Uncategorized
Air Peace Expands Operations to 3 more Countries
Nigerian carrier, Air Peace, is set to spread its wings to three more West African countries, with inaugural flights from Lagos to Freetown in Sierra Leone, Banjul in The Gambia and Dakar, Senegal on Feb 19.
The airline, in a statement signed by Mr Chris Iwarah, Communications Manager, in Lagos, said the new routes constitute the second phase of the expansion of its network on the West Coast of Africa.
The airline had earlier fixed Dec. 15, 2017 for its inaugural flights to the three countries.
This was, however, suspended at the last minute due to the industrial unrest by air traffic control (ATC) in Dakar.
Iwarah said the airline had to wait until the issue was resolved before making announcement for the new date.
He said: “We can confirm that our inaugural flights to the three destinations will now take place on Feb. 19.
“The new routes constitute the second phase of the expansion of our network on the West Coast of Africa.
“This is an exciting step in fulfilling our promise to unlock the economies of the region, offer air travellers on business and leisure trips seamless connectivity as well as create jobs for the people. Iwarah said the routes would bring the airline’s network to a total of 14 destinations.
“Air Peace made its first scheduled commercial flight out of Nigeria from the Murtala Muhammed International Airport, Lagos into the Kotoka International Airport, Accra-Ghana on Feb. 16, 2017.
“The airline plans to operate flights to five other regional routes as well as six international destinations comprising Dubai, London, Guangzhou-China, Houston, Mumbai and South Africa soon,” he said.
According to him, the airline, which recently embarked on a project to increase its fleet size to 24 aircraft, will deploy a Boeing 737 aircraft on its Freetown, Banjul and Dakar routes.
Uncategorized
.NG Domain is Nigeria’s Pride Online – Akinsanya
The .ng domain name, Nigeria’s country code top-level domain (ccTLD), is the nation’s critical resource in the digital space, says Adesola Akinsanya, the president of the Nigeria Internet Registration Association (NiRA).
The .ng domain extension is unique to Nigeria, and it can give businesses a strong local identity.
This can help establish trust with customers, which is especially important for businesses that rely on local customers.
Mr. Akinsanya made the comments at NiRA Executive Board of Directors (EBOD) and Management Training held at the Lagos Business School (LBS).
The NiRA Executive Board and Management Training at LBS spanned a series of intensive interactive sessions designed to address critical challenges and opportunities in the digital domain.
The training program emphasized the importance of strategic vision, ethical decision-making, and resilience in the face of digital disruptions.
Participants gained insights into global best practices in digital governance, risk management, and leveraging digital technologies for business growth and societal impact.
Mr. Akinsanya, highlighted the significance of the collaboration with LBS, stating, “The NiRA EBOD/Management Training at LBS underscores our commitment to fostering a robust digital ecosystem in Nigeria. It equips leaders with the expertise to address complex digital challenges especially in accounting and financial management while harnessing the immense opportunities of the digital age.”
The program featured distinguished speakers, industry practitioners, and faculty members from LBS, providing a holistic learning experience enriched with real-world case studies and practical insights.
Participants commended the program for its relevance, depth of content, and interactive learning approach, noting its immediate applicability to their roles and responsibilities.
The NiRA EBOD Training at LBS represents a milestone in advancing digital leadership and governance in Nigeria.
“By equipping leaders with cutting-edge knowledge and strategic insights, the program contributes to building a resilient and innovative digital ecosystem that drives sustainable growth and societal development, especially from NiRA perspective. We must fashion out ways of increasing .NG domain name adoption which is our national pride in the digital space”.
Speaking further on why Nigerians and businesses should adopt the .NG domain name, the NiRA president said, “.NG domain name gives your brand special recognition both on and offline.
“Using a .ng domain name can help your business stand out in the Nigerian and global market. It is a great way to differentiate your brand from competitors and establish a unique identity. A .ng domain name is easier to remember, which can make it more likely that customers will return to your website in the future”, he said.
“It instantly communicates to internet users that your business is located in Nigeria. This can be especially helpful if you operate in a niche or industry where location is important to customers”, the NiRA boss added.
He added that Google and other search engines prioritize local content in search results, hence using a .ng domain name can help improve your website’s search engine ranking for local searches.
Uncategorized
Climate Action Africa Opens Applications for CAAF24 Deal Room
Climate Action Africa (CAA), a leading advocate for climate resilience and sustainable development, has announced the opening of applications for the Deal Room at the 2024 Climate Action Africa Forum (CAAF24). The Deal Room is a groundbreaking platform that aims to connect high-impact climate innovators in Africa with potential investors seeking to accelerate sustainable solutions.
