Redundancy: Bi-Courtney begins payment to affected workers, as picketing consumes Jari Williams

Bi-Courtney Aviation Services Limited (BASL), operators of Murtala Muhammed Airport Two (MMA2), Lagos has commenced payment to the 30 affected workers who were disengaged following their decision to join the industry unions. This development is coming barely three months after the terminal was picketed by the aviation workers unions. Similarly, the picketing of the terminal for almost a week by the unions may have consumed Capt. Jari Williams, the Chief Executive Officer (CEO) as it was gathered that he and some top management staff had been removed by the the…

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AMCON boss pledges support for AMPs recovery of N740b

Photo Caption: Mr. Aliyu Kalgo, the Group Head of Enforcements at Asset Management Corporation of Nigeria (AMCON) and representative of AMCON MD, Mr. Ahmed Lawan Kuru (sitting middle) with a cross-session of participants and some staff of AMCON at the just concluded AMCON/AMP Feedback Session in Ikoyi….Lagos The managing director/chief executive officer of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru, has again pledged the full support of AMCON to its Asset Management Partners (AMPs) in the pursuit to recover the 20percent or N740billion of the total Eligible…

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Community accuses EKEDC of illegal disconnection, use of area boys

Residents of Ebute-metta West popularly called ‘Apapa road’, have accused the management of Eko Electricity Distribution Plc (EKEDP) of embarking on Illegal Disconnection by using the street urchins popularly called area boys and armed to teeth security agents. Residents of the community said despite an agreement reached with the electricity distribution company on how bill will be paid on monthly basis pending when the prepaid meters will be supplied, on two occasions, the power distribution company had invaded their community with area boys, policemen from Iponrin police division as well…

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African carriers freight demand decrease 4.2 % in October as global markets rise 3.1%

The International Air Transport Association (IATA) has released data for air freight markets measured in freight tonne kilometers (FTKs), showing African carriers freight demand decrease by 4.2 percent in October 2018, compared to the same month last year. While the global demand rose 3.1percent in October 2018, compared to the same period the year before. This pace of growth was up from a 29-month low of 2.5 percent in September.  Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 5.4 percent year-on-year in October 2018. This was the…

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