Category : Search result: airline expansion


Makinde Signs ₦892bn 2026 Oyo Budget Monday

Governor Seyi Makinde will sign Oyo State's ₦892 billion 2026 Appropriation Bill into law on Monday, December 22. The 'Budget of Economic Expansion' aims to drive growth and infrastructure. Read details.

Nollywood's $1 Billion Deal Marks New Chapter

Nigerian film industry, Nollywood, enters a transformative phase with a $1 billion partnership between The Entertainment Network (TEN) and The Evolution Media Group (TEMG). Discover the plans for global expansion, new studios, and job creation.

Mexican budget airlines Volaris and Viva agree to merge

Volaris and Viva, two leading Mexican low-cost carriers, have agreed to merge, pending 2026 regulatory approval. The deal aims to expand affordable air travel in Mexico amid industry turbulence. Read the full details.

Man Pays N200k for Air Peace Flight, Criticises Service

A Nigerian man, Sammie, shares his experience flying Air Peace for N200,000. He criticises being served water in a plastic cup and an all-white crew on the one-hour flight. Read his full story and public reactions.

Nigeria's oil rigs stuck at 41 amid OPEC expansion

Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.

ISPs Seek Policy Help for Underserved Areas

Internet providers urge government intervention to expand services to unserved regions. High costs and infrastructure vandalism threaten growth despite rising demand for broadband.

Court Stops Sale of Embraer Jet, Orders Show Cause

A Federal High Court in Abuja has issued an interim order restraining the sale of an Embraer EMB-145LR aircraft. Justice M. A. Madugu granted the order and gave defendants seven days to respond. Read the full details.

ValueJet Graduate Trainee Programme 2025: Apply Now

ValueJet Airline invites Nigerian graduates to apply for its 2025 Graduate Trainee Programme. Gain hands-on aviation experience, mentorship, and career growth. Applications close 31 December.

Bank CEO Calls for $25bn Aviation Fund in Nigeria

Fidelity Bank CEO Nneka Onyeali-Ikpe urges the Federal Government to create specialised funding from the CRR to bridge Nigeria's $25 billion aviation finance gap and support fleet growth.

Vodacom Takes Control of Safaricom in $2.1B Deal

South Africa's Vodacom secures a controlling 55% stake in Kenya's Safaricom for $2.1 billion, reshaping East Africa's telecom landscape and boosting digital inclusion. Read the full analysis.

Eterna Plc Launches N21.52 Billion Rights Issue

Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.

Trump Closes Venezuela Airspace Amid Tensions

US President Donald Trump declares Venezuela airspace closed as military tensions escalate. Six major airlines suspend flights amid security concerns. Read full details.

Trump closes Venezuela airspace in major escalation

US President Donald Trump has declared Venezuela's airspace closed, escalating tensions with Nicolas Maduro. Major airlines have suspended flights, disrupting regional travel. Read the full details.

Feedlot Nigeria Expands to 5000 Cattle Herds

Feedlot Nigeria boosts cattle capacity to 5000 herds, enhancing local beef production and reducing import dependency. Discover how this expansion transforms Nigeria's agricultural sector.

Airbus A320 Software Update Causes Flight Chaos

Global air travel faces major disruptions as Airbus mandates urgent software upgrades for up to 6,000 A320 aircraft following a safety incident. Learn how this affects Nigerian travelers.

Venezuela bans 6 airlines over security dispute

Venezuela bans Iberia, TAP, LATAM and 3 other airlines for suspending flights over US military activity. Over 8,000 passengers affected as Portugal calls move 'disproportionate'.

Makinde Presents N891.9bn 2026 Budget to Oyo Assembly

Oyo State Governor Seyi Makinde presents a N891.9bn 2026 budget focused on economic expansion. The proposal allocates 56.7% to capital projects, with infrastructure and education as top priorities.

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