Aviation
8 Dec
Aviation Safety Round Table Initiative (ASRTI), a think-tank group of the local sector, yesterday, bemoaned the protracted era of multiple charges in the air transport sector.
8 Dec
Murtala Muhammed Airport terminal II (MMA2) is a classic case of the self-contradictions inherent in local business enterprises.
1 Dec
Cross River State and Aero Contractors have deepened partnership, leading to the reopening of the Lagos-Calabar route and prospects of additional aircraft to the fleet.
1 Dec
Virgin Atlantic this week recorded a milestone, operating the first transatlantic jetliner powered by Sustainable Aviation Fuel (SAF) made from cooking oil.
1 Dec
Fresh facts from the flight dispatchers have indicated pilot error and breach of aviation rules in the controversial diversion of United Nigeria Airlines’ Abuja-bound flight in Asaba last Sunday.
28 Nov
The Nigerian Civil Aviation Authority (NCAA), yesterday, waded into the operations of the United Nigeria Airlines (UNA), following incidents that raised concerns on the integrity of its flight services.
24 Nov
The International Air Transport Association (IATA) has once again bemoaned airlines’ trapped funds in African countries, currently estimated at $1.68 billion.
24 Nov
Despite inflation and memories of past holiday travel meltdowns, no fewer than 55.4 million people are expected to hit airports and highways in the United States alone, in what has been dubbed the world busiest week in recent time.
17 Nov
Caverton Helicopters, an aviation firm engaged in contract charters, shuttles and maintenance of fixed and rotary wings aircraft has acquired a new helicopter for offshore operations in Cameroon. The helicopter, Bell 429 is the first of its kind to operate in West Africa in the oil and gas market. Bell Textron Inc., a Textron Inc.…
16 Nov
The Nigeria National Petroleum Company Limited (NNPCL) said currency volatility remains a major obstacle to investment, stressing that exchange rate fluctuation casts uncertainty over potential returns.
10 Nov
Sustainable Aviation Fuel (SAF) programme recorded a new milestone recently when Garuda Indonesia made a successful commercial flight on jet engines that are powered by palm oil blended fuel.
9 Nov
The Federal Government has signed a memorandum of understanding with Algeria for the commencement of direct flights between the two countries.The Minister of Aviation and Aerospace Development, Festus Keyamo, while receiving the Algeria delegation yesterday in Abuja...
8 hours ago
A foreign investor at TLG Capitals, Isaac Marshall, has attributed the naira gain to the decision of the Central Bank of Nigeria (CBN) to clear the FX backlog. Nigeria's foreign exchange (FX) reserves have fallen to a six-year low, Marshall said in a statement on his LinkedIn account on Thursday. He stated that this decline…
14 hours ago
Stakeholders in the insurance and pension industry have called on operators in the sectors to adopt artificial intelligence (AI) to drive business expansion in the country.
14 hours ago
Though it does not have the power to regulate prices, the Federal Competition and Consumer Protection Commission (FCCPC) will deploy an existing legal framework to enforce fair competition and consumer protection provisions to achieve fair prices of commodities.
14 hours ago
Inflation in Nigeria is reaching its peak now and will decelerate toward the middle of the year, Director-General of the Budget Office of the Federation, Ben Akabueze, has said.
14 hours ago
Nigerian Breweries (NB) Plc has disclosed that the proposed N600 billion recapitalisation scheme by way of rights issue would settle N153 billion outstanding foreign exchange (FX) losses and part of its local bank debt facility.
14 hours ago
The International Renewable Energy Agency (IRENA) is seeking a new approach to energy security amidst geopolitical concerns and a push from fossil fuels.
14 hours ago
The Chartered Institute of Bankers of Nigeria (CIBN) 2024 yearly lecture, slated to take place on April 23, at the Civic Center, Victoria Island, Lagos, has its theme as "Improving Availability of Credit in the Nigerian Real Economy: The Critical Importance of Liquidity."
14 hours ago
The International Agro Original Equipment Manufacturers (OEM) has called for the exemption of all agriculture equipment from all forms of taxes, import duties, Value Added Tax and other levies for at least two years to enable Nigeria to become self-sufficient in food production.
14 hours ago
The Organised Private Sector (OPSN), comprising top Business Membership Organisations (BMOs), has warned that over 65 per cent of private businesses, especially manufacturing concerns and SMEs, may be forced to close down due to the over 200 per cent hike in electricity tariff. The BMOs, comprising the Manufacturers Association of Nigeria (MAN), National Association of…
14 hours ago
Wema Bank has launched an anti-fraud campaign to protect its customers and other Nigerians against fraudulent activities perpetrated by some wallet accounts and fintech partners.