Africa Covid19 

COVID-19: Nigerian govt finally approves resumption of domestic flights

The Federal Government has approved the safe resumption of domestic flights across the country nationwide in the next phase of the gradual easing of lockdown ordered to curb further spread of COVID-19. It also lifted the ban on interstate movement with effect from July 1. The Secretary to the Government of the Federation, SGF, Boss Mustapha, disclosed this on Monday during the daily media chat of the Presidential Taskforce on COVID-19 in Abuja. Mustapha, who is the Chairman of the taskforce, said: “Maintaining the current phase of the national response,…

Read More
Africa Covid19 Financial Services 

Nigeria likely to go into severe recession due to COVID-19, Oil price crash

The World Bank made this known in a statement in Abuja on Thursday as part of its latest Nigeria Development Update (NDU). The bank said the report indicated that Nigeria in Times of COVID-19: Laying Foundations for a Strong Recovery, estimated that the country’s economy would likely contract by 3.2 per cent in 2020. It stated that this projection assumed that the spread of COVID-19 in Nigeria would be contained by the third quarter of 2020. It however noted that If the spread of the virus became more severe, the…

Read More
Africa Startups 

Founder Institute Lagos Opens Application For Cohort III

Creator Institute is supporting a lot more startups to launch new companies throughout Nigeria and the rest of Africa. Stanbic IBTC Creator Institute Lagos which released in the fourth Quarter of 2018 has given that then, produced over 40 companies through its very first 2 cohorts. Now, FI is set to get and examine applications for its 3rd mate. Founder Institute is the world’s largest pre-seed start-up accelerator which is based in Silicon Valley with chapters throughout 65 countries. In Nigeria, FI currently has chapters in Lagos and Abuja, and…

Read More
Aerospace Africa Covid19 

Nigeria: Set to Reopen Airports, Nigeria’s FAAN Compares Notes With Munich Airport

The Nigerian government has begun plans to reopen its airports for domestic and international travels. Against this background, the Federal Airports Authority of Nigeria (FAAN) said it held a skype meeting with Munich Airport International to share experiences and compare notes on the effects of the COVID19 lockdown on the airports. The meeting which was at the instance of the Managing Director of FAAN, Rabiu Yadudu, had in attendance the Munich Airport Expert Team, Herbert Keffel, Georgios Elkolids and Julian Duerdoth. It was also coordinated by Fortune Idu, Managing Director…

Read More
Startups 

Nigerian startup Launched To Help Brands Connect With Drivers In Traffic Jams

Nigerian start-up Wrapyt has actually introduced its cars and truck marketing solution that helps brands reach and engage with countless geographically-targeted audiences within cities. Launched in February, Wrapyt has partnered with around 1,000 high-mileage personal vehicle owners and e-hailing motorists who want to have their vehicles covered in adverts for a charge. Its online platform links brands with these chauffeurs, while its internal GPS innovation assists it track each motorist in a live project, produce a “geo-fence” around a particular project area, and generate data such as total miles covered…

Read More