Workers of the South Africa Revenue Service (SARS) on Tuesday called off their four-day strike following their acceptance of the fiscal authorities’ offer of eight percent wage increase in 2019 and a CPI-plus-2-percent rise for 2020-21. The deal was struck following negotiations with the authorities by a union representing about half its employees, National Education, […]
Stakeholders in Africa’s aviation sector have canvassed the need for governments in the continent to review downwards some taxes on airlines, travellers and other air travel-related businesses as a strategic step towards growing the sector. The stakeholders at the weekend also urged African government to stop seeing air transport as luxury service, but as a […]
Nigeria’s telecommunications industry regulator, the Nigerian Communications Commission (NCC) at the weekend said that it had modified the process of replacing SIM cards. The Director of Zonal Operations of the commission, Mrs. Amina Shehu, who gave this hint at a Consumer Conversation Programme in Lafia, Nasarawa State, explained that the step was necessitated by the […]
The Nigerian Civil Aviation Authority (NCAA) on Sunday instructed Air Traffic Controllers (ATCs) in all the nation’s airports to temporarily close the airspace during hazardous weather conditions to avert air travel crisis. This is even as it also advised pilots and airline operators to exercise caution during flight operations in such weather conditions. The agency […]
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, at the weekend described the Appeal Court judgement in the case between the agency and the Nigerian Liquefied Natural Gas (NLNG) Limited over levies payable to the maritime regulator as desirable to the nation’s justice system. The Court of Appeal […]
The latest analysis on global misery level published by Steve Hanke, an economist from John Hopkins University in Baltimore, United States, indicated that Nigeria ranked as the sixth most miserable country in the world. In his writing in the Forbes magazine of March 28, titled ‘Hanke’s Annual Misery Index 2018: The World’s Saddest (And Happiest) […]
Following the successful completion of its merger with Diamond Bank, Access Bank Plc on Sunday unveiled its new brand logo to an enthusiastic audience at a social event in Lagos. The bank’s Executive, Personal Banking, Mr Victor Etuokwu, who spoke on the latest re-branding of deposit money bank (DMB), disclosed that 400 branches would be […]
The chief executive officer of Facebook, Mark Zuckerberg, has canvassed the need for new global regulations governing the internet. Specifically, he recommended tough rules on hateful and violent content, election integrity, privacy and data portability, among other regulatory imperatives. In a statement that was published as an op-ed in some newspapers, the Facebook chief said the […]
The Securities and exchange Commission (SEC) on Sunday disclosed that out of the over 90 initiatives outlined in the 10-Year Capital Market Master Plan, 66 initiatives had been flagged off since year 2015 with 13 of them completed so far. The Acting Director General of the SEC, Ms. Mary Uduk was quoted in a statement […]
The Securities and Exchange Commission (SEC) has extended the deadline for the issuance of dividend warrants to 31st December 2019. According to the capital market regulator, the extension is to enable relevant stakeholders deliberate on and address all outstanding issues relating to the practice. The Commission, in a circular hoisted on its website, stated that […]