February 21, 2020
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BUSINESS

Senate confirms Musa Nuhu as NCAA Director General

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BUSINESS NEWS
The Nigerian Senate on Tuesday confirmed the nomination of Captain Musa Shuaibu Nuhu as Director-General of the Nigerian Civil Aviation Authority (NCAA). Nuhu’s confirmation was sequel to the consideration of the report on the screening of the nominee by the Senate Committee on Aviation, a parliamentary statement said. Chairman of the Committee, Senator Smart Adeyemi […]Continue Reading

Senate confirms new CBN Deputy Governor, Hajj commission officials

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BUSINESS NEWS
The Senate on Thursday confirmed nominees appointed by President Muhammadu Buhari to serve on the board of the National Hajj Commission of Nigeria (NAHCON). The nominees were confirmed after the presentation and consideration of the report of the Senate Committee on Foreign Affairs, a National Assembly statement said.  The Senate President, Ahmad Lawan, on December […]Continue Reading

Afreximbank supports African firm with $190m to acquire textile maker, Vlisco

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BUSINESS GlobeNews NEWS
The African Export-Import Bank (Afreximbank) on Friday in Kigali signed a term sheet with Made In Africa Inc. (MIA) to provide the company with a $190-million facility to finance the acquisition of African Fabric Holdings BV, Netherlands, also known as Vlisco Group. The facility, broken into two tranches, will also be used to provide working […]Continue Reading

Revelations from NDDC justify Buhari’s Decision on forensic audit – BMO statement

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BUSINESS NEWS
Revelations from the ongoing forensic audit of the Niger Delta Development Commission (NDDC) are a clear justification of President Muhammadu Buhari’s decision to take a look at the books of the interventionist agency.  According to the Buhari Media Organisation (BMO), the fact that NDDC’s interim management committee is also digging into what it described as Continue Reading
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