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  • [ March 17, 2023 ] Ogun projects airport as agro-processing hub News
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Home2022August

Month: August 2022

News

Airlines cut workforce, Dana mulls resumption

August 30, 2022 Oluwafemi 0

Domestic airlines have continued to cut down on their workforce as the crisis in Nigeria’s aviation industry lingers, it was learnt on Monday. It was also gathered that though plans were on the way to […]

News

Experts knock CBN, blame bank over aviation crisis

August 30, 2022 Oluwafemi 0

Aviation experts have advised the Central Bank of Nigeria to allow foreign airlines access to their funds. The Federal Government of Nigeria, a few days ago, bowed to pressure from foreign airlines after a number […]

News

Firm begins 236 luxury housing project in Abuja

August 29, 2022 Oluwafemi 0

Property World Africa Network has commenced the construction of a luxury estate located in the Centenary City of the Federal Capital Territory, Abuja. PWAN’s Max Grove Estate is a 9.1 hectare cosmopolitan residence encompassing 236 […]

News

‘New Abuja smart city’ll benefit low-income earners’

August 29, 2022 Oluwafemi 0

Nigerian entrepreneur and Chairman of Cubana Group, Obi Cubana, says his partnership with Zoe New Dawn Nigeria Limited for the development of a mixed housing project in Abuja will benefit low income earners. The partnership […]

News

Expert canvasses ticket sales in dollars

August 29, 2022 Oluwafemi 0

A former Director-General of the Nigerian Civil Aviation Authority, Dr. Harold Demuren, has urged the Federal Government to allow first-class and business-class passengers to buy tickets in dollars, while passengers in economy class can pay […]

News

Aviation sector’s GDP crashes by 61% amid crisis

August 29, 2022 Oluwafemi 0

The foreign exchange and fuel crises that have plagued the aviation sector seem to have led to a decline in the sector’s contribution to the Gross Domestic Product by 61.47 per cent. The nominal GDP […]

News

Relief as CBN releases $265m to foreign airlines

August 27, 2022 Oluwafemi 0

The Central Bank of Nigeria on Friday, released $265m to airlines operating in the country, to settle outstanding ticket sales to check a brewing crisis in the country’s aviation sector. There have been serious concerns […]

News

British Airways suspends ticket sales over trapped funds

August 26, 2022 Oluwafemi 0

The United Kingdom mega carrier, British Airways, has stopped travel agents in Nigeria from selling their tickets amid the difficulty of foreign airlines to repatriate over $464m ticket sales proceeds to their respective home countries. […]

News

Trapped funds threaten our jobs – Aviation workers

August 25, 2022 Oluwafemi 0

The National Union of Air Transport Employees have said that many aviation workers could lose their jobs due to the funds belonging to foreign airlines that are trapped in Nigeria. It said the ugly situation […]

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