S&P Assigns ‘B/B’ Ratings And Stable Outlook On UBA Plc; At Par With The Nigerian Sovereign

S&P Assigns ‘B/B’ Ratings And Stable Outlook On UBA Plc; At Par With The Nigerian Sovereign

International Rating Agency, Standard and Poor’s (S&P) assigned  its ‘B’ long term and ‘B’ short term global scale counterparty credit ratings to the United Bank for Africa Plc (UBA). These ratings on the pan African financial institution, United Bank for Africa (UBA) Plc, are at par with S&P ratings on the Nigerian Sovereign. More so, […]

ANLCA, NAGAFF Make Peace, Vow To Tackle Maritime Anomalies

ANLCA, NAGAFF Make Peace, Vow To Tackle Maritime Anomalies

By Ajibola Abayomi, Lagos National Association of Government Approved Freight Forwarders (NAGAFF)  and Association of Nigerian Customs Licenced Agents (ANLCA) have resolved their age long differences in the Maritime sector. The two major associations in the freight forwarding business have agreed to henceforth  tackle the excesses of operators as well as that of government agencies. […]

NCC Launches 2017 Year of Nigerian Telecom Consumer In Lagos, Assures On Improved QoS

NCC Launches 2017 Year of Nigerian Telecom  Consumer In Lagos, Assures On Improved QoS

By Patrick Aigbokhan The Nigerian Telecommunications Commission (NCC) has finally launched its 2017 Year of the Nigerian Telecom Consumer initiative in Lagos, aimed at curbing the influx of unsolicited voice calls and text messages into the lines of mobile phones networks subscribers in the country. With the development, the commission also assures all telecommunications services […]

Oil Spill: Experts Warn Ogoni Residents To Stop Consuming Sea Food, Water

Oil Spill:  Experts Warn Ogoni Residents To Stop Consuming Sea Food, Water

Paul Obiajunwo, Port Harcourt   Oil spill and environmental experts from Canada yesterday called on Ogoni residents who have no alternative to relocate from their affected oil spill locality to stop   consuming sea food and contaminated water from the river.   The environmental activists made the call during awareness program on environmental Remediation, Clean-up Technologies […]

Elumelu, African leaders commend AFC on World Class Governance Standards

Elumelu, African leaders commend AFC on World Class Governance Standards

Chairman, United Bank for Africa Plc, Tony O. Elumelu, has hailed the African Finance Corporation on its various initiatives and contributions targeted towards supporting African economies in the last few years noting that these initiatives have gone a long way in fostering growth and diversity on the continent. Elumelu , who gave this commendation during […]

No Going Back On AIM Implementation – Akinkuotu

No Going Back On AIM Implementation – Akinkuotu

By Patrick Aigbokhan Capt. Fola Akinkuotu, Managing Director, Nigerian Airspace Management Agency (NAMA) has said the agency will not relent in its commitment to accelerating the digitalization of Aeronautical Information Service (AIS) in the country. The move, according to NAMA, is in view of the centrality of data automation to the overall safety of civil […]

SAHCOL Takes Over Handling Services For 3 New Airlines

SAHCOL Takes Over Handling Services For 3 New Airlines

By Patrick Aigbokhan The Skyway Aviation Handling Company Limited (SAHCOL), ground handling company of the SIFAX Group of Companies, has won three additional airlines to its clientele base for ground handling services. The development, according to a statement by the company, is in further pursuit of its value adding services. The new clients are Fly […]

Five Richest Nigerians’Wealth Enough To End Poverty in Nigeria – Oxfam Report

Five Richest Nigerians’Wealth Enough To End Poverty in Nigeria – Oxfam Report

Chris Steven, Abuja  Lifting all Nigerian people living below the extreme poverty line of $1.90 out of poverty for one year will cost about $24 billion, an international humanitarian non-governmental organisation, Oxfam has said. The organisation in a report titled “Oxfam Nigeria Inequality Report” released on Wednesday said “This amount of money is just lower […]

FG Spends N41.714bn On Social Investment Project

FG Spends N41.714bn On Social Investment Project

The Federal Government, on Tuesday provided further updates on its ongoing social investment programmes for which N41.714bn has been spent already implementing different aspects of the four Social Investment Programmes, with over one million beneficiaries, including 57,234 interest free loans to artisans and traders. Of that amount, N-Power, the job programme for unemployed graduates has […]

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