By Eyo Nsima Emirates Airlines has restored its operations back to Lagos, Nigeria with effect from September 11, 2022. The airline had suspended its operations over alleged inability to repatriate funds from Nigeria. But in an email to customers, the Emirates, stated: “We are pleased to inform you that effective from 11th September 2022, we […]
JUST IN: Emirates returns to Lagos, Nigeria Read More »
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
JUST IN: Emirates Airlines suspends flight to Nigeria over $85m revenue Read More »
After over two decades, the Petroleum Industry Act (PIA) finally became law when President Muhammadu Buhari signed it in August 2021. Recall that the PIA is meant to promote transparency, good governance, and accountability in Nigeria’s petroleum resources administration and encourage local cum foreign investments. However, despite these expectations, the PIA has been met with
PIA: BudgIT examines progress, urges FG to ensure timely implementation Read More »
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.
JUST IN: SON presents ISO 9001: 2015 Certification to Techno Oil Limited Read More »
The West African Power Pool (WAPP), is planning to create a Liquidity Enhancement Revolving Fund, LERF, for the ECOWAS Regional Electricity Market. Chairman, Executive Board of WAPP, Engr. Dr. Sule Ahmed Abdulaziz, stated this at the weekend, during the 54th meeting of the Executive Board Meeting held in Cotonou, Benin Republic. Engr. Abdulaziz said, “The
WAPP to create liquidity enhancement fund as chairman lauds financial transparency Read More »
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,
Premium Bread-Makers Laud UNDP, LSETF, BIG for Skill Impartation Read More »
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
LCCI inducts new members, harps on integrity Read More »
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
CENTRE FOR THE PROMOTION OF PRIVATE ENTERPRISE [CPPE] HALF YEAR ECONOMIC REVIEW Read More »
By Eyo Nsima Today, BAT unveiled glo™ hyper X2 in Tokyo, Japan, the latest innovation from glo™, BAT’s fast-growing global heated tobacco brand. The product’s innovative new ‘barrel styling’ design is shaped by consumer insights, offering new, innovative, user-friendly features. Building on the ground-breaking glo™ hyper+, which launched in 2020, hyper X2 incorporates advanced induction
BAT launches glo™ hyper X2: latest, state-of-the-art heated tobacco product Read More »
