News

Federal Government committed to Continuous Support of Nigerian Airlines- Meribole

Federal government of Nigeria has shown commitment in the continuous support of Nigerian airlines. Permanent Secretary Ministry of Aviation and Aerospace, Dr Emmanuel Meribole represented by Director Air Transport Management of the Ministry, Mr. Hassan Ejibunu made this statement at a reception organized by the Government of Antigua and Barbuda to celebrate the commencement of direct flights between Nigeria and the Caribbean country by Air Peace Airline recently.
He said the Federal Government will continue to initiate and implement policies that ensures Nigeria’s airlines benefits from the Bilateral Air Services Agreement (BASA) signed by Nigeria with other countries.
He commended Air Peace for the historic feat and yet another milestone recorded for both countries which were known to be bounded by common ancestries. He added that the journey would further strengthen the relationship of both countries in the areas of commerce, trade, and tourism while acknowledged the Federal Government of Nigeria and the Antiguan/Barbudan authorities for approving the designation of Air Peace by the Nigerian Aeronautical Authorities to fly the Nigerian-Antiguan route.
The Prime Minister of Antigua and Barbuda, Mr. Gatson Browne in his remarks said “it’s a new dawn for the relationship between Nigeria and Antigua”. He emphasized on the ancestral linkage between the Caribbean nations and Africa, which he referred to as the Motherland. He said the Antigua and Barbuda was home to every African and his government is desirous in promoting economic and bilateral ties with African nations within the context of the South-South cooperation.
He urged members of the business community from Nigeria and potential investors to take advantage of the favorable economic policy of his government to invest in Antigua and Barbuda.The Prime Minister further revealed that the country was on a collaboration with Air Peace Airline to float an airline known as LIAT 2020 which would commence flight operations soon. The airline, he said , on commencement of operations would operate in the entire Carribean countries thus making air connectivity between Africa, the entire Carribean countries and America stress-free.
While speaking earlier, representative of the Ministry of Foreign Affairs, Amb. Bolaji Akinremi Director, Economic, Trade and Investment said the development had signposted the beginning of a new fond relationship between Antigua and Barbuda as well as the entire Carribean countries.
He said the air connectivity was in sync with the Foreign policy of President Ahmed Bola Tinubu, GCFR of integrating the economy of Africa nations.
Akinremi further said, Carribean countries were considered as an integral part of Africa as the fifth bloc.
He further stated that the Ministry of Foreign Affairs would continue to foster the new fond relationship by promoting Bilateral meetings between the business communities of both counties.
The event had in attendance members of the business community from Nigeria and top government functionaries from the Republic of Antigua and Barbuda also had in attendance the Chairman of Air Peace, Chief Allen Onyeama.

Leave a Comment

Your email address will not be published.

You may also like

Business Economy

Vertiv and Tecogen Forge Global Partnership to Enhance Cooling Solutions for Power-Constrained Data Centres

post-image

 

Vertiv to offer Tecogen’s natural gas-powered chiller to customers leveraging alternative energy sources to reduce grid reliance

 

 

Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, and Tecogen Inc. (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, are pleased to announce a collaboration that enables Vertiv to offer Tecogen’s advanced natural gas-powered chiller technology to data centres worldwide, addressing power constraints and facilitating the deployment of AI at scale. The Tecogen solution will expand Vertiv’s industry-leading portfolio of cooling solutions.

 

As the power required for Artificial Intelligence computing and its supporting critical digital infrastructure increases, the strain on the power grid is showing, with increased demand exceeding supply in some regions. Tecogen’s solutions, proven…

Read More
Business Economy International Investments Technology Technology Trends Telecoms

NAPAfrica Internet Exchange achieves 5Tbps traffic milestone, driving Africa’s digital transformation

post-image

 

 

NAPAfrica, along with the support of its dynamic peering community, has reached a new milestone of five terabits per second (Tbps) of traffic. NAPAfrica remains Africa’s fastest-growing Internet Exchange Point (IXP) and one of the global top ten internet exchanges by total traffic volume, reinforcing its position as the continent’s premier peering and interconnection hub.

 

With over 655 networks peering at its exchange points, NAPAfrica continues to play a critical role in keeping African internet traffic local, reducing costs, and improving network performance.

 

Key traffic milestones in NAPAfrica’s growth:

2016: Traffic peaked at 100Gbps.

2018: Traffic peaked at 500Gbps.

2021: Traffic surged to 2Tbps.

2023: Traffic surpassed the 4Tbps mark.

February 2025: Traffic reached 5Tbps.

 

NAPAfrica statistics:

Physical connected ports: 2 244

Total connected capacity: 41.5Tbits

 

Ten factors driving NAPAfrica’s growth:

 

1. Strategic locations in South Africa

NAPAfrica operates in Johannesburg, Cape Town, and Durban, three of Africa’s key internet traffic hubs. In these locations, NAPAfrica serves as a critical interconnection point…

Read More
Business Culture Economy

NDPC, National Single Window Secretariat Strengthen Collaboration on Data Protection Compliance

post-image

The National Commissioner and CEO of the Nigeria Data Protection Commission (NDPC), Dr. Vincent Olatunji, has reaffirmed the Commission’s commitment to fostering compliance with data protection regulations across key national projects. This commitment was highlighted during a recent meeting with a delegation from the National Single Window (NSW) Secretariat, led by its Director, Mr. Tola Fakolade.

