Connect with us

Business

Emirates Returns to Nigeria Airspace in Grand Style ▪︎ Lauds FG, Aviation Authority

Published

on

991 Views

Emirates international airline, has resumed passenger services to Lagos, Nigeria, with a daily service.

The official delegation onboard was led by Adil Al Ghaith, Senior Vice President Commercial Operations, Gulf, Middle East and Central Asia; David Broz, Senior Vice President of Aeropoliticaland Airline Industry Affairs and Sami Aqil Abdullah, Senior Vice President Emirates Airport Services Outstation and Business Support.

The official delegation from Nigeria onboard the flight included His Excellency, Festus Keyamo, Honourable Minister of Aviation and Aerospace Development of Nigeria; His Excellency, Zayyan Ibrahim, Consul General of the Federal Republic of Nigeria in Dubai and the Northern Emirates and Adewale Babtunde Awolesi Head of Chancery, Consulate General of Nigeria. 

Soon after it landed, the airline hosted an exclusive event for VIPs, government officials, key representatives from Nigeria’s Civil Aviation Authority, Federal Airports Authority of Nigeria, Customs, Police and the Airforce, as well as trade and industry partners and corporate clients.

Commenting on the return of services, Adnan Kazim, Deputy President and Chief Commercial Officer, Emirates Airline said, “This has been a long-awaited moment, and we are excited to resume operations to Lagos, helping reconnect travellers seamlessly to and through Dubai, coupled with a consistent, world-class experience onboard.

We would like to thank the Nigerian authorities, including the Federal Ministry of Aviation and Aerospace Development and the Federal Airports Authority of Nigeria, as well as the UAE authorities including His Excellency Salem Saeed Al Shamsi, Ambassador of the United Arab Emirates, Abuja, Nigeria and His Excellency Dr Abdulla Almandoos, Consulate General of the United Arab Emirates in Lagos, for their support.

“We are committed to making this route a success and look forward to contributing to the Nigerian aviation industry’s growth and offering travellers and businesses more choice and connectivity to key destination across our network.”

His Excellency, Festus Keyamo, Honourable Minister of Aviation and Aerospace Development of Nigeria said: “We are pleased to welcome Emirates back to Nigeria.

Emirates has become a global brand and Nigeria, being the most populous black nation in the world, is the sure destination for all major airlines in the world.

“So, this is a mutually beneficial relationship and we look forward to many years of seamless operations for the designated airlines of both countries to ply the route.”

EK783 departs Dubai at 0945hrs, arriving in Lagos at 1520hrs; the return flight EK784 takes off from Lagos at 1730hrs and lands in Dubai at 0510hrs the following day. The daily service has been scheduled to optimise connections to and from key points in Europe, the US, the Far East and the wider Middle East and GCC, streamlining business and leisure travel to and from Nigeria.

The Dubai-Lagos service is operated with a Boeing 777-300ER, offering eight First class suites, 42 Business class seats and 304 economy class seats, with added comforts and perks in each cabin class.

Strengthening business links between UAE and Nigeria
With the resumption of operations to Lagos, Emirates provides frictionless connectivity to one of Africa’s major economic hubs, facilitating global trade and strengthening business ties, in line with the UAE and Nigeria’s strong bilateral trade relations.

Emirates SkyCargo will support Nigerian businesses by offering more than 300 tonnes of bellyhold cargo capacity in and out of Lagos every week, into key markets such as UAE, Malaysia, Hong Kong, and Bahrain, among others.

Anticipated commodities such as Kola Nuts, food and beverages, and urgent courier material will be transported via the airline’s state-of-the-art hub in Dubai, quickly, efficiently, and reliably via the airline’s multi-vertical specialized product portfolio.

Imports into Nigeria are anticipated from key markets such as UAE, India and Hong Kong, with key commodities including a mix of general cargo, pharmaceuticals and electronics.

The Dubai-Lagos service is operated with a Boeing 777-300ER, offering eight First class suites, 42 Business class seats and 304 economy class seats, with added comforts and perks in each cabin class.

Emirates is one of only two airlines offering First Class in and out of Lagos, and offers an unrivalled experience with luxurious touches, a premium gastronomic selection of dishes and fine beverages, and one of the biggest screens in the sky, all in midst of comfort and privacy.

Offering the best experience across every class, passengers will dine on regionally inspired multi-course menus, complemented by a wide selection of premium beverages.

Customers can tune in to over 6,500 channels of global entertainment, including 23 Nigerian movies, series and other content on ice, Emirates’ award-winning inflight entertainment system.

