Business A.M
No Result
View All Result
Tuesday, March 10, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home The business traveller & hospitality

UBA to develop aviation infrastructure, partners FAAN on terminal upgrades 

by Admin
January 21, 2026
in The business traveller & hospitality

L-R: Olubunmi Kuku, managing director, FAAN; Festus Keyamo, minister of aviation and aerospace development; and Oliver Alawuba, group managing director, United Bank for Africa (UBA) Plc, during the unveiling of the newly refurbished E-Wing departure terminal at Lagos airport on Friday

Sade Williams/Business a.m.

Oliver Alawuba, group managing director of United Bank for Africa (UBA) plc, has reaffirmed the bank’s commitment to fostering and supporting the growth and development of the aviation sector.

Speaking during the commissioning of the newly refurbished E-Wing departure terminal at the Murtala Muhammed International Airport,  Lagos on Friday, he said the organisation’s partnership with the Federal Airports Authority of Nigeria (FAAN) in its quest to develop airports infrastructure across the nation, dates back to 22 years ago, adding that in line with it the UBA group is always ready to contribute its quota to the nation’s development through the public private partnership arrangement.

“I think it’s a great day for us, we have been in this partnership for 22 years working with FAAN and improving the infrastructure. This is just an example of what public private partnership can do. You have seen that the minister is committed to improving the infrastructure and [the] government cannot do it alone, so the private sector has to come in and UBA clearly is providing that support as needed at this time. This is just the first phase, we are also going to remodel the D-Wing departure,” he said.

Festus Keyamo, minister of aviation and aerospace development, while commissioning the facility, commended FAAN for its unwavering commitment to delivering exceptional service to Nigerian travellers.

The minister praised the collaborative effort between FAAN and the United Bank for Africa, highlighting this project as part of a series of initiatives aimed at enhancing passenger comfort and entertainment within airport terminals.

“This is part of a general plan by FAAN endorsed by the Ministry, to continue to remodel all of them in partnership with private entities within our limited resources to make them more user-friendly. What we are doing here today is the commissioning of the remodelled E-Wing departure hall of Murtala Muhammed International Airport. You can see what they have done here; our concessionaires have done tremendously well, in partnership with UBA. We want to thank them so much, this is the outcome of the partnership, the new floor, a well lit departure hall,  the adverts everywhere. We are going to other wings of the airport, we are going to work on Wing-D,” he said.

Olubunmi Kuku, the managing director and chief executive of FAAN, assured aviation stakeholders of the organisation’s continued focus on improving facilities and services at airports.

She announced plans for additional investments in cooling systems, equipment upgrades, and modernising infrastructure by 2025, underscoring FAAN’s dedication to ensuring that Nigerians take pride in their airport facilities.

Through these ongoing efforts, FAAN aims to create a positive and enjoyable airport experience for all passengers and stakeholders.

“I do want to say that our passenger traffic remains strong. But there may be some economic realities that are affecting global nations but within Nigeria, we are expanding our facilities and planning for the future hence the use of terminal two. We are using terminal D right now, we are moving passengers in here to decongest and look at the arrival time and slot to make effective use of the capacity of the terminal as well as the timing of flights arriving and landing,” she said.

Four environmentally friendly CNG-powered air-conditioned buses were also introduced to improve passenger mobility within the airport premises.

Admin
Admin
Previous Post

Crypto hacks hit $2.2B in 2024

Next Post

Kuku’s one year on FAAN’s saddle: The man for the job!

Next Post

Kuku’s one year on FAAN’s saddle: The man for the job!

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Oil climbs as drone attacks slash Kurdistan output 

Oil falls as Trump signals possible end to Middle East war

March 10, 2026
Angel investors driving Africa’s startup resilience amid global headwinds

African startups secure $272m in February, led by debt, equity mega-rounds

March 10, 2026
FCMB lifts half-year profit 23% as digital revenues and asset yields strengthen

FCMB beats recapitalisation deadline with N509bn capital base

March 10, 2026
Global growth slips to 2.6% as risks mount in 2026 – Coface

Global growth slips to 2.6% as risks mount in 2026 – Coface

March 10, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Elumelu leads corporate mourning after UBA staff die in Afriland Towers fire

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Oil climbs as drone attacks slash Kurdistan output 

Oil falls as Trump signals possible end to Middle East war

March 10, 2026
Angel investors driving Africa’s startup resilience amid global headwinds

African startups secure $272m in February, led by debt, equity mega-rounds

March 10, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M