Aviation
26 Jan
United Airlines (UAL) has reported fourth-quarter and full-year 2023 financial results, with profit margin for investors. The company delivered full-year diluted earnings per share of $7.89 and adjusted full-year...
25 Jan
The Nigerian Meteorological Agency (NiMet) has signed a memorandum of understanding with a weather intelligence company, Tomorrow.io to enhance digital weather and climate intelligence. The MoU with the leading weather intelligence company based in the US city of Boston will see NiMet and the firm collaborate on a whole range of areas including commercializing weather…
21 Jan
The Nigerian-British Chamber of Commerce (NBCC) has said that projections for Nigeria’s output growth are estimated to be between 2.6 per cent to 3.1 per cent Gross Domestic Product (GDP), while the global environment is expected to remain fragile over the next 12 months.
19 Jan
Sequel to the last intervention by the Central Bank of Nigeria (CBN), foreign airlines and travel agencies have made a fresh appeal for a structured plan to fully defray $751 million outstanding stuck fund in Nigeria.
19 Jan
The International Air Transport Association (IATA) has released data for global air cargo markets indicating the strongest year-on-year growth in roughly two years.
19 Jan
Aviation Safety Round Table Initiative (ASRTI), a think-tank group of the local air transport sector, has called for a review of the Nigerian Civil Aviation Regulations (NCARs) to separate low-cost airlines from other scheduled carriers.
5 Jan
Aviation workers have called for the exemption of agencies from the Treasury Single Account (TSA) policy and attendant remittance of 40 per cent of earnings to the Federation Account.
5 Jan
Revenue projection for the global air transport sector in 2024 has shown a mixed fortune for regions, with African carriers estimated to record loss amid 2.7 per cent net profit margin for others.
29 Dec
If 2022 was bad in numbers, 2023 turned out worse, shattering all economic projections in aviation. And for all the beautiful business plans airlines brought onboard, no operator could have seen the headwinds ahead.
17 Dec
The Vice President Africa, Qatar Airways, Hendrik du Preez, has disclosed that Africa’s share in the global travel demographics stands at only two per cent, despite the continent is roughly 17 per cent of the world’s population.
14 Dec
Minister of Aviation and Aerospace, Festus Keyamo said he would not relent on a plan to concession the five international airports, including Lagos, Abuja, Kano, Port Harcourt and Enugu.
6 hours ago
The Managing Director of Nigeria Breweries Plc, Hans Essaadi, said the fact that the naira has shown some appreciation against the dollar in recent weeks has had little or no impact on input cost.
6 hours ago
The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, said the recently-launched Tingo Cola and Tingo Electric energy drink would not only deepen local content principles and compete locally with other exportable brands but would also provide employment to hundreds of youths in the country.
6 hours ago
Despite the abundance of raw materials needed for self-sufficiency and the production of pulp and paper in the country, Nigeria is still missing out on the massive income to be made on the production, sale and export valued at $360 billion.
6 hours ago
The Chartered Institute of Taxation of Nigeria (CITN) has warned political leaders against abuse of taxpayers' money, stating that collecting tax revenue from taxpayers without using it judiciously weakens the country's taxation system.
6 hours ago
To halt the fresh panic building over the fate of the naira, the Central Bank of Nigeria (CBN) is set to disburse another tranche of liquidity intervention to 1,583 Bureau de Change operators.
6 hours ago
Oil-producing communities in Niger Delta have called for transparency and accountability in the ongoing divestment of oil and gas assets in the region.
6 hours ago
The Presidential Enabling Business Environment Council (PEBEC) in its 2023 Business Facilitation Act (BFA) has adjudged the Nigerian Content Development and Monitoring Board (NCDMB) and the Standards Organisation of Nigeria (SON) as best in business facilitation, with 29 agencies scoring below 50 per cent.
6 hours ago
Daniel Oyeduntan, a seasoned professional with about a decade of experience in data science and machine learning, is capturing the attention of the technology industry across EMEA.
6 hours ago
With a focus on maximizing production from the hydrocarbon assets to enhance revenues and meet production quota, the Nigerian National Petroleum Company Limited (NNPCL) and its joint venture partner in the Awoba Unit Field, Newcross Exploration and Production Limited, have resumed production from the field with an initial average production of 8,000 barrels per day (bpd)
6 hours ago
The Nasarawa State government said it is leveraging industrial, agricultural and mining potential for inclusive and sustainable wealth creation in a bid to drive its industrialisation agenda and position the state as an economic hub.