Aero Contractors, Nigeria’s oldest flight operator, has temporarily suspended flight operations due to what it has described as harsh operating environment. The suspension, according to a statement by the airline, …
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State eases maize flour prices to Sh100 until elections
The government has subsidised the price of maize flour to Sh100 for a two-kilogramme packet in a deal with millers aimed at diffusing public outrage over the high cost of …
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Flutterwave to shut down virtual dollar card service from July 17, 2022
Fintech company, Flutterwave, has said it will be shutting down its virtual dollar card service also known as Barter card, effective from July 17, 2022. The company disclosed this in …
The National Bureau of Statistics on Friday revealed that the nation’s headline inflation rate increased to 18.60 per cent in June, up from 17.71 per cent in the previous month. …
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Naira hits 620/$ at parallel market as FX demand surges
The naira fell to N620 per dollar yesterday at the parallel market amid the lingering scarcity of the greenback. The figure represents a depreciation of N5 or 0.8 percent from …
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Fuel prices for July to remain unchanged
Fuel prices in Kenya are set to remain unchanged for July following a directive by President Uhuru Kenyatta on Thursday. In the directive announced by State House Spokesperson Kanze Dena, …
Solar firms are seeking to raise more funds to expand to meet up with the demand for solar products. The surge in diesel prices has pushed businesses to explore renewable …
- AfricaGlobal NewsNewsNigeriaTechnologyTransportation & LogisiticsWestern Africa
Air peace records full load factor on inaugural flight to China
Air peace yesterday recorded full load factor of 240 passengers on its inaugural flight from the Murtala Muhammed International Airport, Lagos to Guangzhou, China. This was also as the airline …
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N1.04tn lost to 2021 aircraft repairs in foreign countries – FG
Nigeria lost $2.5bn (about N1.04tn at the official exchange rate of N415.63/$) to other countries in 2021on Nigerian aircraft Maintenance, Repair and Overhaul services and other facilities, the Federal Government …
The The Nigerian Exchange (NGX) has upgraded Skyway Aviation Handling Company (Sahco) Plc from a low-priced stock to medium-priced stock following recent appreciation in the share price of the aviation …