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Category: Economy

Economy

Boeing carrying out software update on 737 Max – CEO

Iheanyi Ejiofor April 5, 2019 No Comments Boeing carrying out software update on 737 Max – CEO

Mr Dennis Muilenburg, Chairman, President and CEO, Boeing Company, says the company will complete the software update of the Maneuvering Characteristics Augmentation System (MCAS) in 737 Max aircraft. Muilenburg disclosed…

Read More Boeing carrying out software update on 737 Max – CEO
Economy headline

New seaports underway to ease Apapa gridlock –NPA

Iheanyi Ejiofor April 5, 2019 No Comments New seaports underway to ease Apapa gridlock –NPA

Nigeria is building a new deep-seaport and considering two additional facilities to ease congestion at Apapa seaports, which currently handle about 80 per cent of all shipping traffic in the…

Read More New seaports underway to ease Apapa gridlock –NPA
Business Economy

NDIC has recovered N29bn from debtors of liquidated banks- Ibrahim

Iheanyi Ejiofor April 4, 2019 No Comments

Ebun Francis| The Managing Director of Nigeria Deposit Insurance Corporation ( NDIC ), Umaru Ibrahim on Thursday said the corporation has so far recovered N29 billion from debtors of liquidated…

Read More NDIC has recovered N29bn from debtors of liquidated banks- Ibrahim
Business Economy headline

Over 70% of rice in Nigerian markets is foreign – Report

Iheanyi Ejiofor April 4, 2019 No Comments headline

Despite concrete and visible interventions of the Central Bank of Nigeria (CBN) via the Anchors Borrowers Programme (ABP) on the rice sub-sector of the Nigerian economy, over 70 per cent…

Read More Over 70% of rice in Nigerian markets is foreign – Report
Business Economy headline

Court nullifies sale of 9mobile to Teleology Nigeria Ltd

Iheanyi Ejiofor April 4, 2019 No Comments headline

An Abuja high court has set aside matters on the sale of Etisalat Nigeria, the country’s fourth largest telecom network — which is now 9mobile — to Teleology Nigeria Limited.…

Read More Court nullifies sale of 9mobile to Teleology Nigeria Ltd

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