Nigeria is losing huge revenue in the tourism market as a result of its unpreparedness to play big in the market, even though it could do more to become a major player in the tourism industry. On arrival from Kenya via Lome, Togo on Monday this week, I noticed there was a small room at […]
Nigeria has the record of being the most travelled indigenous Africans while Nigerian route remains the most profitable route per passenger on the African continent. With economic downturn, coupled with stringent visa conditions introduced by many countries in Europe, Asia and the United States, many Nigerians are reviewing their travel destinations and are beginning to […]
Nigeria is targeting to export over 600, 000 tons of agricultural produce by 2026 and earn a projected revenue of about $10 billion per annum, to overtake Kenya, which is currently number one in the export of agricultural produce in Africa. In 2021 alone, Kenya exported over 300, 000 tons of coffee, tea, cut flower […]
What many African governments have found difficult doing is operating successful and profitable business. In Nigeria, the Nigeria National Shipping Line, Nigeria Airways Limited (NAL), NITEL and other businesses that were once successful eventually collapsed due to interference and corruption. Shortly before mobile phone network came to Nigeria, many technical officials of NITEL were induced […]
*Airlines in Region May Lose $6bn The International Air Transport Association (IATA) has renewed its call for government relief measures as the impacts of the COVID-19 crisis in Africa deepen. IATA said the African region’s airlines could lose $6 billion of passenger revenue compared to 2019. That is $2billion more than was expected at the […]
