Business Hilights

Tracking Nigeria's Headline Business News Online

Federal Airports Authority of Nigeria (FAAN)

VAT removal’ll spur domestic airlines to reinvest saved remittances valued at N11.6bn

Since the positive response of the federal government to the end of Value Added Tax (VAT) remittances by Airline Operators of Nigeria (AON) vide an Executive Order for the removal of Value Added Tax (VAT) from “All forms of shared…

More Nigerians now travel by air as airports record 28.25% passenger in Q1

In what may be seen as a sign of improvement across the nation’s airports, the Federal Airports Authority of Nigeria (FAAN), disclosed that about 3.4 million passengers travelled through Nigerian airports during the first quarter of 2018 as against the…

Effective May 14, 2018, cashless regime begins at all airports in Nigeria—FAAN

All is set for the regime of cashless policy transaction across airports in the country owned by the Federal Government from Monday, May 14, 2018. The General Manager, Corporate Communications, Federal Airports Authority of Nigeria (FAAN), Mrs. Henrietta Yakubu, who…

Confusion as ANAP queries FG on what is remaining to concession at 4 airports

The General Secretary of the Association of Nigeria Aviation Professionals (ANAP), Comrade Abdulrazaq Saidu, has revealed a shocker for aviation stakeholders on the planned concession of four viable international airports in Nigeria. The federal government, through the Minister of State…

FG silent on Ghana taking over as regional aviation hub, decries funding gaps

Federal government is yet to react to recent discovery that several international carriers have fallen in love with Ghana’s Kotoka International Airport, Accra, thus making the centre the West Africa’s aviation hub. Several years ago, Lagos International Airport had been…

Nigerian airports don’t have latest scanning machines currently used globally—FAAN

The Managing Director/CEO of the Federal Airports Authority of Nigeria (FAAN), Mr. Saleh Dunoma, has opened up on the true state of security scanner at various Nigerian local and international airports, saying they are far away from latest technologies currently…

FG okays FAAN officers to carry arms as Ghana airports get biometric e-Gates

Nigeria and Ghana have stepped up security and safety architectures at their airports as part of measures to check attacks and sinister incidents. Just as the Federal Government has authorised the use of arms by the civilian aviation security personnel…

Six months on, concession of 4 airports yet to have framework, business case

More than six months after the Federal Executive Council (FEC) approved the concession of Lagos, Abuja, Kano and Port Harcourt Airports, indications have emerged showing that a business case upon which the concessioning framework will stand is yet to be…

Issuance of visa to investors on arrival at airports grossing daily in Nigeria—FAAN

The chief executive of Federal Airports Authority of Nigeria (FAAN), Mr. Saleh Dunoma, weekend disclosed the new policy of issuing Visa at airports to foreign investors on remains one of the best ease of doing business policy in the nations…

FAAN explains upcoming 59th Airport Council International (ACI) Regional summit

The Managing Director of Federal Airports Authority of Nigeria (FAAN), and also President of Airport Council International (ACI), Mr. Saleh Dunoma, has announced the hosting of the 59th ACI Regional Conference by the agency. Explaining the imports of the conference…