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NiMet, ANAP finally to end industrial feud on conditions of service

AFTER months of gruelling confrontation between the management of Nigerian Meteorological Agency (NiMet) and unions over unacceptable conditions of services, both parties have come together to resolve the imbroglio. NiMET management and the Association of Nigerian Aviation Professionals (ANAP) have agreed to set up an urgent committee, comprising  all Trade …

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Turkish Airlines announces 85.3% Load Factor in July

TURKISH Airlines has announced its highest load factor (LF) for passenger and cargo traffic in history with 85.3%. Despite the high base of July 2017, growth in the number of passengers, revenue per kilometer and load factor, has been an important indicator of the continued increase in global interest to …

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15 Dubai companies to showcase at Akwaaba Travel Market

NO fewer than 15 companies from the Dubai, the United Arab Emirates (UAE)will be attending Akwaaba for this year. Dubai, the leading tourism destination in Middle East and Africa, has become the biggest destination for Nigerian travellers with over 20 flights a day terminating in Dubai from Lagos and Abuja. …

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Transcorp Hotels Plc records 85% increase in Half Year 2018 Profit After Tax

TRANSCORP Hotels Plc. (“Transcorp Hotels”) has announced its Unaudited Financial Statements for the period ended June 30, 2018 showing significant growth over same period last year recording a turnover of N8.01billion, Profit Before Tax of N2.02billion and Earning Per Share of 17.84 Kobo. Transcorp Hotels delivered a commendable 29% year-on-year growth in …

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SAA partners RadissonBlu Hotel to promote domestic tourism in Nigeria

SOUTH African Airways (SAA), has partnered RadissonBlu Anchorage Hotel Lagos in a bid to promote domestic tourism and encourage travellers to experience Lagos and Nigeria in general. While SAA from South Africa and beyond will fly in travellers, RadissonBlu Anchorage hotel Lagos will be providing exceptional accommodation and experiential Lagos …

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President Buhari commissions $823.5m Abuja light rail line

PRESIDENT Muhammadu Buhari has commissioned the $823.5m standard gauge rail line from Nnamdi Azikiwe International Airport to the Abuja metro station which is the first Light Rail Project of its kind in West Africa. The 45.245km standard gauge rail line project was flagged-off by former President Olusegun Obasanjo in 2007 …

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Macron engages 2000 African entrepreneurs on growing businesses to reach European markets

FRENCH President, Emmanuel Macron offered a bold and new vision of France’s relationship with Africa, speaking to Tony Elumelu Entrepreneurs in Lagos today. He passionately advocated a new partnership, prioritizing the role of entrepreneurship in driving Africa’s renaissance, highlighting the importance of the private sector and urging the creation of …

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Elumelu’s investment in Nigerian entrepreneurs hits N4.4b with N500million pledge to Delta State

THE Tony Elumelu Foundation (TEF) Founder and Chairman of United Bank for Africa (UBA), Tony O. Elumelu, CON has pledged N500 million to create an entrepreneurship programme exclusive to indigenes of the state. Elumelu made this commitment during a courtesy visit to the Governor of his native Delta State, after …

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Dana Group clears air on malicious BM on Whatsapp against airline, other businesses

DANA Group has this morning reacted to two broadcast messages being circulated on WhatsApp dissuading the public not to fly the airline and another purporting that the Dana group was importing branded rice from Pakistan that did not pass Health standard because it brings a virus only seen in pakistan. …

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IOM aids in reintegrating 7,362 stranded youth, partners Travel and Business News on NTEC

NO fewer than 7,362 stranded Nigerian migrants have voluntarily return from Libya through the joint initiative of the International Organization for Migration (IOM) and EUTF as part of efforts for migrants protection and reintegration. Mrs. Kolawole Opeyemi, Senior Programme Assistant, IOM, made this known at a partnership programme between the …

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