5 Ways to Make Your Budget Hotel More Comfortable

By Aduragbemi Omiyale A small aircraft crashed near the Murtala Mohammed International Airport (MMIA) in Ikeja, Lagos. The yet-to-be-identified helicopter, which is said to belong to a private owner, reportedly crashed in the Oba Akran area of Lagos State on Tuesday afternoon. According to reports reaching this newspaper, the pilots survived the air disaster. Two pilots were said to be flying the chopper when it burst into flames after it fell into a private property in the area. At the time of filing this report, we are yet to confirm what was responsible for the ill-fated helicopter crash. However, some

By Adedapo Adesanya The Chief Operating Officer of Air Peace, Mrs Toyin Olajide, has refuted the claims by the former Minister of Aviation, Mr Hadi Sirika, that the company stopped its flights to Dubai over its lack of capacity. The airline operator also punctured the claims by Mr Sirika that Air Peace incurred of loss of about $19 million for keeping two Boeing 777 aircraft idle for several months. On Sunday, during an interview with Arise Television, the ex-minister, while praising Ethiopian Airlines, stated that Air Peace leased ‘two’ Boeing 777 aircraft on a monthly lease fee of $250,000, parked

By Adedapo Adesanya  The Federal Ministry of Aviation says it will collaborate with the United States on direct flights to Texas in a bid to expand the horizon of the aviation industry and deepen the bilateral relations with the world’s largest economy. The Permanent Secretary, Mr Emmanuel Meribole, said this during a visit to the Ministry by a delegation from the United States led by the Mayor of Houston, Texas, Mr Sylvester Turner, on Tuesday in Abuja. The ministry promised the US delegation that the Federal Government of Nigeria would work on its requests for direct flights from Nigeria to

Travelers, having experienced the high standards set by Dubai, are on the lookout for new Middle Eastern destinations that bring together both business and leisure. Ras Al Khaimah emerges as a rapidly growing Emirate, presenting itself as an attractive, cost-effective alternative to Dubai. Located just 45 minutes away from Dubai’s International Airport, Ras Al Khaimah boasts luxury shopping centers, breathtaking sceneries, and historical sites, catering to diverse traveler preferences. Let’s delve into the factors fueling Ras Al Khaimah’s metamorphosis and the rising prominence of its tourism. The Tourism Development Authority In 2011, the Ras Al Khaimah government founded the Ras

By Adedapo Adesanya Previous gains were erased at the oil market on Friday as major benchmark crudes fell into the bearish territory as demand concerns raised by surging coronavirus cases in the United States and Europe overshadowed the prospect of an extension to current supply cuts. The Brent crude went south by 78 cents or 1.84 per cent to $41.70 per barrel while the United States’ West Texas Intermediate (WTI) crude fell by 86 cents or 2.12 per cent to close at $39.78 per barrel. Prices had briefly moved higher at the previous session when the alliance involving oil producers

By Modupe Gbadeyanka No fewer than 35 journalists from Africa and Europe have been pencilled down for honours at the maiden edition of the Migration Media Award. The 35 journalists were chosen from 16 countries for their journalistic excellence in reporting on migration in the Euro-Mediterranean region. The winning entries feature fact-based and impartial reporting on the complexity of migration, its many challenges and opportunities. An international jury, composed of reputable senior journalists, evaluated over 120 applications for the four categories of video, print, online or radio in the English, French or Arabic languages. The 12 first-prize winners come from

By Adedapo Adesanya As the oil market continues to make slow recovery on the back of production cut from oil producers, global investment firm, Goldman Sachs, has raised its estimate for price of the Brent Crude next year. The bank revised up its projection for the international oil benchmark, under which Nigeria’s crude grade is priced, to $55.63 per barrel from $52.50 per barrel previously expected. There was also review of estimate for the US West Texas Intermediate (WTI) Crude price in 2021 to $51.38 per barrel from $48.50 earlier estimated. The market had been plagued by lower demand as

By Investors Hub The major U.S. index futures are once again pointing to a roughly flat opening on Wednesday, with stocks likely to show a lack of direction after moving higher over the course of the previous session. Traders may stick to the sidelines ahead of Federal Reserve Chairman Jerome Powell?s second day of testimony on Capitol Hill, with the central bank chief appearing before the House Financial Services Committee. A positive reaction to Powell?s testimony before the Senate Banking Committee on Tuesday contributed to strength on Wall Street, as he offered an upbeat assessment of the U.S. economy. Nonetheless,

By Investors Hub European stocks are seeing modest strength on the day as earnings proved to be a mixed bag and investors looked ahead to Thursday’s ECB meeting for directional cues. On the data front, the euro area private sector expanded strongly in October, but the pace of growth slowed from September, flash survey data from IHS Markit showed. The flash composite output index fell more than expected to 55.9 from 56.7 a month ago. While German private sector grew at a slower pace, French private sector activity expanded at the fastest pace in nearly six-and-a-half years in the month.

By Adedapo Adesanya The African Development Bank (AfDB) has announced that the African Investment Forum has secured $15.6 billion of investment interests for the construction of the Lagos-Abidjan highway corridor. This was disclosed by Mr Akinwumi Adesina, the president of the Abidjan-based lender in a statement on Friday after a meeting with President Alassane Ouattara of Ivory Coast. Mr Adesina said that the investment would strengthen regional trade and integration in West Africa by linking the hinterlands of different Participating Member Countries (PMCs). In a tweet, he wrote, “Speaking to the press at the Presidential Villa, together with H.E. President

By Aduragbemi Omiyale The Inspector General of Police (IGP), Mr Usman Alkali Baba, has directed the Deputy Inspector-General of Police in charge of the Force Criminal Investigations Department and the Assistant Inspector-General of Police in charge of the Force Intelligence Bureau to begin the arrest and prosecution of sellers of Naira, as well as the abusers. In a statement on Friday by the spokesman of the Nigeria Police Force (NPF), Mr Olumuyiwa Adejobi, the police chief said violators would not be spared. He said efforts would be made to enforce the Central Bank of Nigeria (CBN) Act as the country

By Dipo Olowookere The 6th World Hydropower Congress (WHC) kicked-off in Addis Ababa, Ethiopia, on Wednesday with Acting Economic Commission for Africa (ECA) Executive Secretary, Abdalla Hamdok, calling on the continent to come up with strong and coherent policies to promote faster and more inclusive growth through the optimal use of hydropower and other sources of renewable energy. Mr Hamdok said with more than 600 million people in Africa living without access to electricity and households continuing to rely on traditional biomass for cooking, it was pertinent for Africa to tap into its vast renewable energy sources. “With clear vision