Business & Economy

DELTA AIR LINES, Air France and KLM are celebrating 10 years of their successful trans-Atlantic cooperation, a partnership that has continued to lead the industry and set a trend for others to follow. Over the past decade, together the airlines have soared to new heights as they opened up new …

ATQ opens nominations for 2019 Balafon West African Travel and Tourism Awards as part of the annual travel event Accra Weizo, Atqnews will host the awards of the 2019 edition. In 2017, it hosted the awards for ‘Top 100 Tourism personalities in West Africa’ and at the 2018 edition it …

NAHCO aviance has expanded the size of its export warehouse, as part of plans tailored at increasing capacity to take care of growing cargo volumes. The new facility, comprising three sections; Annex Extension, the Canopy Area and the Ramp Area comes on the heels of expanding airfreight volume in the …

EMIRATES Group today announced its 31st consecutive year of profit and steady business expansion as it released today its 2018-19 Annual Report, posting a profit of AED 2.3 billion (US$ 631 million) for the financial year ended 31 March 2019, down 44% from last year. The Group’s revenue reached AED …

PRESIDENT of Rwanda, His Excellency Paul Kagame and President of Senegal, His Excellency Macky Sall, will join Tony O. Elumelu, CON, TEF Founder and Chairman of Heirs Holdings and the United Bank for Africa (UBA) and 5 000 other African entrepreneurs as The Tony Elumelu Foundation (TEF), hosts its 5th …

FOLLOWING the certification and designation of the FAAN training centre as an ICAO Aviation Security Training Centre on the 9th October, 2018, the Federal Airports Authority of Nigeria (FAAN), today, 23rd April 2019, held its inaugural ICAO sponsored training: ICAO Risk Management Workshop at the Aviation Security Training Centre, FAAN …

FEDERAL Government yesterday said that it is considering the recapitalization of Bank of Agriculture (BoA) with N250billion in 90 days in collaboration with the Bureau of Public Enterprise (BPE) as part of plans to revitalize it. Minister of Agriculture and Rural Development, Chief Audu Ogbeh, who stated this in Abuja …

THE Federal High Court Ikoyi Lagos has remanded businessman, Cajetan Chike Muonagolu, in prison custody on a 4 count charge bordering on dealing in adulterated and substandard engine oil. The court presided over by Justice Saliu Saidu also admitted Muonagolu bail in the sum of N50million and two sureties in …

AT a time when Europe’s relationship with Africa is high on foreign policy and developmental agendas and with the European Union beginning to deliver on its 2017 External Investment Plan, targeted at attracting investment and job creation in Africa, the Tony Elumelu Foundation brought together leading stakeholders in the development …

targets supply to Niger, B/Faso, other W/African countries MAINSTREAM Energy Solutions Limited, operators of Kainji Dam and Jebba Hydro Power plants says it loses at least N1.8 billion annually, a N900 million monthly average due to stranded power occasioned by load rejection by the National Control Centre, (NCC) . This …