Saturday, October 18, 2025
25.6 C
Lagos

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Emirates SkyCargo Bolsters Connectivity between Europe, Global Network

Emirates SkyCargo, the cargo arm of the world’s largest international airline, has bolstered freighter connectivity between European destinations and key points on its vast global network.

Building on its geographic advantages, headquartered in the centre of the world, Emirates SkyCargo serves as a vital bridge between East and West, facilitating the flow of trade quickly, efficiently and reliably.

Emirates SkyCargo plans to deploy an additional two weekly charter freighters enhancing the connectivity between Milan and Southeast China, via Dubai, starting Q3 2025. Anticipated commodities from Milan, include fashion and pharmaceuticals, as well as general cargo.

The current weekly freighter connecting Dubai World Central (DWC), Maastricht Aachen Airport (MST) and Zaragoza Airport (ZAZ), will now receive an additional stop in Beirut (BEY) before returning to Dubai, enhancing connectivity to the Levant.

Serving as a feeder gateway to and from Western European markets, Maastricht is one of the region’s busiest cargo hubs, particularly for general cargo and pharmaceuticals, both of which Emirates SkyCargo expects to transport to Beirut in large volumes.

Likewise, Zaragoza Airport boasts excellent road and rail connectivity with Spain’s main economic and industrial, and handles significant volumes of fashion and apparel, which will now move to Beirut more directly.

Badr Abbas, Divisional Senior Vice President, Emirates SkyCargo said, “Harnessing the power and connectivity of Emirates’ global network, a fleet over 260 passenger and freighter aircraft, and a multi-vertical portfolio of specialist logistics solutions, we have the scale and flexibility to keep trade flowing, even in the face of market instability.

“As we receive our new Boeing 777 freighters, we are deploying them quickly and strategically to serve the unwavering demand across our network. Whether by layering on frequencies or adding new route stops, we will continue to evolve our operations, schedule and network in line with global trade patterns, to ensure we provide an unbeatable service to our customers.”

Emirates SkyCargo freighters serve more destinations in Europe than any other region on its vast global network, including two cargo-only destinations, and is complemented by passenger operations to 40 destinations. The high-frequency flight scheduled, comprising 45 freighter flights and 545 passenger flights every week, ensures that goods from Europe move seamlessly and at speed across the globe.

In the last financial year, Emirates SkyCargo uplifted an average of 6,900 tonnes from Europe every week, strengthening international trade lanes with the movement of pharmaceuticals from Denmark and Belgium, perishables such as fresh salmon from Norway and whisky from Glasgow, valuables from Geneva, automotive shipments from Frankfurt and, of course, general cargo from every destination. 43% of the volume was transported to the UAE and Middle East, and a further 32% was carried to the Far East and Australasia, highlighting Emirates SkyCargo’s vital role as a bridge between European manufacturers, traders and exporters with businesses all over the world.

Hot this week

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Stanbic IBTC Bank, LOXEA BYD forge alliance for Electric Vehicle Financing

In a strategic move to advance Nigeria’s shift toward...

CBN, Bank of Angola Sign MoU on Technical Co-operation at IMF/World Bank Meeting

In an effort to enhance bilateral cooperation and technical...

NBS: Nigeria’s Inflation Falls to 18.02% in September, Lowest Level in Three Years

Nigeria’s headline inflation rate fell for the sixth consecutive...

NUPEMCO Marks 2025 CSW with Nationwide Pension Awareness Activities, Huawei-Supported National Essay competition

The Nigerian University Pension Management Company (NUPEMCO) celebrated the...

Topics

NSIA Insurance Completes Phases1, 2 of Govt Senior College, VI School Project

As part of its unwavering commitment to corporate responsibility...

Interswitch Emerges Most Efficient Payment Processor in Nigeria

Interswitch Limited, Africa's leading digital payments and commerce provider...

Buhari Confirms Sunday Thomas as Commissioner for Insurance

  Mr. Sunday Thomas Commissioner for Insurance/CEO National Insurance Commission (NAICOM)  President Muhammadu...

Market Statistics: Wednesday, 11th October 2017

Market Cap (N'bn)              12,616.5 Market...

New UN, UNDP Resident Representative, Samoura, Promises Full Support to Nigeria

United Nations (UN) Resident Co-ordinator and United Nations Development...

NSE Unveils Tuface as Brand Ambassador

L – R: Bola Adeeko, Head, Shared Services Division,...

Nigeria Scores High on Enforceability of Standard Agreement-ABSA Report

Nigeria, Ghana and South Africa top 20 other African...
Exit mobile version