Business & Economy - Page 147

Smile Communication, a pan African Telecommunications group with firm foothold in Nigeria, has appointed a seasoned telecommunications technocrat Mann El Amine as its Group Managing Director. The Telco also appointed Abhulime Ehiagwina, an astute financial expert, as the Acting Chief Executive Officer

Oxfam, a global confederation of 21 independent charitable organizations that work together to fight poverty, inequality, and social injustice has exposed a shocking wealth disparity in Nigeria, warning that without urgent actions, the country faces the risk of a social crisis. Two

Governor Babajide Sanwo-Olu yesterday (Tuesday, October 5) officially inaugurated the commercial operation of the Lagos Redline, with a ceremonial ride from Oyingbo Station to Agbado. The journey began at 5:20 pm, with the first stop at Yaba, where the train paused

The Cross River State Governor Senator Bassey Otu has said that the share certificates of the state-owned airline Cally Air will be presented to incoming local government chairmen in the state. Speaking yesterday (Tuesday, October 15) in Calabar, the state capital,

Stakeholders in the aviation sector have appealed to the federal government to mitigate the aviation sector financial crisis by removing the “numerous charges” impeding progress in the sector. Addressing State House Correspondents yesterday (Tuesday, October 15) after a meeting with Vice President Kashim

By MIKE ABBAH Nigeria’s annual inflation rate rose in September after recording a two-month consecutive fall The country’s  headline inflation rate in September 2024 rose to 32.70%, up from 32.15% in August 2024, marking a 0.55% increase month-on-month. This is according

The Nigeria Customs Service (NCS) has extended its verification exercise for the recovery of import duties on illegally imported private aircraft by one month, effective from 14 October to 14 November. Abdullahi Maiwada, spokesperson for the NCS, announced this extension in a

By RUKUYAT ADEYEMI Aradel Holdings Plc, on Monday (yesterday, October 15), said it was listed on the Main Board of the Nigerian Exchange Ltd.(NGX) to leverage the capital market for future growth and expand its operations. Mr Adegbite Falade, Managing Director of Aradel, said