HomenewsEconomy

  • Airlines, agents to begin sale of tickets in dollar April, 19

    • April 14, 2022
    • Posted by: admin
    • Category: Digital Economy, Economy, Latest News, Marine & Aviation, Tourism
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    Information has emerged that with effect from April 19, 2022, some foreign airlines’ electronics would start accepting issuing of tickets in United States Dollars and no more in Naira. This new policy was caused as a result of the difficulty in repatriating airlines’ huge funds stuck in Nigeria and other countries coupled with foreign exchange

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  • COVID-19: FG Scraps Post-arrival PCR Test for Fully Vaccinated Travellers

    • April 4, 2022
    • Posted by: admin
    • Category: Digital Economy, Economy, Latest News, Marine & Aviation
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    The Federal Government has scrapped post-arrival PCR COVID tests for fully vaccinated travellers entering Nigeria.This was contained in a revised travel protocol the Presidential Steering Committee (PSC) on COVID-19 released at the weekend. The committee under the chairmanship of the Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha, said fully vaccinated passengers

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  • FAAN apologises for power outage at Lagos airport

    • April 2, 2022
    • Posted by: admin
    • Category: Digital Economy, Economy, Latest News, Marine & Aviation
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    The Federal Airports Authority of Nigeria has apologised for the power outage at the Murtala Muhammed International Airport, Lagos. The apology was contained in a statement by FAAN’s acting General Manager, Corporate Affairs, Faithful Hope-Ivbaze. It had that many passengers were stranded over power outage at the departure lounge of the MMIA. The statement read,

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  • OPEC Appoints New General Secretary

    • January 4, 2022
    • Posted by: admin
    • Category: Economy, Energy, Latest News
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    The Organisation of the Petroleum Exporting Countries has appointed Mr Haitham Al-Ghais as the organisation’s Secretary General effective August 1, 2022. His appointment was made known at a Special Meeting OPEC, held via videoconference on Monday, 3 January 2022, under the Chairmanship of its President, His Excellency, Bruno Jean-Richard Itoua, Congo’s Minister of Hydrocarbons and

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  • Fuel thieves caused inferno, collapse of high tension towers – TCN

    • December 25, 2021
    • Posted by: admin
    • Category: Digital Economy, Economy, Energy, Latest News
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    The Transmission Company of Nigeria has said Friday’s inferno in Lagos that led to the collapse of five high tension towers was caused by petroleum products pipeline vandals. The inferno occurred at a vandalised pipeline on Isheri Olofin, off Igbando-LASU Expressway and it caused massive damage to the 330KV Ikeja-West Akangba Transmission Line 1. TCN’s

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  • Flight disruption likely over 5G signals -Airline experts

    • December 19, 2021
    • Posted by: admin
    • Category: Digital Economy, Economy, Health, Latest News, Marine & Aviation, Tourism
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    Airline executives have warned that interference from 5G signals using C-band spectrum could lead to flight disruptions. According to Cnet, these industry executives said that if the United States wireless carriers push forward with its plans to begin deploying a specific type of 5G service early next year in spite of interference concerns brought to

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  • Omicron: FG To Ban Flights From UK, Canada, Saudi Arabia, Argentina

    • December 12, 2021
    • Posted by: admin
    • Category: Economy, Latest News, Marine & Aviation, Tourism
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    The Federal Government is set to ban flights from the United Kingdom, Canada, Argentina and Saudi Arabia in retaliation against their decisions to have included Nigeria in red list countries. Minister of Aviation, Hadi Sirika, who disclosed this on Sunday revealed on stated that the ban on the three nations would be announced on Monday

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  • MAX AIR COLLIDED WITH STATINARY AIR PEACE PLANE

    • December 12, 2021
    • Posted by: admin
    • Category: Economy, Latest News, Marine & Aviation
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    A taxing Max Air collided with a stationary Air Peace on Saturday at the airport in Benin City, the Edo state capital. According to Air Peace management, the Max Air collided with the right wing of the parked Air peace, damaging the left elevator, rendering the plane grounded and unserviceable. The Statement reads; BENIN INCIDENT

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  • Nigeria-UAE Diplomatic Row: Air Peace Accuses UAE of Falsity

    • December 12, 2021
    • Posted by: admin
    • Category: Economy, Latest News, Marine & Aviation, Tourism
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    The diplomatic row between Nigeria and the United Arab Emirates (UAE) got messier over the weekend as Air Peace airline allegedly accused the Emirates of falsity that it lost its flight slots at the Sharjah International Airport because it stopped operating commercial flights into the airport. The Management of Air Peace had described the claim

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  • Emirates suspends flights to Nigeria again

    • December 11, 2021
    • Posted by: admin
    • Category: Economy, Latest News, Marine & Aviation, Tourism
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    Emirates Airlines has suspended once again all its flights to Nigeria as a retaliatory action taken against the Federal Government. The Nigerian government had earlier reduced the frequencies approved for the Middle East airline to just one over an ongoing diplomatic row. In a statement issued by the airline Friday evening, it said, “With the

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