Top Stories Archives - Page 12 of 601

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

Posted on March 4, 2026 by Wole Shadare

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…

Iran/Israeli Crossfire: Triggering ricochet effect in airlines’ boardrooms

Posted on March 3, 2026March 3, 2026 by Wole Shadare

The war’s ricochet effect is being felt in boardrooms from Atlanta to Tokyo, from the Gulf Region to Africa. Jet fuel prices have surged by 8% in 48 hours, and global cargo supply chains, already strained, are bracing for a massive backlog of high-value electronics and perishables usually moved through Gulf hubs, writes WOLE SHADARE For decades, the midnight rush at Dubai International Airport (DXB) was the heartbeat of global travel—a synchronised ballet of A380S ferrying…

Cashless policy: Failed electronic transfers persist, users frustrated, FAAN works on solution to crisis

Posted on March 2, 2026March 2, 2026 by Wole Shadare

Minister apologises, assures policy success Why contactless payments are faster-FAAN MD Travellers lament delays, bottlenecks For decades, the sound of the Nigerian airport experience was defined by the clinking of coins and the rustling of naira notes at toll gates. But as of March 1, 2026, that sound has been replaced by the digital beep of scanners and, more recently, the frustrated honking…

Report: Despite traffic boom, airport profits thin

Posted on March 2, 2026March 2, 2026 by Wole Shadare

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…

Our emergency response to MMIA Terminal 1 fire was very good-Capt. Mahmood

Posted on March 2, 2026 by Wole Shadare

Captain Abdullahi Zubeir Mahmood is the Director of Airport Operations at the Federal Airports Authority of Nigeria (FAAN). In this interview with WOLE SHADARE, he speaks about the fire that gutted the Murtala Muhammed International Airport Terminal 1 last week and how the coordination by various groups in the aviation ecosystem helped to avert what would have amounted to a national tragedy and other issues concerning the inferno The fire incident at MMIA last week caused significant…

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

Posted on February 28, 2026February 28, 2026 by Wole Shadare

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…

FCCPC Uncovers Price Manipulation By Airlines During 2025 Festive Season

Posted on February 26, 2026February 26, 2026 by Wole Shadare

Carriers to face heavy fines over exploitative fares The Federal Competition and Consumer Protection Commission (FCCPC) released an interim report on February 26, 2026, uncovering significant patterns of price manipulation by domestic airlines during the December 2025 festive season. While the Commission has not yet issued the final fines, it has established a legal basis for significant penalties under the FCCPA 2018. The investigation, led by Executive Vice Chairman Tunji Bello, concluded that while demand…

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

Posted on February 26, 2026 by Wole Shadare

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…

Aviation Minister Presents ₦184.39BN 2026 Budget Proposal To N’Assembly

Posted on February 26, 2026February 26, 2026 by Wole Shadare

The Minister of Aviation and Aerospace Development, Festus Keyamo, has presented the sum of ₦184,392,160,433.00 as the Ministry’s proposed 2026 budget to the joint Senate and House of Representatives Committees on Aviation. Presenting the proposal at the National Assembly, the Minister expressed appreciation to the Committees for their unwavering support and cooperation since the current administration’s inception. He reiterated the Ministry’s commitment to sustaining a strong partnership with the National Assembly in advancing the growth…

United moves to stop United Nigeria’s US launch, over trademark concerns, others

Posted on February 26, 2026February 26, 2026 by Wole Shadare

Chicago-based carrier filed objection notice Feb 25 In a significant move that highlights the competitive tensions of the Lagos–New York route, United Airlines has formally petitioned the U.S. Department of Transportation (DOT) to block United Nigeria Airlines from launching flights to the United States. The Chicago-based carrier filed its objection on February 25, 2026, shortly after United Nigeria Airlines (UNA) announced ambitious plans to begin direct services from Lagos to New York by the end of the second quarter…

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