Business
Trailblazing Pilot Theresa Claiborne Retires After 34 Years Of Service
In a historic milestone, Captain Theresa Claiborne, the first African American female pilot in the United States Air Force, has retired from United Airlines after an illustrious 34-year career. Her remarkable journey has left an indelible mark on the aviation industry, inspiring generations of women and minorities to pursue their dreams.
Theresa’s pioneering spirit began in 1982 when she became the first Black female pilot in the US Air Force, commissioned as a second lieutenant. She served with distinction, accumulating over 3,000 military flight hours as a command pilot and instructor for the Boeing KC-135 Stratotanker.
Her military career spanned 20 years, including 13 years in the Reserves, where she rose to the rank of lieutenant colonel. In 1990, Theresa joined United Airlines as a first officer, steadily ascending the ranks to captain. Her dedication and expertise earned her a spot in the Organization of Black Aerospace Professionals Hall of Fame in 2017.
Alongside her achievements in aviation, Theresa co-founded Sisters of the Skies in 2016, a non-profit organization dedicated to promoting diversity in aviation through mentorship, scholarships, and workshops.
Theresa’s final flight with United Airlines, which spanned 34 years of service, took her from Lisbon, Portugal, to Newark Liberty International Airport. Throughout her career, she accumulated an impressive 23,000 flight hours, solidifying her position as a trailblazer in the aviation industry.
In an interview with ABC 7 NY, Theresa reflected on her legacy, “Oh, I guess maybe I did make an impact, and that’s important because when you put your heart and soul into something, and it turns out that people appreciated it, and people listened, and got something out of it, it makes it all the better.”
Captain Theresa Claiborne’s remarkable journey serves as a testament to her unwavering dedication, perseverance, and passion for aviation. Her retirement marks the end of an era, but her legacy will continue to inspire and empower future generations of pilots and aviation enthusiasts.
Business
Nigerian Banks’ Upgrade Chaos: A Call for Customer-Centric Solutions
Nigerian banks’ rush to upgrade their core banking systems has caused confusion and frustration for many customers. With banks upgrading to more secure software, the lack of communication and customer support has left millions unable to access their funds, sparking questions about the bank’s commitment to customer welfare.
Dr. Uju Ogubunka, President of Bank Customers Association of Nigeria (BCAN), emphasized the severe impact of these disruptions, stressing the need for better communication and customer preparedness during such transitions. Banks must strike a balance between technological upgrades and customer service to retain trust, especially in an economy facing devaluation pressures.
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Business
Echoes Of Unfulfilled Promises In Nigeria’s Journey
As Nigeria commemorates its 64th Independence anniversary, the stark contrast between celebration and the persistent challenges of corruption, mismanagement, and unfulfilled promises becomes evident.
The editorial revisits historical attempts at reform, such as the Independent Corrupt Practices Commission’s (ICPC) prosecutions and the House of Representatives’ inquiry into the unfulfilled $14.5 million aircraft repair contract. Many of these initiatives have faded from public memory, leaving questions about accountability unresolved.
High-profile corruption cases, including the Halliburton scandal involving alleged bribes of $180 million, highlight systemic failures within the political landscape.
The editorial emphasizes the need for collective action from citizens, civil society, and the media to demand transparency and accountability. It warns that without addressing these entrenched failures, Nigeria’s path toward democracy and good governance may continue to be fraught with unfulfilled promises.
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Business
Global Competition Claims Scotland’s Oldest Refinery: Grangemouth To Close In 2025
In a significant blow to Scotland’s energy sector, the 100-year-old Grangemouth refinery is set to close in 2025, citing its inability to compete with modern plants in Africa, Asia, and the Middle East. The refinery’s operator, Petroineos, announced the closure, which will result in the loss of 400 jobs.
Located in Scotland, Grangemouth refinery has been in operation since 1924, making it the country’s oldest and only refinery. However, despite its rich history, the refinery has struggled to remain competitive in the face of mounting global competition. Petroineos, a joint venture between PetroChina Internation al London (PCIL) and INEOS Group, a British chemicals firm founded by billionaire Sir Jim Ratcliffe, has invested $1.2 billion in the refinery since 2011.
However, the company has incurred significant losses, totalling over $775 million during the same period. According to Petroineos, the refinery is currently losing around $500,000 per day and expects a $200 million loss in 2024.
The company’s Chief Executive, Frank Demay, stated that the market for petrol and diesel fuels is expected to shrink further due to the upcoming ban on new petrol and diesel cars within the next decade. “Grangemouth is increasingly unable to compete with bigger, more modern and efficient sites in the Middle East, Asia and Africa.
Due to its size and configuration, Grangemouth incurs high levels of capital expenditure each year just to maintain its licence to operate,” Demay explained. The closure of Grangemouth refinery marks a significant shift in the global oil refining landscape, with modern and efficient plants in Africa, Asia, and the Middle East gaining a competitive edge. The Dangote Refinery in Nigeria, one of the largest refineries in Africa, may have contributed to the decline of Grangemouth refinery.
The refinery will be converted into a fuel import terminal, ensuring Scotland’s energy needs are still met. However, the closure raises concerns about the country’s energy security and the impact on local communities.
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