Cargo Plane Skids Off Runway, Killing 2 Crew Members
The incident took place on the airport’s north runway, which remains closed while investigations continue.
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Lasaco Proposes N183.4 Million As Final Dividend To Shareholders
The Board of Lasaco Assurance Plc has proposed a final dividend of N183.4 million to shareholders of the company for the period ended 31st December 2020. This announcement was made by the company’s Board in a notification published on the website of
Lagos LG polls: Passengers Duly Informed Of Movement Restriction, Say Airliners
Domestic airline operators Tuesday said that all passengers were duly informed of the restriction of movement imposed on Saturday for the conduct of local government elections in Lagos State. Some operators, who spoke on the matter, said text messages and emails were
NGX: FG172035S1, UNIVINSURE Lead Equity Gainers On Friday
FG172035S1 and UNIVINSURE have emerged as biggest equity gainers on the Nigerian Exchange Limited on Friday. At the close of business on Friday July 23, 2021, FG172035S1 closing price was N114.31 as against N100.00 on Thursday, gaining N14.00 which resulted in a
Oyo Seeks Regional Status for Ibadan Airport
THE opposition-led Oyo State Government is asking the Muhammadu Buhari-led All Progressives Congress (APC) federal government to upgrade and grant regional status to the airport in Ibadan, the state capital. Governor Seyi Makinde, on Thursday, asked the Buhari government to take necessary
Nigeria’s Railway Sector Development To Unlock Huge Economic Opportunities
AS Nigeria makes effort to revive the railway transportation sector which has been moribund for almost 100 years after the first rail line infrastructure was built under the British colonial government, industrialists have expressed optimism that the sector when fully developed will
Commuters Complain Of Fare Hike At Eid el Kabir
It has become a norm in recent years for transport workers to increase fare during every festive period in Nigeria. As Muslim faithful continue the Eid el Kabir celebration today, some have travelled to celebrate with their loved ones in other states
Air Peace Deploys Embraer 195-E2 For Flight Operations
Air Peace has deployed its brand new Embraer 195-E2 airplanes for scheduled flight operations. The three ultramodern 124-seat capacity jets, delivered in the first half of 2021, commenced service on Monday amidst fanfare and excitement. Air Peace spokesperson, Stanley Olisa, stated that
Nigeria’s Inflation Drops For Third Straight Month
Inflation in Nigeria has dropped for the third straight month in the year 2021, according to the latest figures released by the National Bureau of Statistics (NBS). Inflation had consistently increased in Nigeria for 19 months since President Muhammadu Buhari decided to
Only Dangote, BUA, Golden Can Import Sugar – CBN
The Central Bank of Nigeria (CBN) has said that only Bua Sugar refining Limited, Dangote Sugar Refining Plc; and Golden Sugar Company, can import sugar into the country, with officially sourced foreign exchange, directly. A Central bank of Nigeria (CBN) circular to
IMB Report Confirms Piracy Decline In Gulf Of Guinea
The International Maritime Bureau (IMB) has given credence to Nigeria’s efforts in combating piracy in the Gulf of Guinea (GoG) including the Integrated National Security and Waterways Protection Infrastructure also called the Deep Blue Project of the Federal Government of Nigeria. This
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