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Transport - Page 6

FCCPC Clarifies One-Month Moratorium On Exploitative Pricing Amid Economic Challenges

Exploitative Air Fares: FCCPC Expands Investigation into Airline Ticket Pricing

The Federal Competition and Consumer Protection Commission (FCCPC) has expanded the scope of its ongoing investigation into airline ticket pricing on select domestic routes, following mounting public complaints over sharp fare increases ahead of the festive season, Prime Business Africa reports. In

December 13, 2025

Why Nigerian Airlines Have Been Unable To Compete With Foreign Operators - Keyamo

Business·News·Transport

Airlines Brace For Fare Hikes Amid Soaring Fuel Costs, Forex Crisis

In the face of mounting challenges, Nigeria’s airline operators are signaling potential fare increases as aviation fuel prices surge above N1300 per litre. Obiora Okonkwo, spokesperson for local airlines, stated on Friday urging immediate government intervention to avert a crisis in the

February 10, 2024

Business·FEATURES·Transport

How Nigeria Can Curb High Airfares On International Routes

As travellers in Nigeria continue to groan over the high cost of airfares for international travel, it has been said that the absence of Nigerian airlines operating in the market is also responsible for what has been described as a “crazy fare.”

February 9, 2024

Business·Transport

Quest For National Carrier: ‘Why Keyamo Should Not Toe The Path Of Sirika’

Former commandant of the Murtala Mohammed International Airport, Lagos, Group Captain John Ojikutu, has called on the Minister of Aviation and Aerospace Development to withdraw the idea of floating a new national carrier

February 3, 2024

Business·Transport

More Calls For Air Peace To Be Designated A Flag Carrier As Airline Increases Routes

As Air Peace, the largest carrier in Sub-Saharan Africa, continues to grow its fleet size and expand routes both locally and internationally, more calls have been made for it to be designated a national flag carrier.

February 2, 2024

Business·Transport

International Airfares Soar By 55% Amid Naira Depreciation

Amid a 55% depreciation of the Nigerian Naira against the US dollar, international airfares have skyrocketed, leaving travelers grappling with exorbitant costs for essential trips. The abrupt shift in the official exchange rate, propelled by a recalibration by the FMDQ Exchange, has

February 2, 2024

Transport

Air Peace Launches Abidjan Route, Commits To Easing Africa’s Travel Burden

Nigeria’s largest carrier, Air Peace, on Monday, January 22, 2024, launched flight operations to Abidjan, the capital of Cote d’Ivoire.

January 23, 2024

NCAA Begins Investigation Into United Nigeria Flight Incident

Business·Transport

NCAA Budgets Over N8bn For Local, Foreign trips As Nigeria’s Inflation Hits Harder

The Nigeria Civil Aviation Authority (NCAA) has revealed plans to allocate N8.3 billion for transportation and travels in 2024.

January 23, 2024

Business·Transport

Forex Crisis: Foreign Airlines Threaten To Exit Nigeria Over Trapped Funds

Minister of Aviation and Aerospace Development, Festus Keyamo, is facing a daunting challenge of preventing more foreign airlines from suspending operations in Nigeria due to trapped funds.

January 23, 2024

News·Transport

Hoodlums Scare Away Foreign Transport Investors – Truckers

Lukman Shittu, Chairman of the Lagos State Truck and Cargo Operators Committee, declared on Wednesday that the menacing actions of hoodlums are discouraging foreign transport investors from engaging in the transportation business.

January 18, 2024

News·Transport

Air Peace Expands Regional Network, Begins Abidjan, Cotonou Flights Jan 22

Nigeria's leading airline, Air Peace, is set to launch flight connectivity from its Lagos hub to Cotonou in Benin Republic and Abidjan in Ivory Coast on January 22, 2024.

January 10, 2024

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Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

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Transport - Page 6

Exploitative Air Fares: FCCPC Expands Investigation into Airline Ticket Pricing

Airlines Brace For Fare Hikes Amid Soaring Fuel Costs, Forex Crisis

How Nigeria Can Curb High Airfares On International Routes

Quest For National Carrier: ‘Why Keyamo Should Not Toe The Path Of Sirika’

More Calls For Air Peace To Be Designated A Flag Carrier As Airline Increases Routes

International Airfares Soar By 55% Amid Naira Depreciation

Air Peace Launches Abidjan Route, Commits To Easing Africa’s Travel Burden

NCAA Budgets Over N8bn For Local, Foreign trips As Nigeria’s Inflation Hits Harder

Forex Crisis: Foreign Airlines Threaten To Exit Nigeria Over Trapped Funds

Hoodlums Scare Away Foreign Transport Investors – Truckers

Air Peace Expands Regional Network, Begins Abidjan, Cotonou Flights Jan 22

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Transport - Page 6

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