Top Stories Archives - Page 28 of 617

Nwosu-Igbo exits FAAN in blaze of glory

Posted on March 8, 2026March 8, 2026 by Wole Shadare

Saturday, March 7, 2026, marked the end of an era at the Federal Airports Authority of Nigeria (FAAN) as Mrs Ijeoma Blessing Nwosu-Igbo, the General Manager of Public Affairs, officially retired after more than two decades of meritorious service. The “Pen-Down” ceremony held at the FAAN Headquarters in Lagos was described by colleagues and industry stakeholders as a celebratory blaze of glory for a woman who has been a central pillar of aviation communication…

CITA gets triple ISO crown certifications

Posted on March 8, 2026 by Wole Shadare

CITA Energies Limited, a prominent player in Nigeria’s aviation fueling sector, has officially secured a prestigious “triple crown” of international certifications. The awards were presented on Friday, March 6, 2026, at a ceremony held at the NIGAV Centre, Murtala Muhammed International Airport, Lagos. This milestone effectively aligns CITA’s operations across 15 airfields in Nigeria with the highest global benchmarks for quality, safety, and sustainability. The certifications, audited and issued by BlueStar Management Systems and…

AfDB unveils regional Sukuk platform to finance continent’s aviation

Posted on March 6, 2026 by Wole Shadare

IATP to de-risk investments, to attract private, institutional capital The African Development Bank Group (AfDB) has officially launched the Integrated Aviation Transformation Program (IATP), a major continent-wide initiative designed to address the structural bottlenecks and high costs that have historically hindered African aviation. Unveiled during the Airlines, Capital and Connectivity Forum in Nairobi (held February 25–26, 2026), this platform aims to mobilise billions of dollars to modernise the sector and improve regional connectivity….

Turkish Airlines Becomes Launch Partner of Google for Next-Generation Baggage Locating Experience

Posted on March 5, 2026 by Wole Shadare

Turkish Airlines, the airline flying to more countries than any other, has entered into a collaboration with Google, marking yet another milestone in its digital transformation journey aimed at enhancing the travel experience for its guests. As a launch partner of Google’s new Find Hub “share item location feature, Turkish Airlines now accepts Find Hub-generated location links as part of its official baggage recovery process, enabling faster and more efficient resolution for guests with misplaced…

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

Posted on March 5, 2026 by Wole Shadare

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…

Source: How pressure from Finance Ministry caused FAAN’s cashless policy setback

Posted on March 5, 2026March 5, 2026 by Wole Shadare

The pressure from the Ministry of Finance, through a memo to the Federal Airports Authority of Nigeria (FAAN), for a March 1, 2026, deadline, without adequate preparation and infrastructure for the cashless policy at the two major airports in Lagos and Abuja, has been attributed to a catastrophic failure of the entire process. A source who was privy to the memo between the office of the Ministry of Finance but who pleaded anonymity because he…

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…

« 1 … 26 27 28 29 30 … 617 »