The Federal Airports Authority of Nigeria (FAAN) has announced it has introduced cashless payments in all its revenue channels and it is poised to enforce the payment of newly introduced tariffs in coming weeks. The agency said that in order to multiply its revenue it must close all possible leakages and in addition to that; […]
The management of MallamAminu Kano International Airport, Kano (MAKIA), has disclosed that the airport processed a total of 39, 159 passengers in 2024, made up 20, 472 inbound domestic passengers and 18, 687 inbound international passengers during the period, which amounted to over N20.83 billion revenue generated, as against the targeted N17.3 billion. The Regional […]
488 commercial aircraft delivered in 9m 2023 Revenues € 42.6 billion; EBIT Adjusted € 3.6 billion EBIT (reported) € 2.7 billion; EPS (reported) € 2.96 Free cash flow before M&A and customer financing € 1.0 billion Charges on certain satellite development programmes Guidance maintained Airbus SE (stock exchange symbol: AIR) reported consolidated financial results for the […]
The Federal Airports Authority of Nigeria (FAAN) is cash strapped and cannot fund rehabilitation of airport facilities due to the deduction of 40 per cent of its Internally Generated Revenue by the federal government. This was disclosed by former Deputy Director of Finance, FAAN, Philip Emeto who retired recently from the agency. He said that […]
The Murtala Muhammed International Airport (MMIA) Lagos Area Command of Nigeria Customs Service (NCS) has announced that it generated N1.95 billion in November. In a statement signed by Command’s spokesperson, Juliana Destiny Tomo, the Comptroller, Malami Gidado, said the command recorded a significant increase of N350.53 million over its collection for the month of October, […]
