Business

Manufacturers deepen local raw materials sourcing, up 11% in 3yrs

Manufacturers deepen local raw materials sourcing, up 11% in 3yrs

By Yinka Kolawole Nigeria’s manufacturing sector recorded a steady increase in the use of locally sourced raw materials between 2021 and 2024, with the share rising from 51.5 per cent in 2021 to 57.1 per cent in 2024, as foreign exchange pressures, naira depreciation and rising import costs pushed manufacturers towards domestic alternatives. Data from […]
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Boko Haram:  Arik resumes flight to Maiduguri

Boko Haram: Arik resumes flight to Maiduguri

Arik Air has resumed services between Abuja and Maiduguri, capital of Borno State. The airline suspended its services to Maiduguri at the end of July following the outbreak of militant activity across the region. The resumption of flights means that Arik Air connects Maiduguri and the Federal Capital six days per week.

Lufthansa moves ground operations to Victoria Island

Lufthansa moves ground operations to Victoria Island

German carrier, Lufthansa Airlines, has relocated its Lagos office to Churchgate Tower on Victoria Island, to meet the need of its customers.
The relocation, which was effected on July 30, 2009, brings to an end the airline’s almost 50 years sojourn on Broad Street — the once burgeoning financial street of Lagos.

Dana Air creates N9000 special fare to Abuja, Enugu, Kano

Dana Air creates N9000 special fare to Abuja, Enugu, Kano

Lagos, August 10, 2009 Dana Airlines Limited has launched a new promo in which passengers can pay as low as N9, 000 for a one way ticket to any of its routes. The airline currently operates daily flights to Enugu, Lagos and Abuja, and is set to extend its operations to Kano in the week commencing August 17, 2009.

Nigeria close to attainment of FAA category one

Nigeria close to attainment of FAA category one

The Nigerian Civil Aviation Authority (NCAA) has said the main hurdle left for Nigeria to cross to attain the U.S. Federal Aviation Administration’s category one certification was in the area of compliance and enforcement.