N19bn: We're are not defrauding govt - Airline operators responds to NCAA

N19bn: We’re not defrauding govt – Airline operators responds to NCAA

Airline operators in Nigeria under the umbrella of Airline Operators of Nigeria (AON) have replied the Nigeria Civil Aviation Authority (NCAA) over allegations that...
CBN intervention saves Nigeria $5bn loss to foreign airlines exit

CBN intervention saves Nigeria $5bn loss to foreign airlines exit

By AYOOLA OLAOLUWANigeria's aviation industry and allied sectors like the hospitality and tourism sectors are facing imminent collapse as more foreign carriers are preparing...
JUST IN: Emirates suspends flights to Nigeria over trapped funds

FG engages CBN, others over $600m blocked foreign airlines funds

The federal government says it is currently engaging the Central Bank of Nigeria (CBN) and other relevant authorities to ensure over $600 million of...

Trapped airlines funds: FG moves to resolve crisis, engages CBN, others

The Federal Government is currently engaging relevant authorities to ensure over $600 million of trapped foreign airlines’ funds are released. The relevant authorities include airlines...
CBN intervention saves Nigeria $5bn loss to foreign airlines exit

Forex scarcity: Foreign airlines adopt tougher measures to stay afloat

BY EMEKA EJEREAs the dollar scarcity continues to worsen, foreign airlines operating in Nigeria are facing increasing difficulty in repatriating billions of naira in...
Aviation crisis: Travel agencies shut down offices, retrench staff

NCAA begins audit of 8 airlines over safety, financial health concerns

AircraftThe Nigerian Civil Aviation Authority (NCAA) is currently conducting economic and financial audits on eight domestic airlines in the country.Director-General (NCAA), Musa Nuhu,...
Flour Mills of Nigeria reports N721b revenue

Flour Mills set to complete Mandatory Tender Offer to shareholders of Honeywell Flour Mills

Adebayo ObajemuFlour Mills of Nigeria Plc said it has notified the Nigerian Exchange Limited that it has obtained the approval of the Securities &...
Three airlines face imminent collapse

Three airlines face imminent collapse

By AYOOLA OLAOLUWALocal airlines operating in the country are presently facing uncertain future over harsh economic environment weighing down their operations, Business Hallmark can...
MKO Abiola International Airport: Osun, NAF partner to build Africa's first, largest aviation city

MKO Abiola International Airport: Osun, NAF partner to build Africa’s first, largest aviation city

Osun State government has partnered Nigerian Air Force to build Africa's first and largest aviation city in Ido-Osun.The initiative, according to the government has...
Yobe North senatorial ticket: Appeal Court affirms Machina as APC candidate

Yobe North senatorial ticket: Appeal Court affirms Machina as APC candidate

The Appeal Court in Abuja has affirmed Bashir Sheriff Machina as the authentic All Progressives Congress (APC) candidate for Yobe North Senatorial District.The...