Nigeria Archives - Page 2 of 16

Push to de-risk Nigerian aviation market for global investors

Posted on April 7, 2026 by Wole Shadare

The Nigeria Aircraft Acquisition and Investment Summit (NAAIS) 2026, which concluded In Lagos last week, the visit provided a strategic reset for the country’s aviation sector. Moving away from the high-cost model of outright aircraft purchases, it introduced a structured leasing and financing frameworks designed to de-risk the Nigerian market for global investors, writes WOLE SHADARE Orchestrated by the Minister of Aviation and Aerospace Development, Festus Keyamo, the Nigeria Aircraft Acquisition and Investment Summit (NAAIS)…

Okonjo-Iweala: Nigeria’s air connectivity index declined by 21%, lauds sector’s reforms

Posted on April 1, 2026April 1, 2026 by Wole Shadare

20% more expensive to operate within Africa than in Europe, Asia The Director-General of World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, has noted that while other African hubs have surged, Nigeria’s connectivity has notably stagnated or regressed in key metrics over the last decade. Referencing data from the International Air Transport Association (IATA), long-term tracking shows a stark divide in how Nigeria connects to the world. That specific observation hits at the core of the…

Nigeria-Accra Route: Lifeblood of Nigerian Regional Aviation

Posted on March 31, 2026March 31, 2026 by Wole Shadare

The Lagos–Accra corridor is currently the most competitive regional route in West Africa. The entry of new players and the expansion of existing ones have shifted the market from a stable duopoly into a high-frequency battleground, writes WOLE SHADARE For decades, the Lagos-Accra air corridor has been the undisputed golden route of West African aviation. With Nigerian airlines seeking dollar-denominated revenue to hedge against local-currency volatility, the 45-minute flight to Ghana has become the primary theatre…

Nigeria’s travel agencies lost N1 billion to ADMs in 2025

Posted on March 29, 2026 by Wole Shadare

At the recent PartnerPlus Connect 14.0 event in Lagos, industry leaders revealed that Nigerian travel agencies lost at least ₦1 billion to Agency Debit Memos (ADMs) in 2025. The forum, hosted by Finchglow Travels (a leading travel consolidator), brought together airlines, Global Distribution System (GDS) providers, and travel agents to address these “leaks” that are currently threatening the survival of many agencies. An Agency Debit Memo (ADM) is essentially a fine or an invoice issued by an airline to a travel agent…

Beyond The Wire: The vulnerability of Nigerian airports’ perimeter fencing

Posted on March 24, 2026 by Wole Shadare

The age-long commitment to securing Nigeria’s airport perimeters has become a saga of shifting deadlines, budget cycles, and evolving security threats. For decades, the Federal Government has identified perimeter fencing as a top priority. The government has now categorised such projects as a priority, writes WOLE SHADARE The recent security incident at Akure Airport has indeed reignited the long-standing debate over the underbelly of Nigerian aviation: perimeter security. The breach, which occurred around March 15,…

Nigeria Aviation Hall of Fame holds 2nd edition

Posted on March 17, 2026 by Wole Shadare

The Nigeria Aviation Hall of Fame (NAHF) has announced the second edition of the induction of industry leaders, slated for May 2026 The principal organiser of NAHF, Mr Wole Shadare, said in a statement in Lagos that the event will be used to recognise aviation professionals’ dedication, achievements and service to the industry. Adeoye and Shadare “This prestigious event will recognise and enshrine the class of visionaries whose contributions have fundamentally shaped the landscape of…

IRS Airlines wins disputes against 18 Nigerian insurance firms

Posted on March 12, 2026 by Wole Shadare

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…

M’ East Crisis: Qatar excludes Nigeria from emergency relief flight schedule

Posted on March 10, 2026March 10, 2026 by Wole Shadare

Given the current regional tensions and the temporary closure of Qatari airspace, Qatar Airways has indeed excluded many global destinations—including those in Nigeria—from its initial phase of relief and limited flight resumptions. The situation is fluid, but here is the breakdown of why Nigeria is currently off the schedule. Routes to Lagos and Abuja are currently not part of the emergency relief schedule. The carrier is not yet operating a full commercial schedule. Instead, they are…

20 Years. One Mission: Make Nigeria’s Travel Trade Unstoppable

Posted on February 25, 2026February 25, 2026 by Wole Shadare

Nigeria’s travel sector moves millions of passengers annually, but the infrastructure holding it together is often invisible, underfunded, and misunderstood. The gap between demand and capacity has a cost. For twenty years, Finchglow Travels has been absorbing it, pricing the fares that travel agents quote, shouldering the foreign exchange volatility that would otherwise ground small agencies, and negotiating with airlines on behalf of an industry too fragmented to negotiate for itself. Bernard This year, Finchglow…

Balkan: Our network provides Nigerian travellers with unparalleled connectivity to 356 destinations in 132 countries

Posted on February 23, 2026February 23, 2026 by Wole Shadare

Lokman Balkan is the General Manager of Turkish Airlines in Nigeria. His leadership has been characterised by a strategic focus on expanding the airline’s footprint in Africa and improving the passenger experience for Nigerian travellers. In this interview with WOLE SHADARE in his Lagos office, he speaks on aggressive expansion of the carrier with the airline hitting record global passenger numbers—surpassing 92 million in 2025—with integrated Nigerian culture into the skies Many travellers now prioritise comfort, flexibility, and…

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