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ImpactHER, Africa’s foremost not-for-profit organization with a mandate for empowering African female entrepreneurs by bridging the gender business financing gap so as to help them realise their full economic potential has signed a Memorandum of Understanding (MoU) with the African Union for gender equality and women’s economic empowerment in realization of the Union’s 2063 Gender Goals.
The MoU outlines a collaborative framework between ImpactHER and the African Union, focusing on strategic initiatives to empower women entrepreneurs across the continent.
This partnership aims to address key challenges faced by African women in business, including access to finance, market linkages and skill development, aligning with the aspirations of Agenda 2063 for a prosperous and gender-equal Africa.
Efe Ukala, Founder, ImpactHER, while expressing enthusiasm about the partnership said:
“This is more than a collaboration; it’s a commitment to the women of Africa. Together with the African Union, we are poised to make significant strides in breaking down barriers that have long hindered women entrepreneurs from reaching their full potential. The partnership will kick-off with a series of joint programs and initiatives aimed at providing African women entrepreneurs with the tools, resources, and support they need to thrive. These initiatives will include targeted training programs, access to finance workshops, and networking events designed to connect women entrepreneurs with potential investors and markets”.
During the MOU signing ceremony, Albert Muchanga, commissioner for Trade and Industry at the African Union, underscored the importance of this partnership.
“Africa is on the rise and its women are the key agents that will drive the next level strategic growth phase. This is why we are passionate that for us to achieve our 2063 agenda, we must tap into the enormous resources that our women possess. African female entrepreneurs are at the heart of this MOU that we have signed. The AU wants to make sure that they are carried along and to achieve this, we will be working with ImpactHER due to its verifiable track record of success African female business owners. We at the African Union are certain that the story of the African women will change with the partnership”, he expressed.
ImpactHER is an impact-driven organization that focuses on bridging the $42 billion financing gap for women-owned small and medium-sized enterprises (SMEs) in Africa.
ImpactHER has directly trained and supported over 130,000 African women entrepreneurs, on a pro bono basis, in 53 African countries.
The organization helps African women business owners access institutional capital, scale their businesses, tackle operational challenges, access new markets through technology, and become investor-ready providing them with the digital skills they need to succeed.
The post 2063 Gender Goals: ImpactHER, AU sign MoU on African Women Empowerment appeared first on Tech | Business | Economy.

The African Public Relations Association (APRA) has announced the election of its new executives, led by Arik Karani from Kenya as the president.
A seasoned communications expert with over 15 years of experience, Arik Karani is well-equipped to lead the association in promoting excellence in public relations across Africa.
Joining President Karani are:
– Vice President, Dr. Michele Mekeme from Cameroon, a distinguished PR academic and practitioner with 20 years of experience.
– Secretary-General, Dr. Omoniyi Ibietan from Nigeria, a seasoned communication expert with a strong background in public relations and strategic communication scholarship and practice spanning two decades.
Arik Karani, the Communication Lead for Community Resilience and Sustainability at the Wikimedia Foundation, brings a wealth of experience in stakeholder engagement, digital strategy, disinformation, and crisis communication. He has advised governments, civil society organizations, NGOs, and private sector entities, and has worked with the World Bank Group, the Government of Kenya, Child Fund International, and Amref Health Africa.
As President of APRA, Arik Karani will leverage his expertise to promote the development of public relations in Africa, foster collaboration among professionals, and enhance the reputation of the industry.
He will also work with the Ministers in charge of Communication and Information Technology sectors in Africa to advise on the implementation of the Digital Transformation Strategy for Africa under the Africa Union Agenda 2063.
“I am honored to lead APRA and contribute to the growth of public relations in Africa,” said Arik Karani. “I look forward to working with our members and partners to promote excellence and make a positive impact on the continent.”
The post APRA Elects new Executives with Arik Karani as the President appeared first on Tech | Business | Economy.

The Chartered Institute of Bankers of Nigeria has inaugurated Professor Pius Deji Olanrenwaju as the new president/chairman of the Council.
