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British Airways close down inventory on Nigerian flights over held revenue

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British Airways

British Airways close down inventory on Nigerian flights over held revenue

British Airways

British Airways has closed its inventory on its Nigerian operations, a move incidents on the failure of the airline to repatriate funds from ticket sales out of Nigeria.

The National Association of Nigeria Travel Agencies, NANTA, revealed the development on Friday while trying to allay fears on a possible shutdown of operations by the British carrier.

 

 

 

“As members may be aware that British Airways closed inventory this morning, please be informed that this inventory closure is a necessary action taken by British Airways to mitigate increase of their trapped funds,” a communique by NANTA partly read.

“However, British Airways provides reassurance that it is still flying in and out of Nigeria and is currently seeking earnest solutions to address the demands of its customers,” it added.

 

 

 

 

 

 

NANTA said that it had received assurance from the airline after a crucial business meeting that it would continue operations in the meantime while it pushes to convince the Nigerian authorities to release its trapped earnings. However, British Airways would no longer be selling new tickets until the situation is resolved.

The association also said that the airline’s decision was taken to reduce the growth of its trapped funds in Nigeria.

 

 

 

 

The development comes barely a week after Emirates Airlines announced that it will be suspending flight operations in Nigeria from September 1 after several failed attempts by the foreign airline to recover $85 million of its over $600 million trapped in Nigeria.

The International Air Transport Association (IATA) had earlier voiced reservations about the Federal Government of Nigeria’s decision to prevent international airlines from remitting ticket sales proceeds of $450 million (N188.6 billion) into their home nations.

 

 

 

 

The IATA urged the Buhari regime to prioritise the release of the funds before more damage is done, noting that the failure to do so will affect Nigeria’s access to its services.

Nigeria’s decision to withhold the airlines’ earnings follows restrictions on access to foreign currency imposed on investors seeking to repatriate profits as the country faces a severe dollar shortage.

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Infrastructure Upgrade: Zenith Bank Apologizes for Disruptions, Assures Customers on Improved Services

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ZENITH BANK MAINTAINS LEADING POSITION IN PROFITABILITY AS PBT SOARS TO N727 BILLION IN H1 2024 RESULT

 

Infrastructure Upgrade: Zenith Bank Apologizes for Disruptions, Assures Customers on Improved Services

 

 

 

Nigeria’s leading financial institution, Zenith Bank, has reassured its customers of improved services following recent infrastructure upgrades.

In a message posted on Thursday, the bank apologised for the service disruptions experienced across its e-channels during the upgrade period.

The bank clarified that the glitches were a result of routine information and technology maintenance, which is essential for optimizing service delivery.

Zenith Bank emphasized its commitment to ensuring 100% uptime, stating that it takes this responsibility “very personally” and continuously allocates resources to maintain uninterrupted service availability.

In the statement, the bank expressed its sincere apologies for any inconvenience caused to customers during the upgrade process, highlighting that the information technology enhancements are designed to improve the quality of service for its esteemed clientele.

The message reads in part:

Dear Valued Customer,

We sincerely apologise for the service disruptions you experienced recently on our banking channels. This was due to an information Technology upgrade aimed at improving the quality of service we provide.

We have made significant progress with the upgrade and you can now perform transactions conveniently with the following Zenith bank Channels:

Your Zenith Bank Debit Card
The Zenith Bank Mobile App
The Zenith bank Internet Banking Platform
Zenith Agents nationwide (Agent Banking)

You can also visit any of our branches nationwide to perform your transactions

Please direct all enquiries to Zenith Direct on +234 201 278 7000,
0700ZENITHBANK, 0904 085 7000 Or via email at [email protected]

Thank you for banking with us

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FANAFILLIT sets to Unite hearts and transform lives with GLOWFUX 2024

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FANAFILLIT sets to Unite hearts and transform lives with GLOWFUX 2024

FANAFILLIT sets to Unite hearts and transform lives with GLOWFUX 2024

 

 

Fanafillit Integrated Concepts, the visionary force behind the annual GLOWFUX Charity Concert, has revealed its ambitious plans for the 2024 edition. Slated for December, this year’s event aims to gather compassionate Nigerians for a powerful and heartwarming initiative, designed to bring joy to the lives of special children. The event promises not only world-class entertainment but also a deeply moving experience for all attendees.

 

 

In an official statement, Miss Rebecca Olaniyan, the Coordinator for the 2024 GLOWFUX Charity Concert, announced the theme: “UNITING HEARTS, TRANSFORMING LIVES.” This theme encapsulates the core purpose of the event—fostering unity through acts of love and compassion, resulting in profound and lasting change for both individuals and communities. “This theme underscores the concert’s mission of creating connections that inspire growth and empowerment,” Miss Olaniyan explained, as the concert continues its tradition of supporting children in orphanages and special needs homes.

The 2024 edition introduces a thrilling new twist with a change of venue to the historic National Museum, Onikan, Lagos. According to Mr. Olubode Mac Oserinde, initiator of the GLOWFUX Charity Concert and Team Lead at FANAFILLIT, this change is designed to offer guests an even richer experience. “With this year’s edition at the National Museum, GLOWFUX Charity Concert is set to elevate the event experience,” he noted. “The museum’s serene and culturally significant environment will add a new dimension to the event, ensuring that it not only entertains but also educates and enriches our guests.”

