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Nigerian airlines spend N1.25trn on overseas aircraft maintenance – FAAN

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The managing director of the Federal Airports Authority of Nigeria (FAAN), Capt Rabiu Yadudu, has said that Nigeria’s domestic carriers spent about N1.25 trillion...

UBA redeems $500m 5-year Eurobond notes

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The United Bank for Africa (UBA) yesterday redeemed its debut $500 million 5-year Eurobond notes with maturity date of June 8, 2022. The bank disclosed...

Nigeria’s total public stock increases to N41.60trn

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The Debt Management Office has said that the country’s total public debt increased to N41.60 trillion in the first quarter of 2022 from N39.56...

Ibom Air commemorates 3rd anniversary with freebie tickets, movie

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Start-up airline, Ibom Air, has celebrated its third anniversary by giving its customers the opportunity to win free airline tickets and an invitation to...

OPEC increases Nigeria’s oil Production Quota to 1.8mbpd

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The Organisation of Petroleum Exporting Countries (OPEC) yesterday increased Nigeria’s oil production quota to about 1.8 (1.799) million barrels per day. The increase which is...

Why consumer credit penetration is low in Nigeria – Popoola

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Ime Akpan The group managing director and chief executive officer of CRC Credit Bureau Ltd., Dr. Ahmed Popoola has said that low access to credit...

Operating airports for 24 hours to handle few flights uneconomical –...

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The managing director of the Federal Airports Authority of Nigeria (FAAN), Capt. Rabiu Yadudu has said that it is the agency’s wish for all...

FAAN, stakeholders brainstorm about progress, challenges in aviation industry

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The Federal Airports Authority of Nigeria (FAAN) is set to bring together captains of industry, top government functionaries, seasoned aviation experts and key stakeholders...

FG, Morocco sign deal to site fertiliser plant in Akwa Ibom

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The managing director and chief executive officer of the Nigeria Sovereign Investment Authority (NSIA), Mr. Uche Orji has disclosed the agreement between the federal...

UBA drives conversation about investment in Africa

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The United Bank for Africa has harped on its commitment to driving investments into Africa as well as stimulating conversions towards achieving collective growth...
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