AMCON Takes Over Arik Air

By Modupe Gbadeyanka Operations of foreign airlines at the Murtala Muhammed International Airport (MMIA) have been moved to the new international terminal of the facility. This followed the directive of the Federal Airports Authority of Nigeria (FAAN) to the airline operators in compliance with an order of the Minister of Aviation and Aerospace Development, Mr Festus Keyamo, a few days ago. During a visit to the Lagos airport, Mr Keyamo asked foreign airlines to move to Terminal 1 of the facility on or before October 1, 2023. However, after a fire incident at the MMIA on Wednesday, FAAN, which oversees

By Adedapo Adesanya The visa ban placed on Nigerian travellers by the United Arab Emirates (UAE) has been lifted after President Bola Tinubu held talks with the leader of the United Arab Emirates (UAE), Mr Mohamed bin Zayed Al Nahyan, on Monday in Abu Dhabi. According to Mr Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, both countries finalised a historic agreement, which has resulted in the immediate cessation of the visa ban placed on Nigeria. “Furthermore, by this historic agreement, both Etihad Airlines and Emirates Airlines are to immediately resume flight schedules into and out

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The sum of $61.8 million has been approved by the governing committee of the Women Entrepreneurs Finance Initiative (We-Fi) for African Development Bank (AfDB) Affirmative Finance Action for Women in Africa (AFAWA) programme. We-Fi is a partnership among 14 donor governments, eight multilateral development banks, and other public and private sector stakeholders, established in October 2017 and hosted by the World Bank Group. “This substantial support from the Women Entrepreneurs Finance Initiative, We-Fi, will help us scale up our actions and achieve greater results for women entrepreneurs across the continent. Our ambition with AFAWA goes beyond regular assistance to women

By Queen Nwabueze In public relations, just as you and I can’t deny that PR starts and ends with research, we have agreed that Ad value equivalencies, impression counts, and clicks ALONE don’t measure awareness and other outcomes. Therefore, unless you plan and measure in a way that matters, campaign success may not be in the cards. At least, not in the way to pass the test of a true expert. Let’s make this straight. Are you into the hallowed communications profession in whatever form? Never underestimate the benefits of measuring your Public Relations campaigns. DON’T measure using empty or

By Dipo Olowookere Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, has advised Niger Deltan youths to create a conducive environment for businesses and refrain from acts that could scare away investors from the region. Mr Wabote said youths and other leaders of the region should work to attract and retain investments that would create employment and impact the economy of their communities and the nation. Speaking when a delegation of the Okpoma Kingdom Youth Movement led by its President, Mr Ebitimi Dilayefa Benson, paid him a courtesy visit at the Board’s headquarters in

By Adedapo Adesanya Transactions ended at the NASD Over the Counter (OTC) Securities Exchange on Thursday, September 26, 2019 with key market parameters remaining flat for the second consecutive day. Both the NASD Security Index (NSI) and market capitalization remained unchanged at 505.88 points and N505.88 billion respectively. However, the total volume of trades rose on Thursday after it dropped at the mid-week trading session. Today, this moved up by over 1,462 percent or 7,488,139 units to 8,000,200 units of shares against 512,061 units traded on Wednesday. But the total value of the transactions, which appreciated yesterday, went down today

By Adedapo Adesanya Power Bit Crunchers and Zeena Platform have emerged victorious in the Hardware and Software categories of the Lagos Smart Meter Hackathon held last Friday. Both winners emerged from the 3-day final of the competition organised by the Lagos State Ministry of Energy & Mineral Resources in collaboration with Eko Innovation Centre. The winners have earned combined prize money of N10 million. In addition, the winners and runners-up in both categories will get working space at the Eko Innovation Centre while all 10 finalists will get mentorship opportunities among other consolation prizes. The Power Bit Crunchers (the hardware

By Dipo Olowookere Not fewer than 44 keynote speakers and thought leaders have confirmed to speak at the 22nd Annual African Securities Exchange Association (ASEA) conference scheduled to hold on November 26 and 27, 2018 at the Oriental Hotel, Lagos, Nigeria. The event, to be hosted by the Nigerian Stock Exchange (NSE), is themed ‘Champions on the Rise: Africa’s Ascension to a More Sustainable Future.’ It will feature nine sessions and two special sessions, where burning issues around Africa’s global competitiveness, emerging technologies, and inclusive growth, within the broader perspectives of sustainability would be discussed. According to the NSE, the

By Adedapo Adesanya A peer-to-peer (P2P) cryptocurrency platform, Paxful, is suspending its marketplace and will likely not resume operations again, a notice signed by its CEO, Mr Ray Youssef, published on its website, disclosed. In the disclosure seen by Business Post, he said, “This will probably come as a big shock to many. While I cannot share the full story now, I can say that we, unfortunately, have had some key staff departures.” Mr Youssef also blamed the regulatory challenges, particularly in the P2P market and in the US market. He said the Paxful Wallet would remain in operation in

By Adedapo Adesanya A fresh 20-count charge has been filed at the Federal Capital Territory (FCT) High Court against the suspended governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele. One of the counts accused Mr Emefiele of “conferring unlawful advantages” while he was in office. This is coming as the federal government has applied to withdraw the illegal possession of firearms’ case it earlier filed against the embattled banker. The Director of Public Prosecutions (DPP) at the Federal Ministry of Justice, Mr Mohammed Abubakar, in an oral application, told Justice Nicholas Oweibo that the application followed the