Business & Economy

UNITED Bank of Africa (UBA) has announced a donation of N5billion (US$ 14 million) through the UBA Foundation as a response to combat the dreaded COVID-19 pandemic. The Bank in an announcement by the UBA Group Chairman, Chief Tony Elumelu will deploy this donation to provide significant and much needed …

PAN African financial Institution, United Bank for Africa (UBA) during the weekend held Micro Small and Medium Enterprises (MSME) capacity training in Onitsha where eneficiaries were trained in record keeping, cost reduction, stock compiling, financial and taxation planning, maximising opportunities, financial planning and projections. UBA’s Regional Head of Anambra II …

IN responding to the COVID-19 scourge, Emirates Group consisting Emirates Airline and dnata have re-adjusted their business world wide as the airline will temporarily suspend most passenger operations by Wednesday, March 25, 2020 while dnata reduces operations. Since the COVID-19 outbreak began, Emirates and dnata have been adapting operations in …

NIGERIAN Senate, on Tuesday, confirmed the nomination of Captain Musa Shuaibu Nuhu for appointment as the Director General of the Nigerian Civil Aviation Authority (NCAA). President Muhammadu Buhari had, on October 23rd 2019 , forwarded the nominee’s name to the upper legislative chamber for confirmation. The confirmation followed the consideration …

TONY O. Elumelu, CON, has congratulated the African Development Bank (AfDB), and AfDB President Akinwumi Adesina, on their commitment​ to African entrepreneurship, with the disbursement of $2.5million seed capital to the AfDB-sponsored beneficiaries of the 2019 TEF Entrepreneurship Programme. The $2.5m fund was released yesterday, with the remainder expected to …

UNITED States Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa. This partnership ensures businesses are equipped with the technical and financial tools they need …

SANAD Aerotech (Sanad), the leading provider of aircraft engine maintenance, repair and overhaul (MRO) solutions and part of Sanad – a wholly owned subsidiary of Mubadala Investment Company (Mubadala), has elevated its business expansion ambitions in Africa by signing a landmark agreement with Ethiopian Airlines, the continent’s fastest growing airline …

STANDARDS Organisation of Nigeria (SON) has said that importers who have failed to comply with the pre-shipment processes are the only ones complaining on accumulation of demmurage on their consignments. This is just as the SON discredited claims by one Kayode Farinto over purported collapse of its online application portal …

AIR FRANCE, KLM, Delta and Virgin Atlantic have launched their expanded joint venture which combined, is estimated at US$13 billion, offering a greater choice of routes and loyalty options when travelling between Europe, the U.K. and North America. The new partnership provides customers with more convenient flight schedules and a …

SANTOS Aviation limited and 7-Stars Global Hangar have sealed a partnership to enable the former carry out aircraft interior refurbishment at the latter’s operational hangar, a relationship that will enable both parties create employment for hundreds Nigerian youths and reduce capital flight. This is just as a three-man team of …