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Business & Economy

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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Fidelity Bank lauds Air Peace’s financial discipline; restates commitment to deepen partnership

FIDELITY Bank Nigeria Plc has praised the financial discipline of Nigeria’s major airline, Air Peace and restated commitment to continue to partner and collaborate with West Africa’s largest carrier. Managing Director, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe made this known while speaking during the ceremony to mark the arrival of Air Peace’s third Embraer 195-E2 on Thursday in Abuja. She …

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TEF’s over 200, 000 African trainees complete global business management training

THE Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering young African entrepreneurs from all 54 African countries, has successfully trained over 200,000 entrepreneurs in core business management skills as part of its 2021 TEF Entrepreneurship Programme. The Business Management training was conducted exclusively on TEFConnect,  the Foundation’s proprietary digital platform that provides capacity-building support, advisory and market linkages to over …

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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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Euphoric Air Peace workers celebrate salary increase by management

ECSTATIC workers of Nigeria’s biggest carrier, Air Peace on Monday celebrated heartily with chairman, Allen Onyema as the airline management gave them a salary increase with some receiving up to a 100% increment. The workers who appreciated the gesture could not believe the salary alert and noticed that all the workers were given a raise by the management with some …

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