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December 2, 2021 BREAKING: Emirates Restores Services To Nigeria 9 Months After

BREAKING: Emirates Restores Services To Nigeria 9 Months After

Emirates will resume its passenger operations between Dubai and Nigeria from 5 December 2021, the United Arab Emirates (UAE) carrier said this morning.

This is coming nine months after the carrier suspended flights to Nigeria following a diplomatic row between the two countries over COVID-19 protocols.

It would be recalled that in the wake of the restart of flight operations after the COVID-19 lockdown, the airline on the instruction of UAE authorities introduced a rapid antigen test in addition to the negative PCR test approved by the Nigerian government.

The government kicked against this and on this basis, flight operations stopped between the two countries.

However, the issue was recently resolved paving the way for the resumption of a direct flight between the two countries.

Emirates, the world’s largest international airline, said it will operate to and from its Nigerian gateways with daily flights, providing travellers from Nigeria convenient access to Dubai, which remains a highly popular holiday and business destination.

It said it would also enable travellers to safely connect via Dubai to the Emirates network of over 120 global destinations.

Emirates said it will operate to Abuja with EK 785 and 786. EK 785 will depart Dubai at 1100hrs, arriving in Abuja at 1540hrs.

The return flight, EK 786 will take off from Abuja at 1900, arriving in Dubai at 0435hrs the next day.

Emirates flight EK 783 to Lagos will depart Dubai at 1030hrs, arriving in Lagos at 1540hrs. The return flight EK 784 will depart Lagos at 1810hrs, arriving in Dubai at 0415hrs the next day.

Throughout the pandemic, Emirates stated that it has been helping its customers travel safely and confidently, implementing industry-leading health and safety measures at every point of the travel journey, helping communities reconnect faster and facilitating economic recovery.

The airline has also been working hard to provide up to date, comprehensive travel information to its customers, as well as speeding up processes on the ground through digital verification for COVID-19 via the IATA Travel Pass, as well as touchless check-in and biometrics processing.

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November 2, 2021 EFCC Interrogates Obi Cubana For Money Laundering, Tax Fraud

EFCC Interrogates Obi Cubana For Money Laundering, Tax Fraud

The Economic and Financial Crimes Commission (EFCC) has quizzed   Nigerian billionaire, Obinna Iyiegbu a.k.a. Obi Cubana.

The famous socialite and entrepreneur is being probed for alleged money laundering and tax fraud.

Obi Cubana got to the EFCC headquarters in Jabi Abuja around noon on Monday.

In July, Obi Cubana dominated social media after the burial of his mother in AforUzo, Oba town in Anambra State.

Ex-leader of the Inspector-General’s Intelligence Response Team (IRT), Abba Kyari, was at the high-octane party. Kyari later described the club owner as a “good friend”.

October 25, 2021 President Buhari Launches Enaira Says It Will Help Increase Tax Base Of The Country

President Buhari Launches Enaira Says It Will Help Increase Tax Base Of The Country

President Muhammadu Buhari has formally launched the eNaira platform at a short ceremony in Abuja.

The President at the launch says eNaira will help move people and businesses, from the informal into the formal sector, thereby increasing the tax base of the country.

He also said eNaira would cater for businesses and households seeking faster and cheaper means of payment instead of “private currencies” that have gained popularity and acceptance across the world, including Nigeria.

The eNaira is a culmination of several years of research work by the Central Bank of Nigeria, in advancing the boundaries of payments system in order to make financial transactions easier and seamless for every stratum of society.

The launch was described by CBN Governor, Godwin Emefiele, as the first in Africa and one of the earliest around the world.

He said the President has made history with the launch of the eNaira platform at a time there has been continuing debate on the true value of the Naira.

Emefiele said eNaira has taken off with over N500m of the currency minted so far.

The eNaira was scheduled to be launched on October 1, 2021, but was moved due to a clog of activities, billed for Nigeria’s 61st anniversary celebrations.

The Digital Currency has two applications – eNaira speed wallet and eNaira merchant wallet, which were launched on the Google Playstore and Apple Store.

In an interview, FinTech Expert, Ayowande Adalemo said the eNaira though a form of digital currency is different from crypto currency.

 

August 31, 2021 We’re Borrowing Responsibly Says Minister of Finance

We’re Borrowing Responsibly Says Minister of Finance

Minister of Finance, Budget and National Planning, Zainab Ahmed has said there is no cause to worry over government borrowing to finance budget deficits.

Speaking at a press conference in Abuja, Miss Ahmed assured Nigerians that the federal government is borrowing responsibly and investing in infrastructure.

According to her, the second quarter 2021 Gross Domestic Product is the strongest real GDP growth the country has recorded since the fourth quarter of 2014.

 

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