Business & Economy

dre aviation, an African focused aviation consultancy firm, has announced a major strategic appointment by a Middle East based private equity firm.  In its latest contract win,the leading consultancy firm will provide financial and business due diligence support to the private equity firm and will shortly undertake its first assignment in the potential acquisition of a “significant aviation player” in …

Due to the inability of Asset Management Corporation of Nigeria (AMCON) to secure an Air Operators Certificate ( AOC) for Nigerian Eagle (NGE), Captain Ado Sanusi has been reappointed  as Aero Contractors  substantive managing director. According to AMCON,  Capt.  Sanusi  was reassigned by AMCON in 2020 to manage the Nigerian Eagle (NGE) carrier as part of the exit strategy of …

K-Impex Airline has appointed His Royal Highness, Nasiru Ado Bayero as the substantive Chairman of the board of the organisation. The new board Chairman, an accomplished banker and businessman is the current Emir of Bichi, one of the Emirates in Kano State. The first class Royal Father became the substantive Chairman of K-Impex Airline earlier this year following the exit …

The African Business Aviation Association (AfBAA) has announced two new appointments, Mr Dawit Lemma, as AfBAA Vice President, International, based in Addis Ababa, Ethiopia, and Ms Samantha (Sam) Keddle, AfBAA Manager, based in Johannesburg, South Africa in an effort to drive growth and provide increased support to AfBAA members. The appointments of Mr Lemma and Ms  Keddle take effect from …

Nigerian Airspace Management Agency (NAMA) says it plans to recruit additional 100 Air Traffic Controller Officers (ATCOs) to tackle the impeding shortage of controllers in the country with at least 40 ATCO cadets undergoing training at the Nigerian College of Aviation Technology (NCAT), Zaria.   The 40 ATCs are expected to fill vacuum shortage of ATC may result to in …

London-based, Africa focussed, aviation consulting firm, dre aviation, have announced a signed joint venture agreement with two (2) Nigerian partners in order to offer Commercial GSA representation for both  passenger and cargo business for their global clients in Nigeria. “We are pleased to partner with two (2) of Nigeria’s prominent service providers in the Passenger and Cargo GSA pace and …

HERITAGE Bank Plc has announced the appointment of Akinola George-Taylor as its acting Managing Director. Following the receipt of the approval of the Board of Directors of Heritage Bank and the Central Bank of Nigeria, the Bank is poised for its next phase of transformation. The new Ag. Managing Director will be overseeing all Heritage’s banking operations across Nigeria. George-Taylor …

UNIONS North, South, East and West of Nigeria made good their threat as they embarked on a peaceful protest over alleged inclusions into the Civil Aviation Bill that will affect their activities as unionists The unions including the National Union of Air Transport Employees (NUATE), Air Transport Senior Staff Association of Nigeria( ATSSSAN), National Association of Aircraft Pilots and Engineers( …

Bank declares N0.20k interim dividend GROUP Managing Director/Chief Executive Officer of Africa’s Global Bank, United Bank for Africa (UBA) Plc, Oliver Alawuba, has commended the stellar performance of the bank after it announced audited financial results for the half year ended June 30, 2022, recording double-digit growth across key income lines and progress in the contribution from its subsidiaries. UBA …

JOINT unions have insisted on a peaceful demonstration from Monday September 12, 2022 and a total industrial action after a 14 day period in a bid to tackle an existential to threat arising from some obnoxious clauses infused in the Aviation Bill presented to the president to accent into law. The unions including the National Union of Air Transport Employees …