Business

By Eyo NSIMA Emirates Airlines, the flag carrier of the United Arab Emirates (UAE), has announced the suspension of its flight operations to Nigeria, from September 1, 2022, because of its inability to repatriate $85 million revenue. In a statement obtained by The Daily, www.thedaily-ng.com, it stated: “Therefore, Emirates has taken the difficult decision to […]

By Eyo Nsima The Standards Organisation of Nigeria, SON, has concluded plans to present the ISO 9001: 2015 Certification to Techno Oil Limited at its Head office in Lagos today. The planned presentation followed the company’s continued compliance with best practices and international standards.

By Eyo Nsima  The Premium Bread-Makers Association of Nigeria, (PBAN) has commended the Lagos State Employability Trust Fund (LSETF), the United Nations Development Program (UNDP) and Bakery Initiatives Group, Nigeria (BIG) for their efforts, in imparting requisite baking skills on unemployed youths, thereby contributing in bridging the skills gap in the baking industry. General Secretary,

The United States International Development Finance Corporation (DFC), Chief Executive Officer, CEO, Scott Nathan, have signed a commitment letter for $280 million in financing for Access Bank Plc in Nigeria alongside Access Bank Managing Director Roosevelt Ogbonna. The loan will help address the financing gap for small- and medium-sized enterprises (SMEs) and advance financial inclusion

The Lagos Chamber of Commerce and Industry (LCCI) has charged the 46 organizations newly inducted to cherish tradition of high ethical standards, innovation, continuous improvement, integrity, and good corporate governance in business practice. Dr Asiwaju Michael Olawale-Cole, President / Chairman of Council Lagos Chamber of Commerce and Industry, stated this during the induction ceremony of

The Nigerian economy over the past six months was characterized by diverse economic vulnerabilities. These include the following: • Unprecedented surge in energy prices which had a very huge adverse effect on economic players across all sectors. • Unprecedented level of currency depreciation and currency volatility. • Increasingly weak fiscal space. • Acute foreign exchange

By Eyo Nsima FBN Holdings Plc, has explained its position on the Federal High Court granting an ex-parte order against it and some respondents over its 10th Annual General Meeting, AGM, adding that the meeting was validly held with all regulatory and statutory parties in attendance. In a statement sent to the Nigerian Exchange Limited,