Bank’s profit grows 27.7% as shareholders optimistic about future earnings prospects PAN African financial institution, United Bank for Africa (UBA) Plc has assured its teeming shareholders and investors of even greater returns in the coming months, with the bank having established a diversified business model that ensures impressive performance even in periods of uncertainty, across its geographical network. This is …

MANAGING Director Skyway Aviation handling Company (SAHCO), Mr. Basil Agboarumi have restated the need for government to look into handling companies’ plea to get duty waivers on importation of aviation and spares explaining that like aircraft, equipment are expensive and not off the shelf buys and cost millions in foreign exchange. This is just as he has identified heavy charges …

INTERNATIONAL Air Transport Association (IATA) announced that Willie Walsh has officially taken on the role of Director General of the organization. He succeeds Alexandre de Juniac. Walsh who expressed his passion for the industry he has served for over 40 years thanked de Juniac for leaving a strong organization behind stressing that he would ensure IATA is a forceful voice …

FEDERAL Executive Council (FEC) yesterday Wednesday March 31, 2021 approved contract worth over N10 billion for the provision of Airport Management Solutions for five international airports. The airports are the Murtala Muhammed international Airport (MMIA), Nnamdi Azikiwe International Airport (NAIA), Malam Aminu Kano International Airport (MAKIA), Port Harcourt International Airport (PHIA) and Akanu Ibiam International Airport Enugu (AIIA). According to …

NIGERIAN Meteorological Agency, NiMet, has said the prevalent haze over the north and a central part of the country in the last few days is a result of the passage of the midlatitude wave which helped in strengthening the surface pressure over the Sahara Desert region.” This weather, according to NiMet’s Central Forecast Office, CFO, in Abuja, resurfaced on Thursday …

By Stanley Olisa IF you have been keeping tabs on the foray of Air Peace and the rise to prominence by the Chairman of the airline, Allen Onyema, you would agree that the airline was never established primarily for profiteering purposes. Air Peace is one of Onyema’s economic interventions which are predominantly poised to solve the unemployment challenge in Nigeria. …

FOLLOWING flight shortages to service the Easter season, Air Peace, Nigeria’s leading airline, has deployed one of its wide-body Boeing 777 aircraft to service the Enugu route. The airline has also increased flight frequencies to Owerri and Asaba. Spokesperson of the airline, Stanley Olisa,  who disclosed this today in a news release, stated that the jumbo, extra-comfy aircraft has been …

SEQUEL to some revelations about how the N5billion of the N27 billion palliatives given to the aviation industry has been disbursed so far, the House of Representatives Committee on Aviation has resolved to demand from the Ministry of Aviation the detailed disbursement of the intervention fund. READ ALSO: Mshelia says West Link not aware of N5bn palliative disbursement The Committee …

CREAM Platform, Nigeria’s premiere creative reward platform officially kicked off its partnership with Heritage Bank’s YNSPYRE Initiative with the commencement of the CREAM Monthly draws on Friday – March 26th 2021, rewarding subscribers who dialed the 745463# code, with lots of cash and other prizes. The CREAM YNSPYRE Draw proper started off on a great note with random picking of …

Some airlines still unable to access funds suspect being targets FOLLOWING complains that airlines are yet to get any disbursement from the N5bn aviation palliative shared from the N27bn disbursed to the industry by the Central Bank of Nigeria (CBN)  more questions are being asked of why the secrecy of the fund disbursement and why the national carrier has become …