Sectors
Nigerian Aviation Boost: Emirates Airlines Explores Codeshare Agreement with Local Carriers
Aviation Economy

Nigerian Aviation Boost: Emirates Airlines Explores Codeshare Agreement with Local Carriers

The Minister of Aviation and Aerospace Development, Festus Keyamo, has revealed that Emirates Airlines is in discussions for a long-term flight service partnership with Nigerian carriers through a codeshare agreement. This move signifies a stronger relationship between both nations’ airlines, as codeshare allows passengers to book through multiple airlines seamlessly. By seeking a partnership with […]

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Itana and AFC Lead Africa’s $100 Million Tech Revolution in Lagos
Sectors Technology

Itana and AFC Lead Africa’s $100 Million Tech Revolution in Lagos

Ever wondered how Africa’s tech space is rapidly growing, and what role Nigeria could play in it? Well, Lagos is about to witness something big—something that could shake up the digital economy across the continent. The Africa Finance Corporation (AFC) has just announced that they’re backing Itana’s bold move to create a $100 million Digital […]

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Federal Government CNG Initiative of Distributing 2,000 Tricycles for Nigerian Youths to Launch on October 1st
Energy Sectors

Federal Government CNG Initiative of Distributing 2,000 Tricycles for Nigerian Youths to Launch on October 1st

Starting October 1, 2024, the Federal Government, through the Presidential Compressed Natural Gas Initiative (PCNGi), will begin distributing 2,000 Compressed Natural Gas (CNG)-powered tricycles to young Nigerians in the transportation sector across the country. This initiative is part of the government’s strategy to promote more affordable and eco-friendly transportation solutions. The PCNGi announced the program […]

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Fidson’s $100 Million Medicine Production Plant Aims to Boost Nigeria’s HIV Treatment Capacity
Business Sectors

Fidson’s $100 Million Medicine Production Plant Aims to Boost Nigeria’s HIV Treatment Capacity

Fidson Healthcare Plc is set to build a $100 million pharmaceutical production plant in the Lekki Free Trade Zone (FTZ), according to reports from Bloomberg. The proposed facility aims to enhance Nigeria’s healthcare self-reliance, with a particular focus on tackling HIV. The plant’s establishment is part of a larger effort to address the country’s healthcare […]

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Nigerian Rail Sector Sees 53.14% Revenue Growth in Q2 2024, Driven by Increased Passenger Traffic
News Sectors

Nigerian Rail Sector Sees 53.14% Revenue Growth in Q2 2024, Driven by Increased Passenger Traffic

 As Nigerians seek more affordable travel options amidst rising airfares, the rail sector recorded a significant increase in revenue for Q2 2024. The sector generated N1.69 billion from passenger transportation, reflecting a 53.14% growth compared to N1.10 billion in the same period last year.  A recent report by the National Bureau of Statistics (NBS) indicates […]

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How Nigeria’s ASAP Plan Attracted Coca-Cola’s $1 Billion Investment
Economy Sectors

How Nigeria’s ASAP Plan Attracted Coca-Cola’s $1 Billion Investment

Coca-Cola’s recent announcement of a $1 billion investment in Nigeria is a major signal of confidence in the country’s potential. But what exactly is driving this bold move? According to the Manufacturers Association of Nigeria (MAN), the answer lies in the full and effective implementation of the Accelerated Advancement and Stabilisation Plan (ASAP) recently unveiled […]

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Business Verge| Seyi Makinde Flags Off N41 Billion Upgrade of Samuel Ladoke Akintola Airport in Ibadan
Aviation News

Seyi Makinde Flags Off N41 Billion Upgrade of Samuel Ladoke Akintola Airport in Ibadan

Oyo State Governor, Seyi Makinde, has officially commenced the N41 billion upgrade of the Samuel Ladoke Akintola (SLA) Airport in Ibadan, a project designed to position the state as a regional business hub. The project’s groundbreaking ceremony took place on September 18, 2024, at the airport premises, with Governor Makinde joined by Osun State Governor, […]

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Business Verge| Airbus Appoints Gabriel Semelas as President for Africa and Middle East, Effective 2025
Aviation News

Airbus Appoints Gabriel Semelas as President for Africa and Middle East, Effective 2025

Airbus has announced Gabriel Semelas as the new President for its Africa and Middle East operations, effective January 1, 2025. With over 24 years of experience in the aeronautical industry, Semelas steps into this role from his position as Chief Commercial and Financial Officer at Eurofighter Jagdflugzeug GmbH in Germany. Prior to that, he was […]

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Lagos to Revolutionise Lekki-Epe Corridor Traffic with New E-Call-Up System Starting September 23.
News Sectors

Lagos to Revolutionise Lekki-Epe Corridor Traffic with New E-Call-Up System Starting September 23

News Highlights: The Lagos State Government has announced that the electronic call-up (e-call-up) system will take effect on the Lekki-Epe corridor starting September 23, 2024. This decision follows a postponement from the original August 1, 2024, rollout date. The e-call-up system is a digital platform designed to regulate truck movements within the Lekki-Epe Free Trade […]

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