A return to growth in output and stronger inflows of new orders helped underpin a further improvement in operating conditions in the Nigerian private sector during July. In turn, businesses increased their purchasing activity at the strongest rate for five months while stocks increased sharply. Despite stronger inflows of new work, employment growth eased and…
The Nigerian Airspace Management Agency (NAMA) has affirmed that all Federal and State Government owned airports in the country have approach and landing navigational aids, as well as Satellite Based Performance Based Navigation procedures that can enable aircraftoperate at any time of the day into these airports. Making this revelation in Lagos at the 26th…
Stanbic IBTC Insurance Brokers Limited, a subsidiary of Stanbic IBTC Holdings has reiterated its resolve to boost its customers’ experiences while they enjoy their holidays with the Stanbic IBTC Travel Insurance policy. Anselem Igbo, Chief Executive Stanbic IBTC Insurance Brokers Limited, disclosed this while emphasising the importance of having a travel insurance cover. Anselem pointed…
….As turnover grows by 44% The Nigerian Aviation Handling Company Plc (NAHCO Plc) held its 41st Annual General Meeting (AGM) in Lagos , July 29, 2022. At the AGM, which was held both physically as well as virtually, the Board of the company informed Shareholders that the group turnover stood at N10.2 billion, representing a…
The Lagos Chamber of Commerce and Industry has told the Federal Government to jettison its plan to ban the activities of miners in the country. The chamber made the call in a statement titled, “LCCI statement on the proposed nationwide ban on motorcycles and mining activities,” which was signed by its Director-General, Dr Chinyere Almona….
The United States International Development Finance Corporation and Access Bank has said a $280m deal that will boost Small and Medium-scale Enterprises’ financing in Nigeria. The Chief Executive Officer, US International Development Finance Corporation, Scott Nathan, signed a commitment letter for the $280m in financing for Access Bank Plc in Nigeria alongside Access Bank Managing…
Oil giant, TotalEnergies E&P Nigeria Limited, has inaugurated infrastructure projects, including a technical workshop at the Government Technical College in Port Harcourt, Rivers State. The development projects, which also consist of a 200-bed hostel and a 25-block classroom, are in fulfillment of TotalEnergies’ commitment to the Nigerian Content Development and Monitoring Board’s priority on human…
RMBNigeria said it is proud to have worked with Dangote Industries Limited to facilitate a corporate bond issuance in the Nigerian capital markets. It said the N187.58bn Series 1 issuance was aimed at part-financing the completion of the Dangote Petroleum Refinery Project, a key infrastructure project for Nigeria and West Africa, which is currently scheduled…
In June 2021, the Federal Inland Revenue Service (FIRS) introduced its Naira denominated tax filing platform, the TaxPro Max, an online platform meant to ease tax compliance and modernise tax administration in the country. This is in compliance with the provisions of the Finance Act 2020 which empowers the FIRS to automate tax return filing…
