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NOVA Merchant Bank Lists Bond On Nigerian Stock Exchange

Posted on June 8, 2021 by Wole Shadare

NOVA Merchant Bank recently concluded the listing of its N10 billion 7-Year Subordinated Unsecured Bond on the Nigeria Stock Exchange. This milestone was marked by the Bank partaking in the closing gong ceremony held remotely with Mr. Nath Ude MD/CEO NOVA Merchant Bank, Olumide Bolumole Divisional Head Listings Business NGX Limited, Peter Ashade Group CEO United Capital Plc and Rasheed Yusuf Doyen of the Nigerian Capital Market in attendance. This listing follows the recent reaffirmation…

Bad weather forces Abuja bound British Airways to divert to Lagos

Posted on June 8, 2021 by Wole Shadare

A British Airways’ Abuja bound flight early this morning made a diversion to Murtala Muhammed International Airport, Lagos, following bad weather. Flight diversions are necessary procedure in aviation whenever the flight crew feels there is a need to do so, to save passengers and aircraft. Civil aviation permits that just as flight crew are trained to take safe precautionary measures during flight operations. Aviation Metric gathered that the diversion happened some minutes to 5am…

Mega carrier CEOs, Heathrow airport seek re-opening of transatlantic travel

Posted on June 7, 2021June 7, 2021 by Wole Shadare

The CEOs of all airlines that offer UK-US passenger services – American Airlines, British Airways, Delta Air Lines, JetBlue, United Airlines and Virgin Atlantic joined today with Heathrow Airport and other industry-leading CEOs in calling for the re-opening of transatlantic travel, a move that will be essential to igniting economic recovery. Top leaders in aviation and travel came together ahead of the G7 meeting in Cornwall later this week to push for the reopening of…

FAAN acquires equipment to reduce bird strike incidents at airports

Posted on June 7, 2021 by Wole Shadare

In a bid to improve on safety of flight operations by effectively managing birds/wildlife hazards at the nation’s airports, the Federal Airports Authority of Nigeria (FAAN) has commissioned some birds/wildlife equipment. At an event held at FAAN’s headquarters annex in Lagos, the Managing Director of the Authority, Captain Rabiu Yadudu, who was represented by the Director of Commercial and Business Development, Alhaji Sadiku Rafindadi noted that the equipment are some of the best you can…

Aircraft Operations Must Not Suffer From Political Interference

Posted on June 6, 2021 by Wole Shadare

Maintain separation between politics and aviation safety, IATA tells EASA The International Air Transport Association (IATA) called on the European Aviation Safety Agency (EASA) to maintain the critical separation between politics and aviation safety issues. The call followed the latest development in events following the incident when Ryanair FR4978 was intercepted over Belarus Airspace and forced to land in Minsk. On 2 June, EASA replaced its recommendation (Safety Information Bulletin) for European airlines to…

Share template of electoral transition, Okorocha charges NANTA

Posted on June 6, 2021June 6, 2021 by Wole Shadare

Senate Committee Chairman and immediate former Governor of Imo state, Rochas Okorocha, said time had come for the leadership of National Association of Nigeria Travel Agencies (NANTA) to share its template of progressive electoral transition process devoid of rancrour in the past 45 years with Nigeria. Okorocha charged NANTA to spread its wings of collaboration and partnership in Initiating legacy projects that focuses on children and use same as spring board for cultural exchanges,…

Int’l air travel in distress, as SITA shut CUPP system over debt

Posted on June 6, 2021June 6, 2021 by Wole Shadare

Foreign carriers import check-in backup system FAAN seeks travellers’ understanding Foreign airlines operating out of the country are going through hectic time with passenger facilitation and quick departure of passengers following the coming to end of ten year contractual agreement between the Federal Airports Authority of Nigeria (FAAN) and Societe International Telecommunication Aeronautiques (SITA) for automation of the international airports in Nigeria which came to an end on May 2, 2021. Consequently,…

Hero MotorCorp Reinvigorates Operations In Nigeria

Posted on June 3, 2021June 6, 2021 by Wole Shadare

Launches Developed For Nigeria Motorcycles Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, today announced its reinvigorated strategy for the Nigeria market. Building on its aggressive strategy to have a robust market presence, the New Delhi (India)-headquartered company also launched a new motorcycle that is developed especially for the Nigerian market. The diversified KewalramChanrai Group is the exclusive distributor of Hero MotoCorp in Nigeria. With its extensive experience in the automotive sector spanning several…

Ethiopian cargo plane averts collision, skids off taxi-way at Lagos airport

Posted on June 3, 2021June 3, 2021 by Wole Shadare

A ground collision was averted Wednesday when a cargo Ethiopian airline (ET-ASL) from Addis Ababa veered off the taxi-way and got stuck in a mud at the Murtala Muhammed International Airport, Lagos. Ground collision is one that occurs while an aircraft is taxiing to or from a runway in use. While most occurrences on airport aprons and taxiways do not have consequences in terms of loss of life, they are often associated with aircraft damage,…

Green Africa acquires third ATR 72-600s from ACIA, prepares for inaugural flight

Posted on June 3, 2021June 23, 2021 by Wole Shadare

New entrant, Green Africa has completed acceptance of Three ATR 72-600s From ACIA Aero Leasing in Preparation for Entry-Into-Service as the airline’s third aircraft with registration ZS-XZC /5N-GAD arrived in Lagos on today. Amid the pandemic-induced market disruption, Green Africa laid out a road-map for market entry by deploying ACIA’s ATR aircraft to deliver affordable, short-haul connectivity between Nigerian cities to stimulate the region’s economic development and business activity. Babawande Afolabi, Founder & Chief Executive Officer of Green Africa, said: “Receiving our third aircraft today signifies…

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