British firm offers FG olive branch over contract dispute

.. As Nigeria’s judgment debt rises above $9bn Nigeria stands to lose up to $9 billion worth of its foreign assets followingan enforcement application to US and UK courts by Process and Industrial Development (P &ID), a British firm tied up in a legal dispute with the federal government.  The court case arose out of the failure of a contract awarded the company in 2010 to process wet gas to power Nigeria’s generating plants. In January 2017, a London tribunal, organized under the rules of the Nigeria Arbitration and Conciliation…

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Luxuria Lifestyle International Magazine, Premium events expand into Nigeria

Luxuria Lifestyle International, one of the world’s leading luxury lifestyle e-magazine and premium events groups, are expanding their global operations into Nigeria while forming an exciting new joint venture with the Hole19 luxury retail group, based in Abuja. With offices in 10 countries, Luxuria Lifestyle International is one of the world’s leading online luxury lifestyle e-magazine and business to consumer event groups. Luxuria Lifestyle e-magazine provides an all-encompassing guide to the affluent lifestyle, including informative and interesting articles on the world’s most luxurious products and services, together with industry news,…

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NAHCO increases export warehouse capacity

West Africa’s foremost ground handler, nahco aviance, has expanded the size of its export warehouse. The company said the expansion was  tailored at increasing capacity to take care of growing cargo volumes, The new facility, comprising three sections; Annex Extension, the Canopy Area and the Ramp Area comes on the heels of expanding airfreight volume in the country.  The Annex extension has a dimension of 270 square metre; the Canopy area 352 square metre and the Ramp area 55 square metre. The facility provides adequate space for packaging rising cargo exports…

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Arik Air announces arrival aircraft from maintenance

Arik Air has announced the arrival of one of its aircraft fresh from maintenance overseas. The aircraft, a Boeing 737-700 NG touched down in Lagos Wednesday morning and it has since been deployed to service. The aircraft which went through heavy maintenance at the Approved Maintenance Organisation (MRO) came back with fresh C-check, new exterior and interior fittings. It is the first of the four aircraft expected to return from maintenance this month. Other three are due to arrive between now and end of May. Speaking on the latest development,…

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Illegal arms importation: Court dismisses accused’s motion seeking to witness mother’s burial

A Federal High Court, Lagos, today, dismissed a motion filed by Oscar Okafor, one of the defendants facing trial on alleged illegal importation of 661 pump action rifles into the country, seeking the court’s permission to attend his late mother’s burial. The court presided over by Justice Ayotunde Faji, dismissed the motion on the ground that the charges which the applicant is standing trial for is one that affects national security which is above any other interests. Okafor is standing trial on alleged illegal importation of 661 pump action rifles…

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Court remands 2 businessmen in prison for alleged sale of substandard gas cylinders

A Federal High Court in Lagos has remanded two businessmen, Emmanuel Anthony Nnan and John Paul Ejike in prison custody over alleged importation and sale of substandard gas cylinders. The duo were remanded in prison after their arraignment alongside their company – Star Master Electrical Co. Ltd by the Standards Organisation of Nigeria (SON). They are to remain in custody pending the perfection of the N50 million bail granted them by the court. The defendants were arraigned before Justice Saliu Saidu on Monday, May 13,2019 on a five count charge…

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AIB gains momentum in int’l cooperation, recognition, signs ETCP with France

The Accident Investigation Bureau (AIB) Nigeria today made further trail blazing strides in achieving its organisational objective to become the bastion and reference point of excellence in air accident investigation in Africa.   AIB-N and the Bureau d’Enquêtes et d’Analyses pour la Sécurité de l’Aviation Civile (BEA) France, yesterday in Paris, France signed an Executive Technical Cooperation Programme geared towards fostering mutual cooperation between both countries in respect of air accident investigation and capacity building.   Commissioner/CEO of AIB, Engr. Akin Olateru, while signing the Executive Technical Cooperation Programme (ETCP) in Paris…

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Med-View Airline prepares for hitch-free Hajj operations

Counting on its experience in the airlift of pilgrims since 2007, Med-View Airline has once again come atop as one of the three carriers the federal government selected for the airlift of Muslims for the 2019 Hajj. The choice of Med-View Airline is rooted in existing strategic partnership with National Hajj Commission {NAHCON}, which transcends the normal brief to assisting the government agency in the airlift of stranded pilgrims in the holy land over the years. Rising to the challenge, the airline CEO, Alhaji Muneer Bankole assured all stakeholders of…

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