Cross River To Float ‘Cally Air’ In November

By Adedapo Adesanya The average fare paid by air passengers for specified routes single journey in Nigeria saw a marginal increase of 0.002 per cent between April and May 2023. This was disclosed by the National Bureau of Statistics (NBS), which said in its Transport Fare Watch for May 2023 the cost paid per passenger rose from N74,947.30 in April 2023 to N74,948.78 in May 2023. On a year-on-year basis, the fare rose by 34.06 per cent from N55,906.86 in May 2022. On a year-on-year basis, the fare rose by 11.30 per cent when compared with the value in May

By Aduragbemi Omiyale In line with its expansion drive in Africa and Nigeria, in particular, three new hotels have been opened by Radisson Hotel Group in Lagos and Abuja. The hotels add over 400 rooms to the company’s portfolios in Nigeria, comprising 11 hotels in operation and under development, placing the group firmly on track to reach their objective of 15 hotels in Nigeria by 2025. The hospitality company said the additions include the highly anticipated debut of the bold and cutting-edge upscale lifestyle Radisson RED brand. The new Radisson RED Lagos, scheduled to open in the fourth quarter of

By Modupe Gbadeyanka Steps are being taken by a leading amusement park and resort in Nigeria, Omu Resort, to ensure Delta State become the latest global tourism hub. The company has come up with a multifaceted initiative known as Discover Delta to attract tourists across the world to the oil-rich state and earn scarce foreign exchange (FX) for the country. It intends to achieve this goal and redefine the tourism landscape in Delta State through the Leisure Park and Film Village Asaba. A statement from the firm said in September 2023; it would launch the Discover Delta initiative, which encompasses

Travelling far distances by car, bus, plane, or train is not always fun. Did you know it can even have a harmful impact on your health, too? Long-distance travel, especially by car, taxi, or bus, can increase the risk of blood clot formation, a condition known as deep vein thrombosis (DVT). In many instances, people sit still in cramped and confined conditions for hours when they’re travelling a far way. But warns Dr Helen Okoye, a medical expert and spokesperson for the World Thrombosis Day (WTD) campaign, prolonged periods of inactivity can be dangerous. “When our bodies are in a

By Adedapo Adesanya Premier digital industrial company, General Electric (GE), is pushing for younger African women to major in Science, Technology, Engineering, and Mathematics (STEM) studies. At a Women in STEM mentorship roundtable held in Abidjan, Cote D’Ivioire, female students from the Institut National Polytechnique Félix Houphouët-Boigny (INPHB) were mentored by four leaders in energy with exemplary resumes and combined decades of wisdom. The mentees were guided by Mmes Kristin Carvell, the Global Communications Leader, GE Gas Power; Kadidjatou Diallo, Managing Director, La Compagnie Ivoirienne de Production d’Electricité (CIPREL), Aphi Amoussou Nanan, Director of Generation, CI ENERGIES; and Mrs Bethel

By Modupe Gbadeyanka In line with the latest standard of the Global Reporting Initiative’s G4, Lafarge Africa Plc has announced the launch of its 2015 sustainability report, which is aimed at increasing the company’s level of transparency in sharing its sustainable development performance with stakeholders. The unveiling of the report took place at the grand finale of the third edition of the Lafarge Africa National Literacy Competition in Lagos. According to the Managing Director of Lafarge Africa, Mr Michel Puchercos, the company was driven by the ambition to set new standards and help transform the way the industry works. Mr

By Ahmed Rahma The Governor of Rivers State, Mr Nyesom Wike, has released funds to upgrade and build new campuses for the Rivers State University (RSU). The Commissioner for Information and Communication, Mr Paulinus Nsirim, who made this announcement in Port Harcourt while speaking with newsmen, said about N19.6 billion would be used to transform the institution. According to him, since the establishment of RSU in 1980, it has maintained only one campus, which he said was not enough. But he said with the establishment of the three new campuses, the host communities will experience consequential development and economic activities.

**As Mass Comm, Law, Others Qualify for Finals By Destiny Ugorji The second stage of the Madonna University (Okija campus) 2017/2018 Inter-departmental students debate has ended, with Mass Communication, Law, Philosophy and Accountancy departments qualifying for the final round of the exercise. The last of the second stage of the competition ended last Thursday, with Mass Communication department and Law faculty qualifying for the final round of the exercise, leaving behind English and Literary Studies and International Relations. The first phase of the second round was held two weeks ago, wherein Philosophy and Accountancy departments emerged, also leaving behind two

By Investors Hub The major U.S. index futures are pointing to a roughly flat opening on Wednesday following the strength seen in the previous session. Traders may be reluctant to make any significant moves amid continued uncertainty about President Donald Trump’s policy agenda following the failure of the Republican health care bill. Developments in the U.K. are also in focus after the British government sent a notification letter to European Council President Donald Tusk formally beginning the country’s exit from the European Union. After initially showing a lack of direction, stocks moved mostly higher over the course of the trading

By Modupe Gbadeyanka The Federal Executive Council (FEC) meeting for this week earlier scheduled to hold tomorrow, Wednesday, September 6, 2017, will no longer hold. Minister of Information and Culture, Mr Lai Mohammed, made this disclosure on Tuesday, September 5, 2017, in Kano. In a statement signed by his media, Mr Segun Adeyemi, the Minister explained that the FEC meeting was cancelled “due to inadequate time to prepare the documents for the meeting.” Mr Mohammed said “the two-day public holidays declared for the Eid-el-Kabir celebrations left little or no time to prepare for the weekly meeting.

By Aduragbemi Omiyale A former Nigerian Minister, Mrs Oby Ezekwesili, has asked former Vice President Atiku Abubakar to stop parading himself as the head of the Economic Management Team of former President Olusegun Obasanjo. Mr Obasanjo governed the country as a civilian between 1999 and 2007 with Mr Atiku, who intends to become the next Nigerian president this year. He is contesting the position with the candidate of the ruling All Progressives Congress (APC), the candidate of the Labour Party, Mr Peter Obi, and others. On Monday, the former VP, through his official Twitter page, said, “As the head of

By Dipo Olowookere The sum of N5 billion was gained by the stock market on Thursday, thanks to the banking and industrial goods equities, which had their respective indices rising by 1.08 percent and 0.25 percent. The Nigerian Stock Exchange (NSE) recorded a marginal growth of 0.04 percent at the close of transactions yesterday, with 24 stocks closing in the green territory and 11 in red. This helped the All-Share Index (ASI) post a 10.66-point appreciation to 26,426.20 points from 26,415.54 points. Also, the market capitalisation increased by N5 billion to N13.770 trillion from N13.765 trillion. Business Post reports that