Tag: Local

featured

Why flight fares may increase – Local airlines

Airline companies have warned that they may be have to evaluate their pricing upward since the price of aviation fuel increased to more than N1300 According to The Punch, the local airlines’ spokesperson, Obiora Okonkwo, revealed this in a statement on Friday and demanded prompt government action to stop the local airlines from going out […]

MTN Nigeria CEO advocates local assembly to lower smartphone costs
News

MTN Nigeria CEO advocates local assembly to lower smartphone costs

The Chief Executive Officer of MTN Nigeria, Karl Toriola, has emphasized the high cost of mobile phones as a barrier to digital inclusion in Nigeria. Toriola mentioned this during a recent interview with Arise TV. According to him, while worldwide demand has resulted in a decrease in smartphone costs, Nigeria alone may not generate enough demand to […]

FG's 10-man panel to investigate airlines over fare hike
Aviation

NCAA estimates N8bn for local, foreign trips

The Nigeria Civil Aviation Authority has said that it will spend N8.3 billion on transportation and travel in 2024. The PUNCH reported that the agency announced this in the recently filed Government-Owned Enterprises budget proposal to President Bola Tinubu. The NCAA regulates aviation in Nigeria and has gained autonomy after the National Assembly passed the Civil […]

Business

Nigeria needs to balance foreign investment with local growth – KPMG

A professional services firm, KPMG, has stated that Nigeria must strike a balance between attracting foreign capital and supporting domestic growth through policies that favour foreign investment while also building a conducive climate for indigenous enterprises to prosper. According to the firm’s flashnotes published on January 4, 2024, capital importation numbers show a consistent quarterly fall, indicating continued issues […]

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