Business Hilights

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Dr. Wale Babalakin

Arik Air, BASL reach deal, end GAT’s years of misunderstanding

Following long period of mediations and fresh understanding, Arik Air has reach amicable understanding with Bi-Courtney Aviation Services Ltd (BASL), operators of MM2 terminal. The new deal will afford the airlines to operate from the Murtala Muhammed Airport Domestic Terminal…

End to FAAN, Bi-Courtney airport concession crisis underway as ICRC wades in

After years of disagreements, the Infrastructure Concession Regulatory Commission (ICRC) has begun a peace process that will end the dispute rocking the concession of Murtala Muhammed Airport Terminal Two, Lagos by the Federal Airports Authority of Nigeria (FAAN) and Bi-Courtney…

Minister, FAAN failed to be on same page on MMA2 concession agreement

The last may not have been heard on the real time limit for the deal sealed between the federal government and Bi-Courtney on the build, operate and transfer of the terminal back to the government after a number of years….

FG may consider Bi-Courtney in fresh plan to concession Lagos-Ibadan Expressway

Barely three days after Dr. Wale Babalakin, chairman of the former concessionaire of the Lagos-Ibadan Expressway, Bi-Courtney Highway Services Limited opened up on the N200b owed one of his companies in the aviation sector following an award of cost to…