In its latest “Shipping Position’’ released on Friday in Lagos the Nigerian Ports Authority (NPA) stated that twenty-five ships are discharging petroleum products and other commodities at Apapa and Tin-Can Island ports in Lagos. The NPA said that the vessels were discharging buck wheat, general cargo, petrol, containers, bulk maize, empty container,
Month: August 2017
Kenyan witnesses increased domestic aviation this year
Nigeria Leads in e-commerce opportunity In Africa
Nigeria is in pole position to take advantage of the Africa region’s e-commerce potential projected to reach $50 – $75 billion within the next 5-10 years, according to the latest research by the Economist Intelligence Unit (EIU). The report which relied on data generated by the research and analysis division of
Ethiopian Airlines Targets $10bn Revenue, 146 Destinations
Known for over-reaching its targets, Africa's most successful carrier, Ethiopian Airline has said it is working to be a 10 billion dollar profit making organization, fly 120 international and 26 domestic destinations by 2025. But the airline, which has remained the most profitable operator in the continent, has actualized its set
Volkswagen led Top 10 Automakers For June 2017
Reports of the imminent loss of Volkswagen’s worldwide sales crown are exaggerated, global data house JATO Dynamics suggests in its list of the top 10 global automakers. Volkswagen Group is firmly in the top position on this list, while Renault-Nissan and Toyota are neck-and-neck in the next two places. Also: “Peak
Nigeria’s Aviation sector supports 650,800 jobs, contributes $8.2bn to GDP
The International Air Transport Association (IATA) has declared that Nigeria’s air transport sector has contributed $8.2 billion to the economy of the country while supporting over 650, 800 jobs. The aviation world body’s Regional Vice President for the Middle East and Africa, Muhammad Ali Albakri, who last week led a delegation
Why Domestic, International air travels are declining
According to an analysis of top 10 international airports in Africa by ForwardKeys, in the coming five months from August to December 2017, there will be 16 per cent fewer airline seats on domestic routes and 9 per cent fewer seats on international routes to and from Lagos. Domestic and international
How Nigerian Airlines Spend N50bn Yearly Overseas on Aircraft Maintenance
The low value of the naira according to a THISDAY newspaper report has increased the cost of overseas aircraft maintenance to over N50 billion annually, Nigerian airline operators have said. They noted that the cost would have been higher if many of the airlines did not shut down their operations in
Lagos-Badagry Expressway Project On Course
Nigeria, Lagos/Badagry Expressway expansion projects being handled by the Contractor, The China Civil Engineering and Construction Company (CCECC) through one of its official Mr. Izuchukwu Obioma assured Lagos residents that the project would be delivered on schedule. The contract for the rehabilitation of the Lagos/Badagry Expressway was awarded in 2009
UBER SUSPENDED IN THE PHILIPPINES
...... VIOLATED NEW DRIVERS REGISTRATION RULES Ride-Sharing Services App"Uber" has been suspended of its accreditation and operation for one month over its violation of a ban on new drivers in the Philippines. The Land Transportation Franchising and Regulatory Board (LTFRB) did not give a reason for its decision, which came amid regulatory