•A private jet The Nigeria Civil Aviation Authority (NCAA) has suspended 10 private jet operators over failure to commence the recertification process. A statement signed by NCAA’s Director, Public Affairs and Consumer Protection, Michael Achimugu, said the suspension was rooted in its Nigeria Civil Aviation Regulations 2023 Part 18.3.4 which ...
There is grumbling among airlines participating in the 2024 Hajj following the delay in payment of air fare by the National Hajj Commission of Nigeria (NAHCON) as contained in the contract signed with them. It was gathered that the development is threatening the return airlift of pilgrims after the completion of the 2024 Hajj exercise, [&helli...
•Naira and Dollar Operatives from the Economic and Financial Crimes Commission reportedly arrested some Bureau De Change operators at the popular Wuse Zone 4 market yesterday. This came as traders also said some BDC operators resisted the arrest during a sting operation, reports The PUNCH. The operatives had embarked on routine raids to saniti...
There are strong indications that some helicopter operators may refuse to pay the $300 landing fee introduced by the federal government through its concessionaire, NAEBI Dynamic Concepts Limited. A source said some of the operators have voiced concerns about the new fee, noting that they have also indicated interest in joining the Airline Oper...
•Aviation Minister Fetus Keyamo Nigerian helicopter operÂators have threatened to shut down their operaÂtions in response to new charges imposed by the federal government through the MinÂistry of Aviation and Aerospace Development. There are also fears that the threat, if carried out, may lead to loss of 1.1 million barrels of oil daily by Nig...
•Private jet The Nigerian Civil Aviation Authority (NCAA) has suspended the permit of three private jet operators for engaging in commercial flights. The Acting Director General of the NCAA, Chris Najomo, announced the suspension of the three private operators in a riot act read to all airlines today, reports Channels TV. The NCAA boss said [&...
The Inspector-General of Police, Kayode Egbetokun, has ordered stoppage of Point-of-Sales (PoS) machines and other electronic mobile money transaction devices within police stations and other police facilities nationwide. Egbetokun said the ban became imperative following public outcry on alleged illegal and illicit transactions of PoS machine...
•CBN Governor Cardoso The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change Operators, accusing the affected institutions of failing to observe regulatory provisions. This was disclosed in a statement yesterday by the bank’s Acting Director, Corporate Communications, Sidi Ali Hakama. According to the apex bank, ...
The Central Bank of Nigeria (CBN) has released a list of eligible Bureaux De Change (BDCs) operators. The CBN said all eligible BDCs must adhere to strict guidelines regarding the sale of foreign exchange to end-users, reports The Nation. Currently, the number of BDCs stands at 5,690, according to data from the CBN. It directed […]
Hotel managers have said that double taxation and arbitrary implementation of it has made the operation of the business difficult in Nigeria. Speaking to newsmen at the weekend, the Deputy Director, Commercial and Special Duties of BON International West Africa, Mrs Sandra Ogbahon said that double taxation has crippled hotel business in Nigeri...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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