Transcorp Hotels shareholders authorize board to raise N10bn through Rights Issue

Lagos, Nigeria – Shareholders of Transcorp Hotels Plc, owners of the iconic Transcorp Hilton Abuja and Transcorp Hotels Calabar, have unanimously authorised the Board of Directors to raise N10 billion in its proposed Rights Issue to fortify its balance sheet.  The approval given at the Extraordinary General Meeting of the Company, which took place on Monday, […]

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Flight Resumption: Passengers, crew to undergo COVID-19 tests before boarding

Passengers and aircrew members may be required to undertake COVID-19 tests before they board planes when flight operations resume. This directive is contained in the Nigeria Economic Sustainability Plan (NESP) prepared by the Economic Sustainability Committee chaired by Vice-President Yemi Osinbajo. According to the plan, COVID-19 tests for all passengers and crew will be free […]

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Delta airline loses 10 employees to COVID-19 as 500 others test positive

10 employees of Atlanta-based Delta Airlines have died of coronavirus (COVID-19), while 500 others have tested positive. Ed Bastian, chief executive officer of the airline, confirmed the spread of the disease among its employees during the company’s annual shareholder meeting. “We lost 10 employees to the coronavirus; every one of them breaks my heart,” he said. “Among […]

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Commonwealth Sec.-Gen. urges peaceful, credible and inclusive elections in Malawi

Commonwealth Secretary-General, The Rt Hon Patricia Scotland QC, urges all electoral and political stakeholders in Malawi to play their part in contributing to a peaceful and credible presidential election in Malawi on 23 June 2020. The Secretary-General said: “Malawi’s democracy, stability and development hinge upon the credibility of the forthcoming Presidential election. I encourage all […]

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