The Director-General, Nigeria Civil Aviation Authority (NCAA), Capt. Chris Najomo has approved the resumption of domestic flight operations of Max Air following the successful completion of an economic and safety audit. Max Air voluntarily suspended its domestic operations for 90 days after a series of incidents on its flights. The decision took effect from midnight…
President of Dangote Industries Limited, Aliko Dangote, has disclosed his plan to build a multi-billion-dollar seaport, which will be the largest in Nigeria in Ogun State. He also said two new lines with a capacity of 6.0 million metric tons per annum for the cement plant is being constructed at Itori Addressing the Ogun State…
Nigeria, Africa’s largest oil producer, has set a long-term ambitious target of achieving a seven per cent yearly Gross Domestic Product (GDP) growth rate to reduce poverty and sustain national development. For this year, the economy is projected to grow by 4.6 per cent, setting the foundation for this ambitious goal. Minister of Finance and…
The Housing Development Advocacy Network (HDAN) has called on President Bola Tinubu and the National Assembly to incorporate tax relief measures for developers of social housing and building materials in the proposed Nigeria Tax Bill 2024. A statement endorsed by its Executive Director, Festus Adebayo, emphasized that excessive taxation could hinder the delivery of affordable…
Managing Director, Rural Electrification Agency (REA), Engr. Abba Aliyu has said the Federal Government has approved the establishment of N500 million Renewable Asset Management Company targeted at raising N1 trillion for intervention in the industry in the absence of loans and grants. He spoke during the signing of a Memorandum of Understanding (MoU) with 10…
Nigeria’s power sector, electronic commerce and real estate have emerged lowest in customer service index released by the Nigeria Customer Service Index (NCSI) yesterday in Lagos. Entitled: State of Customer Service in Nigeria Report for 2024, the report showed that the e-commerce sector with big players such as Konga, Jumia took a hit declining from…
Schneider Electric has reaffirmed its position as an employer of choice, showcasing its commitment to promoting gender equality and accelerating employee growth from entry-level to leadership. The energy company which spoke to commemorate this year’s International Women’s Day (IWD) with Accelerate Action as theme, emphasizes the urgency of addressing systemic gender biases and taking swift…
The Federal Government is set to begin implementing the $200 million African Export-Import Bank (Afrexim) fund to boost tourism and the creative economy on June 1. The Minister of Arts, Culture, Tourism, and Creative Economy, Hannatu Musa Musawa, who made the disclosure on Wednesday, also revealed that efforts are underway to mobilize $2 billion in…
Nigeria must create a favorable business environment and attract the right mix of domestic and international investments to boost its renewable energy sector, experts have urged President Bola Tinubu. The experts spoke during a legal and policy workshop workshop organised by Natural Justice, the Renewable Energy Association of Nigeria (REANO), and Just Energy Transition Africa…
