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News Ticker
  • [ March 17, 2023 ] Ogun projects airport as agro-processing hub News
  • [ March 17, 2023 ] Unions protest airport concession, sue minister, FAAN News
  • [ March 14, 2023 ] Foreign airlines trapped funds hit $743m News
  • [ March 14, 2023 ] FG shuts Lagos airport runway, diverts international flights News
  • [ March 13, 2023 ] US bank collapse may affect Nigerian startups – Operators News
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 […]

News

FG pledges to address airlines’ trapped forex – Minister

August 25, 2022 Oluwafemi 0

The Federal Government on Monday said it was working to fix the pending issues on the foreign exchange belonging to international airlines currently trapped in Nigeria. Minister of Information and Culture, Lai Mohammed, disclosed this […]

News

Nigerian travellers devise ways to buy cheaper tickets

August 23, 2022 Oluwafemi 0

Nigerians are beginning to devise strategies that will enable them to procure cheaper international flights, writes Funmilayo Fabunmi Nigerians are beginning to take hard decisions in order to cut costs. Some Nigerian travellers told The […]

News

Contractor to sue Osun over airport

August 23, 2022 Oluwafemi 0

The contractor handling the construction of the MKO Abiola International  Airport at Ido Osun in  Osun State, JM & AS Limited, has written the state government to demand immediate payment of N570.2m debt expended on […]

News

Aviation group knocks FG over trapped forex

August 21, 2022 Oluwafemi 0

The Aviation Safety Round Table Initiative has expressed displeasure over the way the Federal Government is handling the accumulated funds of foreign airlines in the country. In a statement issued on Friday, the ART said, […]

News

More airlines to suspend Nigerian operations

August 19, 2022 Oluwafemi 0

•British Airways informs passengers of imminent airfares’ hike More international carriers are gearing to join the Emirates Airlines which announced, on Thursday, the suspension of its flight operations in Nigeria from September 1, 2022, our […]

News

Customs’ tax waivers rise to N2.3tn

August 19, 2022 Oluwafemi 0

The Federal Government, through the Nigerian Customs Service, granted the sum of N2.29tn as Customs’ tax exemptions in 2021, a 194.65 per cent increase from the N779.74bn waivers granted in 2020. The exemptions included Value […]

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