The African Export-Import Bank (Afreximbank) plans to support Nigerian airlines with 25 aircraft via a leasing subsidiary, using dry lease financing to boost their competitiveness.
It has been revealed that Nigeria and African countries will need at least 54,000 technical personnel from various aviation fields by 2042.
Over the years, Aviation has been a bridge for the connectivity of markets, businesses, and investments. It has spurred tourism across the world, contributing effectively to GDPs for many nations.
Aviation workers in Nigeria, represented by the National Union of Air Transport Employees (NUATE), have announced the suspension of their planned strike set to commence on August 16.
The African Airlines Association (AFRAA) has estimated a revenue loss of $3.5 billion by the end of full-year 2022
Kalabash, a new entrant into the rapidly expanding BNPL fintech space, has unveiled Pay Small Small™, a product...
Airline operators are yet to receive the needed encouragement from the FG on how the remaining over $300 million trapped funds would be repatriated from the country.
The CBN will not grant any concession to the airline operators because it would amount to giving subsidy to aviation operators.
Nigeria, Africa’s most populous country with a population estimated at over 200 million is a logical destination for...
The Minister cited companies including Bi-Courtney Limited, which he said owes the sum of N13 billion and has not paid taxes in 13 years.
Out of the N22 billion that was approved, N5 billion was released and that was shared among airlines, ground handling companies and Airport Taxis.
The average fare paid by Nigerian commuters for a bus journey within the city spiked by 72.6% year-on-year in April 2021