Olanrewaju was sworn in by Justice Owolabi Dabiri at an event held in Lagos today, Friday, May 17 2024 and was chaired by Wole Olanipekun, a senior advocate of Nigeria (SAN).
Pius Deji Olanrenwaju took over from Dr. Ken Opara, the 22nd president and chairman of the Chartered Institute of Bankers of Nigeria (CIBN).
Dr. Opara who concluded his tenure on a high note, received glowing tributes from fellow leaders in the financial sector.
In a farewell speech, the immediate past president emphasised the importance of building a sustainable future for the banking industry.
He urged leaders to focus on strategies that empower the next generation of bankers with essential skills and foster a culture of innovation.
Reacting to the emergence of the new leadership of CIBN, Tajudeen Abbas, the speaker of the House of Representatives, who was represented by Nwachukwu Eze, the chairman, of the House Committee on Banking, hailed the immediate past CIBN president, Ken Opara and called on the new leadership of the organization to embrace technology to boost financial inclusion.
Abbas said, “Today, as you welcome the incoming president and new chairman of the Council, we also reflect on the challenges and opportunities that lie ahead.
The banking sector is constantly evolving, driven by technological advancements, regulatory changes, and shifts in customer behaviour.
“In the face of these types of changes, the CIBN must remain steadfast in its commitment to excellence and innovation. The incoming leadership must embrace new ideas and emerging technologies and foster collaboration within the industry to navigate these challenges and seize the opportunities that lie ahead.

“As we look to the future, we must not lose sight of the importance of financial inclusion and sustainable development. Despite progress has been made in expanding access to financial services.

Millions of Nigerians remain on the side or excluded from the formal banking sector. It is incumbent upon all stakeholders including the CIBN to redouble your efforts to promote financial literacy, expand access to finance, and foster inclusive growth, that leaves no one behind.”
Meanwhile, the managing director/chief executive officer of the Nigeria Deposit Insurance Corporation, Bello Hassan, called on banking sector players to pay attention to cybersecurity, saying, “In this regard, a deliberate and collaborative approach to cyber risk involving all stakeholders is essential to protect the resilience of the banking system.”
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Lenovo has announced a comprehensive new suite of purpose-built AI-centric infrastructure systems and solutions to advance Hybrid AI innovation from edge to cloud.
Lenovo is delivering GPU-rich and thermal efficient solutions intended for compute intensive workloads across multiple environments and industries.
In industries such as financial services and healthcare, customers are managing massive data sets that require extreme I/O bandwidth and Lenovo is providing the IT infrastructure solutions vital to management of critical data.
Lenovo TruScale
Across all these solutions is Lenovo TruScale, which provides the ultimate flexibility, scale and support for customers to on-ramp demanding AI workloads completely as-a-service.
Regardless of where customers are in their AI journey, Lenovo Professional Services are simplifying the AI experience as customers look to meet the new demands and opportunities of AI that businesses are facing today.
“Lenovo is working to accelerate insights from data by delivering new AI solutions for use across industries delivering a significant positive impact on the everyday operations of our customers,” said Kirk Skaugen, president of Lenovo ISG. “From advancing financial service capabilities, upgrading the retail experience, or improving the efficiency of our cities, our hybrid approach enables businesses with AI-ready and AI-optimized infrastructure, taking AI from concept to reality and empowering businesses to efficiently deploy powerful, scalable and right-sized AI solutions that drive innovation, digitalization and productivity.”
Accelerating the Most Compute Demanding AI Workloads
In collaboration with AMD, Lenovo is delivering the ThinkSystem SR685a V3 8GPU server, bringing customers extreme performance for the most compute-demanding AI workloads, inclusive of GenAI and Large Language Models (LLM).
The powerful solution provides fast acceleration, large memory, and I/O bandwidth to handle huge data sets, needed for advances in the financial services, healthcare, energy, climate science, and transportation industries.
ThinkSystem SR685a V3
The new ThinkSystem SR685a V3 is the optimal solution for both enterprise private on-prem AI as well as for public AI cloud service providers.
