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PwC Media Excellence Awards 2023 Winners Announced

Posted on October 13, 2023 by Wole Shadare

PwC has Nigeria announced the winners of its 2023 Media Excellence Awards at a virtual ceremony on Friday 6 October. The awards, now in their eighth year, celebrate and reward excellence in business reporting in six categories: Tax & Fiscal Policy, Finance, and Capital Markets, SMEs, Business & Economy, Special Investigative, and Sustainability Reporting. The first-place winners in each category receive a cash prize of N500,000 (Five Hundred Thousand Naira), while second and third-placed winners…

Xejet Airline’s additional Bombadier CRJ 200 arrives

Posted on October 13, 2023 by Wole Shadare

Nigeria’s luxury airline Xejet announced taking delivery of an additional Bombardier CRJ-200 with registration 5N-XEJ in its fleet expansion and business plan. According to the airline, the additional aircraft arrived at the Nnamdi Azikiwe International Airport, Abuja, and was greeted with a water canon performed by the officials on October 11, 2023. The Managing Director and Chief Executive Officer of the carrier, Emmanuel Iza confirmed the new development and expressed that the arrival of the…

ValueJet marks first anniversary with donations, school supplies

Posted on October 12, 2023 by Wole Shadare

As part of its Corporate Social Responsibility (CSR) and contribution towards Education and support for the needy, ValueJet in commemoration of its 365 days of scheduled flight services donated some school supplies to the Nigerian Air Force Nursery and Primary Schools and the Murtala Muhammed Nursery School. While presenting the items to the schools, the Head of Customer Experience, Mrs. Olubunmi Sofola, explained that the gesture was to extend the carrier’s support to the students…

Airbus announces changes to leadership team

Posted on October 12, 2023October 12, 2023 by Wole Shadare

Aircraft giant, Airbus has announced changes to the leadership team led by Chief Executive Officer Guillaume Faury, as well as the appointment of a designated Commercial Aircraft business management team which will operate under the helm of Christian Scherer. “Looking at our key priorities, we want to put the Company in the right configuration for the future,” said Guillaume Faury, Airbus CEO. “Our leadership team will further focus on the operational challenges of today while…

FACTS OF INDEBTEDNESS: SIR JOHNSON ARUMEMI-IKHIDE/ ARIK TO ASSET MANAGEMENT CORPORATION OF NIGERIA

Posted on October 11, 2023October 11, 2023 by Wole Shadare

By Jude Nwauzor The Asset Management Corporation of Nigeria (“AMCON” or “Corporation) has become aware of a recent newspaper article written by Sir Johnson Arumemi-Ikide and published in ThisDay Newspaper on September 27, 2023. In the article, Sir Johnson made several spurious claims, which are at best a misrepresentation of facts and an attempt to besmirch the integrity and reputation of AMCON in the fulfilment of its statutory mandates and objectives. While it is…

France proposes strategic business agreements on airport concession, aircraft leasing, others

Posted on October 11, 2023October 11, 2023 by Wole Shadare

Envoy visits Minister The French Ambassador to Nigeria, Emmanuelle Blatmann on Wednesday made strategic business proposals between France and Nigeria. He made the proposal to the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo when he visited him in his office. The French ambassador who was in the company of Florent Mangin, Economic Counsellor/Head of the Economic Department, and Ludovic LEA, Deputy Head of the Economic Department extended an invitation to the Aviation…

NAHCO invests in new equipment

Posted on October 11, 2023October 11, 2023 by Wole Shadare

Company hands over new vehicles for operations West Africa’s foremost ground handling service provider, nacho aviance, is injecting fresh billions into equipment purchases, its Chairman, Dr. Seinde Fadeni disclosed. Fadeni who spoke during the hand-over ceremony of 21 new vehicles recently purchased by staff promised that the ground support equipment would be delivered in a few months’ time. “The scale of the GSE the Company is purchasing is so massive that what you…

Angola’s national airline, TAAG adds four B787 Dreamliners to fleet

Posted on October 11, 2023 by Wole Shadare

TAAG Angola Airlines and Boeing announced that TAAG is adding the highly fuel-efficient 787 Dreamliner to its fleet with an order for four of the wide-body jets. “Our goal is to work with the best manufacturers in the world towards a multi-type fleet, in order to ensure we have the appropriate airplanes for each flight typology, namely our intercontinental connections,” said Eduardo Fairen, CEO of TAAG Angola Airlines. “The 787 option suits our intent for…

Glovo Extends ‘The Couriers Pledge’ to Nigeria: Elevating Safety and Benefits for Couriers Across Africa

Posted on October 10, 2023 by Wole Shadare

Glovo, Africa’s leading multi-category app, has launched “The Couriers Pledge” in Nigeria, a commitment set by the company to increase the social rights and benefits available to couriers, regardless of employment or work status with the company. The Couriers Pledge initiative first introduced in 2021, has already positively impacted over 40,000 couriers in various countries across the globe where Glovo operates. With the launch of the program in Nigeria, the Courier’s pledge is now being…

United Nigeria Airlines joins IATA

Posted on October 10, 2023 by Wole Shadare

Nigerian carrier, United Nigeria Airlines Company Limited, has been admitted as a member of the global aviation body, the International Air Transport Association (IATA). The airlines’ admittance into IATA was conveyed to the management of United Nigeria Airlines in a letter dated October 9, 2023, and addressed to Prof. Obiora Okonkwo, chairman and chief executive of the company. The letter signed by William Walsh, IATA Director General, it said the group was happy to welcome…

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