International Finance Corporation (IFC), a member of the World Bank Group, has invested €20 million into Bolt, a ride-hailing company, to promote access to on-demand mobility services in Nigeria and other emerging economies. The investment and advisory services being offered by IFC, according to a joint statement issued by the companies will would ensure the […]
Pilots under the aegis of National Association of Aircraft Pilots and Engineers (NAAPE) has condemned the management of Azman Air for planning to replace sacked Nigerian pilots with six expatriates. The union representing pilots described the moves by the airline as an indication of its scorn for Nigerian laws, especially the expatriate quota laws and […]
There should be special Forex window for airlines, says OknokwoWhen flight operations resumed last July after weeks of COVID-19 lockdown, the major industry worry was low passenger patronage. Demand did go on a roller-coaster and when it stabilised, another problem emerged – insufficient fleet capacity to ferry waiting passengers. The tell-tale signs of low capacity […]
Palpable tension now hovers along the access roads to Tin-Can Island Ports, second largest Seaports in Lagos, over Wednesday’s shooting of a clearing agent, Adeyemi Quadri, by a customs officer attached to the Federal Operations Unit (FOU), Zone A, Ikeja. The injured clearing agent was said to have had the injured leg amputated on Thursday. […]
The Federal Government on Wednesday said that it was dealing with the challenges of compensations payment and relocation of services slowing down Lagos-Ibadan Expressway rehabilitation and reconstruction project. Alhaji Babangida Hussaini, Permanent Secretary, Federal Ministry of Works and Housing, made the remarks during a technical inspection of roads in Lagos and added that the speed […]
Following complaints by stakeholders and air travellers about the delay in the reopening of other international operations at the Mallam Aminu Kano Airport, Port Harcourt International Airport, Omagwa and the Akanu Ibiam International Airport, Enugu, the Minister of Aviation, Senator Hadi Sirika has identified reasons for the delay. The minister in a statement signed by […]
Air Peace airline is set to resume daily flight operations on the Lagos-Accra route, effective March 15, 2021. The airline said the regional travel that had been on hold since the outbreak of coronavirus last year, was strategic to connectivity in West Africa. Similarly, the airline has expressed readiness to kick-off scheduled flights into Ilorin […]
Lagos State Government and CIG Motors Company Limited have formally signed a Joint Venture Agreement for the establishment of Vehicle Assembly Plant in the State. Lagos State Governor, Mr. Babajide Sanwo-Olu, at the ceremony held at the State House in Marina on Thursday also unveiled a new e-hailing taxi schemein partnership with the Chinese automobile […]
Lagos State Governor, Mr. Babajide Sanwo-Olu has threatened to deal decisively with the cabal behind Apapa gridlock that has defiled moves by successive governments in the state to free the roads in the axis. The governor who disclosed this on Wednesday, at the unveiling of the reconfigured Abraham Adesanya, Second and First Roundabouts on Lekki-Epe […]
The Abuja-Kaduna-Kano expressway, hitherto undergoing renovation, would now be completely reconstructed. The Federal Executive Council (FEC) has approved over N809.7 billion for various projects, including the rehabilitation of the Abuja-Kano expressway. The meeting presided over by President Muhammadu Buhari on Tuesday also approved the procurement of fire fighting vehicles and equipment as well as the development of […]
