Monday, December 15, 2025
26.4 C
Lagos

Business

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

The Nigerian Institute of Public Relations (NIPR) has once...

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

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

OPENING REMARKS BY THE CHAIRMAN, NIGERIAN EXCHANGE GROUP (NGX)...

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

Insurance

Heirs Insurance Travel Festival Draws Thousands, Signals a New Era for Inclusive Travel Ecosystem for Africans

L-R: Ifesinachi Okpagu, Chief Marketing Officer, Heirs Insurance Group;...

Kayode Kolade, 51, Wins Inaugural Heirs Insurance Retirement Dream Competition

L–R: Patrick Okorie, Regional Head, South, Heirs General Insurance;...

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

Business

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

The Nigerian Institute of Public Relations (NIPR) has once...

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

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

OPENING REMARKS BY THE CHAIRMAN, NIGERIAN EXCHANGE GROUP (NGX)...

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

Insurance

Heirs Insurance Travel Festival Draws Thousands, Signals a New Era for Inclusive Travel Ecosystem for Africans

L-R: Ifesinachi Okpagu, Chief Marketing Officer, Heirs Insurance Group;...

Kayode Kolade, 51, Wins Inaugural Heirs Insurance Retirement Dream Competition

L–R: Patrick Okorie, Regional Head, South, Heirs General Insurance;...

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

IATA to Africa: Adopt Global Carbon Emissions Standard

The International Air Transport Association (IATA) is urging African governments to support the adoption of a global offsetting scheme for carbon emissions at the 39th tri-annual Assembly of the UN’s International Civil Aviation Organisation (ICAO) in Montreal later this year.

IATA’s call comes seven months ahead of the ICAO summit where governments from 191 Member States will meet to agree on matters which set the worldwide policy on aviation for the upcoming triennium. Top of the agenda will be the proposed adoption of a global offsetting scheme for international aviation. Achieving agreement on this will be essential if the aviation sector is to meet its goal of carbon neutral growth from 2020 (CNG2020) which was adopted at the 37th ICAO Assembly in 2010.

The alternative is an increasing patchwork of taxes, charges and regulations, implemented nationally and regionally, that will restrict the value air transport can bring to the world.

Michael Gill, Director Aviation Environment said: “The industry has taken impressive steps to reduce CO2 emissions, with representatives from airlines, airports, air traffic management and manufacturing all playing their part. New technologies have been developed, alternative fuels have proved themselves to be a viable option and more efficient operating procedures are being established. Collaboratively the industry has exceeded its annual goal of a 1.5% increase in fuel efficiency. Additionally, significant steps have been made towards achieving the industry’s two further environmental goals, stabilising net emissions by 2020 and cutting emissions by 2050 to half of what they were in 2005.”

“Positive progress has been made but now the time has come for aviation to call on leadership from governments if we are to find a common solution to meet the goal of CNG2020. Only through the agreement of a global offsetting scheme will it be possible to establish a framework for aviation that is fair, transparent, practical and cost effective. That is why we are urging nations to agree on a global offsetting scheme at this year’s ICAO Assembly. We really wish to ensure that the momentum created by the recent ICAO agreement for a CO2 efficiency standard for commercial aircraft is not lost. A positive outcome at ICAO will support the sustainable future of aviation.”

IATA is holding a series of regional workshops across the globe to help raise awareness for the need for a market-based-measure in the lead up to the ICAO Assembly in September.

A number of these meetings in Africa started off with the first in Lagos on March 10 and Nairobi on March 11. In parallel ICAO is hosting a series of Global Aviation Dialogues (GLADs) on market-based-measures to address climate change in five regions including one in Dakar, Senegal on March 23-24.

Aviation has taken a proactive approach to reducing its climate impact and is committed to working to fulfil its ambitious climate change objectives. Air transport currently supports over 58 million jobs and $2.4 trillion in global GDP.

The industry is forecast to support 103 million jobs and $5.8 trillion in GDP by 2032. Having a global framework in place to achieve the industry’s environmental goals is essential to the sustainable growth of the industry.

Hot this week

Diesel Supply Disruptions: Quality of Service Challenges in Abuja

The Nigerian Communications Commission (NCC) is aware of the...

FG to Empower Businesses with N1.4tn in 2026 via Tax Reform

Mr. Taiwo Oyedele, Chairman of the Presidential Committee on...

NCC Promises Seamless Quality of Service Despite Challenges in Abuja

The Nigerian Communications Commission (NCC) acknowledges the Quality of...

Stanbic IBTC FUZE Festival Returns with The Ultimate Show on Saturday, Dec 20

Stanbic IBTC, a member of Standard Bank Group, has...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

Topics

Report: 1.3bn 5G Mobile Connections by 2026

As the use of smartphones and tablets on 4G...

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

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

Rivers Tops 2024 Fiscal Performance Ranking of States in Nigeria

BudgIT, a prime civic-tech organisation leading the advocacy for...

UBA Grows Earnings by 40% to N1.37tn in Half Year, Declares Interim Dividend of N2.00

Africa’s Global Bank, United Bank for Africa (UBA) Plc...

Phase3: ‘Best Fibre Optic Infrastructure Service Provider’

Phase3, west Africa's leading end-to-end fibre network infrastructure and...

Red Star Express Appoints New EDs, MDs for Subsidiaries

In its bid to offer more comprehensive logistics solutions...

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

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

GE, Bresson Plan 500MW Power Project in Nigeria

General Electric will support Bresson AS in providing Nigeria...
Exit mobile version