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New FAAN MD engages AON, AOC

By Foster Obi   The Managing Director of the Federal Airports Authority of Nigeria, Capt Rabiu Hamisu Yadudu yesterday held a meeting with Airline Operators of Nigeria (AON) and Airline Operating Committee (AOC). A statement signed by Yakubu Henrietta, General Manager, Corporate Affairs, said the meeting was held at the Headquarters of the Authority in […]

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Banks to go harder on chronic debtors

The Committee of Banks’ Chief Executive Officers in Nigeria has underlined urgent the need for all banks to cooperate and collaborate to identify and go tougher on chronic debt defaulters. The committee said this would go beyond publishing names of such defaulters in national media (which is inevitable), but involved all banks speaking with one […]

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‘African free trade zone comes into effect’

An African free-trade zone came into force Thursday; a step toward creating what the African Union hopes will be a continent-wide market of 1.2 billion people worth $2.5 trillion. “This is a historic milestone!” tweeted Albert Muchanga, AU commissioner for trade and industry. “We celebrate the triumph of bold, pragmatic and continent-wide commitment to economic […]