....business as usual not yet in sight Cape Town - The City of Cape Town is in a disarray, grappling to attend to thousands of complaints received in the aftermath of the devastating storm that hit the South African City last week About 11,000 complaints have been received from residents to restore
Month: June 2017
Qatar launches direct shipping services to Oman ports
Qatar Monday introduced it had launched direct shipping services to ports in Oman, a transfer that bypasses a Gulf “blockade” on a rustic largely depending on meals imports. Qatar’s port authority introduced the launch of two new services from Hamad Port to Oman’s Sohar and Salalah ports, circumventing the necessity for
Healthy Tips for Air Travellers
Arik Air in Negotiations with New Investors
Nigeria’s major carrier, Arik Air, may soon get over its debt crisis as shareholders are having deep discussion with a major investor, who would take over significant shares from the company and provide the funds to offset the debts of the airline owed to Asset Management Corporation of Nigeria (AMCON)
Pump Price of Diesel Down by over 30% in 4 Months
A report of THISDAY Newspaper’s market survey just published indicates that the pump price of diesel has dropped by over 30 per cent between February and June 2017, following the fluctuations in forex and international crude oil prices As a deregulated product, the price of diesel is controlled by the market
Domestic gas supply steps up to boost electricity output
The NNPC, Nigeria National Petroleum Corporation, has stepped up domestic gas supply to an average 7.32 million standard cubic feet per day (mmscf/d). This increased volume guarantees an average supply of 689 mmscf/d to national gas-fired power plants, allowing for a total power output 3,056 MW. Daily gas supply is up by
Nigerian Airlines, others record three-year low financial performance
Airlines in Nigeria and the entire African region recorded the lowest financial performance globally For the third consecutive year, according to the International Air Transport Association’s ‘Economic Performance of the Airline Industry’ for mid-year 2017. The IATA report, which was released during its Annual General Meeting in Mexico, is semi-annual and
FAAN advises passengers to arrive airports on time
In compliance with the exective order issued by Federal Government of Nigeria, The Managing Director, Federal Airports Authority of Nigeria (FAAN) Mr. Saleh Dunoma has advised passengers to arrive airports on time due to the new screening arrangement that has been implemented. My advice to passengers is that they should come
Maritime sector strategic for investors – Rotimi Amaechi
The Minister of Transportation, Rotimi Amaechi has stated that the Nigerian maritime sector is a haven of opportunities for the world maritime industry to tap into. While Speaking at "Africa @ Nor” session at the just concluded Nor-Shipping 2017 which was held at Lillstrome, Norway recently. The Minister assured the audience
KNOW YOUR CAR LIGHTS
Modern cars come with high-tech sensors that monitor performance and to make our motoring life easier. Car breakdown can generate loss of time and resources but it seldom occurs without a warning signal. However, it can be a difficult task trying to work out exactly what that warning light flashing away on your