To support travel to Dubai or onwards, Emirates will also facilitate 48 hour and 96 hour Dubai visa applications for travellers from Nigeria, an offer which is exclusive to the airline.

Celebrating the resumption of services, Emirates award-winning loyalty programme, Skywards, reinstated previous tier status levels for Skywards members to ensure continuation of earned benefits and recognition.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

CBN Urges Public, Businesses Not To Reject N100 Bank Note

The CBN strongly cautions individuals, businesses, financial institutions, and other economic agents against rejecting the standard N100 banknote. Such rejection constitutes a violation of the provisions of the CBN Act and undermines confidence in the national currency.

Published

on

By

18 Views

The Central Bank of Nigeria (CBN) has stated that the Standard N100 note is still a legal tender and must be accepted for all transactions.

The apex bank made the appeal in a statement by its Ag. Director, Corporate Communications, Mrs. Hakama Sidi-Ali, clarifying that it became necessary, following reports that some members of the public were rejecting the note.

“For the avoidance of doubt, the CBN hereby reiterates that both the commemorative N100 banknote and the standard N100 banknote remain legal tender in Nigeria and must be accepted for all transactions nationwide,” she said.

“The commemorative N100 banknote, which was introduced to mark Nigeria’s centenary, did not replace the existing standard N100 banknote.

The CBN strongly cautions individuals, businesses, financial institutions, and other economic agents against rejecting the standard N100 banknote. Such rejection constitutes a violation of the provisions of the CBN Act and undermines confidence in the national currency.

Continue Reading

Business

Naira Exchange Rates Today Thursday, July 9

Published

on

20 Views

BLACK MARKET RATES
US DOLLAR (USD) Buy ₦1, 410 Sell ₦1,415
GREAT BRITISH POUND (GBP) Buy ₦1,870 Sell: ₦1,890
EURO (EUR) Buy ₦1, 575 Sell ₦1,595
CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080
SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90
UAE DIRHAM Buy ₦350 Sell ₦370
CHINESE YUAN Buy ₦190 Sell ₦205
GHANA CEDI (GHS) Buy ₦95 Sell ₦110
WEST AFRICAN CFA Buy ₦2, 300 Sell ₦2, 400
CENTRAL AFRICAN CFA Buy ₦2,150 Sell 2,250
AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900

Official CBN Exchange Rates

US DOLLAR (USD) ₦1,379.07
GREAT BRITISH POUND (GBP) ₦1,840.64
EURO (EUR) ₦1,572.00
SWISS FRANC (CHF) ₦1,704.45
JAPANESE YEN (JPN) ₦8. 48
CHINESE YUAN (CNY) ₦202.76
WEST AFRICAN CFA (XOF) ₦2.38
WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,859. 53
SAUDI RIYAL (SAR) ₦367.24
SOUTH AFRICAN RAND (ZAR) ₦84. 08

Continue Reading

Business

JUST IN:, Naira Depreciates to N1,405/$ in Parallel Market

Published

on

24 Views

The Nigerian naira continued its recent slide against the US dollar, hitting N1,405 per dollar in the parallel (black) market amid ongoing demand pressures and supply constraints in the foreign exchange market.

According to traders and market sources, the local currency weakened from around N1,400–N1,410 levels in recent sessions, reflecting persistent challenges in the forex ecosystem. In contrast, the official Nigerian Foreign Exchange Market (NFEM) rate, managed by the Central Bank of Nigeria (CBN), stood firmer at approximately N1,368–N1,370 per dollar.

This development widens the gap between the official and parallel markets, raising concerns among analysts about liquidity, speculative activities, and the impact on importers and businesses reliant on dollar transactions.

The depreciation comes as Nigeria grapples with balancing foreign exchange inflows, including remittances and oil revenues, against high demand for imports, debt servicing, and other obligations. Market watchers attribute the pressure partly to seasonal factors and limited dollar availability at official windows, pushing more transactions toward the parallel market.

The CBN has been intervening through various measures to stabilize the naira, including boosting liquidity and tightening monetary policy. However, the parallel market remains sensitive to real-time supply and demand dynamics.

Economists warn that sustained volatility could fuel inflation and affect consumer prices, particularly for imported goods. Stakeholders are calling for stronger policy coordination to narrow the official-parallel rate disparity and restore greater confidence in the forex regime.

Further updates will depend on upcoming CBN interventions and inflows in the days ahead.

Continue Reading

Trending