IRS Airlines wins disputes against 18 Nigerian insurance firms

IRS Airlines wins disputes against 18 Nigerian insurance firms

Court awards $3.65 million against the lead insurer  $200,000 against IGI, $150,000 against  Mutual Benefit Assurance In a landmark ruling delivered o by Hon. Justice K. A. Jose at the High Court of Lagos State (Commercial Division), IRS Airlines Limited secured a significant victory in its long-running insurance dispute against 18 Nigerian insurance companies.  The case, suit no. LD/3187CMW/2017, centred on the insurers’ refusal to honour a claim following the total loss of a Fokker…

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FG suspends $300 helicopter landing fees for oil companies

FG suspends $300 helicopter landing fees for oil companies

The Federal Government has once again ordered a temporary suspension of the controversial $300 helicopter landing fees specifically for oil and gas companies. This directive was issued on Monday by the Minister of Aviation and Aerospace Development, Festus Keyamo, following a high-level meeting in Abuja with the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, and key industry stakeholders. Keyamo, Lokpobiri The enforcement and collection of the fees are suspended for an initial…

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IATA: Despite drop, Africa tops air accident rate globally

IATA: Despite drop, Africa tops air accident rate globally

Region recorded seven accidents in 2025, Middle East, North Africa, with one accident 51 crashes across 38.7 million flights The International Air Transport Association (IATA) 2025 Annual Safety Report, released on, confirms that the African region (AFI) recorded seven accidents during the 2025 calendar year. While this number represents a significant improvement in the regional accident rate compared to 2024, Africa continues to have the highest accident rate among global regions. The report highlights a…

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FAAN builds on momentum for cargo/freight centre, Abuja second runway, others

FAAN builds on momentum for cargo/freight centre, Abuja second runway, others

Positions Abuja airport for growth, holds stakeholders meeting   Building on the strategic momentum from the first quarter of 2026, the Federal Airports Authority of Nigeria (FAAN) has moved from dialogue to implementation. The recent stakeholders meeting served as a launchpad for a multi-billion-naira infrastructure roadmap, specifically targeting the expansion of Nigeria’s air cargo capacity and the modernisation of its primary hubs. Consequently, FAAN has officially unveiled plans for a state-of-the-art dedicated cargo facility designed…

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Tinubu halts FAAN’s cashless policy amid pain for airport users

Tinubu halts FAAN’s cashless policy amid pain for airport users

President Bola Tinubu on Wednesday ordered the immediate suspension of the Federal Airports Authority of Nigeria (FAAN) cashless policy. The directive was announced by the Minister of Aviation and Aerospace Development, Festus Keyamo, following a Federal Executive Council (FEC) meeting at the State House in Abuja. The policy, which was fully implemented on March 1, 2026, caused massive vehicular gridlock at major hubs such as Murtala Muhammed International Airport, Lagos, and Nnamdi Azikiwe International Airport…

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Report: Despite traffic boom, airport profits thin

Report: Despite traffic boom, airport profits thin

 Global passenger traffic has rebounded sharply, yet the airport business model that has sustained decades of predictable growth is under strain. According to Acuracy’s white paper, “What does the future hold for airports?”, airport revenues in 2023 remained 12% below 2019 levels even though traffic was only 5% lower. The disconnect exposes structural shifts reshaping how airports create value. The report argues that airports are moving away from a volume-driven infrastructure model towards integrated platforms that…

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US/Israel attack: Sky in turmoil, airlines record unprecedented scale of flight disruptions

US/Israel attack: Sky in turmoil, airlines record unprecedented scale of flight disruptions

Over 9,600 flights cancelled, unprecedented Multiple nations shut airspace to civilian traffic A massive military escalation in the Middle East has triggered a widespread airspace shutdown today, severely disrupting global aviation. The crisis began following joint United States and Israeli strikes on Iranian targets, including Tehran, which prompted immediate retaliatory missile attacks from Iran. The conflict has forced the closure of some of the world’s most critical air corridors and hubs. Multiple nations have shut their…

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Keyamo Performs Groundbreaking Ceremony For NAMA Corporate Headquarters, Farouk Actualises Dream

Keyamo Performs Groundbreaking Ceremony For NAMA Corporate Headquarters, Farouk Actualises Dream

  The Minister of Aviation and Aerospace Development, Festus Keyamo, on Thursday, performed the groundbreaking ceremony for the new Corporate Headquarters and Air Traffic Management Centre of the Nigeria Airspace Management Agency (NAMA) at the Nnamdi Azikiwe International Airport, Abuja. Speaking at the ceremony, the Minister described the project as a tangible demonstration of the unwavering commitment of President Bola Ahmed Tinubu’s administration to aviation safety, job creation, and critical infrastructure development. He noted that…

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How back-up system solved air-to-ground communication damage-NAMA MD

How back-up system solved air-to-ground communication damage-NAMA MD

The Managing Director of the Nigerian Airspace Management Agency (NAMA), Farouk Ahmed Umar, has disclosed that the fire that engulfedTerminal I of the Murtala Muhammed International Airport, Lagos, completely destroyed the agency’s air-to-ground communication system. NAMA’s damaged communication system Speaking at the on-the-spot assessment, of the fire that gutted the Lagos airport terminal, he said NAMA engineers successfully transitioned to backup communication systems sourced from other locations, adding that this allowed controllers to resume aerodrome and approach…

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Lagos airport fire caused significant damage to critical infrastructure-Minister

Lagos airport fire caused significant damage to critical infrastructure-Minister

·         NIMET equipment in ruins, offices wiped out, mobile tower deployed The fire incident at the Murtala Muhammed International Airport (MMIA) Terminal 1 in Lagos on Monday caused significant damage to critical infrastructure.  Following an on-the-spot inspection of the burnt terminal by the Aviation Minister, Festus Keyamo, accompanied by the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs Olubunmi Kuku, the Aviation Minister confirmed that, while the building was already slated for demolition,…

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