During the engagement, Mr. Fakolade provided an overview of the NSW Project, emphasizing its potential to streamline trade processes across Nigeria. He stated that the visit was aimed at seeking expert guidance from the NDPC to ensure full compliance with the Nigeria Data Protection Act, 2023 (NDP Act), particularly as data privacy and security remain integral to the project’s successful implementation. Fakolade further initiated discussions on collaborative efforts between the NSW and the NDPC to embed data protection as a fundamental pillar of the project’s design and execution. Read More

Announcements Business Finance Fintech

Fintrak Software Introduces Revolutionary Credit Ratings Software to Transform Lending in Nigeria’s Banking Sector

post-image

 

Fintrak, a foremost fintech firm in Nigeria, has introduced its innovative Credit Ratings Software, aimed at transforming how banks assess customers and creditors before granting loans. The software, leveraging advanced technology and data analytics, is designed to enhance credit risk management and streamline the lending process in Nigeria’s banking sector.

As a leading provider of fintech solutions, Fintrak continues to make a significant impact on Nigeria’s financial landscape. This introduction builds on the company’s reputation for delivering innovative solutions that optimize operational efficiency, mitigate risks, and promote financial inclusion.

The Credit Ratings Software is designed to help banks assess the financial health, risk profile, and repayment capacity of customers and corporate clients before making lending decisions. Integrating seamlessly with existing banking systems, the software provides real-time evaluations, ensuring loans are granted based on accurate and reliable data.

In a statement, Bimbo Abioye, Group Managing Director of Fintrak, emphasized the importance of this…

Read More
Business Culture Economy Environment Leisure News Society

Roberta Edu: Why Women Need to Rethink Collaboration for Success

post-image

By Roberta Edu

As a feminist, entrepreneur, and tech expert, I have always advocated for women’s empowerment and equality. However, through my personal and professional experiences in Nigeria, I have observed a critical pattern—when it comes to success in business, politics, or life in general, strategic collaboration with men often yields more support and results than relying solely on women.

Many assume that my advocacy for women means I am against men, but the truth is, most of my key business relationships and life-changing connections have been with men. This is not to say that women do not support each other, but rather to highlight a deeper psychological and social conditioning that influences how women interact in competitive and professional spaces.

When I embark on a project, the first people I instinctively reach out to are often a mix of men and women—yet, the ratio tends to favor men. In my experience,…

Read More
Business

Social Media Uproar as Edo Influencer Very Dark Man Calls for Igbo Protest

post-image
  •  

  • Popular social media personality Very Dark Man, an Edo-born influencer known for his controversial takes on social issues, has ignited a heated debate after calling on Igbos to stage a protest over the revelations in a newly published book. His call has been met with widespread backlash, with many accusing him of opportunism, clout-chasing, and a lack of genuine concern for Igbo struggles.

    The controversy erupted after Very Dark Man released a video urging Igbos to take to the streets in response to the book’s findings, which he claimed warranted mass action. However, many within the Igbo community dismissed his call as reckless and uninformed, arguing that such a protest could lead to severe consequences given the current state of security in the South-East.

    Criticism Over Security Risks

    Opponents of Very Dark Man’s call for protest argue that the South-East remains one of the most militarized regions in Nigeria under…

Read More
Business Economy Government International Opinion

Global Leaders Rally Behind Zelensky Amid White House Controversy

post-image

By Anthony Emeka Nwosu

A diplomatic storm erupted following a tense meeting at the White House involving former U.S. President Donald Trump, Ohio Senator J.D. Vance, and Ukrainian President Volodymyr Zelensky. The encounter, which saw Trump openly criticize Zelensky and accuse him of pushing the world toward a third world war, has sparked global outrage. In response, key world leaders have reaffirmed their unwavering support for Ukraine, denouncing Russia’s ongoing aggression and defending Zelensky’s leadership.

This latest episode underscores the deep geopolitical divide over Ukraine’s struggle for sovereignty and the role of Western powers in the conflict. As Trump’s remarks reverberated across the global stage, leaders from Europe, North America, and beyond issued powerful statements, reinforcing Ukraine’s fight against Russian invasion and condemning what they see as an attempt to undermine international unity against Moscow.

Unwavering Support from European Leaders

Poland, France, and the Baltic States Take a Stand

European leaders wasted no time…

Read More
Business Culture Economy Education Society Technology Technology Trends Telecoms

Rome Business School Unveils Landmark Report on Nigeria’s Digitalisation and AI Landscape

post-image

 

Nigeria’s digital economy is undergoing a revolutionary transformation, driven by the rapid adoption of digital technologies, artificial intelligence (AI), and government-backed initiatives aimed at fostering innovation. However, despite significant progress, challenges such as inadequate infrastructure, digital literacy gaps, and regulatory roadblocks continue to pose hurdles.

A new report by Rome Business School, a leading international business education institution, takes a deep dive into this evolving landscape, analyzing how digitalization is reshaping industries like finance, telecommunications, agriculture, and education. It also outlines critical obstacles that must be overcome to unlock Nigeria’s full digital potential.

According to Asunmo Olakunle, General Manager of Rome Business School Nigeria, digitalization is no longer a choice but a necessity for economic growth. “We are witnessing impressive transformations across key sectors. However, to fully capitalize on these opportunities, Nigeria must improve its digital infrastructure, bridge the skills gap, and establish clear regulatory frameworks,” he stated.

The report…

Read More