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Category: Business

codewit.com publishes an up-to-the-minute report of business and Nigeria financial news with personalized stock quotes as well as investing tools and tips.

Business

Poor Policies, Hostile Environment Bane of Indigenous Carriers

Codewit Correspondent Codewit CorrespondentDecember 27, 2013
Poor regulatory policies and a hostile operating environment have been identified as the major challenges facing Nigeria’s air transport sector, which has been described as lopsided in favour of international...
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Business

Kwankwaso Proposes N219.2bn Budget for 2014

Codewit Correspondent Codewit CorrespondentDecember 27, 2013
Kano State Governor, Alhaji Rabiu Kwankwaso, has presented a proposed budget of N219.2 billion to the state House of Assembly for the 2014 fiscal year.
   Kwankwaso also directed for...
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Business

FG Expands Facilities at Remodelled Lagos Airport

Codewit Correspondent Codewit CorrespondentDecember 27, 2013
The Federal Government has expanded facilities at the international terminal of the Murtala Muhammed International Airport, Lagos, with the extension of B and D arrivals and departures gates.   There...
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Business

Customs Service Saves Nigeria N27 billion with Document Scanning

Codewit Correspondent Codewit CorrespondentDecember 27, 2013
The Nigeria Customs Service (NCS)  has  saved the nation about  N27 billion through scanning and verification of importation documents, which it introduced as part of the cargo clearance process.  ...
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Business

Arik Air Enhances Offering with Mobile, Tablet Apps for Customers

Codewit Correspondent Codewit CorrespondentDecember 27, 2013
Nigeria’s major airline, Arik Air has continued to improve its in-flight technology for the comfort of passengers by becoming the first sub-Saharan airline to introduce a mobile and tablet booking...
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Business

Turkish Airlines’ Flight from Kano Excites Stakeholders

Codewit Correspondent Codewit CorrespondentDecember 27, 2013
The inaugural flight of Turkish Airlines from Mallam Aminu Kano Internatioal Airport, Kano recently marked the beginning of major international operations from the nation’s oldest aviation city, signposting a potential...
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Business

Arik Makes History, Acquires New Aircraft on 7th Anniversary

Codewit Correspondent Codewit CorrespondentDecember 27, 2013
Arik Air made history recently with the delivery of its 7th Bombardier aircraft while marking its seventh anniversary, bringing its fleet to a total of 26 modern aircraft.   The...
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Business

Maritime Journalists Honour Cotecna

Codewit Correspondent Codewit CorrespondentDecember 27, 2013
Maritime journalists have honored Cotecna Destination Inspection Limited (CDIL), for being the leading service provider in import supervision scheme, before the Nigeria Customs Service recently took over its complete implementation....
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Business

Customs Seizes over 1000 Bags of Rice

Codewit Correspondent Codewit CorrespondentDecember 27, 2013
Nigeria Customs Service (NCS), Seme Border Command, has seized over 1000 bags of rice allegedly smuggled into the country by suspected smugglers.   The commodity with a duty paid value...
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Business

Minister Hails NRC Procurement of More Tank Wagons

Codewit Correspondent Codewit CorrespondentDecember 27, 2013
Minister of Transport, Senator Idris Umar has hailed Nigeria Railway Corporation (NRC) for procuring more tank wagons for the haulage of petroleum products from the nation’s seaports, especially the ones...
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