In financial services, the ThinkSystem SR685a V3 is designed to help with fraud detection and prevention and KYC (know your customer) initiatives.
The system is also ideal for applications supporting algorithmic trading strategies, risk management (real-time transaction monitoring and value-at-risk), credit issuance (loan analysis and approval recommendations), wealth management and advisory services, streamlining and augmenting regulatory compliance, and forecasting.
Key features of the new system include:

Accelerated for intense compute with leading edge 4th Generation AMD EPYC Processors and 8 new AMD Instinct MI300X GPUs.
Fully interconnected with AMD Infinity Fabric, providing 1.5TB of high-bandwidth (HBM3) memory capacity and up to 1TB/s peak aggregate theoretical GPU I/O bandwidth performance and the speed necessary for training and deploying AI models.
With substantial thermal headroom via air-cooling, the Lenovo SR685a V3 can sustain maximum performance of high-power CPUs and GPUs.
Ultimate flexibility including support for NVIDIA’s latest HGXTM (H100/H200/B100) GPUs and drop-in support for the next generation of AMD CPU.

The Lenovo ThinkSystem SR680a V3 GPU system delivers massive computational performance for Artificial Intelligence (AI), High-Performance Computing (HPC), and graphical and simulation workloads across various industries. CREDIT: Lenovo
“Together with Lenovo, we are accelerating AI transformation for the enterprise in multiple manners – helping guide customers through this monumental shift in computing, while providing robust end-to-end solutions at scale,” said Forrest Norrod, executive vice president and general manager, Data Center Solutions Group, AMD. “We have a proven track record of bringing amazing solutions, jointly, to the market and are excited to add AMD Instinct MI300X to Lenovo’s portfolio, helping enterprises to rapidly adopt AI.”
One of the Most Powerful Edge for Azure Stack HCI Server on the Market
Lenovo is bringing AI inferencing and real time data analysis to the edge with the new Lenovo ThinkAgile MX455 V3 Edge Premier Solution with AMD EPYCTM 8004 processors.
A versatile AI-optimized platform delivers new levels of AI, compute, and storage performance at the edge with the best power efficiency of any Azure Stack HCI Solution.
Offering turnkey seamless integration with on-prem and Azure cloud, Lenovo’s ThinkAgile MX455 V3 Edge Premier Solution allows customers to reduce TCO with unique lifecycle management, gain an enhanced customer experience and allows the ability to adopt software innovations faster.
Lenovo’s ThinkAgile MX455 V3 Edge Premier Solution is ideal for retail, manufacturing and healthcare industries.
“We hear from our customers every day that they need the power of Microsoft Azure to extend into their diverse, real-world environments – from manufacturing floors and retail spaces to fast-food outlets and other distributed locations. Our collaboration with Lenovo allows us to deliver just enough Azure to these critical edge sites while simplifying deployment and life cycle management,” said Douglas Phillips, Corporate Vice President, Azure Edge + Platform. “The ThinkAgile MX455 V3 Edge Premier Solution gives our shared customers a seamless experience from the cloud to the edge, wherever their data lives. This new solution and the power of our adaptive cloud approach enables businesses to unify teams, streamline operations, and harness the power of cloud-native and AI technologies so they can focus on transforming their business, rather than managing infrastructure.”
Solving for Compute Intensive Workloads 
Lenovo and AMD are unveiling a multi-node, high-performance, thermally efficient server designed to maximize performance per rack for intensive transaction processing.
The Lenovo ThinkSystem SD535 V3 is a 1S/1U half-width server node powered by a single 4th Gen AMD EPYC processor and is engineered to maximize processing power and thermal efficiency for workloads including cloud computing and virtualization at scale, big data analytic, high-performance computing and real-time e-commerce transactions for businesses of all sizes.
The post Lenovo Advances Hybrid AI Innovation to Organisations Irrespective of the Size   appeared first on Tech | Business | Economy.

Cybersecurity specialist Exclusive Networks Africa has reached a significant milestone in its African market development journey, with the official opening of its new office in Lagos, Nigeria.
