The global commercial aircraft market is dominated by two manufacturers, European conglomerate, Airbus, and Seattlebased aerospace giant, Boeing. WOLE SHADARE writes that their innovations amid stiff rivalry is helping to reshape the travel industry Race for market share Their drive to secure market share is affecting everything from which aircraft you are on, […]
The aviation industry promises to be exciting, as three airlines have shown commitment to begin service, amid the COVID-19 crisis that has seriously affected the sector. The airlines are Nigeria Green Africa; an airline that promises to reshape the nation’s aviation’s aviation industry with its state-of-the art aircraft. Others are United Nigeria Airline and […]
Stories, Wole Shadare KLM Royal Dutch Airlines is forced to reduce its workforce by another 1.000 with almost immediate effect. Slower than expected recovery from the Covid-crisis until deeper into 2021 means that the carrier has to refer to another scenario and cut further into its workforce. In 2020, KLM cut 5.000 jobs across […]
Beyond the crude oil export receipts by the Nigerian National Petroleum Corporation (NNPC), which hit $120.49 million in September, the corporation recorded marginal decrease in its month-on-minth surplus. ADEOLA YUSUF, in this report, shows the role zero crude oil lifting from the Okono Okpoho facility played in this The September 2020 Monthly Financial and […]
The Managing Director, Nigeria Aviation Handling Company, NAHCOaviance, Mrs. Tokunbo Fagbemi, has disclosed the impact of COVID- 19 on her firm, saying that at the beginning of 2020, they were projected for growth and in the month of January 20-30 per cent growth was recorded but sadly, at the end of the quarter nothing was […]
VOLUME 223.82bn cubic feet (bcf) of natural gas was produced in the month of September Oil producers in Nigeria burnt a whopping 492.93 million standard cubic feet (mmsf) of gas in the month of September, 2020. This is aside the lost of approximately 90.9 billion cubic feet of natural gas recorded by the […]
The bickering between the Senate and the Ministry of Petroleum Resources has degenerated with the former alleging that the later spent a whopping N98.4 million for printing leaflets used for Petroleum Industry Bill (PIB) awareness. The Senate Committee on Public Account, which declared this, also kicked against the violation of due process by the […]
Samson Akintaro More than 30 million telecommunications subscribers have now activated the Do-Not-Disturb (DND) code on their lines, the Nigerian Communications Commission (NCC) has revealed. The DND code, which is 2442, allows subscribers to stop all unwanted messages that usually come from Value Added Services (VAS) providers in the industry. The Executive Vice […]
60-year-old man, Bakare Buraimoh, has been sentenced to six months imprisonment at the Ilaro Correctional Centre, Ogun State, for assaulting a staff of Ikeja Electric, IE. The Ifo Magistrate Court on Wednesday, December 30, 2020, according to a statement, delivered the judgment against Buraimoh, a resident of Isheri-Olofin Community, for assaulting Abiodun Fakoya, a […]
ZOLA Electric, one of Africa’s leading renewable energy providers, has announced the donation of hightech solar power systems to selected Lagos State Government- owned Primary Health Centers (PHCs), as part of its commitment to help fight the resurgence of COVID-19 through the availability of 24-hour electricity supply to Nigerians everywhere, especially those in underserved and […]