
The Nigerian Civil Aviation Authority (NCAA) has fined First Nation Airways (FNA) and one of its pilots a total of million for contravening safety regulations In a letter conveying the…
Med-View Airline to list on NSE
Med-View Airline has concluded plans to list its shares on the Nigerian Stock Exchange (NSE) by way of ‘listed by introduction.’ The airline’s executive director, business development, Mr. Isiaq Na-Allah…