Aero Contractors Airlines yesterday suspended its scheduled service operations, citing inability to cope with the current harsh economy. Closure of the 53-year-old airline, the second largest in the country, took effect when its Lagos headquarters was vacated around 2pm. The airline, however, said the shutdown was temporary, adding it would return to business in the […]
Month: September 2016
Olamide, Inyanya to headline Yudala Zero Gravity
Trending A-list artistes, Olamide and Iyanya have been confirmed as part of the headline acts for a mega digital entertainment concert tagged Yudala Zero Gravity, which kicks off with a contemporary music blast at the Landmark Event Centre, Oniru-Lagos on October 2nd. Yudala Zero Gravity is powered as a mega three-city dual concert featuring the […]
Ministry breaks good news about economy, says growth rate likely to beat IMF prediction
As emphasis on capital expenditure by the Federal Government begins to yield positive results with investment/GDP ratio increasing, the GDP growth rate of the Nigerian economy is likely to beat the IMF prediction of -1.8% for the full year 2016, the Ministry of Budget and National Planning has indicated. Although the recent data released from […]
Mark Zuckerberg lauds Africans’ ‘can-do’ spirit
Africans’ entrepreneurial spirit, energy, and will to succeed are “underappreciated” across the world, Facebook founder and CEO Mark Zuckerberg said Wednesday on a visit to Nigeria’s commercial capital of Lagos. “The thing that is striking [about Lagos and across Africa] is the entrepreneurial energy and the will to succeed,” Zuckerberg told a town hall in […]