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Air Cargo, up 9.1% in September, Capacity Remains Constrained
- November 4, 2021
- Posted by: admin
- Category: Economy, Latest News, Marine & Aviation
No CommentsThe International Air Transport Association (IATA) has released September 2021 data for global air cargo markets, showing that demand continued to be well above pre-crisis levels and that capacity constraints persist. According to IATA’s latest report, the comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19. Unless otherwise
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eNaira: CBN plans app for persons without bank accounts
- November 2, 2021
- Posted by: admin
- Category: Digital Economy, Economy, Latest News
The Chief Executive Officer of Bitt Inc., Brian Popelka, has said a phone application for people without bank accounts will be rolling out soon.He said the present version of the eNaira app could only be used by people with bank accounts. Bitt Inc. is the Central Bank of Nigeria’s technical partner for the digital currency,
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CBN Targets Financing 25,000 Graduate Entrepreneurs Annually
- November 1, 2021
- Posted by: admin
- Category: Economy, Latest News
The Central Bank of Nigeria (CBN) has rolled out a new scheme targeted at financing 25,000 graduate entrepreneurs annually, which will, in turn, create an additional 75,000 sustainable jobs annually across the country. This, the apex bank said, is coming in form of loans for university and polytechnic graduates who are willing to set up
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Obiano commissions Anambra International Airport as NCAA fails to approve maiden flight
- October 31, 2021
- Posted by: admin
- Category: Economy, Latest News, Marine & Aviation, Tourism
Governor Willie Obiano of Anambra State, Friday reportedly commissioned the Anambra International Passenger and Cargo Airport, Umueri, for commercial use amidst fanfare by indigenes of the state. This came as the aviation regulatory authority, Nigeria Civil Aviation Authority (NCAA), failed to approve the take-off of two commercial flights that were billed to land at the
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American Airlines Cancels Hundreds of Flights
- October 30, 2021
- Posted by: admin
- Category: Latest News
American Airlines Group Inc has reportedly 0.05% American Airlines has reportedly canceled hundreds of flights over the weekend due to staffing shortfalls that followed bad weather, snarling weekend travel for thousands of passengers. According to an article published in World Street Journal, American canceled close to 400 flights, or 15% of its mainline operation Saturday
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Schiphol Airport Charges Increase Comments
- October 30, 2021
- Posted by: admin
- Category: Latest News, Marine & Aviation
In response to the announcement by Schiphol Airport that it is proposing an increase of its charges by 37% (2022-2025), IATA issued the following comments: “It is irresponsible that Schiphol is increasing airport charges by 37% in the middle of a crisis. It is insulting that the airport is positioning a token 5% reduction in
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NEW US INTERNATIONAL TRAVEL ADVISORY, EFFECTIVE NOVEMBER 8
- October 28, 2021
- Posted by: admin
- Category: Latest News, Marine & Aviation, Tourism
Frequently Asked Questions on COVID-19 Vaccinations and Testing for International Travel The Biden Administration announced a new international air travel policy that is stringent, consistent across the globe, and guided by public health. Starting on November 8, foreign national air travelers to the United States will be required to be fully vaccinated and to provide
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Okonjo-Iweala’s son, Uchechi, breaks medical record in the US
- October 28, 2021
- Posted by: admin
- Category: Digital Economy, Health, Latest News
Dr. Uchechi Iweala, son of the Director-General of the World Trade Organisation, Ngozi Okonji-Iweala, has broken a medical record in Maryland, United States. On Thursday, the WTO boss announced that her son was one of the first spinal surgeons in Maryland to perform a successful navigated lumbar spinal fusion using a robot. The proud mother
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eNaira: 33 banks join platform as CBN mints 500m, transactions free of charges for 90 days
- October 25, 2021
- Posted by: admin
- Category: Digital Economy, Economy, Latest News
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said 33 Nigerian banks have joined the eNaira platform and it has minted N500 million worth of digital currency, even as the apex bank informed that all transactions conducted on these platforms, will be free for 90 days. Ememfiele said this at a ceremony
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£1.5bn earmarked for Nigeria ‘largely untouched’, says UKEF
- October 24, 2021
- Posted by: admin
- Category: Latest News
The £1.5bn financing set aside for Nigeria by the UK Export Finance, the United Kingdom government’s export credit agency, has remained largely untouched, the UK Government Department for International Trade, Nigeria has said. The Country Director, UK Government Department for International Trade, Nigeria, Chimwemwe Chalemera, disclosed this on Thursday at the 2021 Energy Sustainability Conference