Lloyd’s of London, the world’s leading insurance market, has issued a warning to Nigerian airline operators that it might be forced to blacklist the country in the face of continued failure of some operators to fulfill their obligations of paying their premiums to the insurer regularly. Nigerian airlines have been finding it increasingly difficult to […]
The Federal Government has assured the players in the aviation sector, especially the foreign carriers that the current challenges are temporary. The Minister of State (Aviation), Sen Hadi Sirika gave this assurance during the visit of the Regional manager for Emirates Airlines, Manoj Gopi Nair in his office yesterday. This is according to a statement by […]
International carriers that operate to different destinations in the country have called on the federal government to give them standard exchange rate for the repatriation of revenues earned from ticket sales or they would be forced to leave Nigeria. The Sales Manager of Emirates Airlines, Eghe Ekhator, issued the threat, why explaining the reasons […]
Although domestic airlines have expressed satisfaction over their recent inclusion in the interbank FX market, they have however argued that its implementation is a totally different ballgame. It was an elated Minister of State, Aviation, Senator Hadi Sirika that conveyed the good news last weekend that the Central Bank of Nigeria (CBN) had included domestic […]
After months of agitation the federal government has included airlines in the Interbank Foreign Exchange Market, which means that they would now be given priority when they request for foreign exchange, along with others also shortlisted. The Minister of State, Aviation, Senator Hadi Sirika made this known at the weekend and said that it was […]