The Minister of Aviation and Aerospace Development, Mr Festus Keyamo says the Federal Government is ready to make Nigeria the aviation hub of Africa. Keyamo sated at the seventh edition of the Aviation Africa Summit and Exhibition 2023 this on Wednesday in Abuja. According to him, the...
BUSINESS
Air Peace Airline has announced the commencement of direct flights from Lagos and Kano to Jeddah in Saudi Arabia from Oct. 31. The airline’s Chief Operating Officer, Ms Oluwatoyin Olajide, made this known in a statement issued in Lagos on Wednesday. Disclosing this during an engagement with...
A French regulator has demanded that Apple remove its three year old iPhone 12 from the French market because tests showed electromagnetic radiation above allowable levels. The French agency in charge of telecommunications regulation, known as ANFR, ordered that the iPhone model “no longer (be) offered for sale...
Dangote Group, says it has deployed cutting-edge technology and other measures to mitigate emission of Green House Gas (GHG), and its impacts, in all its subsidiaries. The company’s Group Chief Branding and Communication Officer, Mr Anthony Chiejina, made this known in a statement on Tuesday in Lagos. ...
By MBAFAN ADE, Abuja – The Nigerian Communications Commission (NCC) has approved the transfer of a 10MHz spectrum in the 2.6GHz spectrum band from OPENSKYS Services Limited (OS) to MTN Nigeria. According to a statement from MTN, the licence took effect on September 7, 2023,...
The total revenue generated from postal activities in 2022 dropped from N3.63 billion in 2021 to N3.01 billion in 2022, indicating a decline of about 17.05 per cent. The National Bureau of Statistics (NBS) stated in its Postal Service Data for 2022 released in Abuja on Tuesday. The...
African Export Import Bank (Afreximbank) is to double its financing of intra-African trade to 40 billion dollars on a revolving basis by 2026. This bank’s intra-African trade financing stood at 20 billion dollars in 2021. Mrs Kanayo Awani, Afreximbank’s Executive Vice President, made the disclosure at the...
Emu kingdom in Ndokwa West Local Government Area on Monday joined other 67 communities in Delta to enroll into the Central Bank of Nigeria (CBN) oil palm plantation development initiative in the country. The Secretary General, Delta State Commercial Oil Palm Plantation Growers Cooperation Society Limited (DELCOM COOP),...
Nigeria is widely known to be not only Africa’s most populous country but also the largest economy on the Continent and it is expected that strong economic growth in Nigeria would generate substantial prospects for growth and spillovers for the whole West African region. Despite the prospect of accelerated...
Nigeria and the United Arab Emirate (UAE) have finalised agreement on the lifting of visa ban placed on Nigerian travellers and the immediate resumption of flights by Etihad and Emirates Airlines. This followed the visit of President Bola Tinubu to the emirate on Monday after his visit to...
Ecobank Nigeria is offering special loan packages for parents and guardians to enable them pay school fees for their children and wards ahead of resumption for the 2023/2024 school year. In another master stroke, the bank is making special infrastructure loans available to educational institutions. This, according to...
Tony Elumelu, Group Chairman, Heirs Holdings, has urged indian investors to channel their resources towards the Nigerian economy, saying this is the best time to invest in Nigeria. According to a statement in Lagos on Sunday, Elumelu wooed the investors at the Nigeria-India Presidential Roundtable and Conference in New...
Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has set up a taskforce to resolve the challenges faced by airlines in relocating to the Terminal 2 of the Murtala Muhammad Airport. Mr Oluseyi Odutayo, Head, Press and Public Affairs, Ministry of Aviation and Aerospace Development, said this...
By MBAFAN ADE, Abuja – Ethiopian Airlines Group, the fastest-growing global airline brand and the continent’s largest airline, is pleased to announce that it will start thrice weekly passenger services to Bangui, Central African Republic (CAR), as of November 15, 2023. Bangui is not only the capital,...
By CALLISTUS OFFOR, Abuja – The telecommunications sector’s contribution to the nation’s Gross Domestic Product (GDP) has increased significantly to 16 per cent in the second quarter of 2023, according to the data reported by the Nigerian Communications Commission (NCC) based on the computation by the Nigeria...
Heirs Holdings Group Chairman, Tony O. Elumelu C.F.R., urged the Indian private sector to seize the opportunity to invest in Nigeria, during the Nigeria-India Presidential Roundtable and Conference on Wednesday, September 6th, 2023, in New Delhi, India, jointly organised by the High Commission of Nigeria to India, the Confederation...
The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says he will ensure the completion of ongoing construction of the N68.5 billion Nigerian Upstream Petroleum Regulatory Commission (NUPRC) `BARREL’ building without hitches. The Minister made this known on Thursday while meeting with the management and staff...
Google on Thursday highlighted five ways it has improved search on Africa. The Communications and Public Relation Manager, Google, West Africa, Taiwo Kola-Ogunlade, said in a statement that the five ways of improved searches were for users best experience. Speaking on the occasion of its 25th anniversary...
Speaker of the House of Representatives Tajudeen Abbas on Thursday said that Nigeria lost N16.25 trillion to crude oil theft between 2009 and 2020. The speaker said this while inaugurating the ad hoc committee to investigate crude oil theft and loss of revenue in Abuja. He said the menace...