Aviation
19 Jul 2023
In response to recent allegations made against Octavus Petroleum Limited concerning the supply of contaminated aviation fuel to Max Air, the company's General Manager, Mr. Peter Dia, has categorically denied these claims, stating that they are unfounded and ill-intentioned. Mr. Dia, in a statement made available to The Guardian, asserted that Octavus stands by the…
18 Jul 2023
The pending court hearing notwithstanding, Asset Management Corporation of Nigeria (AMCON) has hinted on plans to withdraw from ownership and operations of embattled Arik Air.
17 Jul 2023
Chairman of Air Peace Airlines, Dr. Allen Onyema said members of the Montreal Olympics team and the 1980 Green Eagles would get 12 return tickets each every year to travel within the country for their lifetime....
14 Jul 2023
On March 12, 2023, the Crown Prince of Saudi Arabia, Mohammed bin Salman, officially announced the establishment of Riyadh Air, the second national flag bearer of the country.
14 Jul 2023
Aviation professionals have called for an overhaul of the current aviation development plan to accommodate and revolve growth around local airlines.
5 Jul 2023
The Federal Government has said the Wachakal airstrip, Nguru, Yobe State, is 85 per cent completed. The Permanent Secretary of the Ministry of Aviation, Dr. Emmanuel Meribole, stated this during a test flight on the airstrip recently.
5 Jul 2023
Merchant Express Cargo Limited has pushed back on the alleged fraudulent sale of CRJ 1000 aircraft that was earlier in the operation of Arik Air.The firm described as untrue the allegation by Arik Air stakeholders that fingered one of the Agents ...
5 Jul 2023
Coalition of aviation unions has urged the current administration to review the Finance Act 2022, which mandates the remittance of 40 per cent of financial accruals of agencies to the Federal Government.
30 Jun 2023
Drivepadi, a leading car rental and peer-to-peer sharing platform, is excited to announce its official launch in Lagos.
23 Jun 2023
About 15 months after its official opening, the new terminal at Murtala Muhammed International Airport (MMIA) is still largely deserted. As at the last check by The Guardian, only six airlines – all African carriers – currently occupy the edifice built...
23 Jun 2023
The International Air Transport Association (IATA) has launched the Collaborative Aviation Safety Improvement Programme (CASIP) to reduce accident and serious incident rates across Africa as part of the Focus Africa initiative.
1 day ago
The Lagos Chamber of Commerce and Industry (LCCI) is deeply worried about the various economic headwinds confronting the stability of the Nigerian economy.
1 day ago
The World Bank Group and the African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030.
1 day ago
Trading activities on the floor of Nigerian Exchange Limited (NGX) halted gains to close on a downturn yesterday, causing market capitalisation to decline by N35 billion.
1 day ago
Worried by the dwindling oil production and the need to drive investments in the nation’s oil and gas sector, the Federal Government, through the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has underscored the imperative of ramping up production as a pivotal strategy to ensure stability in the midstream and downstream sectors of the industry.
1 day ago
The Nigeria Customs Service (NCS) Tin Can Island Port (TCIP) command has reported a 95.3 per cent increase in non-oil exports in the first quarter of 2024, compared to the same period last year.
1 day ago
Access Pensions has emphasised its commitment to offering thorough guidance and assistance to customers interested in Pension Backed Mortgages (PBMs).
1 day ago
To further address the energy inefficiency in the country, the Chief Executive Officer, Stanbic IBTC Holding Plc, Dr. Demola Sogunle, said N350 billion fund has been raised to support customers in the energy sector.
1 day ago
Amid geo-political tension marked by uncertainty, volatility, and disruptive forces, the Chartered Institute of Directors Nigeria (CIoD) has tasked directors on effective leadership, noting that their roles as leaders assume even greater significance in turbulent times.
2 days 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.
2 days 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.