Breaking News in Nigeria Today Tuesday 17th December 2024
Here are some of the Breaking News in Nigeria Today Tuesday 17th December 2024 on some of the nation newspapers .
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target=_blank>Airlines, Ground Handling Firms Bicker Over Charges
ShareThe decision by the Federal Government to devalue its currency has had a very serious impact on not only the entire economy but has taken a significant toll on the entire aviation value chain. The two most noticeable areas that costs have been felt most the area of fare pricing and the 300 per cent…
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target=_blank>NAMA Restores Wifi Services To Airports
ShareNine years after, has the Nigerian Airspace Management Agency (NAMA) restored WI-FI services to the Murtala Muhammed International Airport, Lagos. This is a major boost for travellers and airport users who need the facility to stay in touch with their loved ones after their trip. With it, passengers waiting at airports and other airport users…
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target=_blank>African Airlines Remain Financially Vulnerable
Share2025 financial outlook The financial outlook for 2025 by the International Air Transport Association (IATA), which highlighted that total airline industry revenues are expected to be $1.007 trillion, representing an increase of 4.4 per cent from 2024, is heartwarming and shows the speed at which airlines have recovered from the devastating effects of the pandemic….
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target=_blank>MMA2 Prioritises Safety In Year-End Meeting
ShareBi-Courtney Aviation Services Limited, the operator of Murtala Muhammed Airport Terminal 2 (MMA2), recently held a critical year-end safety meeting to reinforce safety protocols and ensure a seamless and secure travel experience for passengers during the peak holiday season. The meeting brought together key stakeholders, including airport staff, airline representatives, and security personnel, to discuss…
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target=_blank>Climate Finance: ‘Complex Funding Requirements Hindering Access To $300bn’
ShareStakeholders have raised concerns that complex funding requirements hinder access for countries like Nigeria as they address challenges related to the $300 billion annual climate finance commitment from COP29. They said there was need for robust frameworks and local capacity to secure and use these funds effectively. They made these submissions during a workshop on…
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target=_blank>OPEC: Nigeria Named Most Increased Crude Oil Producer For November
ShareNigeria had the position of most increased crude oil production member of the Organisation of Petroleum Exporting Countries (OPEC) for November 2024 using direct communication. According to the current OPEC’s Monthly Oil Market Report for November, using direct communication, Nigeria crude oil production increased by 152,000 barrels per day from 1.333million barrels per day (mbpd)…
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target=_blank>Aradel Holdings Acquires Minority Equity Stake In Chappal Energies
ShareAradel Holdings Plc has entered into an agreement to acquire 5.14% equity interest in Chappal Energies Mauritius Limited. This was contained in a statement over the weekend by Company Secretary & Group General Counsel, Aradel Holdings Plc, Titilola Omisore. According to the statement, Chappal is an energy company focusing on investments in deep value and…
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target=_blank>Exxonmobil Targets $30 Billion In Cash Flow
ShareExxonMobil has said that it expects to deliver incremental growth potential of $20 billion in earnings and $30 billion in cash flow driven by investing in competitively advantaged opportunities, continued excellence in execution, and disciplined cost and capital management. It made this known in a statement while announcing its Corporate Plan to 2030. It also…
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target=_blank>Effective Acquisitions In Oil And Gas Industry
ShareThe Nigerian oil and gas industry has witnessed significant developments in recent times, with the completion of two major acquisition deals. Seplat Energy Plc has successfully acquired Mobil Producing Nigeria Unlimited (MPNU), while Oando Plc has acquired 100 per cent of the shareholding interest in the Nigerian Agip Oil Company (NAOC). These acquisitions mark a…
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target=_blank>NCAA Boss: Aviation Holds Potential For Economic Transformation
ShareThe Acting Director General, Nigerian Civil Aviation Authority (NCAA), Captain Chris Najomo, has said Nigeria’s aviation sector holds great potential for driving economic transformation, connecting communities, and promoting regional integration. The benefits of these efforts, he said, were already evident with the country’s improved ranking on the Aviation Working Group’s Cape Town Convention Compliance Index,…
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