Day: 9 May 2023

FAAN partners firm to transform Akure airport into aerotropolis

The Federal Airport Authority of Nigeria (FAAN), yesterday, said plans have been finalized with a private firm, Ala Resort Ltd., to establish the first aerotropolis in Nigeria and sub-Saharan Africa. General Manager, Business Development, FAAN Headquarters, Hycinth Ngwu, who disclosed this, said Akure Cargo Airport would be used for the project. He said the decision …

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NDDC rail project

Sir: I wholeheartedly support the signing of the $15 billion Memorandum of Understanding (MoU) for Public Private Partnership (PPP) by the Niger Delta Development Commission (NDDC) and a US-based company, Atlanta Global Resources, to construct a rail link to all states in the oil-rich Niger Delta region. The Niger Delta region is made up of nine …

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Fintech unveils contactless payment for public transportation

Touch and Pay Technologies, a fintech company, has announced that passengers can now pay for interstate travel from Lagos using a mobile app.  According to the firm, using its Cowry app, passengers can now pay formal and informal interstate travel operators within the city. It explained that the interstate booking function on its app automates …

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