Month: May 2021
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Aviation & Maritime
Qatar Airways is already rehiring pilots and crew
As travel begins slowly recovering, Qatar Airways has begun the process of expanding once again. The airline is already recruiting…
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Business Insight
Path Solutions successfully completes system upgrade at Kuwait Finance House
Path Solutions, the global Islamic banking software company, has announced that Kuwait Finance House (“KFH”), Kuwait’s Islamic banking pioneer has…
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Business Insight
Dangote confirms interest in supply deals from its refinery by Middle East and western firms
Dangote Group, a Nigerian industrial conglomerate founded by Africa’s wealthiest person, Alhaji Aliko Dangote, has disclosed that oil giants from…
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Business Insight
Lafarge Africa announces 30.8% growth in 2020
Foremost cement manufacturer, Lafarge Africa Plc, said it posted 30.8 per cent growth in its recurring earnings before interest and…
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Business Insight
Shell collaborates with Rivers State Govt to inaugurate cassava processing company
Oil major, Shell, in partnership with the Rivers State Government, have inaugurated the multi-billion-naira Rivers Cassava Processing Company Limited, built…
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Business Insight
AMCON says AMP scheme is pivotal in recovery of over N5tn debt
The Asset Management Corporation of Nigeria (AMCON) has described the Asset Management Partners (AMP) Scheme as crucial in pursuing the…
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Business Insight
SEC to organize webinar to support mining sector through commodities exchange
Nigeria’s Security and Exchange Commission (SEC) is planning a webinar as part of measures to generate ideas and stakeholder buy-in…
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Aviation & Maritime
Aircraft lessors owed millions as AirAsia posts another loss
AirAsia has posted a US$236 million net loss for the first three months of 2021. The quarterly result follows a…
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Business Insight
CBN issues regulatory framework for non-bank acquiring in Nigeria
The Central Bank of Nigeria (CBN) on Friday, May 28, 2021, issued a regulatory framework for non-bank acquiring in Nigeria,…
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Aviation & Maritime
Six airports handled no passenger in 2020 – FAAN
No passenger travelled out or arrived at six airports in six Nigerian states in 2020, latest reports on air traffic…
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