Exclusive Networks Nigerian office opening by Anton Jacobsz
This new development signifies the company’s steadfast commitment to investing in the region and bolstering its presence in West Africa, stated Anton Jacobsz, Exclusive Networks Africa’s managing director.
“The opening of our new Nigerian office represents more than just having a brick-and-mortar presence in the country, it is a symbol of our dedication and investment in Nigeria and the broader West Africa region,” he explained. “With over a decade of operations in the region, this development represents a strategic move to better serve the local market and provide enhanced support to our vendors and channel partners.”
The timing of the company’s expansion aligns with the Nigerian government’s recent announcement of a levy on domestic transfers to fund cybersecurity initiatives—underscoring the growing focus on cybersecurity in the region, and Africa in its entirety.
“The cost of cybercrime is expected to reach $23.82 trillion globally by 2027, according to Statista, and we’re seeing that Africa is being increasingly targeted by cyber criminals. Threats like ransomware and distributed denial of service (DDoS) attacks will continue to be seen across the continent, reinforcing the need for local organisations to ensure that they have the right protection measures in place.”
The office opening delegates
The new Nigerian premises adds to the copany’s existing footprint on the continent, within East and West Africa, the Southern African Development Community (SADC), and the Indian Ocean Islands.
Exclusive Networks Africa’s expansion into Nigeria not only highlights its continued success across the continent but also its mission to become the value-added distributor of choice in Africa, an entity committed to the growth, protection, and success of the region.
“We are excited about the opportunities that Nigeria presents and look forward to working closely with our partners to deliver cutting-edge cybersecurity solutions to businesses across the region,” added Jacobsz.
Exclusive Networks Nigerian office opening group shot
With the opening of its new office in Lagos, Exclusive Networks Africa is poised to further strengthen its position as a premier provider of cybersecurity and cloud solutions in Africa, empowering businesses to navigate the evolving threat landscape and thrive in the digital age.
The post Exclusive Networks Africa further Entrenches Continental Presence with New Offices in Nigeria appeared first on Tech | Business | Economy.

Skyway Aviation Handling Company (SAHCO) PLC’s Kano station has been re-certified by International Air Transport Association (IATA).
The re-certification was issued to SAHCO after it passed the IATA Safety Audit for Ground Operations (ISAGO) standards audit conducted on the company in Kano.
The IATA Safety Audit for Ground Operations (ISAGO) is an aviation specific audit for the global oversight of ground handling service providers (GHSPs).
ISAGO focuses on the standardization of operational procedures and management thereby increasing harmonization of best practices among the ground handling stakeholders.
By this re-certification, it means that SAHCO’s Mallam Aminu Kano’s International Airport station has continued to model its operations to ISAGO standards, as a result making a commitment to continue to operate to globally accepted industry best practices.
The Audits cut across Organization and Management (ORM), Load Control (LOD), Passenger and Baggage Handling (PAB), Aircraft Handling and Loading (HDL), Aircraft Ground Movement (AGM), Cargo and Mail Handling (CGM).
As already pledged to its clients (current and prospective), it is SAHCO’s resolve to continually provide quality and efficient Passenger, Ramp and Cargo Handling Services in line with best practices and the highest International Standards to the delight of its customers and benefit of all stakeholders, utilizing State-of-the-art equipment, skills, procedures and facilities, and employing a dedicated workforce who are highly skilled.
ISAGO audit is essential to promote safe ground operations and understanding of high-risk areas within ground operations, the audit also eliminates redundant audits from airlines thereby promoting a uniform audit process and harmonized standards that improve quality standards in Aviation Ground Handling.
The duties of SAHCO involves all the actions that takes place from the time an aircraft touches down on the tarmac to the time it is airborne, also ensuring that Ground Handling assignment is carried out in an efficient, speedy and safe manner, while deploying the right tools.
SAHCO Plc is a publicly quoted company on the Nigerian Stock Exchange that was incorporated as an Aviation Ground Handling services provider under the Nigerian Company & Allied Matters Act of 1990.
