Lagos State government on Monday flagged off the reconstruction of the Oshodi-International Airport Road, pledging to complete the project within the next 15 months. The project is specifically to include the reconstruction and expansion of the existing carriage to three-lane Expressway on both directions, construction of two-lane Service Road in both directions, construction
Month: September 2017
UN prescribes collective efforts in tackling road safety problems
Achieving success in the campaign against the of use of a phone while driving and drunk-driving, as well as the promotion of the use of crash helmets by motorcyclists, can only be achieved through the collective efforts of stakeholders. This call was made by the United Nations Secretary General’s Envoy
Nigerian airlines may be banned by US over poor local airports
(BusinessDay) - During the just concluded US Federal Aviation Administration (FAA) audit for the renewal of Nigeria’s Category 1 safety status, Nigerian airports failed to meet the safety and security requirements of that organization. As a result of the failed audit test, Nigerian airlines may be barred from flying to the
Petrol price reduced to N142 per litre
The Nigerian National Petroleum Corporation (NNPC) says the prices of petrol, and cooking gas have crashed across the country. The NNPC said sustained strategic intervention in the efficient supply and distribution of petroleum products led to the significant fall in the prices of petrol and gas. Abuja - A statement issued on
South African Airways CEO-Elect to Woo Banks as Top Priority
Incoming CEO Jarana sees lenders as important as government Management and board of SAA must be committed to turnaround Johannesburg (Bloomberg) - The chief executive officer-elect of South African Airways is making it his first priority to convince banks that the state-owned carrier’s new leadership is committed to stemming five
UK electric car plan could cause huge infrastructure costs efforts to steer clear of power shortages
....With the number of electric cars set to balloon ahead of the diesel ban, drivers must be persuaded to recharge them overnight to keep infrastructure costs down Britain must plough billions of pounds into new power plants, grid networks and electric vehicle charging points if it is to avoid local power shortages when a
Expedia names Alan Pickerill as new CFO
Expedia Names New CFO as Orderly Transition Unfolds After CEO's Abrupt Departure (MarketWatch) - Expedia, Inc. named Alan Pickerill, a senior vice president at the company, as its chief financial officer Friday. Pickerill takes over the role from former CFO, Mark Okestrom who was named as the chief executive of Expedia. Expedia is the American travel
Traveling To Europe? Prepare For ‘Devastating’ Delays And Missed Connections
Travellers passing through Europe have been advised by airports and various airlines, among them British Airways, EasyJet and Ryanair, to arrive at least three hours early to avoid chaos at passport control. The weekends have been especially difficult at hub airports as tourists returning from their summer holidays join the 1.7 million daily passengers
Red Star Express Records N7.3b Turnover, Declares Dividend
One of Nigeria’s leading logistics company, Red Star Express Plc, has posted a turnover of N7.3billion in the year under review which is ten percent (10%) higher than the preceding year. The profit before tax increased from N572million to N653million, while profit after tax also increased from N334.4million to N426.8million. The
