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Nigeria aviation

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Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
Business

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
Business

Air Peace Breaks Leasing Barrier With New Boeing 737-NG

Air Peace makes history with a new Boeing 737-NG dry lease, boosting Nigeria’s aviation growth and restoring industry confidence.
Business

Nigeria Imposes $11.5 Passenger Security Levy Starting December

Nigeria’s NCAA introduces a $11.5 APIS levy from December 1, adding to air travel costs and drawing industry criticism over multiple taxation.
News

Gateway Airport Launches Commercial Operations

Governor Dapo Abiodun inaugurates the Gateway International Airport in Ogun State, opening a new chapter for aviation and regional growth.
News

Air France Flight Diversion Leaves Nigerian Passengers Stranded in Togo

Air France diverted a Paris-Abuja flight to Lomé due to bad weather, leaving passengers stranded. Minister Festus Keyamo demanded immediate action.
News

Keyamo Addresses Controversy Over Private Airstrip Decision

Festus Keyamo defends private airstrip approvals, dismisses favoritism allegations, and assures compliance with constitutional rights and national security safeguards.
News

Nigeria Enhances Aircraft Leasing with New IDERA Procedure

Nigeria’s Civil Aviation Authority has introduced the updated IDERA procedure, aimed at streamlining aircraft deregistration and ownership transfer, boosting investor confidence in the aviation sector.

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News

Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
Business

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
Business

Investors gain N26.5trn on Nigerian Exchange in April

Nigerian stock investors pocketed 26.5 trillion naira in April as the All-Share Index surged 20.13 percent and market cap climbed to a record 155.7 trillion.
News

Analysts urge Nigeria to plug N31trn deficit by listing state assets

Analysts say Nigeria can fix its 31 trillion naira budget deficit by listing state-owned assets on the stock market instead of piling on more debt.