Business

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Stiff, Fair Competition Begins On Lagos –Accra Route

…As Dana Dares Aero, Arik, Medview Airlines …To Use In-Flight Service, Low Fare, On-Time Departure As Weapons A stiff and fair competition among four Nigerian airlines is imminent following the commencement of flight operations by Dana Air at the weekend from the international wing of the Murtala Muhammed Airport (MMA, Lagos to the Kotoka International […]


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FG Approves N407b To Pay Oil Marketers

The Federal Government yesterday approved the payment of N407.07billion as fuel subsidy to oil marketers. The approval by the Federal Government is coming as fuel queues were building up at feeling stations across the country, creating hardship for Nigerians, who go to petrol stations to queue only to come back with no fuel to buy. […]


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Dubai Int’l Passenger Volume Rises To 6.25 million In October

  Passenger traffic at Dubai International rose 4.4 per cent in October, according to a traffic report issued by operator Dubai Airports. Passenger numbers in October rose 6,250,810, compared to 5,989,007 recorded in October of last year. Speaking on the development, the Chief Executive Officer, Dubai Airport, Paul Griffiths, “Traffic continues its steady climb as […]


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SAHCOL Appoints Rizwan Kadri New COO

The Skyway Aviation Handling Company Limited (SAHCOL) has appointed Rizwan Kadri as its Chief Operating Officer (COO). Kadri, who is a Senior Aviation Ground and Airport Operations Executive and International Air Transport Association (IATA) Certified Aviation Management Professional (AvMP) brings with him substantial broad-based expertise in International Aviation Ground and Airport Operations, as well as […]


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2015 WTM Breaks Attendance Record

..Hosted 18,097 Participants Against 8,829 In 2014 The World Travel Market London 2015’s Conference and Event programme has for the first time smashed the attendance records of the 36 years old market with a total delegate of 18,097, which represent an increase of 6.2 per cent. The huge participation in the market by delegates, visitors […]


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MTN $5.2b Fine Reduced To $3.4b

Africa’s largest mobile network, MTN, has succeeded in reducing the $5.2 billion fine imposed by Nigerian authorities for failing to deactivate unregistered sim cards to $3.4 billion The Federal Government had said that it was concerned about the unregistered sim cards being used by criminal gangs, elements, kidnappers to perpetrate evil. Because of the fine, […]


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N117m Debt: Court Freezes Guarantor’s Accounts In GTB,16 Other Banks

  For allegedly refusing to pay a judgment debt estimated at about N117 million, a Lagos High Court presided over by Justice Olusola Williams has granted a garnishee order nisi attaching any money in the accounts of the guarantors of Holyview Investment International Limited in about 17 commercial banks in the country. The Garnishee is […]


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FAAN, ACI MOU Will Enhance Manpower, Says Saleh,FAAN Boss

The Managing Director of the Federal Airports Authority of Nigeria (FAAN) Engr Saleh Dunoma has said that the partnership between FAAN and the Airports Council International (ACI) will enhance skills and the performance of FAAN Airports. He said this while signing the Memorandum of Understanding between FAAN and ACI in Montreal, Canada. Dunoma explained that […]


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Airside Security Has Recorded Significant Improvement –Stakeholders

Stakeholders at a- three -day workshop to mark the Murtala Muhammed Airport)(MMA Safety Week in Lagos, said that security at airsides of Nigeria airports has recorded significance improvement over the years as evident in the near zero incidence on the runways. Speakers at the events with the theme, “Airside Safety, the Very Essence of Aviation” […]


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Drug: 16m Nigerians Use Cannabis – NDLEA

The National Drug Law Enforcement Agency (NDLEA) has disclosed that an estimated 16 million Nigerians use narcotic drugs. This was made known at the official presentation of an anti-drug abuse campaign tagged Be Smart, Don’t Start, which is jointly promoted by the agency in collaboration with the Celebrity Drug-Free Club. Chief Executive of the agency […]