Business

N5.5B Debt: Court Fixes February 28 For Adoption Of Written Addresses On Honeywell, Ecobank’s Dispute

      By Gbenga Ogunbufunmi   A Federal High Court sitting in Lagos, today, fixed February 28, for adoption of written addresses of Honeywell Group of Companies Limited and Ecobank Plc, over the disputed N5.5 billion debt. Justice Ayotunde Faji, who presided over the matter fixed the date after Ecobank Plc’s counsel, Mr. Agbua […]


Dana Air Partners Project PinkBlue To Raise Over N6M For Cancer Patients

    Dana Air has collaborated with Project PinkBlue, a nongovernmental organization to raise over N6 million to support people impacted by cancer and treatment of two cancer patients at a music and comedy fundraising recently in Abuja. According to the Executive Director of Project PinkBlue, a Cancer-fighting nongovernmental organisation, Runcie C.W. Chidebe, said, “Our […]


CBN To Sell N823.4B Treasury Bills In Quarter 1 Of 2019

    The Central Bank of Nigeria (CBN) has disclosed that it planned to raise Treasury Bills(TB)worth N823.43 billion in the first quarter of 2019. The Apex Bank disclosed this in its 2019 Nigerian Treasury Bills Issue Programme for the first quarter of the year posted on its website. CBN explained that the bills that […]


Runsewe Hails Gen. Marwa Led Committee On Drugs

  The Director-General of the National Council for Arts and Culture(NCAC), Otunba Segun Runsewe has hailed the initiative of the Gen. Buba Marwa-led Presidential Advisory Committee on the Elimination of Drug Abuse (PACEDA). He said that the initiative is a welcome development considering the challenges of drug abuse amongst Nigerians especially the youths. Runsewe, who […]


NAHCo Secures ISAGO Re-Certification

  …Obtains RA 3 Revalidation   The much – acclaimed excellent service delivery of Nigerian Aviation Handling Company Plc (NAHCo Aviance) has received further boost following the re-certification of its operations by the International Air Transport Association (IATA). An online statement issued by the Manager, Communications & Corporate Services, NAHCo, Tayo Ajakaye, stated that the […]


Embraer, Boeing Approve Terms Of Strategic Aerospace Partnership

  …Awaits Brazilian Government Approval Embraer and Boeing have approved the terms of a strategic partnership that would position both companies to accelerate growth in global aerospace markets. The approved terms define the joint venture comprising the commercial aircraft and services operations of Embraer, in which Boeing will hold an 80 per cent ownership stake […]


FMT& A Cooperative Society Trains Over 200 Members On Entrepreneurship, Retirement

    The Federal Ministry of Transport and Aviation (FMT&A) Cooperative Society has trained over 200 members in the area of entrepreneurship and retirement planning. According to the society, the move is part of its objectives to continuously build capacity for their members. The members drawn across the various sectors benefitted from different training programmes […]


Dana Air Extends Akwa United Sponsorship Deal To 2018/19 League Season

    Dana Air, one of Nigeria’s leading airlines said it has extended its multi million sponsorship deal with Uyo based Akwa United FC of Akwa Ibom State for the 2018/19 League season. Speaking at a brief ceremony in the conference room of the Godswill Akpabio International Stadium, the Media and Communications Manager of Dana […]


SAHCO PLC Renews Ground Handling Deal With Arik Air

  The Skyway Aviation Handling Company (SAHCO)PLC  said it has renewed its ground handling contract with Arik Air. Speaking at the renewal of the ground handling service agreement with Arik Air at the Murtala Muhammed Airport (MMA), Lagos, the Managing Director/CEO, SAHCO PLC, Mr. Basil Agboarumi, promised to deliver quality and improved ground handling services […]


NAHCo Posts N7.25B Turnover In Q3 Results

  …Leverages On Service, Process Improvements Still basking in the euphoria of an excellent half – year performance, the Nigerian Aviation Handling Company plc (NAHCo Aviance) has again posted impressive Q3 results. Figures released to the Nigerian Stock Exchange (NSE), showed that the ground handling company recorded an impressive N7.25 billion turnover for the nine-month […]