FEC Approves $2.99B Rail Projects for 3 Cities
The Federal Executive Council approved $2.99 billion rail contracts for Lagos, Kano, and Kaduna to boost infrastructure and economic growth, Finance Minister Taiwo Oyedele announced.
The Federal Executive Council approved $2.99 billion rail contracts for Lagos, Kano, and Kaduna to boost infrastructure and economic growth, Finance Minister Taiwo Oyedele announced.
Bi-Courtney Aviation clarifies that MMA2 car park is for short stays, not long-term parking, after tariff review to discourage misuse.
President Bola Ahmed Tinubu nominates fiscal expert Joseph Tegbe as Minister of Power, pending Senate confirmation, to drive reforms and grid stability.
Dangote Refinery fixes aviation fuel gantry price at N1,820 per litre, but airlines still buy at N2,230. Calls for transparency grow as operational costs soar.
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RecommendedThe Nigerian Railway Corporation introduces a new Standard Operating Procedure for train cleaning to enhance passenger safety, hygiene, and travel experience.
NUATE accuses AMCON of mismanaging Aero Contractors, citing lack of funding and expertise, and calls for government intervention to save the airline.
Stakeholders criticize FAAN's multiple charges at Nigerian airports, saying high fees on passengers, airlines, and businesses hinder growth and increase costs.
Minister Adegboyega Oyetola unveils the Institute of Maritime Studies at UNILAG, emphasizing knowledge-driven development and human capital growth for Nigeria's blue economy.
African airlines saw a 7% year-on-year increase in air cargo demand in March, the strongest globally, while global demand fell 4.8% due to Middle East crisis.
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RecommendedA light aircraft crashed into a hangar at Parafield Airport in Adelaide, killing two and injuring several others. Emergency services rushed to the scene.
The FCCPC has mandated airlines to provide refreshments, communication access, and accommodation for stranded passengers due to flight delays or cancellations.
Rising geopolitical tensions and fuel costs have forced foreign airlines to hike airfares, threatening summer travel plans for many Nigerians. Experts warn of a 40% fare increase.
Nigeria's NCC announces 5G penetration at 14%, targets 30% coverage to boost digital economy, with infrastructure challenges and consumer benefits emerging.
Nigerian airlines warn of shutdown as Jet A1 prices soar. Ibom Air reports over 350% cost surge, while Air Peace reduces London flights. Operators urge government intervention.
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RecommendedAkwa Ibom State announces maiden international flight from Uyo to Accra on May 2, 2026, operated by Ibom Air, following presidential approval for airport upgrade.
Vancouver police deny FIFA's request for a Level 4 motorcade for Gianni Infantino, citing cost and traffic disruption concerns.
Nigeria's Federal Government directs fuel marketers to offer airlines a 30-day credit window and direct sales to ease jet fuel crisis and prevent flight disruptions.
Jet fuel prices in Nigeria surge over 300%, pushing airline costs to unsustainable levels. Operators warn one-way tickets could reach N500,000, risking industry collapse.
GIG Mobility Nigeria CEO Dr Enahoro Okhae calls for wider technology adoption in the mobility sector to improve travel convenience and drive the future of transportation in Nigeria.
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RecommendedZenith Bank Plc has launched a subsidiary in Côte d'Ivoire to strengthen its presence in Francophone West Africa and boost financial intermediation within the WAEMU region.
Ibom Air warns it may reduce flight operations as aviation fuel costs surge to N7.6 million per flight, a 350% increase since January, threatening sustainability.
A small aircraft operated by CityLink Aviation Ltd crashed near Juba, South Sudan, killing all 14 passengers and the pilot. Poor visibility and adverse weather are suspected.
The Centre for the Promotion of Private Enterprise (CPPE) commends President Tinubu for approving 30% discount on airlines' debts, calls for comprehensive aviation cost reform.
Ibom Air reports over 350% rise in aviation fuel cost per flight since January, from N2.1m to N7.6m, warning of unsustainable conditions and potential capacity cuts.
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RecommendedNigeria's aviation fuel crisis deepens, causing flight delays and cancellations. Airlines face 300% price surge and N9 billion debt ultimatum from ground handlers.
Nigeria's domestic airlines issue 48-hour ultimatum to government, warning of 7-day shutdown from April 30 due to 300% aviation fuel price hike.
Nigeria's aviation sector faces shutdown as airlines warn of suspending operations from April 30 over soaring Jet A1 fuel costs, up 300% since February.
VivaJets, a Nigerian business aviation firm, will serve as strategic mobility partner at the Africa CEO Forum in Kigali, aiming to improve connectivity for leaders across the continent.
Aviation ground handlers in Nigeria issue a 7-day ultimatum to airlines over over N9 billion debt, warning of possible service withdrawal from April 28, 2026.
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RecommendedThe NCAA has expressed concern over rising passenger complaints against domestic airlines, while stakeholders urge government intervention on high jet fuel costs threatening 2026 Hajj operations.