Nigeria’s ‘Bad Bank’, The Asset Management Company of Nigeria (AMCON), is close to selling Peugeot Automobile Nigeria (PAN) Ltd, a local car assembly joint venture, to Africa’s richest man, Aliko Dangote, and two Nigerian states. PAN, a Nigerian vehicle assembly plant located in Kaduna State, has PSA Peugeot Citroen as its technical
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10 excerpts from Facebook CEO Zuckerberg’s Harvard speech
New Nipost law’s taxes may hurt cashless system
- Postage, stamp duties laws outdated –Post Master General The bill seeking to repeal the NIPOST Act by re-enacting the Nigerian Postal Commission Act and another seeking amendment to the Stamp Duties Act must protect electronic payment platform users from multiple taxation otherwise it may work against the central bank’s cashless policy. Observers
Bus Operators form ALBON & AMTO Coalition
...to work towards merger of the two associations Commercial bus operators going under the name Association of Luxury Bus Owners of Nigeria (ALBON) and the Association of Mass Transit Operators of Nigeria (AMTO) have signed a Memorandum of Understanding (MOU) for the formation of an alliance known as ALBON & AMTO Alliance. Moov
List of Airlines banned by the EU Commission
- FULL LIST OF AIR CARRIERS WHICH ARE BANNED FROM OPERATING WITHIN THE UNION, WITH EXCEPTIONS Name of the legal entity of Air Operator Certificate ICAO State of the the air carrier as indicated ('AOC') Number or airline Operator on its AOC (and its trading Operating Licence Number designation name, if different) number BLUE WING AIRLINES SRBWA-01/2002 BWI Suriname IRAN ASEMAN AIRLINES FS-102 IRC Islamic Republic of Iran IRAQI AIRWAYS 001 IAW Iraq MED-VIEW AIRLINE MVA/AOC/10-12/05 MEV Nigeria MUSTIQUE AIRWAYS 2A/12/003K MAW Saint Vincent and the Grenadines INTERNATIONAL JOINT- UK 012 URG Ukraine STOCK AVIATION COMPANY "URGA" Air carriers listed
3-day Lagos Port strike suspended
It was a press release signed by representatives of the Association of Nigerian Licensed Customs Agents (ANLCA), the Nigerian Government Approved Freight Forwarders (NAGAFF) and truck owners at the end of their meeting yesterday that ended the three-day strike embarked upon by the coalition. Moov Logistics News learnt that the coalition
Lagos ports crippled by Strike
…Importers lament loses …Customs loses over N3b Although the Nigerian Government, makes billions of Naira from the activities of its Lagos sea seaports daily, stakeholders are worried that not much attention is paid by it to maintain the infrastructure in and around it, particularly the road network. The gridlock caused by the deplorable
Railway Concession: 20 Locomotives, 20 wagons to arrive in May
The Federal Government has disclosed that come May 29, General Electric (GE) will bring in 20 locomotives and 200 wagons to boost the country's rail transit services. As part of the ongoing negotiations with the GE, the Minister of Transportation, Rotimi Amaechi pointed out that the concessionaire showed more interest in
Aviation experts seek participation of Nigerians in set-up of National Carrier
Abdulsalami Mohammed, Rector and Chief Executive of the College of Aviation Technology, Zaria, has called on the active participation of Nigerians in the set-up of the planned National Carrier. It would be recalled that last week, the Federal Government approved the engagement of Luftansa Consulting and others as transaction advisors for
Nigeria Customs to reduce trade facilitation time by 50%
The Public Relations Officer of the Nigeria Customs Service (NCS), Joseph Attah, announced in an official statement that the NCS will reduce the time it takes to import and export goods (trade facilitation) by 50 per cent. ''The service is required to schedule and coordinate the Mandatory Joint Examinations and sign-off