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Other Business News

ACI issues safety, health accreditation certificates to three Nigerian airports

SAM Mbakwe International Cargo Airport, Owerri (SMICA),Margaret Ekpo International Airport, Calabar and the Sultan Abubakar III International Airport Sokoto have both received recognition and accreditation for their commitment  to prioritizing health and safety measures in accordance with ICAO  Council Aviation Restart Task Force (CART) recommendations. These accreditation are in alignment with ACI Aviation Business Restart and Recovery guidelines along with …

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Sekibo canvasses market formation framework to develop solid mineral sector

MANAGING Director/ Chief Executive Officer of Heritage Bank Plc, Ifie Sekibo has explained that a fully established market formation framework is key to optimally exploit Nigeria’s precious metal and solid minerals endowments. Stating that the market formation process would lead to having a Corporation as an integrated solid mineral institution like NNPC which allows the collateralisation of assets those banks …

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Heirs Insurance, Heirs Life to host brokers at NCRIB Forum

NEWLY launched insurance companies, Heirs Insurance Limited (HIL) and Heirs Life Assurance Limited (HLA) have announced plans to host over three hundred brokers at the Nigerian Council of Registered Insurance Brokers’ (NCRIB) monthly forum. The event, which is scheduled to hold on Tuesday, July 6, 2021, in Lagos will have the leadership of both companies meet with brokers from across …

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Customer Lending: ‘UBA is boosting economic growth in Africa through credit’

PAN-AFRICAN financial Institution, United Bank for Africa (UBA) Plc has emphasized the importance of customer lending and has stated its unwavering commitment to the support of businesses and financial inclusion in Africa through its array of consumer lending products. There has been clear evidence that credit remains a major economic stimulant and growth driver; but this has been largely inaccessible …

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SITA on course to be carbon neutral by or before 2022; reduces overall emissions by 48%

GLOBAL air transport IT provider Société Internationale de Télécommunications Aéronautiques (SITA) remains set to become a certified carbon neutral organization by or before 2022, an achievement that is well ahead of common airline industry milestones, such as 2030 and 2050, or those of the Paris Agreement. SITA made this known as it released its annual Corporate Social Responsibility (CSR) report, …

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NCAA grants 7Star Hangar certificate to operate after $10million investment on equipment, tools and training  

NIGERIAN Civil Aviation Authority (NCAA) has granted 7Star Global Hangar Ltd, an Aircraft Maintenance Organisation (AMO) to operate an all-inclusive Maintenance Repair and Overhaul (MRO) facility. The Chief Executive Officer of 7Star Global Hangar, Isaac Balami, while speaking with journalists in lagos highlighted the benefits of the hangar to airline operators within and outside the country. He said, “7StarGlobal is …

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UK-US aviation leaders call for re-opening of transatlantic travel

CEOs of all airlines that offer UK-US passenger services – American Airlines, British Airways, Delta Air Lines, JetBlue, United Airlines and Virgin Atlantic joined today with Heathrow Airport and other industry-leading CEOs in calling for the re-opening of transatlantic travel, a move that will be essential to igniting economic recovery. Top leaders in aviation and travel came together ahead of …

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Heritage Bank partners RTEAN on travelers’ insurance scheme

HERITAGE Bank in partnership with the Road Transport Employee’s Association of Nigeria (RTEAN) has launched the Travelers’ Accident Insurance Scheme (TAIS) aims to address deaths associated with inability of travelers involved in accident to offset hospital bills. The Regional Executive, Abuja and North, Heritage Bank Plc, George Okoh-Oboh, speaking at the launch of the scheme in Abuja on Friday, commended …

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