Business

Dana Air, Akwa United FC Sign Sponsorship Deal Worth Millions

  As part of its commitment towards sports development in Nigeria and making the Nigerian Professional Football League more glamorous, Dana Air today unveiled another sponsorship deal worth millions  of Naira with the current NPFL league leaders Akwa United FC of Akwa Ibom State. Under this deal, Dana Air will get branding opportunities for the […]


Samsung Stops Plans To Build Manufacturing Plant In Nigeria

  …Cites Small Market Share, Low Return On Investment, Infrastructure Samsung, the electronics giant has attributed its decision not to build a manufacturing plant in Nigeria to its small market share and low Return On Investment (RON). This was disclosed by the Chief Executive Officer of Samsung Electronics, Africa, Sung Yoon at a media parley […]


Dana Air Seals Sponsorship Deal With Heartland FC Of Owerri

  The airline partnership between Dana Air and the Imo State Government have started yielding benefits with the recent signing of  a multi-million Naira sponsorship deal with Heartland football club of Owerri. The season-long  sponsorship deal which is part of the airlines’ support to the newly-promoted Imo state based team’s 2018 league  campaign,  will see […]


Lagos Concessions Construction Of Ferry Terminal Building To Private Firm For 12 years

  The Chief Executive Officer of Lagos Ferry Services Corporation(LFSC), Mr. Kalejaiye Adeboye has disclosed that state has concessioned the building and operation of the ferry service to a private firm for 10 years and additional two years moratorium. This is just as he stated that the company, whose identity he did not disclose would […]


Capacity Development: AIB To Host BAGAIA Accident, Incident Report Training

  …To Train 20 Of the Bureau’s Safety Investigators   Capacity building in the aviation industry has received a boost as Nigeria’s Accident Investigation Bureau (AIB) has concluded plans to host a meeting of the Banjul Accord Group Accident Investigation Agency (BAGAIA) on a four day aircraft accident/incident report writing course slated for January 16-19, […]


Dana Air Makes List Of Top 50 Brands In 201

  …Partners IdeasHouse On In-Flight Sampling.   For its innovations, Corporate Social Responsibility (CSR), popularity, national spread and online engagement, Dana Air, a subsidiary of the Dana Group of companies has made the list of top 50 brands 2017 for the 3rd time consecutively, at the Brands Nigeria Leadership Forum held recently at Oriental Hotels, […]


Police Arraigns Company’s MD For Issuing Dud Cheques

  The Special Fraud Unit (SFU), of the Nigeria Police Force today  arraigned one Abiodun Adisa, the Managing Director of Picket Suites and Services Limited, before a Federal High Court, Lagos, for issuing dud cheques of total value of N130 million. Adisa was arraigned on a 15 count-charge bordering on the alleged offence. SFU in […]


Man Hacks Unity Bank’s Account To Steals $64.8 From ATM

    A 37 year-old man, Adeagbo Samson Banyonle, has been arraigned before an Igboosere Chief Magistrate’s Court, Lagos, for allegedly hacking into the account of Unity Bank Plc, and steal the sum of $64, 822. 97, 97, from the bank’s Automated Teller Machines (ATMs). The accused was alleged to have committed that act with […]


Judge’s Absence Stalls $17.5M Fraud Against Zenith Bank, 5 Others

  Hearing of the criminal charge against Zenith Bank Plc and five individuals, at the Federal High Court, Lagos, suffered a set back today, due to the absence of the trial judge. Consequently, the matter has been adjourned till February 16, 2018. Zenith Bank Plc alongside  Kayode Esho, Austin Udakpo, Kelechi Chukwueke, Ezeduka Chigozie and […]


Air Peace Boss Tasks Lawyers On Opportunities In Aviation Sector

  Chairman/Chief Executive Officer of Air Peace, Mr. Allen Onyema has challenged lawyers in the country to think outside the box and position themselves to benefit from the boundless opportunities the aviation sector offers. Onyema gave the advice at the Nigerian Bar Association (NBA)-Section on Business Law, Aviation Committee Conference tagged, “Unlocking the Potential of […]