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Diamond Bank Affirms Merger Plans with Access Bank

Diamond bank Plc has confirmed having merger talks with Access Bank Plc stating that the development is in the best interest of all stakeholders including, employees, customers, depositors and shareholders. In a statement signed by Chioma Afe, Head, Corporate Communications of Diamond Bank, the lender said that the proposed merger …

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FMT&A Cooperative Trains over 200 Members on Capacity Building

As part of it’s objectives of continuous capacity building for their members, the Federal Ministry of Transport and Aviation (FMT&A) Coperative Society has trained over 200 members in the area of entrepreneurship and retirement planning. The members drawn across the various sectors benefitted from different training programmes at different times, …

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Nigeria soars in Global Digital Travel

Nigeria has emerged 5th overall ahead of countries in Europe, the Middle East and other parts of the world as ready to embrace new technologies as more travellers from Nigeria are turning towards digital solutions to manage and effect their travel . This was a major finding of the 2018 …

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Malabu Oil Suspects Shall Face Trial – Buhari

The controversy over the Malabu Oil Block (OPL 245) won’t just go away, with President Muhammadu Buhari rejecting Attorney-General Abubakar Malami’s proposal on how to resolve the impasse. This is because the President is insisting on the continuation of the criminal proceedings against some suspects implicated in the OPL 245 …

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SAHCOL Goes Public, Launches IPO of 406,074.000

Aviation handling company, Skyway Aviation Handling Company ( SAHCO) Plc has launched an initial public offer for sale of N406, 074, 000 with effect from November 12, 2018. At the announcement and signing ceremony of the offer in Lagos, the stakeholders said they were divesting 49 percent equity to the …

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NLC strike: Dana Air Plans Free Reschedule, Reroute for Passengers

As fever of impending strike begins to loom at the Nigerian aviation sector, Dana Air has assured its guests of its plans to ensure that they do not bear the impact of the imminent action by the Nigerian Labour Congress, NLC, scheduled to commence from midnight, 6th of November, 2018. The …

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Four SAN to Defend MTN inN8.1bn Forex Remittance Case

The Federal High Court in Lagos has fixed December 4, 2018 for hearing in the suit filed by MTN Nigeria Communications Limited to challenge the  $8,134,312,397.63 being demanded from it by the Central Bank of Nigeria over alleged forex remittances infractions. At the Tuesday proceedings in the case, MTN was …

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First Bank Rewards Customers with Free Fuel on Weekends

It is boom for First Bank customers carrying the Verve Card as the financial institution has come up with a incentive to put smiles on their faces every weekend Under a newly initiated promo, FirstBank, the Nigeria’s premier financial institution will be rewarding customers for Verve Card usage in its …

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Bi-Courtney Bows to Labour’s Demand, Recalls 27 Sacked Workers

At last, the management of Bi-Courtney Aviation Services Limited (BASL) operators of the Murtala Muhammed Airport Terminal Two (MMA2) has finally bowed to the pressure of agitating aviation unions who have been protesting what they termed the unlawful sack of 27 of their members. BASL management and the rampaging union …

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Despite Bailout, 17 States Still Owe Pensions, Salaries – Survey

A civic organization focusing on  transparency and accountability, BudgIT has expressed concerns over failure of some states to pay pensions and salaries of civil servants despite huge bailout funds granted them by the federal government. A press release signed by its Communications Lead, Ayomide Faleye on Sunday  said: “BudgIT, worried …

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