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HomeAuthorsOluwafemi

Articles by Oluwafemi

News

External reserves lose $1.2bn amid rising dollar demand

October 22, 2022 Oluwafemi 0

The country’s external reserves have dropped by $1.16bn in five weeks, figures obtained from the Central Bank of Nigeria have shown. An analysis of the movement of the foreign reserves on the CBN website on […]

News

ValueJet plans new air travel model

October 21, 2022 Oluwafemi 0

A new carrier, ValueJet says it is set to begin commercial operations in October 2022 to reinvent air travel in the country.  The Chairman, ValueJet, Adekunle Soname, stated that the company’s business model was aimed […]

News

Domestic airlines reject Nigeria, Ethiopia partnership

October 21, 2022 Oluwafemi 0

Domestic airlines under the aegis of the Air Operators of Nigeria have expressed concerns over the proposed partnership between the Federal Government and Ethiopian Airlines to form a national carrier scheduled to begin operations by […]

News

FG budgets N30bn for Nigeria Air, new projects

October 19, 2022 Oluwafemi 0

The Federal Government has earmarked the sum of N29.87bn as working capital for the proposed national carrier – Nigeria Air, and for 46 new projects in the aviation sector. An analysis of the 2023 budget […]

News

Lagos govt plans development projects through PPP

October 19, 2022 Oluwafemi 0

The Special Adviser to the Governor on Public-Private Partnerships, Mr Ope George, has said Lagos State Government will ensure projects funded through Public Private Partnerships are profitable. He said this during a press briefing on […]

News

Rising lending rate stifling private sector productivity – Entrepreneur

October 19, 2022 Oluwafemi 0

The Director of Strategy and Trade Relations, African Young Entrepreneurs, Mr Olubunmi Olowudare, in this interview with ANOZIE EGOLE, speaks on Nigeria’s economic challenges and expectations in the coming year The World Bank says the […]

News

NAMA to upgrade TRACON, others with N36bn

October 19, 2022 Oluwafemi 0

The Nigerian Airspace Management Agency, during an interactive session with journalists in Lagos, unveiled plans to upgrade major facilities with a running cost of N23bn. It said the fund was for the upgrade of the […]

News

Hike in airfares inevitable, experts say

October 19, 2022 Oluwafemi 0

Despite the Central Bank of Nigeria’s move to disburse $265m in trapped funds belonging foreign airlines, the carriers have shut down their global distribution services in Nigeria. Based on this, aviation experts are of the […]

News

Buhari backs Nigeria Air, Osinbajo lament FX woes

October 18, 2022 Oluwafemi 0

The President, Major General Muhammadu Buhari (retd.), has said that going by the lineup of completed and ongoing infrastructure projects executed in the past seven years, his regime has met the yearnings and aspirations of […]

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