Home / Business & Economy (page 3)

Business & Economy

UBA empowers entrepreneurs in Onitsha with capacity training

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 …

Read More »

Emirates Group responds to COVID-19 outbreak suspends passenger service, as dnata reduces operations

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 …

Read More »

Senate confirms Captain Nuhu as Director General, NCAA

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 …

Read More »

Tony Elumelu Foundation disburses first tranche of  AFDB’s $5m partnership commitment

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 …

Read More »

USAID, UBA sign MoU to advance Prosper Africa’s two-way trade; investment goals

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 …

Read More »

Sanad Aerotech, Ethiopian Airlines partner to create MRO hub in Africa

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 …

Read More »

SON says non-compliant importers need to follow processes to clear consignments

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 …

Read More »

Air France, KLM, Delta and Virgin Atlantic launch leading joint venture

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 …

Read More »

Santos Aviation, 7-Star Global Hangar strike operational partnership to create jobs for Nigerians

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 …

Read More »

100 customers get N10m in ‘UBA Bumper Account’ Promo

N2m up for grabs every quarter, N100,000 monthly shopping allowance UNITED Bank for Africa (UBA) Plc on Tuesday, launched the ‘UBA Bumper Account’, a hybrid account, targeted at transforming the lives of its customers. The new account is in line with the bank’s mission of creating superior value for its …

Read More »