Business news
Fidelia Okafor Lyxor International airline has been sanctioned by the Nigerian Civil Aviation Authority (NCAA) for violating the terms of approved flight clearance for its type of operation. The regulatory authority grounded the airline’s aircraft at the Nnamdi Azikiwe International Airport, Abuja on February 16, for the violation of airspace regulation. The aircraft owned by […]
Fidelia Okafor The Federal Airports Authority of Nigeria (FAAN) said the facilities at the Kaduna International Airport are in proper condition. ElifuevAgbi, the Acting General Manager, Safety Services during inspection at the Kaduna International Airport said: “The operations at the airport since the diversion of traffic from Abuja airport has been smooth. To move traffic […]
Winifred Bosa. To end Tuberculosis , (TB) in our world , we must support TB patient in ending the death, stigma and difficulties associated with TB and also collectively help them, increase their access to quality care, said Pharmaceutical Society of Nigeria (PSN). Pharm. Ahmed I. Yakasai, President of PSN in a said this in […]
Winifred Bosa. African hospitals adopt SOPHiA artificial intelligence to trigger continent-wide healthcare leapfrogging movement. This means that as new users of SOPHiA, they become part of a larger network of 260 hospitals in 46 countries that share clinical insights across patient cases and patient populations, which feeds a knowledgebase of biomedical findings to accelerate diagnostics […]
Nigeria’s Foreign Affairs Minister, Geoffrey Onyeama, has met with his Polish counterpart, Minister Witold Waszczykowski to discuss ways to boost economic, military and security ties between both countries. Onyeama said Nigeria is eager to diversify its “mono-economy” and is ready to partner with Poland to achieve this. “I think there is a lot that we […]
Amaka Obiefuna. The Central Bank of Nigeria (CBN) has released the sum of $85 million for sale to Deposit Money Banks (DMBs) at the rate of N 357/$1 for onward sale to retail end-users at not more than N360/$1, for invisibles such as Basic Travel Allowance(BTAs), medicals, school fees, etc. The Bank on Monday also […]
Fidelia Okafor. The Federal Government has concluded plans to borrow 6.1 billion dollars from Chinese Exim Bank to complete all rail projects in the country by 2019. The Minister of Transportation, Mr Rotimi Amaechi in a statement in Abuja made this known during the Ministry’s 2017 budget proposal defence at the National Assembly in Abuja. […]
Winifred Bosa. The Nigeria Customs Service has intercepted trucks laden with smuggled drugs worth N242,688,000. The drugs identified as Tramadol Hydrochoride tablets in the range of 225mg/200 mg were seized along Lagos Ibadan / Apapa Road. Controller General of Customs, Col. Hameed Ali said that the drugs were concealed in a total of 5,056 cartons. […]
Fidelia Okafor. The Nigerian Government has said that the six weeks period given for the temporary closure of the Nnamdi Azikwe International Airport in Abuja for reconstruction work remains sacrosanct. The country’s Minister of Information and Culture Alhaji Lai Mohammed alongside his aviation counterpart, Mr. Hadi Sirika said at a session with the Aviation Round […]
Amaka Obiefuna. The Central Bank of Nigeria (CBN) has directed all banks to immediately begin sale of FOREX for Business Travelling Allowance (BTA), Personal Travelling Allowance (PTA), Tuition and Medical fees to customers at not more than N360 per dollar. The Acting Director Corporate Communication Mr Isaac Okorafor in a statement said the CBN will […]