Business

Business

  • Business

    ILR promises car, Dubai trip to members

    LUCAS AJANAKU A firm, ILR at the weekend in Lagos promised a N2million car, all expenses paid trip to Dubai and cash reward for its inaugural promotion package for its subscribers. Its Group Managing Director, Michael Oluwafemi, who spoke to reporters said the firm is a registered organisation with group of companies that focuses on production, processing and distribution. The organisation currently...

    • 5 hrs ago
  • Business

    NCC, CBN, EFCC for mobile money confab

    LUCAS AJANAKU The Central Bank of Nigeria (CBN), Economic and Financial Crimes Commission (EFCC), Nigerian Communications Commission (NCC), banks and other mobile money operators are expected at the mobile money conference organised by the Association of Licensed Mobile Payment Operators (ALMPO). With Mobile Money: Beyond Payments as theme, the forum is scheduled for November 27 at Four Points by Sheraton...

    • 5 hrs ago
  • Business

    Playing footsy with Critical National Infrastructure Bill

    Having exceeded the 30 per cent broadband target of the National Broadband Plan 2013-2018, focus is now on the 70 per cent target. The Ministry of Communications and Digital Economy, working with the Nigerian Communications Commission (NCC) and others, must lobby the National Assembly to pass the Critical National Infrastructure Bill into law, writes LUCAS AJANAKU. When a member of...

    • 5 hrs ago
  • Business

    'Galaxy Fold is game changer'

    LUCAS AJANAKU The Managing Director, Samsung Electronics West Africa, David Suh, has said the Galaxy Fold will redefine the way smartphones are used in the country. Speaking during the unveiling of the device in Lagos at the weekend, he said: "Samsung prides itself on being at the forefront of design and technology innovation and the Galaxy Fold is a testament to this. "Quite simply, it's a device...

    • 5 hrs ago
  • Mari Time

    AfCFTA: MOWCA seeks closer collaboration of African navies

    By Muyiwa Lucas The Secretary General of Maritime Organisation of West and Central Africa (MOWCA), Alain Michel Luvam-bano, has advocated stronger collaboration of navies and coast guards in Africa to harness the benefits of the African Continental Free Trade Area (AfCFTA) agreement. Luvambano, who commended the Nigerian government for being the first to come up with an anti piracy law...

    • 5 hrs ago
  • Mari Time

    Uniting against 'extortion'

    The increasing cost of maritime operations, especially as it affects freight forwarders and transporters, among others, may have set the tone for a showdown between shipping firms and terminal operators, MUYIWA LUCAS reports One by one, they trickled into the expansive hall; and, within minutes, the venue was filled with diverse people and interest groups, who gathered in one accord to discuss their common...

    • 6 hrs ago
  • Business

    Turkish Airlines records increase in passenger traffic

    KELVIN OSA - OKUNBOR Turkish Airlines recorded 83.3 per cent improvement in passengers and cargo figures last month. According to a statement from the airline, its October 2019 traffic result indicated that the number of passengers carried increased by 1.9 per cent - 6.6 million passengers. It said domestic load factor was 86.2 per cent while international load factor was 82.9 per cent....

    • 6 hrs ago
  • Business

    Towards efficient airport systems

    Plans by the government to concession some international airport terminals has triggered a debate on what model of running airports can achieve effienciency. Some experts say adopting the template in place across the globe is a viable option, writes KELVIN OSA - OKUNBOR Efficient airports are drivers and catalysts of socio- economic development. But, as a critical air transport infrastructure, how such...

    • 6 hrs ago
  • Business

    Licence renewal: NIWA may sanction dredgers

    By Adeyinka Aderibigbe The Lagos Area Office of National Inland Waterways Authority (NIWA), on Friday, gave dredgers till January 31, to obtain their permits or leave the dredging business. NIWA Lagos Area Manager Saraat Braimah made this known while speaking with stakeholders at the BCIS Garden, Lekki Phase 1, Lagos. She said any operator, who did not have dredging permit, would not be allowed to...

    • 6 hrs ago
  • Business

    Road Safety: When past meets present for tomorrow

    At a seminar in Lagos, Special Marshals of the Federal Road Safety Corps (FRSC) left none in doubt of their readiness for the challenges of road safety in modern times, writes ADEYINKA ADERIBIGBE Former Minister of Defence and pioneer Corps Marshal of the Federal Roads Safety Corps Dr. Olu Agunloye set the tone, last Thursday, for the needed retooling of the Special Marshal - the volunteer...

    • 6 hrs ago

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