General

The Lagos Metropolitan Area Transport Authority (LAMATA), yesterday, advised commuters to only use authorized bank accounts to pay for transport services. The agency’s Consultant, Corporate Communication, Kolawole Ojelabi, disclosed this in a statement. According to him, the agency was aware of a viral video in which a group of ladies claimed that an official asked …

LAMATA cautions commuters against paying fares into personal accounts Read More »

The United Nations (UN) has predicted a decline in Nigeria’s price of petrol in 2024. According to the United Nations World Economic Situation and Prospects (WESP) report for 2024, Nigeria will achieve that with an increased domestic oil refining capacity. “Efforts to increase in-country oil refining capacity would likely reduce domestic fuel costs in 2024 and beyond,” …

UN predicts petrol price drop in 2024 Read More »

The European Union (EU) has introduced a new import control system for entry of goods by maritime and inland waterways, road and rail, in the EU. The system, which will take effect on June 3, 2024, is part of a new customs pre-arrival cargo information system, called Import Control System or ICS2. It is the …

EU Introduces New Import Control System For Maritime, Road, Rail Read More »

The CBN acting Director, of the Corporate Communications Department, Hakama Sidi, who made this known in a statement yesterday, disclosed that the disbursement was done through various Deposit Money Banks (DMBs) in the country. She added that the apex bank has also redeemed outstanding forward liabilities amounting to about $2 billion in the past three months, …

CBN Disburses $61.64m To Foreign Airlines Read More »

Lagos State Government has once again promised to construct a new international Airport at the Lekki Epe corridor of the State in the next one or two years. The airport is expected to accommodate about 350 aircraft at a time and take care of about 5 million travelers annually. Gbenga Omotoso, the state commissioner for …

Lagos State Gives Completion Date, Targets for New International Airport at Lekki Read More »

In a bid to expedite the upgrade and expansion of the country’s railway networks, the Federal Ministry of Transportation is seeking to access low-interest loans from the Bank of Industry (BOI) to fund railway projects nationwide. The Permanent Secretary of the Federal Ministry of Transportation/Marine and Blue Economy, Dr. Magdalene Ajani said during a meeting …

Permanent Secretary seeks low-interest loan from BOI for completion of railway projects Read More »

The Ministry of Aviation, says it is working on plans to ensure that commercial airlines operating in Nigeria pay compensation to passengers for delayed or canceled flights starting from January 2024. The Minister of Aviation, Festus Keyamo, said this when he appeared before the Joint Committee of the National Assembly on Aviation for 2024 budget …

Airlines to pay compensation for delayed, canceled flights — Aviation Minister Read More »

Air Peace has been conferred with the “Best Airline for Customer Service, West Africa” for 2023 at the Global Brand Awards. The Global Brand Awards, an annual event by Global Brands Magazine (GBM) based in England, strives to honor worldwide brands that distinguish themselves across diverse industries while ensuring that readers are up-to-date on pivotal …

Air Peace Wins Best Airline for Customer Service Read More »

In a major shakeup in the aviation sector, the Minister of Aviation and Aerospace, Festus Keyamo, has relieved the appointment of directors of key regulatory agencies, including the Nigerian Airspace Management Agency, NAMA, Nigerian Civil Aviation Authority, NCAA, Nigerian Meteorological Agency, NiMET, amongst others. Others include the Federal Airport Authority of Nigeria, FAAN, and the …

Aviation Minister sacks all directors of NAMA, NCAA, NiMET, others Read More »

The federal government is working on providing subsidies to airlines in the country to help reduce the high cost of air travel. It was discussed that passengers traveling would be given a form to fill out by the airline they are flying. The airlines will then forward the completed forms to the Central Bank of …

FG Moves To Slash Air Peace, Dana Others Airfares by 50%, Gives Conditions for Travellers To Benefit Read More »