Month: December 2020
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Aviation & Maritime
Global air passenger traffic to drop by 60% to 1.8bn in 2020
The COVID-19 pandemic has had a devastating impact on the airline industry, as countries worldwide shut down borders and limited…
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Business Insight
First Exploration and Production strikes oil at former Chevron Nigeria Limited oilfield
A Nigerian firm, FIRST Exploration & Petroleum Development Company Limited, has struck oil from an oilfield it acquired following the…
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Business Insight
SON seals ASPAMDA Plaza over adulteration of lubricants
The Standards Organisation of Nigeria (SON) on Thursday sealed a plaza at the Auto Spare Parts and Machineries Dealers Association…
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Business Insight
Ex-NERC Chairman calls for regionalisation of power grid
A former Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr Sam Amadi, has advocated the regionalisation of power grid…
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Aviation & Maritime
Delta once planned a massive Africa expansion – What happened?
Over a decade ago, Delta Air Lines planned a massive Africa expansion. The airline planned eight new routes to Africa,…
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Business Insight
Licenses of seven dormant payment service providers withdrawn
For being dormant for a continuous period of six months, the operating licences of seven dormant payment service providers (PSPs)…
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Business Insight
COVID-19: NAFDAC to give emergency approval for N400bn vaccines
The National Agency for Food and Drug Administration and Control (NAFDAC) is expected to give emergency approval for COVID-19 vaccines…
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Business Insight
Explore new opportunities that AfCFTA offers, Adebayo appeals to Nigerian entrepreneurs
The Federal Government has urged Nigerians, particularly industrialists; to take advantage of inherent opportunities to promote Made-in-Nigeria goods as the…
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Aviation & Maritime
Southwest CEO flies on 737 MAX ahead of return to service
The recertification of the Boeing 737 MAX by the Federal Aviation Administration has allowed airlines to start planning its reintroduction.…
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Aviation & Maritime
Covid 19: FAAN grants six months waiver to airport clients
The Federal Airport Authority of Nigeria (FAAN) has granted a six-month waiver on rental charges to all clients in airports…
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