09 May 2013
  • Nigeria is world’s second biggest spender on champagne

    Destinations

    The lyrics to Pop Champagne – one of many Nigerian pop songs to pay homage to the ubiquitous French drink – are self explanatory. “We dey pop champagne, pop pop pop pop, pop champagne!” the song goes, as a nightclub jumps with men holding bottles and women glasses full of bubbly. But Nigerians’ love of [...]

24 Nov 2012
28 Oct 2012
25 Oct 2012
20 Oct 2012
  • Bankruptcy is on the horizon for Nigeria’s entire airline industry

    Destinations

    Industry experts have said that existing Nigerian airlines would eventually be killed by bankruptcy, unless there are mergers and acquisition by the remaining airlines that are currently operating. M & A will increase their fleet capacity, streamline the workforce and boost operating cash. Seasoned aviation lawyer, Fubara Anga, told THISDAY that with M & A, [...]

28 Sep 2012
24 Sep 2012
  • Nigerian airline Arik Air indefinitely halts all flights as bank loans dry up

    Transport

    Nigeria’s Central Bank has barred the nation’s top two airlines from receiving any additional loans over their massive outstanding debts, an official said Friday, as passengers were stranded by the nation’s aviation industry crisis in which its largest carrier grounded all its domestic flights. Arik Air Ltd., the nation’s top carrier which indefinitely halted its [...]

21 Sep 2012
12 Sep 2012
06 Sep 2012
  • Nigerian airline allowed to fly again after deadly crash three months ago

    Transport

    Nigerian airline Dana Air can fly again three months after one of its jets crashed and killed 159 people, aviation authorities said on Wednesday, even though the cause of the crash has still not been made public. The Dana Air flight, a McDonnell Douglas MD-83, collided with an apartment block in a populated Lagos suburb [...]