The Nigerian Exchange Limited has imposed a total penalty of N719.7m on 14 companies listed on the stock market for late filing of their audited and interim financial statements. The NGX disclosed this under the ‘2021 default filings’ section of a report obtained by our correspondent on Tuesday. The companies that filed their financial statements […]
Kenya Airways Boeing 737-800 © Tis Meyer (PlanePics.org) Kenya Airways (KQ, Nairobi Jomo Kenyatta ) has appointed Steer Group to guide it on the most viable turnaround strategy in the face of deepening financial losses and depressed travel demand, reports Kenya’s Business Daily. Chief Executive Officer Allan Kilavuka said the London-based consultancy firm took up […]
Kenya Airways Boeing 737-800 © Tis Meyer (PlanePics.org) Ending a month-long feud, Kenya has re-opened its airspace for flights to/from Somalia in what Uhuru Kenyatta’s government has termed a sign of goodwill to boost bilateral relations between the two countries. “The Government of Kenya has taken due consideration of intercessions made and has decided to […]
Kenya Airways Boeing 737-800 © Tis Meyer (PlanePics.org) Ending a month-long feud, Kenya has re-opened its airspace for flights to/from Somalia in what Uhuru Kenyatta’s government has termed a sign of goodwill to boost bilateral relations between the two countries. “The Government of Kenya has taken due consideration of intercessions made and has decided to […]
Kenya Airways Boeing 737-800 © Tis Meyer (PlanePics.org) Kenya Airways (KQ, Nairobi Jomo Kenyatta ) has appointed Steer Group to guide it on the most viable turnaround strategy in the face of deepening financial losses and depressed travel demand, reports Kenya’s Business Daily. Chief Executive Officer Allan Kilavuka said the London-based consultancy firm took up […]
Kenya Airways Boeing 737-800 © Tis Meyer (PlanePics.org) Kenya Airways (KQ, Nairobi Jomo Kenyatta ) and UK-based advanced air mobility (AAM) company Skyports have signed a Memorandum of Understanding (MoU) to launch permanent unmanned aerial vehicle (UAV) operations in the African country by 3Q or 4Q21. The agreement is in line with Kenya Airways’ aspirations […]
Kenya Airways Boeing 737-800 © Tis Meyer (PlanePics.org) The International Monetary Fund (IMF) has asked Kenya’s National Treasury to limit its support to struggling state-owned enterprises (SOEs) such as Kenya Airways , as part of new conditions for approving USD2.34 billion worth of Extended Credit Facility (ECF) and Extended Fund Facility (EFF) arrangements for the […]
Kenya Airways Boeing 737-800 © Tis Meyer (PlanePics.org) Kenya Airways (KQ, Nairobi Jomo Kenyatta ) and UK-based advanced air mobility (AAM) company Skyports have signed a Memorandum of Understanding (MoU) to launch permanent unmanned aerial vehicle (UAV) operations in the African country by 3Q or 4Q21. The agreement is in line with Kenya Airways’ aspirations […]
Pulse Nigeria Specifically, the All-Share Index declined by 221.98 points or 0.57 per cent to close at 39,045.13, compared with 39,267.11 posted on Tuesday. Also, the market capitalisation dropped by N116 billion, closing at N20.428 trillion, from N20.544 trillion. The market loss was driven by price depreciation in large and medium capitalised stocks, amongst which […]
Kenya Airways Boeing 737-800 © Tis Meyer (PlanePics.org) Kenya’s National Assembly Transport Committee has rejected the proposed composition of a powerful body, to be headed by President Uhuru Kenyatta, that would oversee the nationslisation of Kenya Airways (KQ, Nairobi Jomo Kenyatta ) and manage the country’s airports under a new legal regime, reports Business Daily […]
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