FACTS OF INDEBTEDNESS: SIR JOHNSON ARUMEMI-IKHIDE/ ARIK TO ASSET MANAGEMENT CORPORATION OF NIGERIA

FACTS OF INDEBTEDNESS: SIR JOHNSON ARUMEMI-IKHIDE/ ARIK TO ASSET MANAGEMENT CORPORATION OF NIGERIA

  By Jude Nwauzor The Asset Management Corporation of Nigeria (“AMCON” or “Corporation) has become aware of a recent newspaper article written by Sir Johnson Arumemi-Ikide and published in ThisDay Newspaper on September 27, 2023. In the article, Sir Johnson made several spurious claims, which are at best a misrepresentation of facts and an attempt to besmirch the integrity and reputation of AMCON in the fulfilment of its statutory mandates and objectives. While it is…

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France proposes strategic business agreements on airport concession, aircraft leasing, others

France proposes strategic business agreements on airport concession, aircraft leasing, others

Envoy visits Minister   The French Ambassador to Nigeria, Emmanuelle Blatmann on Wednesday made strategic business proposals between France and Nigeria. He made the proposal to the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo when he visited him in his office. The French ambassador who was in the company of Florent Mangin, Economic Counsellor/Head of the Economic Department, and Ludovic LEA, Deputy Head of the Economic Department extended an invitation to the Aviation…

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NAHCO invests in new equipment

NAHCO invests in new equipment

Company hands over new vehicles for operations     West Africa’s foremost ground handling service provider, nacho aviance, is injecting fresh billions into equipment purchases, its Chairman, Dr. Seinde Fadeni disclosed. Fadeni who spoke during the hand-over ceremony of 21 new vehicles recently purchased by staff promised that the ground support equipment would be delivered in a few months’ time. “The scale of the GSE the Company is purchasing is so massive that what you…

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Angola’s national airline, TAAG adds four B787 Dreamliners to fleet

Angola’s national airline, TAAG adds four B787 Dreamliners to fleet

TAAG Angola Airlines and Boeing announced that TAAG is adding the highly fuel-efficient 787 Dreamliner to its fleet with an order for four of the wide-body jets. “Our goal is to work with the best manufacturers in the world towards a multi-type fleet, in order to ensure we have the appropriate airplanes for each flight typology, namely our intercontinental connections,” said Eduardo Fairen, CEO of TAAG Angola Airlines. “The 787 option suits our intent for…

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Glovo Extends ‘The Couriers Pledge’ to Nigeria: Elevating Safety and Benefits for Couriers Across Africa

Glovo Extends ‘The Couriers Pledge’ to Nigeria: Elevating Safety and Benefits for Couriers Across Africa

Glovo, Africa’s leading multi-category app, has launched “The Couriers Pledge” in Nigeria, a commitment set by the company to increase the social rights and benefits available to couriers, regardless of employment or work status with the company. The Couriers Pledge initiative first introduced in 2021, has already positively impacted over 40,000 couriers in various countries across the globe where Glovo operates. With the launch of the program in Nigeria, the Courier’s pledge is now being…

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United Nigeria Airlines joins IATA

United Nigeria Airlines joins IATA

Nigerian carrier, United Nigeria Airlines Company Limited, has been admitted as a member of the global aviation body, the International Air Transport Association (IATA). The airlines’ admittance into IATA was conveyed to the management of United Nigeria Airlines in a letter dated October 9, 2023, and addressed to Prof. Obiora Okonkwo, chairman and chief executive of the company. The letter signed by William Walsh, IATA Director General, it said the group was happy to welcome…

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MMA2 raises tariffs for car park, VIP walk-in lounge

MMA2 raises tariffs for car park, VIP walk-in lounge

Bi-Courtney Aviation Services Limited, operators of the Murtala Muhammed Airport Terminal Two (MMA2), has announced an increment in the car park and Lounge Services tariff at the airport terminal. BASL said the tariff review was in light of the new economic reality in the country and the decision had long been held down, in clear economic solidarity with the airport terminal users, despite its inevitability, until it became inevitable for smooth and excellent operational purposes….

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Govt’s support i’ll come when service standards are raised, Keyamo tells airlines

Govt’s support i’ll come when service standards are raised, Keyamo tells airlines

Operators call for BASA, MASA  renegotiation, seek license to import jet fuel Minister of Aviation and Aerospace Development, Festus Keyamo stated that the Federal Government was ready to partner and support airlines under their umbrella body, Airline Operators of Nigeria (AON). He however said the support would come once the operators are ready to raise the standard of their services. The Minister stated this when members of the Airline Operators of Nigeria led by Dr….

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One year of purposeful service to aviation sector, ValueJet takes stock

One year of purposeful service to aviation sector, ValueJet takes stock

To many, one year may not mean so much in the life of any individual but to many others, it means a lot, especially in the life of airlines in the country’s aviation industry. Though relatively new, ValueJet has positively impacted Nigeria’s domestic airline scene. The company’s business model is poised to ensure that Nigerians have access to affordable flights through competitive pricing. With a long-term vision and growth mindset, it has set its sights…

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Interrogating NCAA’s six aircraft policy for start-ups, existing carriers

Interrogating NCAA’s six aircraft policy for start-ups, existing carriers

The new six-aircraft policy of the NCAA for start-ups and existing carriers could set the stage for more problems and erode gains made over the years. Emirates which has over 400 airplanes today started with two airplanes. Ethiopian Airlines which has become a success story in Africa started with just two airplanes to have over 150 aircraft in its fleet. The new policy which is expected to commence in 2025 is anti-aviation development, writes, WOLE…

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