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Business & Economy

UBA Connect becomes operational as customers can make transactions in 20 African countries

UNITED Bank for Africa (UBA) Plc is deepening intra-African trade with the official launch of UBA Connect, a flagship product that enables the customers of the bank to conduct traditional banking transactions at any UBA branch in the 20 African countries where the bank operates. The service, which is available …

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IATA lauds Air Peace for upholding high safety standards

HEAD of Account Management, West and Central Africa, International Air Transport Association, IATA, Dr Samson Fatokun, has commended Air Peace for upholding high standards of safety in its flight operations. Fatokun gave the commendation while presenting the third IATA Operational Safety Audit, IOSA, Certificate to the Chairman of Air Peace, …

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NCS appoints NOVA Merchant Bank as duty collecting bank

HAVING satisfied all the conditions set, NOVA Merchant Bank has been appointed as a designated collecting bank for Import, Excise and other duties by the Nigeria Customs Service. This will enable the Bank handle duty payments for its clients in addition to process and issue custom bonds along with guarantees …

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UBA scales up salary to 170%, recruits 4,000, promotes over 5,000

UNITED Bank of Africa (UBA) have promoted no fewer than 5, 000 staff with up to 170% increase in their salaries and benefits with immediate effect this January. This is just as over 4000 new staff members resumed in the last week of December 2019 in a massive recruitment drive, …

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737 MAX Debacle: Boeing forces Muilenburg out as Calhoun steps in as CEO

BOEING Company on Monday ousted Chief Executive Dennis Muilenburg as the company continues its struggles with 737 MAX jetliner crisis caused by the two fatal crashes of 2019 and has appointed David Calhoun, as CEO from next year, January 13th, 2020. Boeing’s board decided to remove Mr. Muilenburg on Sunday …

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MMA2 unveils NCAA certified AVSEC instructors, assures of seamless operations as year winds down

OPERATORS of the Murtala Muhammed Airport Terminal Two (MMA2), Bi-Courtney Aviation Services Limited (BASL) unveiled some of its AVSEC staff who were recently certified as Aviation Security (AVSEC) Instructors by the Nigerian Civil Aviation Authority (NCAA). BASL has also assured travellers and other airport users of hitch-free flight and business …

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FG appoints Olakunle Hassan NAHCON chairman, members

President Muhammadu Buhari has submitted names of the new Chairman and members of the National Hajj Commission, (NAHCON) to the Senate and has urged the Upper House to expeditiously consider and confirm the nominees. The President in a letter addressed to the Senate, wrote: “Pursuant to Section 3 (2) of …

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Tony Elumelu Foundation opens applications for TEF Entrepreneurship Programme, January 1, 2020

TONY Elumelu Foundation (TEF) will begin accepting applications for the 2020 cohort of the TEF Entrepreneurship Programme, on January 1, 2020. The Programme is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 young African entrepreneurs.  The goal is to create millions of jobs and the revenue …

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Heritage Bank enables 2000 female entrepreneurs

NO fewer than 2000 female entrepreneurs have benefitted from Heritage Bank’s financial inclusivity initiatives, as the institution has moved them towards self-reliance by engaging them in some Micro, Small and Medium Enterprises (MSMEs) This move is in line with the people-oriented policies of the Central Bank of Nigeria (CBN), Heritage …

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Heritage Bank partners Dukia Gold, identifies prospects in Nigeria’s £4bn Gold market

HERITAGE Bank Plc has said there is enormous potential in Nigeria’s £4 billion Pounds Gold market with high prospects of profitability for all players in the subsector. The MD/CEO, Ifie Sekibo, who stated this at the Nigeria-Canada Investment Summit, held in Abuja, yesterday said the industry had the prospect of …

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