FG, Lagos Order Barge Operators to Quit Marina Coastline

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By Modupe Gbadeyanka The Nigeria Air project of the immediate past administration of President Muhammadu Buhari has been suspended by the current government of Mr Bola Tinubu. The suspension of the national carrier project was carried out by the Minister of Aviation and Aerospace Development, Mr Festus Keyamo, who served in the previous administration as the Minister of State for Labour and Productivity. Speaking during a tour of the Murtala Muhammed International Airport (MMIA) in Lagos, Mr Keyamo also announced the suspension of the concession of the airports. He said both the suspension of the Nigeria Air project and the

By Bliss Okperan The Minister of Aviation and Aerospace Management, Mr Festus Keyamo, has expressed displeasure over the inability of foreign airlines to take their funds away from Nigeria to their home countries. According to the International Air Transport Association (IATA), as of June 2023, the total amount of foreign airlines’ trapped funds in Nigeria has risen to $812.2 million. Airline operators have been unable to repatriate their money because of the foreign exchange (forex) issues Nigeria is experiencing due to a decline in FX earnings. Speaking at the 7th Aviation Africa Summit in Abuja on Wednesday, the Minister said

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

By Dipo Olowookere Access Power, a developer, owner and operator of power projects in emerging markets and a Power Africa partner, today announced the launch of ACF 2017, the third edition of the highly successful funding and support platform for renewable energy projects in Africa. The official opening of the submissions process was announced today at the Power Africa Annual Partners Meeting in Washington. Now in its third year, the ACF is an innovative $7 million financial support mechanism designed to provide local power project developers and originators with project development support, technical experience, expertise and funding required to bring

By Adedapo Adesanya Following privacy issues faced by a social messaging app, WhatsApp, and the debate that ensued in the tech space, African messaging app, Ayoba, has reiterated its focus on protecting users’ privacy and security. In a statement, the company assured its users that it’s not possible for messages in the app to be read by anyone, or shared to any third parties. The app features end-to-end encrypted peer-to-peer private messaging. A user’s contacts and location are only available to other users if explicitly shared by the account owner. Users can feel confident that their private data will remain

By Investors Hub The major U.S. index futures are pointing to a higher opening on Tuesday as the spotlight shifts to some upbeat corporate earnings news. Corporate news has recently taken a backseat to developments on the trade front but is likely to attract attention as earnings season ramps up in the coming days. Financial giant JPMorgan Chase (JPM) may help lead an early advance on Wall Street after reporting third quarter results that exceeded analyst estimates on both the top and bottom lines. Shares of UnitedHealth (UNH) are also likely to see initial strength after the health insurer reported

By Modupe Gbadeyanka Some food items, provisions, and educational materials have been donated to two orphanage homes in Lagos by Egbin Power Plc. The items were specifically given to facilities in the Ikorodu area of the metropolis in commemoration of World Humanitarian Day 2023, themed No Matter What. The Head of Corporate Communications and Branding at Egbin Power, Mr Felix Ofulue, expressed the company’s commitment to bringing joy and value to the lives of underprivileged individuals. According to him, Egbin Power Plc cares deeply about making a positive impact both as an organisation and as individuals, stating that the materials

By Aduragbemi Omiyale It was a moment of joy that would not be forgotten for a long time for residents of Rivers State on Saturday, September 23, 2023, as the O.B. Lulu-Briggs Foundation distributed some blood pressure monitors to them. The organisation gave out the items to celebrate its 22nd anniversary. Apart from the items distributed, the company also carried out free screenings and high blood medication. It was gathered that almost 400 persons benefitted from the gesture, including the young and old at the La Sien Pavilion, Old GRA Port Harcourt, the state capital. The Chairman of the O.B.

By Modupe Gbadeyanka There’s no doubt that the grand finale of the Cowbell Chocolate Summer Camp at Ilorin, Kwara State, which started in August 2016 at Makurdi, Benue, excited the over 2,700 fun-loving school children, parents and indigenes that stormed venue of the epic occasion, Savannah Hotel. The Cowbell Chocolate summer camp, also called Chocademy is a funfair educational programme that accommodates pupils/students of primary and secondary schools; designed to occupy and teach them various skills during the summer holidays. Mr Kingsley Onuoha, Brand Manager, Cowbell Chocolate reveals that the idea behind Chocademy is “to bring together children with diverse

By Dipo Olowookere More and more support are coming the way of former Governor of Delta State, Mr Emmanuel Uduaghan, as he prepares for representing Delta South Senatorial District in the National Assembly next year. A group known as the Ijaw Liberation Movement (ILM) in Ijaw land, one of the three major ethnic groups in Delta South Senatorial District, where Senator James Manager, the incumbent senator representing the district, comes from, has thrown its full weight behind Dr Uduaghan. In an interview recently, the leader of the group, Mr Peremotebi Simeon, expressed his kinsmen’s desire to have Dr Uduaghan represent

By Dipo Olowookere Outgoing Governor of Lagos State, Mr Akinwunmi Ambode has explained why he made efforts to allow the commercial capital of Nigeria join the Odu’a Investment Limited. The group is the only regional investment group existing in the country at the moment and it comprises the six states in the southwest region of the country; Lagos, Ogun, Oyo, Ekiti, Ondo and Osun States. Speaking on Monday, Governor Ambode explained that the desire to see the total economic integration of the south west region propelled his administration to join the group, saying that it would be a win-win situation