Latest News for: Nigeria leasing


CopterJet International launches in Lagos, advocates on collaboration

Business Day Online 13 Oct 2021
Copterjet International which officially launched on September 30th at Murtala Muhammed International Airport has called for strategic collaboration with stakeholders to drive growth, transformation, and development in Nigeria’s aviation value chain ... in Nigeria and beyond.

Seven Years Of Operations: The Story Of Virgin Nigeria Airways

Simple Flying 04 Oct 2021
One such carrier was Virgin Nigeria Airways, which flew for seven years in the 2000s and 2010s ... Virgin Nigeria commenced operations in June 2005 ... When Nigeria Airways ceased operations in 2003, the country needed a new national airline ... Virgin Atlantic had a 49% stake in Virgin Nigeria, and leased the new carrier a pair of Airbus A340-300s.

'Tie them down': Dortmund ponder how to keep Haaland, Bellingham

Egypt Today 18 Sep 2021
"The two boys (Haaland and Bellingham) are currently players with us... anything else is just rumours," said Rose ... One to watch. Max Kruse. The 33-year-old striker has found a new lease of life at Union Berlin, where he has forged an effective partnership with Nigeria forward Taiwo Awoniyi, who scored in their first three league games ... .

Tie them down': Dortmund ponder how to keep Haaland, Bellingham

Supersport 17 Sep 2021
Max Kruse</strong></p>The 33-year-old striker has found a new lease of life at Union Berlin, where he has forged an effective partnership with Nigeria forward Taiwo Awoniyi, who scored in their first three league games.</p>The 24-year-old Awoniyi says he has ...

C&I Leasing’s half-year profit hits lowest in 7years on income decline

Business Day Online 16 Sep 2021
One of Nigeria’s notable maritime companies, C&I Leasing Group, has reported its lowest half-year profit in seven years in the first half of 2021 as income and non-income from its leasing business declined ... Lease rental income was down 17.3 percent to N7.79 billion in June 2021 from N9.42 billion in the corresponding period of the previous year.

Can Nigeria stimulate economic growth through railways?

Business Day Online 07 Sep 2021
Over the last year, rail transport appears to have gotten a new lease of life in Nigeria, particularly with the Lagos-Ibadan route that was launched. However, much of Nigeria’s transportation is done by road, and infrastructure that remains inadequate and in poor condition for most parts.

Doubts Over Shell’s Reasons for Planned Onshore Exit, Litigations, Environmental Obligations Swell

Algeria Times 31 Aug 2021
Royal Dutch Shell’s decision to exit Nigeria’s onshore and shallow water may not be unconnected with growing litigations against the oil company and pressure to force it to carry out environmentally friendly operations, a THISDAY review has shown.

News Roundup: Nigeria’s GDP grew 5%, Shell loses Oil License, Kenya overtakes

Business Day Online 28 Aug 2021
Nigeria’s GDP grew 5% in Q2. Nigeria’s gross domestic product (GDP) grew by 5.01 percent in the second quarter of 2021, the most since 2014, thanks to the easing of COVID-19 restrictions that hurt growth last year ... That review has now resulted in the disposal of 14 stores across Ghana, Nigeria, ... Nigeria’s data usage hit 205,880 terabytes.

OML 11: Shell files appeal case at Supreme Court against NNPC

Business Day Online 23 Aug 2021
Royal Dutch Shell Plc’s Nigerian venture has filed a case at a Nigerian Supreme Court against an appeal Court ruling which ruled the company wasn’t entitled to renew an Oil Mining Lease (OML) 11 first granted in 1989. Last Monday, the court of appeal in Nigeria’s capital, Abuja, overturned a 2019 ruling that granted Shell Petroleum Development Co.

Custodian Investment mentors 150 youths on entrepreneurship

Business Day Online 20 Aug 2021
“Several years ago, we felt the need to fill a yawning gap concerning the Nigerian youth, who represents the future of this country ... Read also ... The group recently acquired 51 percent equity of UPDC Plc, a property investment company in Nigeria that buys, develops, sells, leases, and manages commercial and residential accommodation and retail space ... .

iWeb Inc. completed the acquisition of Tingo Mobile Plc.

The Salamanca Press 19 Aug 2021
Dozy Mmobuosi, Co-founded Tingo Mobile PLC (Nigeria) in the year 2001 and is the Group Chief Executive Officer ... Mmobuosi founded Fair Deal Concepts Limited, now Tingo Mobile Plc (Nigeria). In 2002 he led the design and launch of Nigeria's first SMS Banking Solution which a large bank still use today.

Shell Divestment: Maximising potentials and avoiding valuation, economics pitfall

Business Day Online 18 Aug 2021
Shell’s recent announcement about divesting its participating interests in several Oil Mining Leases and Joint Venture Assets through its Nigeria subsidiary – Shell Petroleum Development Company (SPDC) – has been met with various mixed feelings and analysis of its impact on the Nigerian Oil and Gas industry and indeed, the Nigerian economy.

Green Africa Airways Can Start Flying After Receiving AOC

Simple Flying 10 Aug 2021
With this major hurdle out of the way, the carrier can begin its initial domestic services across Nigeria ... ACIA Aero Leasing ... This, of course, is the day before the airline’s stated “first official commercial flight.” The airline’s first service connects Nigeria’s economic hub with its administrative capital.

iWeb Inc, OTC Markets QB, IWBB, announced it will acquire Tingo Mobile Plc. from Tingo ...

Finger Lakes Times 30 Jul 2021
Tingo is Nigeria's leading technology and Device as a Service platform aimed at accelerating digital commerce, especially in Agri-Tech & Fin-Tech verticals in Nigeria ... Tingo has four core business drivers.Mobile Phone Leasing ... Tingo's proprietary AgriTech platform, Nwassa, supports Nigeria's agricultural value chain with market access.

Let's end retail trade impasse with Nigeria once and for all – Afenyo-Markin

Ghana Web 24 Jul 2021
The terms of the Commercial Lease expired 46 years ago, without any evidence of renewal by the High Commission of Nigeria in Ghana ... 10 Barnes Road in Accra is the non-renewal of Lease after expiration, the Ghanaian authority did not give Nigeria the right of first refusal or the notice to renew the Lease.