Africa’s biggest airline fights for ‘survival’ amid pandemic
Businessam StaffApril 22, 2020
op Ethiopian Airlines CEO Tewolde Gebremariam told an aviation conference in Addis Ababa the coronavirus pandemic was “a temporary problem” – comparable to a natural disaster or a spike in oil prices. Several weeks later Africa’s largest carrier is locked in what Tewolde describes as “a struggle that we’re performing for survival”, ramping up cargo […]
Nigerian startup, mDoc, makes Google’s startups accelerator on SDGs list
Omobayo AzeezApril 13, 2020
Google announced Wednesday that Nigerian startup, mDoc, has been selected among 11 startups to participate in the fully digital inaugural Google for Startups Accelerator on the Sustainable Development Goals (SDGs). According to the tech giant, the 11 were selected based on their vision to address challenges outlined in the United Nation’s SDGs, including poverty, […]
COVID-19: FirstBank reinforces e-banking offerings; appreciates customers
Omobayo AzeezApril 13, 2020
By Omobayo Azeez First Bank of Nigeria Limited has reassured its customers of reinforcement of its electronic banking offerings to support them with real time financial services solution as the restrictions triggered by Coronavirus in the country continue. The bank, in a statement released recently and signed by Adesola Adeduntan, its chief executive officer, hailed […]
COVID-19: Ecobank commends doctors, nurses, others
Businessam StaffApril 9, 2020
Patrick Akinwuntan, managing director, Ecobank Nigeria, has commended those contributing to keeping the country safe as the world battles the dreaded Coronavirus pandemic. According to him, this group of people have continued to put the needs of others first and show sacrificial love to support the country’s effort at containing the scourge, stressing that, the […]
Air Peace breaks new frontiers, lifts 274 Israeli citizens from Lagos, Abuja to Tel-Aviv
Samson EchenimMarch 29, 2020
Despite suspending scheduled commercial operations due to coronavirus fears, Nigeria’s biggest carrier, Air Peace on Sunday, broke history when it evacuated 274 Israelis from the Murtala Muhammed International Airport (MMIA), Lagos and the Nnamdi Azikiwe International Airport, Abuja (NAIA) to Tel-Aviv, Israel. The flight, which airlifted 65 passengers from Lagos and proceeded to Abuja to […]
UBA to donate N5b for fight against COVID-19 in Africa
Businessam StaffMarch 26, 2020
United Bank for Africa Plc (UBA) has donated over N5bn ($14 million) through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the coronavirus (COVID-19) global pandemic. Nigeria and 19 other African countries will benefit from the support targeted at supplying relief materials, critical care facilities and financial support to governments. […]
Apple to close retail stores outside Greater China until March 27
Businessam StaffMarch 14, 2020
Apple Inc said late on Friday it will close all its retail stores outside Greater China until March 27, to minimize risk of coronavirus transmission. “We will be closing all of our retail stores outside of Greater China until March 27,” Apple CEO Tim Cook wrote in a letter posted on the company’s website. “In all […]
Julius Berger puts Nigeria on industrial path, commissions glass factory
Kenneth AforMarch 12, 2020
Kenneth Afor Julius Berger Nigeria Plc., Nigeria’s leading engineering construction company has taken Nigeria a step further towards the attainment of a world-class industrial nation as it commissions Evonig Glass production factory in Abuja, recently. The commissioning of the factory according to Tamas Hovart is part of the company’s commitment to adopting state-of-the-art technology with […]
British Airways waives change fees with launch of new booking policy
Samson EchenimMarch 3, 2020
By Samson Echenim British Airways says it has launched a new booking policy, tagged, “Book with Confidence,” that involves waiver of change fees for customers. The airline said it is leading the way as the first UK airline to waive its change fee, giving customers the flexibility to delay travel that is booked during the […]
Nestle Nigeria records post tax profit of N45bn, to pay N45 in final additional dividend
Businessam StaffMarch 3, 2020
Nestlé Nigeria Plc has recorded a profit after tax of N45.6 billion for the year 2019 as against N 43 billion during the previous year. However, it said it posted a gross profit profit of N127.6 billion during the review year compared to N113.9 billion in 2018. In a statement, the company said it posted revenue […]