The CAAF Deal Room is a strategic initiative that aims to create opportunities for innovators in the climate-tech domain focusing on emission reduction, energy, agriculture, transportation, circular economy, and building and construction.
The goal of the Deal Room is to select finalists who will have the opportunity to pitch their innovative ideas and solutions at the upcoming 2024 Climate Action Africa Forum, which will be held on June 19th in Lagos, Nigeria.
The Deal Room aims to boost investments in Africa’s green economy by galvanising a community of innovators, entrepreneurs, and investors to create applicable solutions that can mitigate the challenges of climate change on the African continent.
The Deal Room session will facilitate financing for solutions contributing to the growth and sustainability of Africa’s green economy. These deals may encompass prize money, equity plans, debt financing, mergers and acquisitions, and other investment options.
“Through the CAAF24 Deal Room, we aim to bridge the critical gap between promising climate ventures and the essential resources they need to thrive,” says Grace Oluchi Mbah, Co-founder and Executive Director of Climate Action Africa (CAA). “By facilitating connections between passionate entrepreneurs and dedicated investors, we can collectively unlock the immense potential of climate solutions in Africa.”
The eligibility criteria for applying include:
● The company must be African-owned and operate in any of the 54 African countries.
● It must be a for-profit company, between 1-5 years post-incorporation, post-MVP (minimum viable product), and post-GTM (go-to-market).
● The company should leverage digital technology to deliver its business model.
● Female ownership is an added advantage.
Those eligible to apply include venture capitalists, impact investors, climate tech startups, Green SMEs (small and medium-sized enterprises), philanthropic organisations, and government representatives.
Following the CAAF24 deal-room will be a post-event accelerator in partnership with the Silicon Valley-based Founder Institute and IDEA Africa. This Africa-wide initiative is specifically designed to further accelerate and enhance support for promising Climate Tech startups and founders who participated in the Deal Room.
The official unveiling of this accelerator will take place at the Climate Action Africa Forum 2024 (CAAF24), marking a significant step forward in driving Climate Tech innovations throughout Africa.
Applications for the CAAF24 Deal Room are open from April 22nd until May 17th. Interested applicants can register at https://deal.caaf.africa/register.
Uncategorized
LCCI Urges FG to Simplify Trade Procedures to Boost Economy
The Lagos Chamber of Commerce and Industry (LCCI) has said that the government needs to simplify and harmonize trade procedures and address bottlenecks in order to boost economic growth in the country.
President of LCCI, Mr. Gabriel Idahosa, gave the charge at a Quarterly media briefing on the State of the Economy yesterday in Lagos.
He said that the government has to create an atmosphere that promotes export growth and competitiveness, which is projected to boost export earnings, raise domestic revenue, improve citizens’ welfare, and increase business productivity.
“We recommend that reforms must include simplifying and harmonizing trade procedures as well as addressing bottlenecks such as port logistics, congestion, and transportation costs. This is expected to position the country as the commercial centre of the region and a springboard into regional value chains,” he stated.
On managing the persistent high inflation, the LCCI president said both monetary and fiscal authorities should focus on the factors driving the inflation rates by tackling the supply-side deficiencies instead of focusing too much attention on the demand-side management.
“We urge the Central Bank of Nigeria (CBN) to continue with its foreign exchange (forex) market reforms with intense discipline, as the high exchange rate against the naira is a major driver of the skyrocketing inflation rates.”
Idahosa acknowledged the improvement in the naira exchange rate in the last few days, moving towards the level of N1000 per dollar or lower.
“CBN needs to sustain its policy and regulatory reforms in the FX market, adopt policies that would attract more FX inflow into the economy as well as build market confidence in the performance of the FX market,” he added.
- News2 days ago
Students Loans’ Beneficiaries to Start Repayment 2 Years after Graduation- NELFUND:
- News2 days ago
NERC Cedes Regulatory Oversight of Enugu Electricity Market to State Government Agency
- News2 days ago
GPA Raises Alarm, Says Malaria Vaccine Can Cause Meningitis
- E-Business2 days ago
CAC Revokes NIPOST Subsidiaries’ Certificates
- E-Financial2 days ago
Former SEC Leadership Failed to Regulate, Develop Capital Market- ASCSN
- E-Business2 days ago
Coronation Group Launches Coronation Women Initiative Network to Empower Women in Finance and Technology
- E-Business2 days ago
IvoryPay, Tether to Drive Crypto Transfers Across Africa
- Broadcasting2 days ago
NASENI, Nasarawa State, Firm to Establish Tractor Manufacturing Plant in North-Central Geo-political Zone