The Austrian Ambassador to Nigeria His Excellency Thomas Schlesinger has commended the Acting Managing Director of the Nigerian Airspace Management Agency (NAMA) Mr. Pwajok Matthew Lawrence and his team for enhancing safety, efficiency and economy of air navigation by partnering with AVSATEL Communications Limited in the provision of world class Air Traffic Management systems, Communication…
13th June 2022, Lagos, Nigeria: Wakanow, Africa’s leading travel tech company, has collaborated with Dana Airlines, a fully private sector-owned carrier in Nigeria, it is expected that Wakanow will deliver real-time inventory and continuous flight schedules 24/7. By virtue of this partnership, Wakanow is the only official online travel agency with Dana Airlines Nigeria’s Live…
Visits to include MDAs, NGOs, other corporate bodies… The Federal Inland Revenue Service (FIRS) has stated that it would embark on a nationwide Value Added Tax (VAT) and Withholding Tax (WHT) compliance exercise from July, 2022. This information is contained in a public notice announcing the compliance monitoring exercise, and signed by the FIRS Executive…
The interim management of the national carrier, Nigeria Air, on Monday explained why the proposed new airline had not been able to take delivery of any aircraft required for its operations. Speaking at the headquarters of the Nigerian Civil Aviation Authority after receiving an Air Transport Licence for Nigeria Air, the Chief Executive of the…
Amid increasing calls for diversification of the economy, Nigeria’s crude oil exports jumped to N5.6trn in the first quarter of 2022, reflecting nearly 200 per cent increase when compared to the same period in 2021. The figures, contained in the Foreign Trade Report of the National Bureau of Statistics, said Nigeria’s total merchandise trade stood…
FirstBank delighted investors with a pleasant surprise when it announced stellar results confirming that its turnaround strategy pinned on the pillars of innovation, resilience and digging deep is working. Its profit after tax spiked 108% to N32.4billion on the back of massive loan recoveries and a sharply lower level of non-performing loans (6.1%). Its capital…
BtoB Events, organisers of Food & Beverage West Africa, has said that the trade show will return to Lagos in two weeks’ time. According to a statement, the exhibition will run from June 14-16 and will have more than 220 exhibitors from five continents taking part. The statement said the event would place a real…
Nigeria’s tier 1 lender, Access Bank, has pledged to fund entrepreneurs and create market access for small businesses by putting them in the right community. Speaking during a conversation with customers in the micro-, small- and medium- scale category, Deputy Managing Director, Access Bank, Victor Etuokwu, said the bank remained resolute in its drive to…
By Sam Adurogboye Permit me to start this conversation with a reference to the statement credited to Mahatma Gandhi, one of the most iconic leaders who ever lived. While this is in no way an attempt to make comparisons, Gandhi’s timeless words and his calm, peaceful approach to tackling some of the world’s most intractable…
