TAG: AVIATION NEWS

The FAAN-Air Peace drama explains why foreign investors are still on the run

The FAAN-Air Peace drama explains why foreign investors are still on the run

Late last week, an Air Peace flight scheduled to take off at from the Akanu Ibiam International Airport, Enugu to the Murtala Muhammed International...


Shareholders want to take Arik back as plans to settle its N160 billion debt is underway

Shareholders want to take Arik back as plans to settle its N160 billion debt is underway

Shareholders of Arik Air seem to be planning a revival of the company’s fortunes as they seek to regain control from Asset Management Corporation...


Reports suggest Ethiopia Air may soon run Arik

Reports suggest Ethiopia Air may soon run Arik

Reports from Nigeria’s local newspaper, Thisday suggest Ethiopian Airlines is in advanced negotiations with the Asset Management Company of Nigeria to take over nationalised...



What OAS helicopters stands to gain by partnering Abu Dhabi Aviation

What OAS helicopters stands to gain by partnering Abu Dhabi Aviation

After a two year period of discussions, OAS helicopters has finally signed a partnership agreement with Abu Dhabi Aviation (ADA). The partnership will be...


Top 5 stocks in Nigeria based on YTD return; how they made it

Top 5 stocks in Nigeria based on YTD return; how they made it

The Nigerian stock market has been on a roll since the introduction of the forex window for investors and exporters back in April this...


[The Nigerian Economy Today 31/5/2017] – FG partners May & Baker Plc to produce vaccines locally with 49 percent equity

[The Nigerian Economy Today 31/5/2017] – FG partners May & Baker Plc to produce vaccines locally with 49 percent equity

Summary of the top business, economic & political news in Nigeria today.   The 10 oil producing states in the country received N22.64 billion...


Blow by blow account of the Stella Oduah vs Sterling Bank $16.4 million debt saga

Blow by blow account of the Stella Oduah vs Sterling Bank $16.4 million debt saga

An event-by event...


An independent assessment of Nigeria’s Ease of Doing Business activities by @yomitheprof

An independent assessment of Nigeria’s Ease of Doing Business activities by @yomitheprof

On campus students have several strategies for academic success. For subjects that are easy to read, understand and pass, they may approach the examination...


The Nigerian Economy Today 29/5/2017 – MTN Nigeria gets N221 million waiver from Kano State

The Nigerian Economy Today 29/5/2017 – MTN Nigeria gets N221 million waiver from Kano State

Summary of the top business, economic and political news in Nigeria.   The Federal Government has threatened to shut some land borders if the...


The Nigerian Economy Today 26/5/2017 – AMCON says it’s close to selling Peugeot car assembly plant to Dangote

The Nigerian Economy Today 26/5/2017 – AMCON says it’s close to selling Peugeot car assembly plant to Dangote

Summary of the top business, economic and political news in Nigeria.   The Central Bank of Nigeria (CBN) has said its Anchor Borrowers Programme...


[The Nigerian Economy Daily] FG has approved the closure of five foreign missions and embassies

[The Nigerian Economy Daily] FG has approved the closure of five foreign missions and embassies

A daily compilation of business and economic news from...


Kachikwu tells BBC he may step down in 2019 if refineries don’t work

Kachikwu tells BBC he may step down in 2019 if refineries don’t work

Nairametrics| Minister of state for petroleum, Ibe Kachikwu has promised to step down from his post if Nigeria does not achieve self sufficiency in...


Full Excerpt of the Executive Order on Ease of Doing Business

Full Excerpt of the Executive Order on Ease of Doing Business

The Acting President of Nigeria, Professor Yemi Osinbajo on Thursday signed three executive orders which is expected to significantly change some of the ways government...


Medview Airlines says EU ban is not total

Medview Airlines says EU ban is not total

Nairametrics In a statement issued yesterday on its twitter handle, Medview airlines says its EU operations are operating as scheduled as the ban is a...


