Business news
A stakeholders’ dialogue forum organised by the Lagos Chamber of Commerce and Industry to discuss the recent amendments to the Land Use Charge Law by the Lagos State Government on Friday generated a heated debate between representatives of the state government, property owners, estate developers and members of the Organised Private Sector. The Commissioner for […]
The Federal Government on Friday announced that it would be forwarding loan request documents to the China Exim Bank for the release of funds in order to commence construction work on the Ibadan-Kaduna railway project. According to the Minister of Transportation, Rotimi Amaechi, the government is optimistic that China will release the loan this year […]
The Nigerian Civil Aviation Authority has said that it cannot sanction any airline involved in the recent air incidents witnessed in the sector without having complete investigative reports on the various incidents. According to the NCAA, the recent incidents at airports involving some domestic airlines are largely due to increased activities in the aviation sector, […]
The National Insurance Commission on Friday confirmed it had taken over the management of Unic Insurance Plc to re-position the company for better performance. NAICOM’s spokesman, Mr. Rasaaq Salami, said in an interview with the News Agency of Nigeria in Lagos that the takeover became imperative to rescue the company from distress. Salami said the commission […]