The post SAHCO Kano Station Achieves ISAGO Re-Certification appeared first on Tech | Business | Economy.

Skyway Aviation Handling Company has been awarded the prestigious British Airways Punctuality Award for its exceptional professionalism and seamless Ground Handling Services provided to British Airways during the first quarter of 2024.
The British Airways Punctuality Award was introduced as part of the airline’s efforts to recognize and celebrate its partners who consistently deliver excellent job performance.
SAHCO PLC stood out among its peers for its outstanding punctuality and dedication to ensuring smooth operations for British Airways.
According to Hellen O’Connor, British Airways Regional General Manager for the Middle East, Africa, and Asia Pacific, expressed her congratulations to SAHCO at Lagos for achieving their punctuality targets for the first quarter of 2024.
She highlighted the importance of safety and punctuality in the aviation industry and commended SAHCO for meeting the Adjusted Closure (aDC) target of 96% each month during the quarter.
In response to the award, Mrs. Adenike Aboderin, the managing director/CEO of SAHCO PLC, expressed her elation and gratitude to British Airways for recognizing SAHCO’s commitment to excellence. She emphasized that SAHCO is dedicated to providing top-notch Ground Handling Services to its numerous partners, utilizing state-of-the-art Ground Handling Equipment fitted with the latest environmentally friendly technology.
Furthermore, she reaffirmed SAHCO’s commitment to continue delivering the best Ground Handling services to all SAHCO’S clients and went on to extend her gratitude to British Airways Nigerian team led by Mrs. Toun Odejinmi and the SAHCO team for their professionalism, hard work and dedication.
The British Airways Punctuality Award is a testament to SAHCO PLC’s commitment to professionalism, efficiency, and customer satisfaction.
This recognition reinforces SAHCO’s position as a leading Ground Handling service provider in the aviation industry.
Skyway Aviation Handling Company, SAHCO PLC, is a leading Ground Handling service provider in Nigeria.
With a team of highly skilled professionals and state-of-the-art equipment, SAHCO offers a comprehensive range of Ground Handling services, including passenger handling, ramp handling, cargo handling, aviation security amongst other Ground handling services to clients across all the commercially operated airports in Nigeria.
SAHCO Plc is a publicly quoted company on the Nigerian Stock Exchange that was incorporated as an Aviation Ground Handling services provider under the Nigerian Company & Allied Matters Act of 1990.
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The United Arab Emirates has introduced a new long-term visa program known as ‘Blue Residency’.
This program offers 10-year visas to individuals recognized for their contributions and efforts towards environmental protection, this also includes sustainability efforts both within and beyond the UAE.
But who are professionals who skills set resonates and aligned with these opportunities?
The UAE Blue Residency will be awarded to advocates of environmental initiatives, such; as members of international firms, organizations, and non-governmental organizations (NGOs); recipients of global awards; and notable activists and researchers dedicated to environmental causes.
Implicitly, individuals and organizations, whose work and professionals grits falls within the aforementioned would benefit largely from the recent offer.
The country launched this residency scheme as part of its initiatives to designate 2024 as the year of sustainability.
The emphasis on sustainability was carried over into 2024 following a year marked by environmental themes, during which residents were encouraged to engage in sustainable practices.
Eligible candidates are encouraged to apply via the Federal Authority for Identity, Citizenship, Customs, and Port Security. Additionally, relevant entities are authorized to nominate individuals for this long-term residency.
According to Mohammed bin Rashid Al Maktoum, the Vice-President and Prime Minister of the UAE and Ruler of Dubai, Sheikh “The sustainability of our economy has become linked to the sustainability of our environment”. The GMD of the recruitment agency named Mackenzie Jones, David Mackenzie, admitted to the continued success of UAE’s 10-year visa program.
On the benefits it offers, it was said that, “The biggest benefit [of a ten-year visa] is that it has made it possible to live here without needing to be under the sponsorship of a company. It gives you so much freedom.”
