Day: August 9, 2022

The largest aviation group in Africa – Ethiopian Airlines said it has partnered with the globally leading online booking platform GetYourGuide, which they said would offer passengers unforgettable travel experiences. According to the report, the partnership provides Ethiopian Airlines’ customers easy access to book travel activities alongside their flight. With the new deal the airline passengers will have the option of booking high quality and well-curated tours and activities online either immediately after booking flights or at a later date. Ethiopian Airlines, Chief Commercial Officer Mr. Lemma Yadecha while explaining…

By Our Correspondent (with release from the bank) L – R: Newly appointed Independent Non-Executive Director, Funmi Oyetunji; Chairman, Phillips Oduoza; Independent Non-Executive Director, Gbemisola Laditan; and Non-Executive Director, Chinedu Uzoho; at the 5th Annual General Meeting of NOVA Merchant Bank where the shareholders ratified the new directors in Lagos…recently A statement from the bank said the three new appointees are expected to strengthen the board and bring more inclusivity and diversity to the Bank’s board. Mr. Chinedu Uzoho (CIS & CPIN) who was appointed as a Non-Executive Director, is…

According to latest reports from the National Bureau of Statistics (NBS), the number of Electricity Distribution Companies (DisCos) customers in Nigeria increased from 10.37 million in 2020 to 10.51 million in 2021. The report focused on energy billed, revenue generated and customers by DisCos under the reviewed period. The report said the number of metered customers rose by 36.18 per cent from 3.51 million in 2020 to 4.77 million in 2021. It, however, said estimated billing customers decreased by 16.32 per cent from 6.86 million in 2020 to 5.74 million…

The First Bank of Nigeria has presented the grand prize winner of its Verve Card campaign, Mr Olakunle Animasaun, who is also the Chairman of Kanwl International Limited with a brand-new car. The 14-week promo in partnership with Verve was designed to reward Verve Card customers for their continued usage and adoption of the card for various digitally driven transactions. The bank had given out the sum of N50 million to 2,631 cusromers in the promo and other prizes including cash, airtime, power generating sets, refrigerator, cooking gas and television…

By Emmanuel Anthony Ifeanyi According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the decision to decline approval of the acquisition of the entire share capital of Mobil Producing Nigeria Unlimited (MPNU) by Seplat Energy remained, as President Muhammadu Buhari who doubles as Minister of Petroleum Resources had no power under the Petroleum Industry Act (PIA) to authorise such deal. Engr Gbenga Komolafe, the Chief Executive of the Commission reacting to the report of the President’s assent to the deal on Monday explained that the NUPRC, being the Nigerian Upstream…