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Customs Impound N22bn Animal Parts, N338.58m Goods

Customs Impound N22bn Animal Parts, N338.58m Goods     The Nigeria Customs Service (NCS), on Wednesday, said it intercepted N22.2 billion worth of elephant and pangolin scales and claws in an apartment in Lekki area of Lagos. The Nigeria Customs Service (NCS), on Wednesday, said it intercepted N22.2...

NCAA, Airlines Settle On N22bn Debt

NCAA, Airlines Settle On N22bn Debt         The Nigerian Civil Aviation Authority (NCAA) said yesterday it is developing a flexible payment plan to retrieve the over N22bn debts being owed by airline operators. Economic Confidential reports that the NCAA had recently vowed to impose sanctions for operators...

NCAA To Sanction Airlines Over N22bn Debts

NCAA To Sanction Airlines Over N22bn Debts       Nigerian Civil Aviation Authority (NCAA) has concluded plans to embark on recovery of over N22 billion owed aviation agencies by indigenous carriers in the last 20 years. The move by the regulatory body would lead to disruption in air...

Local Airlines’ Debt Burden Hits N22bn

Local Airlines’ Debt Burden Hits N22bn       Minister of Aviation, Hadi Sirika, yesterday, disclosed that the local airlines’ total debt burden to regulatory agencies stood at N22 billion. A breakdown showed the sum of N19.37 billion and $6,993,284 million (N2.7 billion) as unremitted Ticket Sales Charge...

Stock Market Ends Four-day Loss, Gains N22bn

Stock Market Ends Four-day Loss, Gains N22bn     The gains recorded by Nestle Nigeria Plc, Cadbury Nigeria Plc and eight other quoted companies helped the nation’s stock market to halt its four-day losing streak. The Nigerian Stock Exchange All-Share Index and market capitalisation rose by 0.17 per...

Ten Banks Earn N22bn On Account Maintenance Charges

Ten Banks Earn N22bn On Account Maintenance Charges   A computation of Banks’ earnings from account maintenance charges, for 10 out of the 14 listed banks on the Nigerian Stock Exchange (NSE) amounts to N22 billion compared to N19.1 billion in Q1: 2019 The current year...