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Transport - Page 7

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

Business·News·Transport

Aviation Unions Urge Tinubu To Scrap 40% Revenue Remittance, Citing Safety Concerns

Aviation unions, including the National Union of Air Transport Employees and the Air Transport Services Senior Staff Association of Nigeria, have jointly appealed to President Bola Tinubu to reconsider the 40% Internal Generated Revenue (IGR) remittance imposed on aviation agencies.

January 10, 2024

Business·Transport

Intercity Bus Travel Costs Surge By 61%, Air fares Record New Hike – NBS

Report released by the National Bureau of Statistics (NBS), reveals that intercity bus travel expenses surged by 61.27% in November compared to the same period last year, hitting an average of N6,206.53 per drop. The report highlighted a 5.45% month-on-month increase from

December 27, 2023

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

News·Transport

Airfare Rises By 61% In One Year – NBS

The National Bureau of Statistics (NBS) on Tuesday, released the ’Transport Fare Watch for November 2023’ which indicated that the average airfare paid by passengers in the country rose by 61.27 per cent in 12 months. Disclosing that the fare rose by

December 26, 2023

Business·News·Transport

Yuletide: Travelers Benefiting 50% Discount On Inter-state Transport Fare – Nigerian Govt

In response to President Bola Tinubu’s gesture to ease the burden of transport costs on Nigerians during the festive season, about 128 travelers were among the beneficiaries of slashed transport fares, experiencing a brighter holiday journey. The initiative, aimed at offering a

December 26, 2023

Nigeria Blocks $802 million Revenue Belonging To Foreign Airlines

Business·Currency·Transport

‘Foreign Airlines May Exit Nigeria’s Airspace’ – IATA Ranks Nigeria Country With Highest Trapped Funds

It has emerged that over $792 million belonging to foreign airlines are currently trapped in Nigeria leaving them without dollar bills for their business, a development that is currently hampering their operations globally and making them consider quitting the country’s airspace altogether.

December 11, 2023

United Nigeria Airlines Receives E190 Aircraft To Boost Capacity

News·Transport

United Nigeria Airlines Pledges To Stop Service Errors, As NCAA Lifts Flight Suspension

The United Nigeria Airlines has expressed its commitment to safety of passengers in its operations, adding that efforts are being made to resolve all backlogs of flight schedules and also prevent further dispatch errors. The airline stated this in a statement posted

December 2, 2023

Africa·News·Transport

IATA Reveals $1.68bn In Airlines’ Blocked Funds Across Africa, Urges Govt Intervention

The International Air Transport Association (IATA) underscored the harrowing entanglement of $1.68 billion in airline funds across Africa, constituting a portion of the global total of $2.36 billion. Kamil Alawadhi, the Regional Vice-President for Africa and the Middle East during the African

November 24, 2023

Emirates To Suspend Flights To Nigeria Over Inability To Repatriate Earnings

Business·News·Transport

Emirates To Resume Operations In Nigeria- Keyamo

Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed that Emirates Airlines is on the brink of unveiling the much-awaited date for the recommencement of its flights into Nigeria. During an official communication via his Twitter handle on Sunday, Keyamo highlighted the

November 20, 2023

Nigeria Govt Finally Secures Access To Heathrow Airport For Air Peace

News·Transport

Air Peace Begins Transit Flights Via Lagos Airport As Hub

Leading airline in Sub-Saharan Africa, Air Peace, has begun transit flights through Murtala Muhammed International Airport Lagos to different international destinations. This was confirmed in a statement released by the airline on Thursday. Travellers going to international destinations with no available direct

November 17, 2023

I Won’t Revoke Winners’ Chapel Airstrip Licence – Keyamo

Business·News·Transport

Nigeria Plans Review Of Bilateral Air Service Agreements With 37 African Nations

The Nigerian government has announced plans to review Bilateral Air Service Agreements (BASA) with 37 African countries

November 17, 2023

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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 7

Exploitative Air Fares: FCCPC Expands Investigation into Airline Ticket Pricing

Aviation Unions Urge Tinubu To Scrap 40% Revenue Remittance, Citing Safety Concerns

Intercity Bus Travel Costs Surge By 61%, Air fares Record New Hike – NBS

Airfare Rises By 61% In One Year – NBS

Yuletide: Travelers Benefiting 50% Discount On Inter-state Transport Fare – Nigerian Govt

‘Foreign Airlines May Exit Nigeria’s Airspace’ – IATA Ranks Nigeria Country With Highest Trapped Funds

United Nigeria Airlines Pledges To Stop Service Errors, As NCAA Lifts Flight Suspension

IATA Reveals $1.68bn In Airlines’ Blocked Funds Across Africa, Urges Govt Intervention

Emirates To Resume Operations In Nigeria- Keyamo

Air Peace Begins Transit Flights Via Lagos Airport As Hub

Nigeria Plans Review Of Bilateral Air Service Agreements With 37 African Nations

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Transport - Page 7

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