$800m stuck funds: Federal Govt directs CBN to settle foreign airlines’ backlog

• Woos aviation investors with tax holidays, other incentives • IATA ranks Nigeria highest in airport charges in Africa President Bola Tinubu, yesterday, directed the Central Bank of Nigeria (CBN) to create a platform for quarterly reconciliatory meetings with foreign airlines, towards settling accumulated trapped funds. Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed […]

Read more

Cautious optimism as FG adopts piecemeal negotiation out of $800m stuck funds

Infographic illustration of President Tinubu’s new deals with UAE • Emirates, Etihad to resume flight operations as UAE lifts visa ban on Nigeria • UAE keeps mum on gains • FG, UAE may explore Egypt’s bailout option • Stakeholders demand sustainable solution, win-win relations Almost a year after it imposed a visa ban on Nigeria […]

Read more

Abuja Airport second runway for completion in 12 months

Nnamdi Azikiwe International Airport (NAIA), Abuja terminal As part of its commitment to ongoing projects in the air transport sector, the Federal Government has assured that the second runway of the Nnamdi Azikiwe International Airport (NAIA), Abuja, would be ready in 12 months. The Minister of Aviation and Aerospace Development, Festus Keyamo, on a tour […]

Read more

NCAA deploys national aviation safety reporting system

Capt Nuhu Musa, The Director General of Nigeria Civil Aviation Authority (NCAA) Nigeria Civil Aviation Authority (NCAA) has deployed the national aviation safety reporting system for both mandatory and voluntary reports. The deployment was announced in All Operators Letter (AOL) referenced NCAA/DG/AIR/11/16/341 dated 25th August, 2025 addressed to all aviation stakeholders and the general public. […]

Read more

Overpriced airfares, N795/$ exchange rate foreclose holiday trips for average Nigerians

Nigerians are leaving the country in droves As summer travels rev up globally and one of the busiest periods in the post-pandemic era in sight, overseas holidays are fast becoming a luxury that many Nigerians can no longer afford. Despite inflation and airfares surging past pay grades and holiday savings, the Lagos and Abuja international […]

Read more

Air travelers to undergo blood pressure, sugar level checks pre-boarding

The House of Representatives has passed a motion to subject air passengers to blood and sugar levels tests before boarding. The motion moved by Rep. Kalejaiye Paul during Tuesday’s plenary in Abuja urged the Federal Ministry of Aviation to ensure that passengers at airports undergo necessary checks before. The motion, titled: “Need to Make Provision […]

Read more

With only six airline occupants, $100m MMIA terminal still underutilised

MMIA new terminal interior About 15 months after its official opening, the new terminal at the Murtala Muhammed International Airport (MMIA) is still largely deserted. As at the last check by The Guardian, only six airlines – all African carriers – currently occupy the edifice built at the estimated cost of $100 million. For the […]

Read more

IATA rolls out initiative to enhance aviation safety in Africa

The International Air Transport Association (IATA) has launched the Collaborative Aviation Safety Improvement Programme (CASIP) to reduce accident and serious incident rates across Africa as part of the Focus Africa initiative. Launch partners in the programme are the International Civil Aviation Organisation (ICAO), The African Civil Aviation Commission (AFCAC), The U.S. Federal Aviation Administration (FAA), […]

Read more

Like Nigeria, foreign airlines warn Ethiopia over $95m stuck fund, consequences

After a long-drawn battle in Nigeria, foreign airlines are beginning to turn the heat on Ethiopia over a $95 million stuck fund. Though the blocked fund is a small fraction compared to over $800 million stranded in Nigeria, the carriers said the development would continue to have dire consequences on the East African country – […]

Read more

Airfares skyrocket as exchange rate hits N702/$

Airfares on Nigeria routes to various destinations in Europe, North America, the Middle East, and other foreign cities have skyrocketed as the exchange rate for ticket pricing hits N702/$, according to findings. The development came barely one week after the Central Bank of Nigeria floated the naira and directed commercial banks to sell foreign exchange […]

Read more