EFCC Arik Case: Witness Hints At RM Nominee’s Role In NG Eagle Share Structure

EFCC Arik Case: Witness Hints At RM Nominee’s Role In NG Eagle Share Structure

The fourth prosecution witness in the ongoing trial of former AMCON Managing Director, Ahmed Kuru, on Monday continued to give the Special Offences Court in Ikeja, Lagos, ‘fresh insight’ into how the structure and equity of NG Eagle Airlines was set up. In his testimony, the Economic and Financial Crimes Commission (EFCC) Investigative Officer, Bawa Usman Kaltungo testified that this arrangement entails the Receiver Manager’s nominee having a shareholding arrangement of NG Eagle of “one…

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OPINION: It’s turbulent but not dangerous

OPINION: It’s turbulent but not dangerous

A message for the International Civil Aviation Day As we mark International Civil Aviation Day, it is important to reinforce the fact that aviation remains the most reliable, effective, efficient, and safest mode of transportation in the world. Air turbulence may feel uncomfortable, but it is a normal part of flight, one for which aircraft are designed, and pilots are expertly trained. Air Turbulence remains one of the most misunderstood aspects of air travel. For…

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Free Route Airspace implementation in West, Central Africa begins

Free Route Airspace implementation in West, Central Africa begins

The African Airlines Association (AFRAA) has ushered in a new era of African aviation with the full operational deployment of Free Route Airspace (FRA) in the Western and Central Africa (WACAF) region, effective October 30, 2025. Free Route Airspace (FRA) is a modern airspace design allowing airlines to plan more direct flight paths between entry/exit points, bypassing traditional, fixed airways for greater efficiency, fuel savings, and reduced emissions, by using User Preferred Routes (UPRs) and…

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Over 75% wet-leased airplanes operating in Nigeria

Over 75% wet-leased airplanes operating in Nigeria

• CTC gains may take five years, says Aero MD, Capt Sanusi • Laments huge capital flight • Dry-lease deal not retroactive-Aligbe For years, the sleek, modern jets that crisscrossed the nation’s major cities were often just fleeting shadows, wearing the livery of a local carrier but flown, maintained, and insured by a foreign lessor. This expensive arrangement, known as a wet lease (Aircraft, Crew, Maintenance, and Insurance – ACMI), became the default, not by…

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Kila at public lecture seeks youths’ growth as Dangote, FAAN boss, others bag excellence awards.

Kila at public lecture seeks youths’ growth as Dangote, FAAN boss, others bag excellence awards.

Director of the Commonwealth Institute of Advanced and Professional Studies (CIAPS), Prof. Anthony Kila, has emphasised the critical need for a national and institutional shift towards deliberate excellence. Kila stated this at the Commonwealth Institute End-Of-The-Year public lecture and awards ceremony held in Lagos on December 4, 2025, at the Nigerian Institute of International Affairs, Lagos. The NIIA auditorium buzzed with anticipation as students, academics, and professionals from different sectors. The theme, “Creating a Culture…

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Nigeria, Boeing sign deal to stem $200 million annual overseas aircraft repairs

Nigeria, Boeing sign deal to stem $200 million annual overseas aircraft repairs

• Minister unveils gains of Nigeria’s first int’l airshow The Federal Government has signed agreements with aircraft giant, Boeing and Cranfield University to establish state-of-the-art aircraft maintenance facility otherwise known as aircraft Maintenance Repair Overhaul (MRO) saying it would help in reducing the $200 million annual capital flight for aircraft overseas. The government disclosed that Aero Contractors and XEJet are leading this transformation with new hubs in Lagos and Abuja. President Bola Tinubu who was…

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Inside High-Stakes Nigeria’s First International Airshow

Inside High-Stakes Nigeria’s First International Airshow

Far from a mere spectacle of aerial acrobatics, the Nigerian international airshow is a high-stakes, multi-billion-dollar global marketplace, a diplomatic arena, and the engine room of the future of flight, writes WOLE SHADARE Historically, while Nigeria has a strong aviation sector dating back 100 years (celebrating a century of aviation in 2025), it has not hosted a major, internationally recognised International Air Show on the scale of events like Dubai, Farnborough, or Paris—until very recently….

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Why Nigeria recorded over 160 airline collapses since deregulation- Minister

Why Nigeria recorded over 160 airline collapses since deregulation- Minister

..Says carriers hampered by infrastructure challenges The Minister of Aviation and Aerospace Development, Festus Keyamo, said the deregulation of the airline industry in the mid-1980s and early 1990s led to many people entering the industry without much experience. The opening of the floodgates, he said, also saw to the collapse of so many early carriers, adding that the failure of airline owners during that period, which led to high airline mortality, forced many Nigerian carriers…

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State-owned airlines signpost new era in Nigerian aviation

State-owned airlines signpost new era in Nigerian aviation

Survival higher if professionally run Stakeholders: Ibom Air model for state carriers Lagos, Anambra, Ebonyi, others moot idea   In a significant shift within Nigeria’s aviation sector, a growing number of state governments are moving beyond airport development and are now actively establishing or partnering to set up their own airlines. This trend, spearheaded by successes such as Ibom Air, signals a renewed government interest in a sector previously dominated by private enterprise following the…

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Aviation sector grappling with inflation, Forex volatility, says Aboderin

Aviation sector grappling with inflation, Forex volatility, says Aboderin

SAHCO announces ₦31.7 billion revenue The Managing Director of Skyway Aviation Handling Company (SAHCO) Plc, Mrs Adenike Aboderin, said the industry is grappling with inflation, higher utility costs, foreign-exchange volatility, and the burden of acquiring equipment and spare parts priced in foreign currency. She said these issues have continued to weigh heavily on handling companies, yet SAHCO has managed to sustain growth. “Despite that, SAHCO continues to deliver value to its stakeholders, shareholders, clients and airlines…

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