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Aviation

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NAMA shuts Lagos airpot runway Sunday

The Nigerian Airspace Management Agency on Saturday announced the imminent closure of the international runway of the Murtala Muhammed Airport (18R/36L) in…

FG invested $12.5m in Nigeria Air

The Federal Government’s 5% ownership in Nigeria Air, the country’s national airline, is worth $12.5 million. According to Nairametrics, this was disclosed…

Foreign airline trapped funds hit $550m

The trapped funds belonging to foreign airlines have now increased to $550million, despite the recent intervention of the Central Bank of Nigeria…