Author Archives: Supernews - Page 821
Nigeria clears foreign airlines’ $600m trapped funds
The International Air Transport Association on Tuesday announced that Nigeria had cleared the backlog of $600m trapped funds belonging to foreign airlines operating in the country. The Director-General…
Equities Market to Benefit from Pension Multi-Fund Structure Implementation
There are high expectations that the Nigerian equities would witness more patronage by Pension Fund Administrations (PFA) as from July 1, 2018 when the new multi-fund structure introduced…
Union Bank Grows Loan Book Via Lending To Real Sector
The Group Managing Director, Union Bank Plc, Mr. Emeka Emuwa has assured that the bank will continue to grow its loan book by lending to the…
Ibeto Cement Acquires 70 per cent Stake In Century Petroleum
Ibeto Cement Acquires 70 per cent Stake In Century Petroleum Ibeto Cement Company Limited has acquired 70 per cent stake in a United States () publicly…
SEC Seeks Fiscal Incentives For Listed Firms To Deepen Market
The Securities and Exchange Commission (SEC) has advocated some measure of fiscal incentives for listed companies on the Nigeria Stock Exchange (NSE) in order to…
Again, Ethiopian Airline Bags Reliability Award
Ethiopian Airlines has emerged the winner of the 2017 Airline Reliability Performance Award, for the seventh year in a row, from Bombardier Aerospace. Mr. Tewolde…
Lagos Settles retirees N859m in May
The Lagos State Government is set to pay accrued pension rights to 158 public service retirees under the Contributory Pension Scheme for the month of May,…
USSD implementation takes effect October 1, 2018… CBN
The Central Bank of Nigeria has put the new date for the implementation of the regulatory framework for use of Unstructured Supplementary Service Data (USSD) to be…
Onitsha Business Owners Lament Risk of Doing Business in Nigeria
Importers, manufacturers and other business persons in Onitsha and environs have lamented the hardship experienced in doing business in Nigeria, saying that they deserved award…
Osibanjo Gives Reasons for Delay in Signing Africa Free Trade Treaty
Vice President Yemi Osinbajo has explained that the need for exhaustive consultation with the private sector, especially the manufacturing sector, was responsible for the delay in…