Domestic airlines have completed the necessary documentation for loan request at the Central Bank of Nigeria (CBN), which the apex bank is offering to the airlines at five per cent interest rate. The intervention is expected to commence next January. Some airlines are hoping to benefit from the palliative, which government is expected to offer […]
There is one thing that is key as Nigerian airlines look forward to resuming flight operations on June 21. That is how to protect passengers from contracting coronavirus while boarding flights or while airborne. The regulatory agencies and service providers have sent out guidelines on how business activities would be conducted and the Nigerian Civil […]
The National Association of Nigerian Travel Agencies (NANTA) has called on the federal government to grant travel agencies access to interest-free loans introduced recently by the Central Bank of Nigeria (CBN) to cushion the impact of the CoVID-19 epidemic. The association lamented that due to downturn of business occasioned by the virus ravaging the world, […]
Last week, there were reports that investors were interested in investing in the airlines which the Assets Management Corporation of Nigeria (AMCON) took over, particularly Nigeria’s biggest carrier, Arik Air. Writer examines the issues leading to the takeover of the airline by AMCON and the implications of its possible sale Minister of Finance, Mrs. Kemi Adeosun, […]
The Chief Executive Officer of Mouka, Ray Murphy, x-rays the current state of Nigeria’s economy, expressing hope that the country is coming out of the woods. He also spoke on the business strategy his company adopted to remain afloat at the peak of the recession last year. The economic recession has adversely affected the […]
