Sapele, A Hidden Treasure

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  Global mobility and urban services platform, inDrive, has launched the first-of-its-kind in South Africa known as name your price freight service – inDrive.Freight, targeting the needs of small businesses and individuals. In a statement, the California-headquartered company said inDrive.Freight offers a comprehensive range of non-liquid freight transportation solutions, whether it’s the delivery of small parcels or large shipments. The service also aims to deliver reliability and efficiency for last-mile in-city routes, with same-day delivery available on demand. The service will launch in the South African cities of Cape Town and Johannesburg, a move the company said signifies

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

By Modupe Gbadeyanka All the employees of Azman Air except for a few senior executives have been sent on compulsory after the management suspended the company’s operations. The leave is without pay, according to a circular issued to members of staff, signed by the Human Resources Manager, Magaji Mohammed Misau. According to Leadership Newspaper, the airline operator took this step because its Boeing 737 aircraft taken abroad for C-check maintenance was yet to return. This has rendered the organisation’s commercial operations useless, especially after the conclusion of the Hajj operations last month. “As you are aware that our domestic operations

By Dipo Olowookere The mid-level financial institution, Fidelity Bank Plc, is looking to source fresh funds from investors, especially new ones, to possibly use to expand its operations in Nigeria and abroad. Recall that recently, the lender announced the acquisition of Union Bank UK as part of its efforts to establish its footprint in the United Kingdom, where it believes it can penetrate. The commercial bank also intends to move up the ladder and become a tier-one banking institution in Nigeria and rub shoulders with the big boys of the sector like GTCO, Zenith Bank, Access Holdings, FBN Holdings and

By Modupe Gbadeyanka Mr Salihu Abdulhamid Dembos has been appointed as the Director-General/Chief Executive Officer of the Nigerian Television Authority (NTA). Mr Dembos was appointed to the position by President Muhammadu Buhari, a statement issued on Wednesday by Mr Segun Adeyemi, the media aide to the Minister of Information and Culture, Mr Lai Mohammed, disclosed. Mr Adeyemi quoted his boss as saying that the appointment of the new DG is for a tenure of three years in the first instance. Until his appointment, Mr Dembos was the Executive Director in charge of Marketing at the NTA. His career as a

By Dipo Olowookere Recently, the ancient town of Iseyin in Oyo State became bubbling with the array of dignitaries that thronged into the community for the grand finale of Peller Unity Cup 2017. Important personalities in the country led by the Ooni of Ife, Oba Adeyeye Ogunwusi; and the Alaafin of Oyo, Oba Lamidi Adeyemi III showed their support for the event. After intense rounds of matches, all roads led to the NYSC permanent Orientation camp, Iseyin, Oyo State for the 3rd place match between Irepo United and Saki West Rovers; and the derby final match between Iseyin City and

By Adedapo Adesanya Fresh pressure mounted on the Naira on Monday at the black market and the Peer-to-Peer (P2P) segment of the foreign exchange (FX) market on Monday, November 14, as it depreciated against the United States Dollar. In the P2P forex window, the value of the Nigerian currency depreciated by N81 against the American currency to trade at N805/$1 yesterday compared with last Friday’s value of N724/$1. Also, in the parallel market, the local currency lost N60 against the greenback during the session to quote at N755/$1, in contrast to the preceding session’s exchange rate of N695/$1. However, the

By Aduragbemi Omiyale The Managing Director of Zedcrest Group, Mr Adedayo Amzat, will join other important personalities to speak at the 20th edition of Africa Business Summit (ABS) scheduled for the London Business School, the United Kingdom on Saturday, May 14, 2022. The summit is themed Africa Post-Pandemic: Unlocking the Next Frontier of Growth and has Zedcrest as a silver sponsor as part of its desire to promote an inclusive economy in Africa and to further extend the company’s prosperity inclusion advocacy to Africans in diaspora, and foreign investors. The Minister, Secretary General, Presidency of Ivory Coast, Abdourahmane Cissé and

By Dipo Olowookere The stock market gained 0.09 per cent on Wednesday, raising the All-Share Index (ASI) of the Nigerian Exchange higher by 34.32 points to 38,636.15 points from 38,601.83 points. Business Post observed that the renewed buying pressure on stocks like Guinness Nigeria, MTN Nigeria, Zenith Bank and 11 others contributed to the return of the bulls to the market. This increased the market capitalisation of the exchange yesterday by N18 billion to N20.219 trillion from N20.201 trillion it ended on Tuesday. A look at how the sectors performed yesterday showed that only the consumer goods space closed positive

By Kestér Kenn Klomegâh Russian President, Mr Vladimir Putin, has hailed the ties between his country and Africa, saying that the development of relations has shown glaring positive results. He made these remarks when the chairman of the African Union (AU) and Senegalese President, Mr Macky Sall, visited Sochi to discuss ways to avert an impending food crisis on the continent largely due to the Russia-Ukraine crisis that began late February after it was approved as “Special Military Operation” by both the State Duma and the Federation Council; the Lower House and the Upper House of the legislative structure of