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3 New Articles
  • 7 minutes ago Imo airport records 1st international flight, airlifts pilgrims to S/Arabia
  • 23 minutes ago Anambra, Lagos top UTME malpractices list
  • 50 minutes ago ‘Seven Doors’, ‘Lisabi’ win big at 11th AMVCA (Full list)
Home Business (page 292)

Business

MTN Nigeria launches home broadband service

By Breezynews
3 August 2022
in :  Business, Technology
0
176

MTN Nigeria Communications PLC has  launched its Home Broadband service to accelerate broadband penetration in the country. The General Manager for Fixed Broadband, Mrs Onyinye Ikenna-Emeka said the service was to meet the Federal Government’s plan to achieve over 70 per cent broadband penetration by 2025. She said with the service, customers now have an enhanced dedicated 24 hours support …

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NIMASA renews cadet training sponsorship

By Breezynews
2 August 2022
in :  Business, Maritime
0
89

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh has said that the agency is reviewing the cost of direct sponsorship of Nigerian cadets undergoing foreign training under the Nigerian Seafarers Development Programme (NSDP). He noted that the review of ongoing sponsorship cost has become necessary due to the global inflationary trends which is …

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Mega transformers arrive Sept to boost power supply – Minister

By Contributor
31 July 2022
in :  Energy, News
0
103

The Minister of Power, Abubakar Aliyu has assured that the first batch of mega transformers under the Presidential Power Initiative (PPI) would arrive by September. In a statement by his Media Adviser, Isa Sanusi on Saturday, Aliyu said the transformers had passed the factory acceptance test at the Siemens’ transformers factory in Trento, Italy. In December 2021, the Federal Executive …

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Aviation industry collapse imminent; domestic fare hits N150,000

By Contributor
31 July 2022
in :  Business, Aviation
0
344

Operators of the aviation sectors have expressed apprehension that the industry faces imminent collapse going by the increasing rise in the cost of aviation fuel and other operational components. By Friday, Jet A1 fuel (otherwise known as aviation fuel) sold for N1,000 per litre as against N300, the going price in February. This has led to significant increase in the …

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NIMASA elevates 3 Directors, 469 others

By Contributor
30 July 2022
in :  Business, Maritime
0
210

The promotion of three new Directors has been approved by the Board of the Nigerian Maritime Administration and Safety Agency (NIMASA).   They are: Mr Otonye Obom, Captain Umoren Sunday Michael and Mr Kazir Abubakar Musa.   Eighteen other officers of the agency were elevated to the position of Deputy Director, 20 to Assistant Director, while 431 others were promoted …

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Standbic IBTC Pension Managers assures customers of enhanced welfare

By Contributor
30 July 2022
in :  Business
0
123

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has affirmed its commitment to the well-being of its customers. Addressing the 2022 Stanbic IBTC Pension Managers Employers Forum, the Chief Executive of Stanbic IBTC Pension Managers, Olumide Oyetan said that the survival of business enterprises depends on ensuring the general well-being of their staff, and having a pension fund provides …

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NIMASA, NLNG work out collaboration

By Contributor
28 July 2022
in :  Business, Maritime
0
125

The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigeria Liquefied Natural Gas (NLNG) will set up a working committee towards improving liaison between them. This was agreed during a courtesy visit to NIMASA by the management team of NLNG, led by its Managing Director, Dr Philip Mshelbila. The Director General of NIMASA, Dr Bashir Jamoh said that a …

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Mouka staff, Udealor wins Risk Manager award

By Contributor
26 July 2022
in :  Business, Brands
0
113

Mouka, an employer of choice in Nigeria’s sleep industry, beamed with pride as one of its staff received recognition as the “Risk Manager of the Year 2022” at the prestigious Nigerian Risk Awards and Leadership Summit recently held in Lagos. The theme of this year’s edition was “Tech in Risk Governance and Leadership”. The Nigerian Risk Awards (NRA) recognises and …

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Maritime workers’ strike: Maersk Line grants importers extra operational days

By Alex Akao
24 July 2022
in :  Business, Maritime
0
158

Reprieve has come the way of importers and clearing agents in Lagos who have been granted delivery order extension for goods caught in the web of the strike embarked upon by dockworkers in Apapa ports. The industrial action has now been suspended. In an announcement over the weekend, Maersk Line, the parent body of APM Terminals, the affected traders and their …

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TinCan Customs records 27.5% revenue increase in 2022 half year, generates N274.3b

By Alex Akao
23 July 2022
in :  Business
0
171

The Tincan Island command of the Nigeria Customs Service generated over N274.3 billion in the first half of this year, according to its Area Controller, Mr Adekunle Oloyede. This is an increase of 27.5 percent from last year’s revenue of N229.3 billion, a development Oloyede attributed to the increase in export activities between January and June ending. The Controller said …

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