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FG plans fresh aviation sector reforms amid infrastructure decay

Industry players believe the new aviation minister should take the baton from where his predecessor stopped by ditching the planned national carrier and focusing on improving infrastructure in the airports and reforming the sector in general. ....

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Trapped funds do not exist, says IATA

According to IATA, the industry’s blocked funds have shot up by 47% to $2.27 billion in April 2023, compared to $1.55 billion in April 2022. ....

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Foreign airlines doing business in Nigeria repatriate over $4bn in 15 months

Lagos-London fares 49% higher than Accra-London, 162% higher than Cotonou-London Nigeria Air project stalls, airfares skyrocket over foreign exchange shortage Nigerians have spent about $4.66bn on foreign air travels in 15 months, according to findings by The PUNCH. Data obtained from the Central Bank of Nigeria showed that the amount was sold to foreign airlines | ....

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Nigeria-Niger mega rail project threatened, over 1,000 trucks trapped

The Nigeria-Niger Republic railway project may be at risk after the rupture of the diplomatic ties between Nigeria and Niger following ....

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Foreign airlines repatriate over $4bn in 15 months

Nigerians have spent about $4.66bn on foreign air travels in 15 months, according to findings by The PUNCH. ....

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