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Category: Business

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
Business

RIFAN faults increased rice import report, puts local production at 9m tonnes

Iheanyi Ejiofor November 8, 2018

The Rice Farmers’ Association of Nigeria (RIFAN) has faulted a publication saying that rice importation increased in 2018, when compared to previous years, describing it as `fraud and fake’. NAN…

Read More RIFAN faults increased rice import report, puts local production at 9m tonnes
Business

Many Nigerians yet to understand insurance, says Gov. Ajimobi

Iheanyi Ejiofor November 8, 2018

Gov. Abiola Ajimobi of Oyo State says many Nigerians are yet to understand what insurance is and how it works. Ajimobi made the assertion on Thursday while playing host to…

Read More Many Nigerians yet to understand insurance, says Gov. Ajimobi

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