Business
Emirates Returns to Nigeria Airspace in Grand Style ▪︎ Lauds FG, Aviation Authority
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.
Business
Exchange Rates Today Friday, 12 June
Black Market Rates
US Dollar (USD) ₦1,397
Great British Pound (GBP) ₦1,850
Official CBN Exchange Rates
US Dollar (USD) ₦1,363. 83
Great British Pound (GBP) ₦1,821. 25
EURO (EUR) ₦1,572. 90
SWISS FRANC (CHF) ₦1,706. 49
JAPANESE YEN (JPN) ₦8.50
CHINESE YUAN (CNY) ₦201.20
West African CFA (XOF) ₦2.40
West African Unit Account (WAUA) ₦1,857. 45
SAUDI RIYAL (SAR) ₦363. 29
SOUTH AFRICAN RAND (ZAR) ₦82.61
Black Market Rates
US Dollar (USD) Buy ₦1,397 Sell ₦1,405
Great British Pound (GBP) Buy ₦1,850 Sell: ₦1,870
EURO (EUR) Buy ₦1,587 Sell ₦1, 607
Canadian Dollar (CAD) Buy ₦1,030 Sell ₦1,100
South African Rand (ZAR) Buy ₦75 Sell ₦90
UAE Dirham Buy ₦350 Sell ₦370
Chinese Yuan Buy ₦180 Sell ₦200
Ghana Cedi (GHS) Buy ₦95 Sell ₦110
West African CFA Buy ₦2, 380 Sell ₦2, 460
Central African CFA Buy ₦2, 220 Sell 2,300
Australian Dollar Buy ₦800 Sell ₦900
Business
Airtel launches data calculator to counter depletion complaints
Commenting on the significance of the launch, Dinesh Balsingh, Chief Executive Officer, Airtel Nigeria, said that the company remains focused on building a network and customer experience ecosystem anchored on trust, transparency and continuous improvement.
Airtel Nigeria has launched the Airtel Web Data Calculator, a new digital tool designed to help customers estimate and better understand their internet data consumption based on real-life usage patterns.
Available through Airtel’s website, the calculator enables customers to estimate data usage across common digital activities such as video streaming, social media engagement, voice and video calls, and everyday web browsing.
Speaking on the launch, Oladokun Oye, Customer Experience Director, Airtel Nigeria, said that the initiative reflects Airtel’s commitment to customer empowerment and service transparency.
“As Nigerians become increasingly dependent on digital services for work, education, entertainment and communication, it is important that customers have clear visibility into how their data is consumed.
The Airtel Web Data Calculator was developed to help our customers understand their usage patterns better, make informed choices, and enjoy greater confidence in their digital experience,” he said.
Commenting on the significance of the launch, Dinesh Balsingh, Chief Executive Officer, Airtel Nigeria, said the company remains focused on building a network and customer experience ecosystem anchored on trust, transparency and continuous improvement.
“The future of telecommunications will be defined not only by network investments but also by how effectively operators help customers understand and manage their digital lives. The Airtel Web Data Calculator represents a practical innovation that places more information and control directly in the hands of our customers.” He said.
Business
Kingsley Moghalu chairs Bluecode Africa subsidiary in Nigeria
Moghalu served as Deputy Governor of the Central Bank of Nigeria from 2009 to 2014, heading the Financial System Stability and Operations Directorates at different periods.
Bluecode Africa, the European payments infrastructure operator backed by leading US and European institutional investors, has named Prof Kingsley Chiedu Moghalu as Chairman of the Advisory Board of its Nigerian subsidiary, Bluecode Payments Nigeria Limited as the company formally enters the Nigerian market.
The appointment was jointly announced by Chris Pirkner, Founder of Bluecode, and Odin Krismayr, Managing Director of Bluecode Africa, who described it as a foundational governance decision for the company’s Nigerian and continental operations.
Moghalu served as Deputy Governor of the Central Bank of Nigeria from 2009 to 2014, heading the Financial System Stability and Operations Directorates at different periods.
He led the team that introduced the unique-identifier Bank Verification Number (BVN), enrolling 50 million banking users, simplifying Know Your Customer (KYC) procedures, and doubled Nigeria’s financial inclusion rate from 33 to 60 per cent.
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