The announcement of a blue visa for contributions to protecting the environment has been groundbreaking, said Dr Sultan Al Jaber, Cop28 President and Minister of Industry and Advanced Technology.
“The UAE blue residency visa aims to attract global environmental leaders to contribute to the UAE’s sustainable economic and social development,” said Dr Al Jaber.
“It underscores the nation’s dedication to leveraging advanced technologies and artificial intelligence to create impactful solutions.
“With a forward-thinking approach, these solutions will address climate challenges and transform them into opportunities for a brighter future for humanity and our planet,” he said.
Dr. Al Jaber also said the blue visa is in line with the legacy created by the Cop28 conference, the UN climate change summit that took place in Dubai last year.
“The conference was a paradigm shift, showcasing the UAE’s unwavering commitment to multilateralism, international co-operation, and developing a united global approach to the challenges of climate change.
“This visa will build on that good work and will help further establish the UAE as a front-runner in the development of technologies, such as artificial intelligence, that can help address climate change,” he said.
Recall that in 2019, the UAE introduced a 10-year residency program known as Golden Visas for investors, entrepreneurs, scientists, exceptional students and graduates, and pioneers in humanitarian fields, among others.
Three years later, the country launched a five-year residency program named Green Visas, targeting skilled professionals, freelancers, investors, and entrepreneurs.
[Featured Image Credit] The post EXPLAINER: The UAE 10-year Blue Residency Visa appeared first on Tech | Business | Economy.

Captain John T Okakpu, has said that the resumption of Emirates Airlines flights to Nigeria  will benefit the West African country’s cargo business.
Similarly, Capt. Okakpu said Emirates flights do not threaten the operations of Air Peace’s flight into the Middle East.
Speaking to Techeconomy correspondent, the CEO of abx World, said:
“The truth is that the resumption of Emirates back into the Nigeria Airspace would not affect Air Peace. The only area it is going to positively affect Nigeria, is in respect of Cargo, because a lot of Cargo from far the Eastern part of the world comes into Nigeria, so it is easier for Emirates Airline to bring those Cargo to Nigeria.
Air Peace
According to him, “the coming back of Emirates Airlines to the Nigeria space is laudable. Because a lot of Nigeria goes to India and Indian sub-continent and Asia, it will serve as a better connection for them.
Recall that yesterday, Adnan Kazim, Emirates’ deputy president and chief commercial officer disclosed that Emirates will resume daily flights to Nigeria on October 1, 2024.
“The Lagos-Dubai service has traditionally been popular with customers in Nigeria and we hope to reconnect leisure and business travellers to Dubai and onwards to our network of over 140 destinations.”
“We thank the Nigerian government for their partnership and support in re-establishing this route and we look forward to welcoming passengers back onboard.”
Accordingly, “with the resumption of operations to Nigeria, Emirates operates to 19 gateways in Africa with 157 flights per week from Dubai, with further reach to an additional 130 regional points in Africa through its code share and interline partnerships with South African Airways, Airlink, Royal Air Maroc, Tunis Air, among others.”
Capt. Okakpu, however noted that Nigerians who shuttle between Nigeria and London, would have a good deal with Nigeria Air Peace Airline on the basis of its just 6 hours direct flight to London against 9 to 10 hours obtainable elsewhere.
“But to London, is definitely not good at all, you don’t want to fly 9-hours going somewhere and fly another 10 hours going another way. For a journey that is like 6 hours, and not 9-hours and 10 hours this way, when you get to Dubai. That is why Air Peace is actually competing”.
“Because, they must first take you to their country, before they take you to London. So, a lot of people don’t understand that Turkish Airways, for instance, are going to take you to their country (Turkey) first and most of the time they will mistreat you there for being a Nigerian.
“So, why don’t you just jump into a flight that in six hours you get to your destination. For instance, I heard about a lady that spent 24-Hours, just to catch a flight; that is not worth it. “
“So, if you go to London using Emirates Airlines, it will take you about two days to get there. The truth is the resumption of Emirates back into the Nigeria Airspace would not affect Air Peace. The only area it is going to positively affect Nigeria is in respect of cargo, because a lot of cargo from the far eastern part of the world come into Nigeria; so it is easier for Emirates airline to bring those cargo to Nigeria.
