NCAA generates N15.27bn from ticket sales charges in 8 months
The Nigerian Civil Aviation Authority (NCAA), has generated N15.27billion as revenue from the Ticket Sales Charge (TSC) in the past eight months.
The Nigerian Civil Aviation Authority (NCAA), has generated N15.27billion as revenue from the Ticket Sales Charge (TSC) in the past eight months.
ABUJA/LAGOS, Sept 1 – MTN Group’s plan to list its Nigerian unit in an initial public offering this year is under threat after the central bank ordered the South African telecoms giant to hand over $8.1 billion allegedly sent abroad illegally, sources said.
he Central Bank of Nigeria has slammed fines totalling over N5 billion on four banks “for breaching Nigeria’s forex regulations” and asked MTN Nigeria Communications Limited to refund $8.134 billion. All four banks – Standard Chartered, Stanbic IBTC, Citibank and Diamond Bank – were fined with regards to capital repatriation by telecoms giant MTN. Read […]
LAGOS—The $3.3 billion Floating Production Storage Offloading (FPSO) unit that sailed away in the early hours of Sunday from Lagos to the 200,000 barrels per day Egina oilfield will arrive at the offshore field this week, investigation has revealed. Read more
Abuja – The Central Bank of Nigeria (CBN), has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure adequate supply of foreign exchange to customers. read more
Abuja – Nigerian National Petroleum Corporation (NNPC) says it will establish two condensate refineries with a total refining capacity of 200,000 barrels per day. read more
In its latest GDP report released yesterday, NBS stated that the country’s GDP grew by 1.5 percent year-on-year (YoY) in real terms to N16.58 trillion in Q2’18 even as the average daily oil production in Q2’18 dropped by 0.03 million barrel per day (mbpd) to 1.84 mbpd YoY from 1.87 mbpd in Q2’17.read more
The Annual Christopher Kolade lecture series which commenced in 2013 was instituted in the name of an Integrity icon to mark his landmark year- his 80th birthday. The lecture series is emerging as a forum for businesses to engage with experts and with each other on business integrity issues. The past five editions have addressed […]
Consider this fictitious account of the rise and fall of a non-existent company. Any similarities between the account below and any real or imagined persons or body corporate, in the words of folks at BLACKHOUSE Studios, is a miracle! So, a group of smart Investors from SMARTINVEST Ltd. hatch a scheme to takeover a second-tier […]
Okay, so you started reading this article a little curious about what “it” is? Nigerians are today preoccupied with and have their minds continually filled to a troubling extent with mindboggling tales of government, business and individual acts of corruption. Is this not a grand enough “It” to obsess on and write about? The results […]
Soji Apampa is a co-founder of the Convention of Business Integrity, which represents Maritime Anti-Corruption Network (MACN) in Nigeria. In this interview with CHUKA UROKO and AMAKA ANAGOR-EWUZIE, he gives an insight into the reform that MACN is carrying out in Nigerian seaports in partnership with the Federal Government steering committees to reduce the propensity…read […]
The Convention on Business Integrity is offering this CEO Breakfast Forum to provide a platform for signatories to discuss the regulatory and general business challenges as well as identify strategies for coping and prospering under these circumstances. The Convention on Business Integrity is also very keen to see in what ways it can intervene on […]
The 2018 edition of the Africa CEO Forum took place on the 26th and 27th of March, in Abdijan and featured discourse and opinions from the top business leaders and investors on the continent. The Chief Executive Officer of the Convention on Business Integrity (CBI), Soji Apampa, was aspeaker at a panel discussion titled “Better […]
Our organization is looking to engage the services of a travel agency meets the following requirements: IATA Licensed Membership with the relevant associations Existing relationships with major air carriers Travel and visa advisory services Handles local and international travel arrangements Ability to offer competitive fares for flights (both local and international) Over 10 years of […]
With over a decade of committed service as a Director of the Governing Board of the organization, Mrs. Ibukun Awosika has been unanimously appointed as the Chairman of the of the Governing Board of the organization to be ably assisted by Mr. Osaro Eghobamien, SAN as the Vice-Chairman. The appointment takes effect from Monday February […]
437 individuals and 35 companies honoured Launches Corporate Governance Index Lagos, February 22, 2018. The Convention on Business Integrity (CBi) and The Nigerian Stock Exchange (NSE or Exchange) held a certification ceremony for 35 companies and 437 directors that made it over the 70% threshold for the Corporate Governance Rating System (CGRS) process. The companies […]
On February 7th and 8th 2018, The Integrity Network Initiative invited experts and practitioners to a 2-day Regional Clinic Middle East & Africa in Aswan on “Collective Action to Counter Corruption and Foster Integrity” in Egypt on February 7th and 8th, 2018. In bringing together the expertise of some of these initiatives, the workshop aimed […]
Moody’s Investors Service on Wednesday November 8 downgraded the Government of Nigeria’s long-term issuer and senior unsecured debt rating from B1 to B2 and the senior unsecured MTN program rating and the provisional senior unsecured debt rating from (P)B1 to (P)B2 though the rating outlook remains stable. The downgrade by Moody was based on three […]
The recent recession in Nigeria, and the continuing economic depression has had dire consequences for business. Costs of production have escalated and the demand for goods and services has reduced, coupled with higher interest and unfavourable foreign exchange rates to mention a few of the resultant effects. The populace, as a result of the recession […]