Aviation expert urges privatization of airport services amid $25bn FG refinery woes

By Seun Ibiyemi Aviation security expert and former Lagos airport commandant, Group Captain John Ojikutu (rtd), has drawn attention to what he describes as the “misplaced spending priorities” of the federal government, highlighting the $25 billion spent on federal refineries that remain non-operational. Speaking in a chat with BusinessPointer on the parallel between the refineries…

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Cashless policy: FAAN bans cash transactions nationwide

The Federal Airports Authority of Nigeria (FAAN) has announced the cessation of all cash transactions across its operations nationwide, effective February 29, 2026, in compliance with the Federal Government’s cashless policy directive. The decision, which received approval from the Federal Executive Council, mandates that all financial and business transactions conducted by the agency be processed…

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NCAA defends regulatory crackdown, warns airlines against non-compliance

By Adeyemi David The Nigerian Civil Aviation Authority (NCAA) has raised concerns over what it described as persistent regulatory compliance challenges within Nigeria’s aviation industry, warning that no operator is above the law. The Director of Public Affairs and Consumer Protection at the NCAA, Michael Achimugu, said some industry stakeholders have grown accustomed to “anyhowness”…

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Panic as Arik Air flight makes emergency diversion to Benin after engine anomaly

By Adeyemi David Passengers aboard an Arik Air Boeing 737-7GL flight from Lagos to Port Harcourt experienced a tense moment on Wednesday after the aircraft reported an in-flight engine anomaly and was forced to divert to Benin Airport, according to the Nigerian Safety Investigation Bureau (NSIB). The NSIB, in a statement signed by its Director…

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Skyway Aviation handling profit more than doubles to N14.28bn in 2025 on strong revenue growth

Skyway Aviation Handling Company Plc recorded a remarkable performance in 2025, with profit before tax soaring to N14.28 billion, more than double the N6.48 billion posted in 2024. The fourth quarter alone contributed N3.9 billion, up from N1.8 billion in Q4 2024, driven by higher quarterly revenue. Full-year revenue rose sharply to N44.4 billion, bolstered…

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SAHCO holds annual management retreat to strengthen leadership, ethics, others

Skyway Aviation Handling Company (SAHCO) Plc successfully hosted its annual Management Retreat at the Marriott Hotel, gathering top executives, Regional and Station Managers, and key stakeholders under the theme: “Reimagining Excellence: Ethics, Thrive and Sustain.” The retreat served as a platform for strategic reflection, leadership alignment, and forward-looking dialogue, as SAHCO seeks to enhance its…

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