1. United Nigeria Airlines gets IOSA certification
According to an entrepreneurng report, A Nigerian carrier, United Nigeria Airlines, says it has been registered as an Operational Safety Audit Programme operator under the International Air Transport Association… Read more
Source: https://punchng.com/united-nigeria-airlines-gets-iosa-certification/
2. CBN to mop up dormant account balances, unclaimed funds
The Central Bank of Nigeria has proposed that banks should transfer funds in accounts that have been dormant for up to 10 years into a trust fund account… Read more
Source: https://punchng.com/cbn-to-mop-up-dormant-account-balances-unclaimed-funds/
3. Fuel subsidy, oil theft gulped N29tn, says FG
The Federal Government, on Thursday, said the amount spent on subsidising Premium Motor Spirit, popularly called petrol, between 2005 and 2021 was N13tn, adding that the country lost N16.3tn to oil theft from 2009 to 2020… Read more
Source: https://punchng.com/fuel-subsidy-oil-theft-gulped-n29tn-says-fg/
4. Aviation workers plan strike over minimum wage, others
Aviation workers’ unions have threatened to withdraw their services over the refusal of the Federal Government to release the reviewed condition of service negotiated over seven years ago… Read more
Source: https://punchng.com/aviation-workers-plan-strike-over-minimum-wage-others/
5. Improving SMEs profit during high inflation
Every year, a lot of small and medium scale enterprises flood the market worldwide with new product solutions. This is common in developing economies like Nigeria where SMEs represent about 90 per cent of employment across the globe, the World Bank says… Read more
Source: https://punchng.com/improving-smes-profit-during-high-inflation/
6. Govt forecasts massive produce losses over high temperature
Day time temperature is likely to be above normal across the country this year, leading to losses of agricultural production, the Federal Government stated on Thursday… Read more
Source: https://punchng.com/govt-forecasts-massive-produce-losses-over-high-temperature/
7. 10 million substandard tyres destroyed in six months — SON
The Standard Organisation of Nigeria has said that it destroyed 10 million substandard tyres in six months. In a statement, the Director General of SON, Mallam Farouk Salim, said this at a one-day sensitisation programme with tyre dealers at the Africa Tyre Village, Lagos International Trade Fair Complex, Lagos… Read more
Source: https://punchng.com/10-million-substandard-tyres-destroyed-in-six-months-son/
8. Dangote assures shareholders of higher returns
The Chairman of Dangote Cement Plc, Aliko Dangote, has promised shareholders and other stakeholders, higher returns by leveraging on strategic innovations for the continuous growth of their investments… Read more
Source: https://punchng.com/dangote-assures-shareholders-of-higher-returns/
9. NBCC canvasses trade partnership with UK
A trade partnership between the UK and Nigerian businesses will be at the front burner when the Nigerian British Chamber of Commerce embarks on its trade mission to the United Kingdom next month… Read more
Source: https://punchng.com/nbcc-canvasses-trade-partnership-with-uk/
10. 40 countries to participate in West Africa trade show
At least 150 exhibitors from 40 countries will participate in West Africa’s largest automotive parts and after-market trade show scheduled to be held in Lagos next month. Currently, in its third edition, the West Africa Automotive Show will take place at the Landmark Centre on Victoria Island from May 16-18… Read more
Source: https://punchng.com/40-countries-to-participate-in-west-africa-trade-show/