EU Bans Medview Airlines from flying into Europe

EU Bans Medview Airlines from flying into Europe

Nairametrics|The European Commission yesterday banned several airlines from flying into European airspace. Several airlines were banned including a Nigerian carrier, Medview Airlines. Here are...


The Senate claims these 38 govt. agencies are spending carte blanche

The Senate claims these 38 govt. agencies are spending carte blanche

Then who...


Forex forwards sold by the CBN since July 2016

Forex forwards sold by the CBN since July 2016

Nairametrics| The Central Bank of Nigeria has so far sold a total of $5,747.76 in Forex forwards since June 2016, when it introduced the...


The Nigerian Economy Today 15/5/2017 – Smile Network appoints new CEO

The Nigerian Economy Today 15/5/2017 – Smile Network appoints new CEO

Summary of the top business, economic and political news in Nigeria Today.   The Association of Housing Corporations of Nigeria and the Central Bank...


Weekly News Roundup (May 13, 2017): Faro Water rakes in N4 billion in revenue for 2016

Weekly News Roundup (May 13, 2017): Faro Water rakes in N4 billion in revenue for 2016

This is Nairametrics recap of some of the top company/industry stories that were in the news for the week ended May 13, 2017. MMA...


The Nigerian Economy Today 11/5/2017

The Nigerian Economy Today 11/5/2017

Summary of the top buisness, economic and political news in Nigeria.   The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has...


The Nigerian Economy Today 9/5/2017

The Nigerian Economy Today 9/5/2017

Summary of the top business, economic and political news in Nigeria   NAIRAMETRICS BUSINESS & ECONOMY Niger, Benin Republic pay $159.8m for power in...


The Nigerian Economy Today 8/5/2017

The Nigerian Economy Today 8/5/2017

Summary of the top business, economic and political news in Nigeria.   NAIRAMETRICS BUSINESS & ECONOMY Flash: May 2017 FGN Savings Bond offered at...


Whistle-Blowers Guide To The $43.6 million EFCC Drama (Updated May 6th, 2017)

Whistle-Blowers Guide To The $43.6 million EFCC Drama (Updated May 6th, 2017)

All the action, as it...


Govt. approves N1.5 billion to initiate National Carrier project 

Govt. approves N1.5 billion to initiate National Carrier project 

The APC led government has stepped up efforts to launch its national airline. Nigeria’s Minister for State for Aviation Hadi Sirika said a group...


Medview Spends  N2.6 billion on aviation fuel in 3 months 

Medview Spends  N2.6 billion on aviation fuel in 3 months 

Medview Airlines has reported that its operating expenses rose by a whopping 57.9% in the first quarter of 2017. The only airline listed on...


Why Private Equity Firms Are Interested In Nigerian Aviation

Why Private Equity Firms Are Interested In Nigerian Aviation

Nairametrics| Finance minister, Kemi Adeosun on a recent trip to Washington stated that some private equity investors, were interested in taking over Arik and Aerocontractors....


This Timeline Shows All EFCC Recoveries Since October 2016 And Their Worth

This Timeline Shows All EFCC Recoveries Since October 2016 And Their Worth

Over N250 billion and...


The Nigerian Economy Today 18/4/2017

The Nigerian Economy Today 18/4/2017

Summary of the top business, economic and political news in Nigeria   NAIRAMETRICS BUSINESS & ECONOMY CBN denies knowledge of Ikoyi loot – The...


The Nigerian Economy Today 17/4/2017

The Nigerian Economy Today 17/4/2017

Summary of top business, economic and political news in Nigeria.   NAIRAMETRICS BUSINESS & ECONOMY Skepticism and 3 Other Reasons Food Prices are still...


What Nigerian Companies Were Up to Last Week By @Ugodre

What Nigerian Companies Were Up to Last Week By @Ugodre

Nairametrics| Roundup of Company News from Nigeria for the week ended April 8, 2017. 1. Access Bank is in the final year of its...