By Jite Eriabie EgyptAir will swing to a profit this year, buoyed by an increase in…
Category: News
South Africa eyes BRICS partners to build $10bn refinery
By Jite Eriabie South Africa wants the national oil companies of its BRICS partners to help…
Adesina: African airlines requires over $150bn for aircraft acquisition
The President African Development Bank (AfDB), Dr. Akinwumi Adesina, says African aviation needs financing with about…
Shell bemoans Afam IV power plant’s $200m debt
Shell Petroleum Development Company (SPDC) on Tuesday bemoaned its $200million debt in Afam IV Power Plant…
Enel’s long-term gas supply deals with Algeria start expiring- CEO
Italian utility Enel’s long-term gas supply import deals with Algeria have started expiring this year and…
Nigeria loses N1 trillion to cargo diversion yearly, says Nicol
The Shippers’ Association Lagos State (SALS) says Nigeria loses N1 trillion annually through cargo diversion to ports…
Senate postpones debate on 2018 Appropriation Bill
The Senate on Tuesday rescheduled its planned debate on the 2018 Appropriation Bill submitted by President Muhammadu Buhari.…
South African Airways remains under-capitalised despite bailout
Despite a government injection of 10 billion rand ($709 million), the struggling South African Airways (SAA)…
Nigerian Navy promotes 78 senior officers
The Navy Board has approved the promotions of 78 senior officers’ 18 commodores were promoted to…
Aviation unions grounds Dana Air over anti-labour practices
Dana Air Limited Aviation operation was on Tuesday grounded by aviation unions over alleged anti- labour practices. The grounding…
Reps begin debate on 2018 budget next week
The Deputy Speaker of the House of Representatives, Yussuf Lasun has said that members would commence debate…