General

CBN introduces use of Form X for SMEs

As part of its determination to increase foreign exchange liquidity and improve access by Small and Medium Enterprises (SMEs) and retail businesses, the Central Bank of Nigeria (CBN) has introduced the use of FORM X for the SMEs that requires just basic documentation. Confirming the new development, the apex Bank spokesman, Mr Isaac Okorafor, said […]

General

Abuja airport ready for use after rehabilitation of runway

The Director-General, Nigerian Civil Aviation Authority (NCAA), Mr Usman Muktar, says the Nnamdi Azikiwe International Airport, Abuja, runway is ready for operation and can be opened on Wednesday. Muktar stated this while speaking with newsmen during an inspection of the airport’s runway on Monday in Abuja. The Abuja airport was closed on March 8 for six weeks to enable rehabilitation […]

General

Amaechi may sue Fani-Kayode, Fayose’s aide over Ikoyi billions; demands N1.25b, apology

One-time Minister of Aviation, Chief Femi Fani-Kayode, has been given seven days to pay N500 million and apologise for his Twitter post alleging linking Transport Minister Chibuike Rotimi Amaechi to the over N13 billion recently found by the Economic and Financial Crimes Commission (EFCC) in Osborne Towers, Ikoyi Lagos. Similarly, Lere Olayinka, Media Aide to […]

General

Work begins on Akwa Ibom International Market

A consortium of Chinese Companies has concluded arrangements for the take-off of construction of an International Market at Ikot Ekpene and Eket local government areas of Akwa Ibom State. The consortium companies comprises of China Railway and Airport Construction Company, Yiwu International Market Group, Ande Logistics, Forte Energy and Jaagris Nigeria Limited. The leader of […]