Businesses
Virgin Atlantic resumes Lagos-London flights August 24
Virgin Atlantic has announced its intention to resume flights from Lagos to London Heathrow from August 24, 2020 saying the international flight will be operated on its new A350-1000 aircraft and will provide connections to a range of US destinations. The Chief Commercial Officer of Virgin Atlantic, Juha Jarvinen, made this known as the airline promised to resume flying to 16 additional destinations around the world. “As countries around the world begin to relax travel restrictions, we look forward to welcoming our customers back onboard and flying them safely to many destinations across our network. “From 20th July we will resume services to New York, Los Angeles and Hong Kong; then from 1st August onwards, we will resume passenger flying to 17 additional destinations around the world inc...
Governor Wike: Some Rivers coronavirus cases recorded in hotels
Rivers State Governor, Nyesom Wike, has stated that the State Security Council takes all decisions regarding the management of COVID-19 in the state. Wike, who stated this on Tuesday when the executive members of the Nigeria Hotel Association, Rivers State Chapter, paid him a courtesy visit, noted that all decisions taken by the state government were for the overall good and interest of Rivers people. According to him, no right-thinking government will deliberately make decisions that will negatively affect the lives of the people. “I don’t take decisions alone in the fight against COVID-19. All decisions are taken by the State Security Council and they are for the overall interest of Rivers people. “You know people applaud government decisions when it suits them but when it does not favou...
To Emerge from COVID-19 Businesses Will have to “Re-Think” Traditional Models
Sourced from Tech Loot Traditional models of business funding need a re-think if South Africa’s small businesses and entrepreneurs are to emerge from the financially crippling “winter of coronavirus” into a spring of growth and rejuvenation. Accepting that downturns, recessions and economic crises are inevitable, one needs to shift the focus into building “Zebra” companies – sustainable businesses with steady growth, strong balance sheets and cash flows, and able to withstand downturns – rather than “Unicorns that will die without the next round of funding”, says University of Stellenbosch Business School (USB) Senior Extraordinary Lecturer, Daniel Strauss. “In the past, we had a mindset of ‘or’ – we either had a traditional SMME that was funded through debt or we had a start-up that was f...
Fear of ‘One million boys’ turn landlords to night guard
Tebogo Letsie/Associated Press Perplexed after the order by President Muhammadu Buhari on a total lockdown of Lagos and Abuja amid the spread of the coronavirus pandemic, residents of Egan-Igando area of Lagos state, who had always maintained their crowd in major meeting points, had to come to skepticism on movements and trading system. Egan-Igando, an area under the Alimosho Local government of Lagos state, is a community that houses home based residents, several businesses, shops, religious organisations, market places and a district police station ; all which are filled up with people during the usual routine movement. Nearly a week into the lockdown, reports on the robbery attacks perpetrated by the ‘one million boys’ gang has gotten to community residents with every household ensuring...
