Africa: Cape Verde to open embassy in Nigeria, plans direct flights

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Nigeria and Cape Verde are cementing their diplomatic ties with the latter finalising plans to open an embassy in Nigeria before the end of the year. The Minister of State for Aviation, Hadi Sirika, who made the disclosure via his tweeter handle @hadisirika on Friday, said he had met with the Prime Minister of Cape Verde, Ulisses Correia e Silva […]

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Africa: Nigeria’s 100 most inspiring women in 2019

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This week we continue the list of our annual #100 Most Inspiring Women in Nigeria list for 2019. For the fifth consecutive year, the list features 100 Nigerian women drawn from a diverse range of backgrounds and sectors who are deliberately impacting their world and local communities through the power and strength of their ideas and achievements. Women who are […]

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Africa: Aviation Round Table urges govt. to enact Fly-Nigeria Act to protect travel market

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A pressure group with seasoned professionals in Nigeria’s aviation industry has urged the government to enact the Fly-Nigeria-Act to protect the country’s travel market. A communique issued at the end of its Aviation Safety Round Table Initiative (ASRTI) 1st 2019 Quarterly Business Breakfast Meeting held in Lagos stated that the government through the Nigeria Civil Aviation Authority (NCAA), has to […]

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Africa: 7 things Nigeria does better than any African country

Nigeria

Nigeria is an amazing place to live as well as visit. Though, she might be experiencing a few challenges, here a few things the country is best at. Fondly referred to as the giant of Africa, Nigeria used to be one of the most successful countries on the continent. Let’s shine some light on the things Nigeria does better than […]

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Africa: Jumia Travel unveils the rich Tourism treasures of Nigeria

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Blessed with great vegetation, mind-blowing landscapes, unique flora and fauna, historical monuments and rich culture that cut across the 36 states of the federation, Nigeria is one of the most beautiful and thrilling countries to visit in Africa. However, only quite a handful of Nigerians are aware of this fact. Even the few that are aware of this don’t count […]

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Africa: Hidden economics in the botched Nigeria Air project

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On a daily basis, thousands of passengers of Ethiopian Airlines waiting for connecting flights on arrival at the Bole International Airport are conveyed by buses at no extra cost to high-profile hotels inside Addis Ababa for a “lay over”. Many of these passengers continue their journey the following day but not before picking one or two items from nearby grocery […]

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News: Lancet publishes new IHME study which Finds Nigeria Ranking 171st while Gabon (118) ranks highest in Africa On Education and Health Care

Nigeria

Nigeria ranks 171st in the world for its investments in education and health care as measurements of its commitment to economic growth, according to the first-ever scientific study ranking countries for their levels of human capital. The nation placed just behind the Democratic Republic of the Congo (ranked 170th) and just ahead of Zambia (ranked 172nd). The United States ranked […]

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Africa: Air Nigeria’s profits won’t cover project’s capital costs- Rewane

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Respected economist and Chief Executive Officer (CEO) of Financial Derivatives Company Limited (FDC), Mr. Bismarck Rewane, has joined other financial experts in criticizing the Federal Government’s plan to establish a national carrier for the country. Rewane made the criticism in his Lagos Business School (LBS) August presentation obtained by New Telegraph last weekend. Specifically, he argued that the expected profits […]

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Africa: How Nigeria Air will be financed — Infrastructure Commission

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The newly established national carrier, Nigeria Air Limited, will be financed through a mix of government budgetary provision, private equity debt arrangement and finance syndication from a consortium of regional and international banks, PREMIUM TIMES has learnt. The Infrastructure Concession Regulatory Commission (ICRC), the government agency handling the process towards the airline’s establishment, disclosed in an explainer sent to PREMIUM […]

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Africa: Road to ‘Nigeria Air’ littered with skeletons of failed past efforts

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The federal government yesterday unveiled Nigeria Air as its new national carrier at the Farnborough air show in the U.K, however historical precedents of failure suggest it will be a near impossible task to pull off. While Hadi Sirika Minister of State for Aviation, stressed that the carrier will be private sector led, history has shown this is not the […]

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