May 9, 2021
  • May 9, 2021

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Airlines operators groan under burden of dollar shortage

by on March 24, 2021 0
By Oludare Mayowa   Foreign exchange shortages despite assurance from the Central Bank of Nigeria (CBN) continue to constrain the growth of domestic airlines. Many airlines both local and international are finding it difficult to access foreign exchange to carry out maintenance of their fleets while international operators are still finding it difficult to... Read More

Nigeria’s Air Peace to resume flights to Accra on March 15

by on March 3, 2021 0
Nigeria’s Air Peace said it would resume daily flight operations into Accra from its Lagos hub on March 15. The airline in a statement also said it’s set to kick off scheduled flights into Ilorin from Abuja and Lagos. The statement noted that the Lagos-Accra flight would depart daily at 07:00hrs while the Accra-Lagos... Read More

2020 Finance Act: Nigeria excludes airfares from 7.5% VAT

by on January 12, 2021 0
Nigeria has excluded air flight tickets from payment 7.5 percent Valued Added Tax (VAT) as some airlines prepare to slash airfare on domestic operations. The exclusion of airfare from VAT was part of the provision in the newly signed 2020 Finance Act, which became effective from January 1, 2021. Operators in the sector said... Read More

COVID-19 pandemic offers African aviation a chance to reset~AfDB

by on December 5, 2020 0
Africa’s aviation industry represents a huge market that the continent’s airlines need to exploit more fully, with technology and AI offering the way forward for expansion, regional development experts said Thursday. “Technology and smart technologies are offering this fantastic opportunity, so let’s make use of AI, let’s make use of the Internet of Things,... Read More