Air freight demand flat in November 

The International Air Transport Association (IATA) has released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), was flat (0percent) in November 2018, compared to the same period the year before. This was the slowest rate of growth recorded since March 2016, following 31 consecutive months of year-on-year increases.  Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 4.3percent year-on-year in November 2018. This was the ninth month in a row that capacity growth outstripped demand.  While international e-commerce continues to grow,…

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N3.6bn fraud: Trial of ex-NDDC director, Omatsuli, 3 others fixed for Feb. 11

The trial of the Executive Director of Niger-Delta Development Commission (NDDC) Engineer Tuoyo Omatsuli, who was charged on alleged N3.654 billion fraud, before a Federal High Court, Lagos, was today adjourned till February 11. Engineer Omatsuli is being arraigned before Justice Saliu Saidu, by the Economic and Financial Crimes Commission (EFCC) alongside Don Parker Property Limited, Francis Momoh and Building Associates Limited. At the resumed trial of the matter today, defendants’ counsel, Mr. Norison Quakers (SAN), told the court that though, he is ready for trial of the matter, but one…

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Interswitch opens platforms for easy 2019 JAMB / UTME registration

Following its accreditation by the Joint Admission and Matriculation Board (JAMB) to provide ePINs and forms for candidates looking to register for the JAMB/UTME examinations, Interswitch, a foremost Pan-African digital payment and Commerce Company, has announced the opening of its platforms for the 2019 JAMB/UTME registrations. Prospective candidates seeking to register for the 2019 JAMB/UTME examinations, can easily obtain their ePINs and forms from enabled Interswitch platforms such as Quickteller Mobile App/Web, Quickteller Paypoint (Agents), via payment with Interswitch WebPAY on JAMB’s website and through payment using Interswitch Paydirect at…

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