Aviation
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FAAN gives reason for relocating headquarters to Lagos
The Federal Airports Authority of Nigeria (FAAN) on Thursday, January 18, gave reasons for the relocation of its headquarters to…
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Foreign airlines, agencies in fresh push for release of $751m stuck fund
Sequel to the last intervention by the Central Bank of Nigeria (CBN), foreign airlines and travel agencies have made a…
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$800m Unremitted Revenue: Foreign airlines slam CBN’s $61m cash disbursement, threaten to withdraw services
Foreign airlines operating in Nigeria have expressed dissatisfaction with the initial $61 million payment made by the Federal government to…
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Foreign airlines to exit Nigeria soon over trapped $700million, Association warns
Despite the recent release of $61.64 million to foreign airlines in Nigeria by the Central Bank of Nigeria (CBN), there…
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CBN disburses $61m to foreign airlines to clear foreign exchange backlog
The Central Bank of Nigeria (CBN) has disbursed $61.64 million to foreign airlines through various Deposit Money Banks (DMBs). …
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Owners of abandoned aircraft ignore FG’s ultimatum
Owners of abandoned aircraft littering the various airports across the country have continued to ignore the 90 days ultimatum issued…
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BREAKING: FG sacks directors hours after removal of aviation agency heads
Less than 24 hours after sacking all heads of aviation agencies, the federal government has relieved all the directors of…
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One-way local flight hits N200,000 ahead of festive travels
Airfare hurdles await domestic travellers this festive season as local airlines have again doubled airfares on high-traffic seasonal routes. …
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Trapped Revenue: Some foreign airlines may quit Nigeria, IATA warns FG
The International Air Transport Association has warned the Central Bank of Nigeria that some foreign airlines may be forced to…
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FAAN bans ‘Ghana Must Go’ bags from all Nigerian airports with immediate effect
The Federal Airports Authority of Nigeria (FAAN), has placed a ban on the use of ‘Ghana Must Go’ bags by…
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