Air Peace to commence flight to PH Jan.18
Nigerian carrier, Air Peace, has announced plans to commence daily flights into the Nigerian Air Force (NAF) Base in Port Harcourt, Rivers, on Jan. 18. The Corporate Communications Manager of…
Zimbabwe Plans To Dump US Dollars
Zimbabwe will introduce a new currency in the next 12 months, the country’s Finance Minister said, as a shortage of U.S. dollars plunges the financial system into disarray, forcing businesses…
Mixed Feelings Trail Green Africa Airways’ Foray In Airline Biz
The aviation industry in Africa and by extension the entire world was regaled recently with news of a whooping deal to buy 100 Boeing 737 MAX 8 aircraft by a…
Controversy Trails N8.5bn Earmarked For Suspended National Carrier
An aviation expert, Dr. Gabriel Olowo, has criticised , the federal government for earmarking N8.5billion for the suspended national carrier project, Nigeria Air in the 2019 budget proposal to the…
Naira Loses Marginally Against Dollar At Investors’ Window
It exchanged at N363.58, weaker than N363.54 traded on Tuesday. Investors settled for 228.8million dollars at the close of trading at the investors’ window. At the official Central Bank of…
$2.7b Ibom Seaport To Take-Off In April
The $2.5 billion Ibom Deep Seaport, a Public Private Partnership (PPP) project would come to reality on or before April 2019. The project would change the landscape of infrastructure in…
Nigeria Spends N2.7tn On Infrastructure
The High Level Stakeholders Retreat on Public Private Partnership (PPP) has heard that Nigeria spent N2.7 trillion on infrastructure development in the last three years. At the meeting in Uyo…
Non-Compliance To Regulations Hinders Oil Industry Growth — Baru
Dr Maikanti Baru, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), says non-compliance to regulations by operators in the oil and gas sector hinders growth in the industry. Baru…
N100b Sukuk Fund For Road
The Federal Government has decided to use the N100 billion Sovereign Sukuk bonds proceeds to construct 642.69 kilometres of roads across in NIgeria. The cheque for the money was presented…
38 Ships With Petrol At Lagos Ports – NPA
The Nigerian Ports Authority (NPA) says it is expecting 38 ships to bring in petroleum products, food and other goods at Apapa and Tin Can Island Ports, from Jan. 10…
