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By Abel Orukpe, Lagos   The Nigerian Civil Aviation Authority (NCAA), said it has approved the transition from the Aeronautical Information Service (AIS) to Aeronautical Information Management (AIM) for the Nigerian aviation sector. The regulatory body informed that what this means is that the approval...

By Akinwunmi King  - Lagos   THE Asset Management Corporation of Nigeria, AMCON, says it recovered 57 per cent of bad debts it took on five years...

By Akinwunmi King –  Lagos   The Central Bank of Nigeria (CBN) on Tuesday, said it was appraising the over 200 applications received in respect...

By Adam Adedimeji  -  Lagos   Lagos State Governor, Mr. Babatunde Fashola, on Tuesday commissioned the new 12MW Independent Power Plant (IPP) project...

By Emmanuel Okwuke - Lagos   The Nigerian Communications Commission (NCC) has banned MTN Nigeria Communications from implementation of a tariff plan called MTN TruTalk+ or face serious sanctions as the regulator said it did not give any approval for such service. The Commission also barred MTN from further advertisement of such service in the print, electronic media...

By Bamidele Ogunwusi and Akinwunmi King, Lagos   International Finance Corporation (IFC), a member of the World Bank Group, and Ecobank Transnational Incorporated, parent company of the Ecobank Group has announced the launch of a $110 million risk-sharing facility that will increase access to finance for small and medium sized enterprises in fragile and conflict-affected...

By Bamidele Ogunwusi  -  Lagos   Trading rebounded on the floor of The Nigerian Stock Exchange (NSE) on Tuesday when the twin market indicators–the All-Share Index and market capitalisation closed northward after appreciating by 0.43 percent each. The All Share Index appreciated by 146.83 basis points or 0.43 percent to close at 34,298.64 points as against 34,...

The Central Bank of Nigeria (CBN) recently reminded banks operating in the country that Section 15 of the CBN Act 2007 provided that the unit of currency...

• Balogun Emerges New Chairman Stories by Bamidele Ogunwusi Lagos   Shareholders of Lafarge Africa Plc have approved the N15.855 billion dividend recommended by the Board of Directors for the year ended December 31, 2014. The shareholders, who gave the approval at the 56th Annual General Meeting (AGM) of the company in Lagos, commended the board and management for...

Known for its unique initiatives targeted at enriching lives and in fulfillment of its promise to continuously reward customer loyalty, children with the Bank’s ‘I Can Save account’, one of the products on the staple of Sterling Bank Plc, are in for a good moment as the Bank rolls out plans to celebrate the 2015 Children Day in Nigeria. Top on the agenda is the presentation...