Sujimoto, Minister Discuss Development of Luxury Properties in Abuja

By Aduragbemi Omiyale The strong demand for international travel across regions, especially as the airline business recovers from the COVID-19 pandemic of 2020, has helped Emirates Group, one of the big players in the aviation industry, to generate about $18.3 billion in the first six months of the financial year of the firm. On Thursday, the company released its financial statements for the 2023/24 fiscal year, with earnings rising by 20 per cent from the $15.3 billion achieved a day ago. The organisation, in the period under review, illustrated its strong profitability, as net profit went up by 138 per

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 Adedapo Adesanya The Minister of Transportation, Mr Saidu Alkali, inaugurated the first cargo movement from the Lagos-Ibadan rail corridor during his first official tour of the rail corridor on Tuesday. This effort is expected to decongest the Apapa port as shippers moved 92.28 per cent of Nigeria’s total exports and 60.77 per cent of imports through the facility in the first quarter of 2022 (Q1’22), according to the latest available data. The Minister kicked off the tour at the Ebute Meta station before proceeding to Apapa for the launch, then travelled to Ibadan using the 157 km rail corridor.

By Modupe Gbadeyanka On October 24, 2023, stakeholders in the tourism industry will gather at the Victoria Yards in Johannesburg, South Africa for the Airbnb Africa Travel Summit to discuss the role of technology in inclusive and sustainable tourism in Africa. A statement from the organisers disclosed that over 200 policymakers, tourism experts, innovators and changemakers are expected at the event, which will have the Minister of Tourism, Ms Patricia de Lille, opening the conference, with Afua Osei, co-founder of She Leads Africa, moderating, and actress and activist, Zozibini Tunzi, presenting the final keynote. Also, the founder of Tech Cabal,

By Dipo Olowookere A former Governor of Kaduna State, Mr Balarabe Musa, has died. Mr Musa, who governed the old Kaduna State from 1979 until he was impeached in 1981, was said to have died on Wednesday morning in Kaduna. Before his demise, the deceased contributed to many national issues and he was respected for this views on trending matters of national importance. The 84-year old conservative politician was a leader of the Conference of Nigerian Political Parties (CNPP), a coalition of opposition parties, in the present fourth republic. He is a strong believer of electoral reforms aimed to transform

By Carl Jordan It’s all too easy to underplay how social media and other online platforms have altered the advertising and marketing landscapes over the past 15 or so years. It’s given businesses of all sizes the ability to reach and engage with their customers in ways that simply wouldn’t have been possible previously. Moreover, it’s given those organisations’ marketing teams a greater sense of certainty that they’re reaching their intended target audiences. Rather than simply hoping that they reach those audiences through things like billboards and television ads, they can see and measure it in the data. But simply

By Aduragbemi Omiyale The N250 billion 10-year 13% Ijarah Sovereign Sukuk issued to investors last year has been listed on the Nigerian Exchange (NGX) Limited. The paper, which will mature in 2031, was taken to the exchange by the Debt Management Office (DMO) and was listed on Tuesday, July 5, 2022. Recall that in 2021, the DMO also listed the N162.6 billion seven-year Sukuk with a rental rate of 11.20 per cent on the exchange to be used for financing the rehabilitation and construction of key road projects across the 36 states and the FCT. On December 29, 2021, the

**Condemns Invasion of Daily Trust Offices by Army The Conference of Nigeria Political Parties (CNPP) has thrown its weight behind the call by the Inter-Party Advisory Council (IPAC) on the Independent National Electoral Commission (INEC) to immediately rescind the appointment of Hajiya Amina Zakari as the chairperson of the Committee on National Collation Centre. The umbrella body of all registered political parties and associations in Nigeria in a statement issued by its Secretary General, Chief Willy Ezugwu, urged “the electoral umpire to listen to its own advisory organ like IPAC. “We are taken aback that an electoral body like INEC,

By Dipo Olowookere Special online portals that will allow seven tertiary institutions owned by the Lagos State government to commence learning via the internet has been approved by Governor Babajide Sanwo-Olu. A statement issued by the Special Adviser to the Governor on Education, Mr Tokunbo Wahab, disclosed that this move was part of measures to reduce the impact of Coronavirus on education. Mr Wahab noted that Mr Sanwo-Olu approved the virtual classes to ensure physical distancing among students and their lecturers. He added that the move will also help in the maintenance of the state’s tertiary academic calendar despite the

By Dipo Olowookere Managing Director/CEO of First Bank of Nigeria Limited, Mr Adesola Adeduntan, has been conferred with the Honorary Citizenship of the State of Georgia and Congressional Commendation Award from the Georgia Senate – United States of America (USA). The Honour and Award was received at the International Forum on African Leadership (IFAL) on Tuesday, September 25, 2018 on the sidelines of the United Nations General Assembly meetings. The identification of Mr Adeduntan for the award was in recognition of his position as one of Africa’s most distinguished thought leaders in the financial sector with an impeccable leadership savvy

By Adedapo Adesanya  General Electric (GE) and Shell have signed an agreement to develop potential lower-carbon solutions to reduce the carbon intensity of Shell’s Liquified Natural Gas (LNG) supply projects worldwide. Under this agreement, GE will accelerate development for the use of 100 per cent hydrogen as a low-carbon fuel for gas turbines, and the focus will be on hydrogen solutions for B&E class gas turbines used in LNG and power generation applications. The agreement will allow them to pursue potential pathways aimed at reducing the carbon intensity of Shell’s LNG supply projects around the world. With global LNG demand

Wanted and displaced Boko Haram leader, Abubakar Shekau, has released a new video through the group to shows that the schoolgirls kidnapped in Borno State in 2014 by his members are still under his care. This is the second time Shekau is speaking after he was displaced as leader of the terrorist group, which has a strong link with ISIS. In the latest video released on Sunday, August 14, 2016, a man wearing a mask said Shekau directed the release of the visuals to show that the girls are still alive. In April 2014, members of the Boko Haram group