China Taxes Contraceptives as Births Plummet
China will tax condoms and contraceptive drugs from 2026 to encourage childbirth as births fall. Experts warn of risks like unplanned pregnancies. Read more on this policy shift.
Category : Search result: aviation GDP decline
Controversy Hounds Nigeria's 2026 Tax Reform Implementation
Nigeria's ambitious tax reforms set for January 2026 face fierce opposition over alleged post-passage alterations, constitutional breaches, and public mistrust. Will the promises hold?
Pfizer Shares Fall on Weak 2026 Profit Outlook
Pfizer shares tumbled after the drugmaker projected flat revenues and lower profits for 2026, citing declining Covid-19 sales and heavy investment in new products like weight-loss drugs.
Gas Constraints Cause Power Decline in South-East - EEDC
EEDC blames recent electricity supply decline on gas shortages affecting GenCos, leading to load shedding. The company apologises for the inconvenience and urges customer patience.
FG, States, LGs Share N1.9trn as FAAC Allocation Drops
The Federation Account Allocation Committee (FAAC) distributed N1.928 trillion for November 2025, a significant drop from October. See the full breakdown for FG, states, and LGs.
Aviation Workers Oppose FAAN Union Leadership Control
Fresh tension in Nigeria's aviation sector as ATSSSAN officials warn against centralising union leadership under FAAN, calling it a 'dangerous monopoly'. Elections set for December 10 in Jos.
Aviation Experts Warn of Job Losses from 2026 Tax Reforms
Nigerian aviation experts warn new tax reforms from January 2026 could slash sector GDP by 20% and cut 30% of jobs. Learn the risks and calls for government intervention.
CEO Calls for $25bn Aviation Fund to Bridge Finance Gap
Nneka Onyeali-Ikpe of Fidelity Bank urges the FG to create a special funding window from the CRR to tackle the $25bn aviation finance crisis. Discover the plan to save Nigeria's airlines.
Nigeria's IBUAM to get 30 training aircraft in 3-year deal
Isaac Balami University of Aeronautics signs MoU with Auxano Aviation for 30 Jabiru J430 planes to expand pilot training capacity. Delivery starts this December.
FAAN Conference: Ganduje, Kuku Chart Path for Aviation Growth
FAAN's 2025 National Aviation Conference, led by Chairman Ganduje and MD Kuku, outlined major reforms and called for global partnerships to elevate Nigeria's airports. Read the key outcomes.
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.
FAAN Conference: Ganduje, Kuku Outline Aviation Reforms
FAAN's 2025 aviation conference saw Chairman Ganduje and MD Kuku unveil plans for investment, global partnerships, and major airport upgrades, driven by Tinubu's Renewed Hope Agenda.
Airbus cuts 2025 delivery forecast over A320 panel quality issue
Airbus reduces its 2025 aircraft delivery target from 820 to 790 due to a supplier quality issue on A320 fuselage panels. The company says up to 628 jets may need inspection.
Nigeria's Telecom GDP Contribution Hits 9.1% in Q3
Nigeria's telecom sector demonstrates resilience, contributing 9.1% to GDP in Q3 2025. Driven by mobile data demand and 5G rollout, the industry remains a key non-oil pillar. Discover the full economic impact.
Keyamo Apologises for Nigeria Airshow, Promises Better Future
Aviation Minister Festus Keyamo apologised for the poor outcome of the maiden Nigeria International Airshow but pledged significant improvements for future editions. Read his full vision for Nigeria's aviation future.
GDP Growth at 3.98% in Q3 2025, But Living Costs Still High
Nigeria's economy grew by 3.98% in Q3 2025, reports NBS. However, CPPE warns the cost-of-living crisis remains a major concern for households. Read the full analysis and policy recommendations.
Nigeria to Start Making Aircraft Parts, Aims for $2.58bn Revenue
President Tinubu announces plans for local aircraft component manufacturing, aiming to make Nigeria West Africa's aviation hub. Passenger traffic is projected to hit 25.7 million by 2029.
Nigeria's Economy Grows 3.98% in Q3 2025
Nigeria's economy expanded by 3.98% in Q3 2025, with services and agriculture leading growth. The non-oil sector remains a key driver. Discover the full breakdown and what it means for the nation's economic outlook.
OECD Raises 2025 Growth Forecasts for US, Eurozone
The OECD says the world economy has been 'surprisingly resilient,' raising its 2025 growth estimates for the US and eurozone. Discover the key drivers and potential risks, including AI valuation concerns.
National Debt Rises to N152.4 Trillion
Nigeria's public debt surges to N152.39 trillion as experts warn short-term investments threaten fiscal stability. State debts see historic decline. Read the full analysis.
Nigeria Hosts First International Airshow for Aviation Centenary
Nigeria marks 100 years of aviation with its first-ever International Airshow in Abuja, backed by Flybird AMSL & Minister Keyamo. Discover how this event bridges Africa's connectivity gaps.
Nigeria's GDP Hits 3.98% in Q3 2025
Nigeria's economy expanded by 3.98% in Q3 2025, fueled by strong performances in Agriculture, ICT, and Finance. Get the full breakdown of the NBS report and what it means for the nation's growth trajectory.
Nigeria's GDP grows 3.98% in Q3 2025, NBS reports
Nigeria's economy expanded by 3.98% year-on-year in Q3 2025, driven by services and agriculture. Get the full breakdown of sectoral performance from the NBS data.
New Airline Offers 60% Cheaper Abuja-Ilorin Fares
UMZA Air begins operations on the Abuja-Ilorin route with permanently low fares, sparking a rush for tickets. Analysts say this could break the fare monopoly and benefit North Central travellers.
FAAN Reviews Past Recruitments, 300 Staff Affected
FAAN begins a major review of recruitment exercises from 2015-2017 and 2019, targeting alleged job racketeering. Over 300 staff, mainly in Fire Service and AVSEC, may be demoted. Read the full details.
Airbus A320 Faces 'Quality Issue' on Metal Panels
Airbus confirms a supplier quality problem affecting some A320 metal panels, causing a stock plunge. The issue is contained, with fewer than 100 planes grounded for a separate software fix.
Navy Officer, Pilot Presumed Dead in New Orleans Lake Crash
A US Navy officer and a female flight instructor are presumed dead after their Cessna Skyhawk crashed into Lake Pontchartrain. Search operations have been suspended. Read the full story.
Airbus Confirms Quality Issue on A320 Aircraft Panels
Airbus detects a 'supplier quality issue' on some A320 metal panels, causing a stock plunge. This is the second problem for the jet in a week. Read the full details and market impact.
Nigeria Airlines Address A320 Recall, FG Demands Transparency
Aviation Minister Festus Keyamo directs Nigerian airlines to ensure full insurance compliance as operators allay fears over Airbus A320 software recall. Get the latest updates.
300 FAAN Staff Face Demotion Over Job Racketeering
Over 300 FAAN staff may be demoted as management investigates irregular recruitments from 2015-2019. MD Olubunmi Kuku orders internal review of employment concerns.
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