Business – Page 920 – Rise Africa

Aviation regulator decries inadequate training – Punch Newspapers

26.02.2025

The Director-General of the Nigerian Civil Aviation Authority, Capt. Chris Najomo, says the Nigerian aviation industry is currently faced with a lack of standard and quality compliance in different training organisations, raising fears about the quality of professionals. The NCAA boss raised the alarm on Monday in Lagos at the opening of a three-day workshop...

ICAN President tasks govt on balanced budget – Punch Newspapers

26.02.2025

The President of the Institute of Chartered Accountants of Nigeria, Mr. Davidson Alaribe, has called on the Federal Government to maintain a balanced budget. According to a statement released on Monday, Alaribe made this call at the 11th Anniversary of ICAN’s Ojo, Badagry, and Agbara District Society Award and Dinner Night, which was held in...

Explore simplified export processes, NPA urges investors – Punch Newspapers

26.02.2025

The Managing Director of Nigerian Ports Authority, Dr Abubakar Dantsoho has urged the trading and investing public to explore the tailor-made simplified export processes and other opportunities now available at the NPA. Dantsoho stated this while speaking at the ongoing Kaduna International Trade Fair, themed, ‘Promoting efficiency in manufacturing, agriculture, and trade through digital transformation’....

Airlines, ground handling companies clash over fees – Punch Newspapers

26.02.2025

Ground handling companies and indigenous airlines in Nigeria are clashing over the introduction of a safety threshold ground handling charge despite the intervention of the Nigeria Civil Aviation Authority. The acting Director-General of NCAA, Capt Chris Najomo held a meeting with both parties on Friday about the matter, but his intervention did not resolve the...

Customs cancel import declarations, demand fresh recapturing – Punch Newspapers

26.02.2025

Following the earlier announcement of the suspension of the four per cent Free-on-Board charge on imports, the Nigeria Customs Service has said that all import declarations made during the initial implementation period have been cancelled. The National National Public Relations Officer of the service, Abdullahi Maiwada, disclosed this in a statement on Monday. Maiwada explained...

IPMAN threatens strike over N100bn unpaid bridging claims – Punch Newspapers

26.02.2025

The Independent Petroleum Marketers Association of Nigeria has issued a seven-day ultimatum to the Nigerian Midstream and Downstream Petroleum Regulatory Authority to pay the bridging claims owed marketers amounting to N100bn or face an industrial action. Bridging claims represent the cost of transporting fuel from the former Pipelines and Products Marketing Company depots to approved...

CBN’s forex policies working – Rewane – Punch Newspapers

26.02.2025

The Managing Director of Financial Derivatives Company, Bismarck Rewane, has expressed confidence in the Central Bank of Nigeria’s foreign exchange policies, stating that they are yielding positive results and aligning the naira closer to its fair value. Rewane expressed his thoughts on the Global Business Report show on Arise TV on Monday. The naira has...

MAN hails stakeholders’ commitment to clean manufacturing – Punch Newspapers

26.02.2025

The Manufacturers Association of Nigeria has commended stakeholders for their commitment to transforming the sector through the adoption of resource efficiency and cleaner production methodologies. MAN’s Director-General, Segun Ajayi-Kadir, gave the commendation in his opening remarks at the five-day GEF-UNIDO Industrial Energy Efficiency and Resource Efficiency and Cleaner Production specialised workshop for the Bank of...

Filling stations shut, loading halted as Lagos impounds tankers

25.02.2025

Marketers of petroleum products have expressed concerns that the alleged harassment of tanker drivers by officials of the Lagos State Government could lead to fuel scarcity in a few days, as some filling stations were shut in various parts of the state on Monday They also vowed to shut down operations in the South-West if...

Firm plans digital platform for easy access to loans

25.02.2025

Financial services firm Spring Sky Finance Company is set to launch its digital banking services in Nigeria this week. A statement by the company on Monday noted that this innovative initiative aims to streamline loan processing and enhance access to credit for businesses and individuals, thereby mitigating economic challenges. According to the chairman of the...