“Cargo from Europe, for instance, can take up to three to six days. So, on a cargo side, Nigeria stands to benefit as it [Emirates] will increase the capacity of Cargo coming in.
Emirates airlines
“Many cargo airlines don’t come to Nigeria any longer, because of the state of the economy. Only Turkish Airlines comes, once in a while. Once upon a time cargos came into Nigeria four times in a week, but now they hardly come.
Emirates, Saudi Air Cargo used to come like three times in a week, but now, they don’t even come at all.
“When you see cargoes being collected at the Airport, most of them go underbelly, and airlines are skeptical about it, because most of the time they carry agricultural products, and once there is contamination on arrival, they will destroy the goods. If that is done, the authorities over there will bill the airline for the cost of destruction, and that is why there are lots of cargoes on British Airways going to London, they are not carrying them because of contamination. These contaminations are caused by Nigerian government agencies especially NDLEA, NAFDAC and others, because of the ways and manners they inspect goods.
“So, Emirates coming back to the Nigeria airspace, first off on passengers side going to Europe to me is not advisable, but in terms of cargo Nigeria have lots to gain.
“Also for those travelling to places such as: Australia, Japan and the far Eastern part of the world, it will be of immense benefit for them.
R-l: Dr Afolabi Taiwo, chairman, SIFAX Group; Adenike Aboderin, MD/CEO of SAHCO, and Capt. John T Okakpu, founder/CEO abx World.
“But the question is, if you are travelling to London, would you go to UAE, get a visa and later get a flight, while with Air Peace you can just get your flight and go.
“Because the coming of Air Peace in the Aviation industry, has really safed the Nigeria Aviation Industry and shaken it to the foundation.”
Emirates, said upon resumption of its services to Nigeria from 1 October 2024, it will deploy a Boeing 777-300ER.
EK783 will depart Dubai at 0945hrs, arriving in Lagos at 1520hrs; the return flight EK784 will leave Lagos at 1730 hrs and arrives in Dubai at 0510hrs the next day.
The post Emirates Flights will Benefit Nigeria more on Cargo Business – Capt Okakpu appeared first on Tech | Business | Economy.

The Nigerian Communications Commission has suspended the issuance of communication Mobile Virtual Network Operator (MVNO), Interconnect Exchange, and Value Added Service Aggregator licenses, Techeconomy can report.
The announcement was contained in a public notice issued by Mr. Reuben Muoka, the director of Public Affairs at NCC, on Friday May 17, 2024.
NCC said the suspension is in line with its powers under the Nigerian Communications Act (NCA) 2003 to grant and renew licenses, promote fair competition, and develop the communications Industry.
It, however, noted that all pending applications for the same licences would still be considered and treated accordingly.
Explaining the rationale behind the suspension, NCC in the public notice said,
“This temporary suspension is necessary to enable the Commission to conduct a thorough review of several key areas within these categories, including the current level of competition, market saturation, and current market dynamics.
“The public is invited to note that during the suspension period commencing on 17th of May, 2024, new applications for the aforementioned licenses will not be accepted. This is without prejudice to pending applications before the Commission which will be considered on its merits.”
NCC’s database shows that 45 companies are currently licensed as VAS aggregators. The VAS Aggregator licence was introduced in 2029 to guard against rising anti-competitive practices and other unfair sharing formulas between VAS licensees and the Mobile Network Operators (MNOs). The Aggregators play the role of the middlemen between the MNOs and the VAS providers.
The MVNO licence is the newest category of license introduced by the NCC. As of the last count, 43 companies have been licensed to operate in the five tiers of the licence. However, none of them have rolled out service yet.
An MVNO is a telecommunications product and service operator that rides on top of the infrastructure capacity of a fully licensed mobile telecommunication service provider or mobile network operator (MNO).
The post NCC Suspends Issuance of MVNO, VAS and Other Licences appeared first on Tech | Business | Economy.