One of the key highlights of this year’s concert is the lineup of extraordinary young talents, aged between 7 and 16, who are poised to mesmerize the audience. Gospel sensation Feranmi Golden Angel, dynamic entertainer Vanessa Jones, proverb maestro Chief Adigun Olowe, and dexterious saxophonist Dom Sax will lead the entertainment. Their youthful exuberance and remarkable skills are sure to inspire both the children and adults in attendance, offering a unique perspective on how young minds can make a powerful impact.

Kicking off the day, the GLOWFUX Carpet session will run from 11:00 a.m. to 1:00 p.m., offering guests a glamorous and engaging introduction to the event. The main concert will then follow from 1:00 p.m. to 6:30 p.m., ensuring a day full of joy, laughter, and heartwarming moments.

This year’s concert will also feature the traditional induction of new GLOWFUX Young Ambassadors, a momentous occasion where young advocates are recognized for their commitment to making a difference. Additionally, the GLOWFUX Hall of Charity Awards will honor outstanding contributions to the community, with awards in the categories of GLOWFUX Man of the Year, GLOWFUX Woman of the Year, GLOWFUX NGO of the Year, and GLOWFUX Socially Responsible Corporate Brand of the Year.

 

FANAFILLIT sets to Unite hearts and transform lives with GLOWFUX 2024

In a significant addition to the program, attendees can look forward to an enriching motivational talk on the power of giving with love. The concert organizers are currently in discussions with Rotarian Femi Adenekan, Governor of Rotary District 9112, to deliver this insightful keynote address, which will further emphasize the concert’s message of generosity and kindness.

As always, the GLOWFUX Charity Concert is open to the public, inviting individuals to celebrate with the special children, who are treated as VIP guests. Attendees are encouraged to bring gift items for the children and to join in the spirit of giving.

The entertainment lineup for the day is brimming with excitement, with performances from talented young stars and appearances by Hilary Jackson and his Dance Group. First Class Comedy will provide comic relief, ensuring that the audience is treated to both inspiration and laughter. The event will be hosted by the dynamic duo of Princephelar and MC Luwy, while popular child-skitmaker Akorede is expected to make a special appearance as a celebrity guest.

The GLOWFUX Charity Concert is open to the public, inviting individuals to celebrate alongside the special children treated as VIP guests with complimentary food, drinks, and entertainment for everyone. Attendees are encouraged to bring gift items for the children and join in the spirit of giving. Guests can register at https://donate-ng.com/campaign/glowfux-2024 to secure their spot at this memorable event.

The 2024 GLOWFUX Charity Concert is supported by notable brands, including Elegushi Royal Stool, iCare Foundation, Courteville Solutions PLC, Seniors Wellbeing Foundation, Hands Lifting Hearts Initiatives, Danone, Seven-Up Bottling Company, Primero Transport Ltd, Fidson Healthcare, Beloxxi Biscuits, AkModel Properties, Corsican Brothers, KingsMead Group of Schools, MALENS Diagnostics, Headway Events, DJ MAPS Productions, Epee Tech Solutions, SIFAX group, and 3Zs Fabrics.

Media support will come from an array of respected outlets, including AIT, Global Excellence magazine, theeagleonline.com.ng, KRAKS TV, newspop.com, theelitesng.com, freedomonline.com.ng, PULSE NG, saharaweeklyng.com, thegazellenews.com, pmexpressng.com, freelanews.com, thecitypulsenews.com, societyreporters.com, theimpactnewspaper.com, thestatusng.blogspot.com, mockinbird.com.ng, omonaijablog.com.ng and others. This comprehensive media coverage ensures that the concert will reach a broad audience, amplifying its impact.

For those looking to contribute, the GLOWFUX Charity Concert offers numerous avenues for participation, partnership, and sponsorship.

For all inquiries related to participation, partnership, or sponsorship, please contact:
– 07085755549
– 07032312815
– 09159712472

To support this noble cause, donations can be made to:
Account Name: GLOWFUX Concert
Account Number: 8554972016
Bank: FCMB

GLOWFUX Charity Concert: Giving happily to live happily.

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SIGNING CEREMONY OF THE STRATEGIC COOPERATION AGREEMENT BETWEEN DANGOTE INDUSTRIES LIMITED AND CHINA NATIONAL BUILDING MATERIALS GROUP CO. LIMITED

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SIGNING CEREMONY OF THE STRATEGIC COOPERATION AGREEMENT BETWEEN DANGOTE INDUSTRIES LIMITED AND CHINA NATIONAL BUILDING MATERIALS GROUP CO. LIMITED

SIGNING CEREMONY OF THE STRATEGIC COOPERATION AGREEMENT BETWEEN DANGOTE INDUSTRIES LIMITED AND CHINA NATIONAL BUILDING MATERIALS GROUP CO. LIMITED (CNBM) IN LAGOS ON WEDNESDAY, OCTOBER 2, 2024.

 

SIGNING CEREMONY OF THE STRATEGIC COOPERATION AGREEMENT BETWEEN DANGOTE INDUSTRIES LIMITED AND CHINA NATIONAL BUILDING MATERIALS GROUP CO. LIMITED

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