Category: Aviation

NCAA Describes Amaechi’s Grounded Aircraft ‘Illegal Immigrant’

•Says politics has no role in decision
•Rivers: We’ve not been notified of reason for grounding

The Nigerian Civil Aviation Authority (NCAA) has defended the grounding of the Bombardier – BD 700-1A11 (Global Express) aircraft, with registration number N565RS, operated by the Rivers State Government, saying the action was taken in accordance with safety procedures and the law that governs Nigeria’s civil aviation regulations.

The NSE Revises Indices

NSE CEO The Nigerian Stock Exchange (NSE) announced an error in the NSE 30 Index and Sectorial Indices. This problem has been attributed to a wrong Index Divisor used earlier which gave rise to a wrong index values. The head of Market Operations at The NSE, Mr. Ikponmwosa Obaseki said the development has been corrected…

  The Central bank has noted with great surprise, several malicious misrepresentations regarding the recently announced programme on currency review and restructuring, tagged ”PROJECT CURE”. In order to correct these dangerous misrepresentations, the CBN wishes to state as follows: According to Press statement at CBN’s web site signed by Signed Ugo A. Okoroafor Director, Corporate…