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Stanbic IBTC Bank Partners SAA On e-Ticket

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Stanbic IBTC Bank, a member of the Standard Bank group, has partnered South African Airways (SAA) to launch an e-ticketing solution in Nigeria with a view to reducing cost to travelers and enhancing efficiency in air travel.

The platform, called ‘SAA Flexipay’, is an electronic ticketing solution built on Stanbic IBTC’s robust collection platform called collectplus. It entails – seamless process in which a customer can conveniently purchase a ticket and step into the plane, eliminating the queues and other logistical road blocks that typically accompany this activity.

The Standard Bank group, to which Stanbic IBTC belongs, has been offering electronic banking to its clients in South Africa and other countries in Africa for over 20 years. In south Africa, Standard Bank.

Bank has been voted by clients as the leader in electronic banking for the last 18 years. Stanbic IBTC brought this expertise to Nigeria through the launch of its online banking channel, called New Business online, in Lagos and Abuja.

Mrs Sola David-Borha, the Deputy CEO, Stanbic IBTC, said ‘the introduction of this e-tickting channel fits into Stanbic IBTC’s strategic focus of strengthening its universal banking franchise”.

He identified convenience and ease as major benefits to be derived from the solution as the customer will enjoy greater peace of mind guaranteed by the elimination of ticket collection and faster and automated check-in online or at airport stations.

SAA Flexipay is an internet based e-ticketing solution designed for agents and individuals for making payment for ticketing via Stanbic IBTC branches nationwide or through the Stanbic IBTC web. After the payment is made, the South African Airways staff are immediately alerted via email and they can log on to the SAA Flexipay to verify details of the payer, how much was paid, where payment took place, and the passenger name record (PNR). The ticket is released after confirmation and is sent to the agent or individual that made the payment. SAA Flexipay is powered by State-of-the-art technology and adheres to the highest levels of user friendliness.         According to the South African Airways Country Manager, Mrs. Thobi Duma, the product was designed with our esteemed customers in mind, so has to create a convenient and smooth travel flow process irrespective of when and where they are making the reservations and payments from. South African Airways recently increased its frequency from four to daily flights.

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USTR Criticises Nigeria’s Import Ban On Agriculture, Others

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The United States Trade Representative (USTR) has criticised Nigeria’s import ban on 25 categories of goods, claiming that the restrictions limit market access for American exporters.
This is the effect of President Donald Trump’s tariffs introduction on goods entering the United States, with Nigeria facing a 14 per cent duty.
The USTR highlighted the impact of Nigeria’s import ban on various sectors, particularly agriculture, pharmaceuticals, beverages, and consumer goods.
The restrictions affect items such as beef, pork, poultry, fruit juices, medicaments, and alcoholic beverages, which the United States sees as significant barriers to trade.
The agency argues that these limitations reduce export opportunities for United States businesses and lead to lost revenue.
“Nigeria’s import ban on 25 different product categories impacts United States exporters, particularly in agriculture, pharmaceuticals, beverages, and consumer goods.
“Restrictions on items like beef, pork, poultry, fruit juices, medicaments, and spirits limit United States market access and reduce export opportunities.
“These policies create significant trade barriers that lead to lost revenue for United States businesses looking to expand in the Nigerian market”, the agency said .
In 2016, Nigeria implemented the ban on these 25 items as part of efforts to control imports and stimulate local production.
Some of the banned items include poultry, pork, refined vegetable oil, sugar, cocoa products, spaghetti, beer, and certain medicines.
On March 26, 2025, the  Federal Government also announced plans to halt solar panel imports to encourage local manufacturing as part of its push for clean energy.

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Expert Seeks Cooperative-Driven Investments In Agriculture 

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A leading agribusiness strategist and digital agriculture expert, Ayo Oluwa Okediji, has sought cooperative-driven investments in sustaining growth of poultry industry in Nigeria.
He said the poultry industry was at a defining moment and requires urgent structural reforms to secure its future and ensure long-term sustainability.
Speaking on the theme, “Strengthening Poultry Farming Through Cooperative Synergy and Strategic Investments”, at the recently concluded Oyo Mega Poultry Workshop 2025 in Ibadan, Okediji called on poultry farmers, cooperative leaders, financial institutions and policy makers to rethink the existing structure of the poultry sector.
He stressed the need to transition from fragmented, individually-driven operations to well-structured, cooperative-led enterprises capable of attracting sustainable financing and securing long-term viability.
He said, “Our poultry sector cannot thrive on individual effort alone. We need to organise ourselves into cooperative clusters, build strong governance systems and position ourselves to attract the level of investment needed to sustain this industry beyond this generation.”
Drawing on lessons from successful global cooperative models such as Rabobank in the Netherlands and Landus Cooperative in the United States, Okediji introduced the FarmClusters Poultry Model, a locally adapted solution developed by Agribusiness Dynamics Technology Limited (AgDyna), a subsidiary of AgroInfoTech Africa.
According to him, the model is currently being piloted in Oyo State in partnership with PANOY Agribusiness Limited and local poultry cooperatives.

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NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers

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The Rivers State Representative of the Nigeria Chambers of Commerce, Mines, Industries and Agriculture (NACCIMA), Mr. Erasmus Chukwundah, has urged palm oil farmers to consider hybrid seedlings for planting, if they must break even in palm oil business.
Chukwundah said this recently at the Free Oil Palm Business Climate Smart Best Management Practice/Assistance Training organized by Partnership Initiative In Niger Delta (PIND) for Palm Oil Farmers in Elele, Ikwerre Local Government Area.
The Rivers representative said until palm oil farmers begin to consider such hybrid oil palm seedlings, they may not meet up with the daily increasing demand of palm oil in the market.
According to him, the seedlings produce up to 30 bunches at once that ripen same time.
He said PIND decided to partner with Oil Palm Growers Association of Nigeria (OPGAN) to ensure that the message was received by the targeted audience.
According to him, palm oil remained a popular choice of industry operators as it could be converted to many other products such as vegetable cooking oil.
He also noted that products such as motor tyers, marine ropes and others are now gotten from the palm tree.
Chukwundah, who is the immediate past Director-General of Port Harcourt Chamber of Commerce, Mines, Industries, and Agriculture (PHCCIMA), further warned against use of unrecommended fertilisers in growing oil palms.
He noted that such practices could limit its export value or chances as the foreign marketers have a way of detecting such .
He reiterated the need for organic fertilizers, including poultry droppings, to enable them have a natural palm oil.
“People must reduce physical contact with palm oil production. That is why we are campaigning for hydrolic oil mills. The foreign markets are no longer interested in crude method of palm oil production”, he said.
Meanwhile, one of the farmers, Sonny Didia, who appreciated Chukwundah’s commitment towards the concern of farmers, appealed for an urgent need for loan opportunity with low interest rate in order to enable them beat the target.

King Onunwor

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