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.

Recent Stories

Bukola Saraki

2023: We will bring prominent leaders, youths into PDP’s fold – Senator Saraki

As political parties begin skeletal preparations for the 2023 general elections, immediate past President of the Senate, Dr. Bukola Saraki, has promised to woo political stakeholders, youths, businessmen among others to the fold of the Peoples Democratic Party, PDP, in its push for a return to power at the centre.
Isoko people under the auspices of Isoko Ethnic Nationality Movement, IENM, weekend, described Deputy President of the Nigerian Senate, Senator Ovie Omo-Agege as God’s special gift to Deltans.

Senator Omo-Agege: Why National Assembly can’t offer brand new constitution

Those agigating for a brand new Constitution in Nigeria may have to perish the thought as the National Assembly lacks the powers to do so, Deputy President of the Senate, Senator Ovie Omo-Agege has said.
Ahmad said the Executive Chairman of FIRS, Muhammad Nami, disclosed this at the inauguration of the Inter-Ministerial Committee on Audit and Recovery of Back Years Stamp Duties and the unveiling of the FIRS Adhesive Stamp in Abuja.

FIRS closes tax waiver window December 31 – chairman

The Federal Inland Revenue Service (FIRS) said on Wednesday that the window of opportunity for “waivers of penalties and interest on outstanding taxes arising from desk examinations, audit exercises, investigations or all other forms of tax assessment” will close on December 31, 2020.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

Nigerian government makes U-turn, says vehicle owners to pay for autogas conversion

Justice Derefaka, technical adviser on gas business and policy implementation to minister of state for petroleum resources, Timipre Sylva, disclosed this on Wednesday when he featured on Sunrise Daily, a programme on Channels TV.
Arsenal are hoping to ‘nick’ Anthony Joshua’s heavyweight world title clash with Kubrat Pulev from North London rivals Tottenham, Eddie Hearn has admitted.

1,000 fans to watch Anthony Joshua vs Kubrat Pulev bout at Wembley

1,000 fans will watch Anthony Joshua defend his three world titles against Kubrat Pulev at the Wembley Arena next weekend.