Economic Confidential

Buhari Appoints Garba Abubakar as CAC Registrar General

Buhari Appoints Garba Abubakar as CAC Registrar General President Muhammadu Buhari has approved the appointment of Garba Abubakar as the substantive Registrar-General of the Corporate Affairs Commission, CAC. Until his appointment, Mr Abubakar was the Director, Compliance at the commission. The appointment...

UN Employs Suspended REA MD

UN Employs Suspended REA MD The suspended Managing Director of the Rural Electrification Agency (REA), Ms Damilola Ogunbiyi, has assumed duty at her new job at the United Nations. A UN spokesman, Mr Farhan Haq, made this known to News Agency...

Electricity tariff Hike necessary- NECA DG

Electricity tariff Hike necessary- NECA DG The Nigeria Employers’ Consultative Association (NECA) says the proposed hike in electricity tariff is necessary to get the power sector back on track. Its Director-General, Mr Timothy Olawale, stated this in Lagos that putting the...

SOLAD thumbs Up Buhari for Initiative to Complete Ajaokuta Plant

SOLAD thumbs Up Buhari for Initiative to Complete Ajaokuta Plant The Sole Administrator(SOLAD) of Ajaokuta Steel Company Limited, Engr. Sumaila Abdul-Akaba has commended President Muhammadu Buhari and the Ministers in charge of Mines and Steel Development for their unwavering commitment...

IATA Forecasts $29.3bn Profit from Airlines in 2020

IATA Forecasts $29.3bn Profit from Airlines in 2020 The International Air Transport Association (IATA) has predicted that the global airline industry will record a net profit of $29.3 billion in 2020. This would be an improvement, over a net profit of...

Air Peace Receives safety audit certification

Air Peace Receives safety audit certification Air Peace has received its third International Air Transport Association Operational Safety Audit (IOSA) certification. This development is coming on the heels of the airline’s announcement of flight operations into Ibadan from Abuja, Kano and...
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