Transport

Ethiopian airlines targets $10bn revenue by 2025

Ethiopian Airline says it is working to be a 10 billion dollar profit making organisation, fly 120 international and 26 domestic destinations by 2025.

19 ships with petrol, food items to arrive Lagos ports

A total of 19 ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island ports in Lagos from Aug. 14 to Aug. 28.

Akerodolu commends Air Peace for extending flight operations to Akure

Gov. Rotimi Akerodolu of Ondo State has commended Air Peace for extending its domestic flight operations to Akure, the state capital.

Bond investors give Tesla a $1.8 billion endorsement

Bond investors on Friday gave a $1.8 billion boost to Tesla Inc’s balance sheet by snapping up the electric car maker’s first foray into the U.S. junk bond market, where yield-hungry investors have raced to lock in relatively higher returns.

Fed govt fires managers of Abuja-Kaduna rail over extortion

The Federal Government, Friday, sacked the Manager of Idu and Rigasa train station including all the ticket sellers and porters involved in extorting money from passengers.

National carrier will grow Nigeria’s economy – Amaechi

Rotimi Amaechi, minister of transportation, says the establishment of a national carrier will grow Nigeria’s economy.

Minister orders sack of rail workers over ticket racketeering

The Minister of Transportation, Mr Rotimi Amaechi, has directed that the station managers, porters, and ticket officials at Idu and Rigasa rail stations be removed for alleged ticket racketeering at the stations.

US company offers to fund renewed search for MH370

Relatives of passengers aboard missing flight MH370 have demanded Malaysia accept a US exploration firm's offer to take up the hunt for the aircraft, which was suspended earlier this year.

NPA chief emerges VP of Int’l Association of Ports and Harbors

Hadiza Bala Usman, managing director of the Nigerian Ports Authority (NPA), has emerged vice-president (Africa Region) of the International Association of Ports and Harbors (IAPH).

Services across states through rail to start soon – Amaechi

The Minister of Transportation, Mr Rotimi Amaechi, says the Federal Government will soon ensure that all the states are connected to rail services very soon to enhance commercial activities.

Local contractors excluded from $20bn rail projects

The Federal Government is breaching its own local content policy in the construction of over $20 billion rail tracks across the country, as indigenous firms are being excluded from the execution of the projects.

No explosion at Lagos airport – FAAN

The Federal Airports Authority of Nigeria (FAAN) has declared that there was no explosion at the Hajj /Cargo axis of the Murtala Muhammed International Airport, Ikeja, Lagos.

Med-View Airline grows half-year profit to N857m

Med-View Airline Plc has reported a growth of 27 per cent in profit after tax (PAT) to N857 million for the half year ended June 30, 2017, compared with N672 million in the corresponding period of 2016.

Abuja-Kaduna rail line generating N1 million daily – Amaechi

The Abuja to Kaduna rail line now generates N1 million daily, the Minister of Transportation, Rotimi Amaechi, disclosed.

Itakpe-Ajaokuta-Warri rail line to start operation in June 2018 – minister

The Minister of Transportation, Rotimi Amaechi, on Monday said the Itakpe-Ajaokuta-Warri standard gauge rail lines would start commercial operation in June 2018.

Arik Air gets fresh international certification

Arik Air has become the latest African airline to be listed on the International Air Transport Association (IATA) ground operations manual (IGOM) registry.

27 ships laden with petroleum products, food items expected in Lagos

A total 27 ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island Ports in Lagos from Aug. 7 to Aug. 21.

Air Peace to begin Akure flights on Aug. 11

A Nigerian carrier, Air Peace, will on Aug. 11 begin scheduled commercial flight operations to the Akure Airport in Ondo.

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Medical council validates four coronavirus test kits – registrar

The Medical Laboratory Science Council of Nigeria (MLSCN) says it has validated four Rapid Test Kits to determine their suitability for testing SAR-COV-2 infection popularly known as COVID-19 in the country.
Legendary reggae artiste, Majekodunmi Fasheke, aka Majek Fashek is dead. The artiste died in a New York hospital after a protracted illness on Monday about 5-45pm. He was aged 71.

Nigerian celebrities mourn deceased Majek Fashek

Nigerian celebrities have taken to their social media platforms to mourn the death of Music Legend, Majekodunmi Fasheke, a.k.a Majek Fashek.
Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.

Rwanda set to announce new coronavirus restrictions

Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.
Nigerian President Muhammadu Buhari3

Nigeria declares telecoms facilities critical national Infrastructure

In response to the yearnings of industry stakeholders to declare telecom facilities Critical National Infrastructure, President Muhammadu Buhari, has finally approved and also directed that necessary physical protective measures be put in place to safeguard telecommunications infrastructure deployed across the country.
President Muhammadu Buhari has again, addressed Nigerians on the efforts of its government to contain the coronavirus pandemic (covid-19) that is ravaging the country 4

ASCAB: President Buhari’s speech underestimate Sani Abacha’s $5 billion loot

Alliance for Surviv­ing COVID-19 and Beyond, (ASCAB), a group led by prominent Nigerian human rights lawyer, Femi Falana has said that President Mu­hammadu Buhari’s claim that late dictator, Sani Abacha, stole $1 billion con­tradicts the figures earlier released by his own officials.