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Category: Business

Business headline

Ethiopian Airlines returns to Mogadishu, 41 years after

Iheanyi Ejiofor November 10, 2018 headline

Ethiopian Airlines (ET) has launched thrice weekly direct passenger flights between Ethiopian capital Addis Ababa and Somalia’s capital, Mogadishu, after a 41 year break, adding momentum to increasing bilateral economic…

Read More Ethiopian Airlines returns to Mogadishu, 41 years after
Business Economy headline

Nigeria uses over 50% of her revenue to service debt- IMF

Iheanyi Ejiofor November 9, 2018 headline

Ebun Francis| The International Monetary Fund (IMF) senior resident representative for Nigeria, Amine Mati has said that Nigeria uses more than 50 percent of her revenue to service the country’s…

Read More Nigeria uses over 50% of her revenue to service debt- IMF
Business Economy headline

Arik, Aero will not be part of Nigeria Air- Aviation minister

Iheanyi Ejiofor November 9, 2018 headline

Ebun Francis| The minister of state for aviation, Hadi Sirika, on Thursday dismissed claims that process that lead to suspension of the establishment of Nigeria Air was due to lack…

Read More Arik, Aero will not be part of Nigeria Air- Aviation minister
Business headline

$1.3bn withholding tax: MTN’s suit against AG fixed for Dec. 3

Iheanyi Ejiofor November 8, 2018 headline

The Federal High Court, Lagos, will on Dec. 3 hear a suit by MTN Nigeria Communication Ltd against the Attorney General of the Federation challenging the legality of N242 billion…

Read More $1.3bn withholding tax: MTN’s suit against AG fixed for Dec. 3
Business

Mazda to recall 640,000 vehicles globally over diesel engine flaw

Iheanyi Ejiofor November 8, 2018

Mazda Motor Corporation on Thursday said it planned to recall about 640,000 vehicles globally to fix issues including a problem with the valve springs used in its diesel engines. The…

Read More Mazda to recall 640,000 vehicles globally over diesel engine flaw

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