Following a report making the rounds that the Minister of transportation, Rotimi Amaechi was involved and escaped an ambush on passengers that disembarked the train at Rigasa around Mando area, the Minister has taken to his twitter page to describe the report as concocted.The attack allegedly took place around 8:05 pm on Sunday night.
Category: ECONOMY
CILTN Supports Okada Ban in Lagos_Ada Nkong
The Chartered Institute of Logistics and Transport Nigeria, CILTN says its organisation is in support of the recent ban of motor cycles and tricycles otherwise known as okada and Keke Maruwa by the Lagos State government in major areas across the State .Speaking in an interview over the weekend, the Chairman of the young professionals… Continue reading CILTN Supports Okada Ban in Lagos_Ada Nkong
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Flights Resume at MMIA Lagos_Ada Nkong
Both international and domestic flight operations have resumed at the Murtala Mohammed International Airport Lagos.Flights had been diverted or cancelled because of inclement weather conditions. A statement signed by Mr James Odaudu Director Public relations says the following airlines had flights into lagos Below is a listing of flights into Lagos as at Saturday from… Continue reading Flights Resume at MMIA Lagos_Ada Nkong
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Aviation Union Leaders Task Government on National Carrier _ Jeff Omokhodion
Aviation union leaders have faulted the folding up of the defunct Nigerian airways.Speaking during the 7th aviation workers week celebration in Abuja, they urged the federal government to learn from the mistake of the past and ensure proper regulation.The theme of this year's celebration is CONTRIBUTIONS OF A NATIONAL CARRIER TO THE SOCIO-ECONOMIC DEVELOPMENT OF… Continue reading Aviation Union Leaders Task Government on National Carrier _ Jeff Omokhodion
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Discos, TCN demand another tariff hike_Femi Ehiabhi
Power distribution companies and the Transmission Company of Nigeria Plc have applied to the Nigerian Electricity Regulatory Commission for a review of their tariffs. NERC, in a document seen by our correspondent, said the request for rate review was premised on the need to incorporate changes in macroeconomic parameters and other factors affecting the operational… Continue reading Discos, TCN demand another tariff hike_Femi Ehiabhi
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FIRS 2020 REVENUE TARGET IS N8.5 TRILLION_Ehiabhi Femi
The Federal Inland Revenue Service (FIRS) says it is targeting N8.5 trillion revenue for the country in 2020. The Executive Chairman of FIRS, Mr Muhammad Nami, disclosed this at the 2020 Corporate Plan Retreat in Abuja on Friday. Nami said that the 2020 target was slightly lower than the 2019 target by about N300 billion.… Continue reading FIRS 2020 REVENUE TARGET IS N8.5 TRILLION_Ehiabhi Femi
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Court Upholds Nigerian Shippers Council as Port Economic Regulator_Ada Nkong
A Federal High Court sitting in Lagos has reaffirmed the role of the Nigerian Shippers’ Council (NSC) as Economic Regulator of Nigerian Ports . This follows the dismissal of a suit brought before it by Associated Ports and Marine Development Company (APMDC) Limited. The Plaintiffs had challenged the legitimacy of the Nigerian Shippers’ Council’s directive… Continue reading Court Upholds Nigerian Shippers Council as Port Economic Regulator_Ada Nkong
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New Policy of “Three Phone lines Only” Coming-Isah Pantami_Ehiabhi Femi
The section said the minister had the power to notify the NCC, and, or, express his views on the general policy direction of the Federal Government in respect of the communications sector.
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Non Performing Loans: Banks recover N39.4Bn From ICT Sector_Ehiabhi Femi
The Central Bank of Nigeria, in its Revised Draft Guidelines for the banking sector, directed all banks to review their credit portfolio at least once in a quarter in order to recognise deterioration in credit quality.
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