BUSINESS

Dana Air trains 45 Nigerian Pilots

Daily Dispatch September 5, 2017

One of the indigenous airline, Dana Air, on Tuesday said it had recruited and trained not less than 45 Nigerian Pilots in Johannesburg, South Africa and Madrid, Spain so far. The airline’s Media Communications Manager, Mr Kingsley Ezenwa, in a statement issued in Lagos, explained that this was

BUSINESS

Arik Air: AMCON breaks silence over Ethiopian Airlines bid

Daily Dispatch September 5, 2017

The Asset Management Corporation (AMCON), on Monday said no negotiation with Ethiopian Airlines to manage the Nigerian carrier, Arik Airline. This is contained in a statement signed by Jude Nwauzor, Head of Corporate Communications. Ethiopian Airlines recently announced that it had submitted its bid to the Nigerian government. But AMCON insists it is not aware of any […]

BUSINESS

FG To Launch One-Stop-Shop For MSMEs In Seven States

Daily Dispatch September 5, 2017

The Federal Government is set to launch one-stop shops in no fewer than seven states across the country. The measure is to facilitate smoother government regulation and interface between entrepreneurs and agencies of government. The Vice President’s spokesman, Laolu Akande, said in a statement on Monday that already one such one-stop shop for MSMEs in […]

BUSINESS

US threatens to bar Nigerian airlines over security issues

Daily Dispatch September 4, 2017

The United States federal aviation administration has given Nigerian airlines a 65-day ultimatum to resolve specified security issues or risk being barred from flying to its country. A team of US FAA officials who recently carried out an audit for the renewal of Nigeria’s category one safety status gave the ultimatum on August 24. The […]

BUSINESS

Bank depositors ask CBN to tackle ATM failures

Daily Dispatch September 4, 2017

Some bank customers in the South-East have urged the Central Bank of Nigeria (CBN) to compel commercial banks to urgently address challenges facing transactions with ATMs at weekends and national public holidays. The customers made the appeal in separate interviews with the News Agency of Nigeria (NAN) on Monday while expressing frustration, anger and anxiety […]

BUSINESS

FIRS generates N2.11tr in 7 months

Daily Dispatch September 4, 2017

The Federal Inland Revenue Service (FIRS), through tax collections, generated the sum of N2.11 trillion as revenue from January to July, 2017. This is contained in a progress report of the FIRS from Jan. to July, 2017 obtained by the News Agency of Nigeria (NAN) on Monday, showing their revenue performance and impact of the […]