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At Last, Nigeria Bans Boeing’s 737 Max Airplanes

Nigeria has banned Boeing 737 Max planes from its airspace in the aftermath of the crash of an Ethiopian Boeing 737 Max 8 plane that killed all passengers on board. Minister of Aviation (State), Hadi Sirika, announced the ban Wednesday in Abuja at the end of the weekly meeting of …

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Air Peace Not Cancelling Boeing 737-MAX 800 Order

Nigeria’s carrier, Air Peace says there is no plan to cancel its order for 10 Boeing 737-MAX 800 aircraft following worldwide concerns about safety . The airline spokesman said any decision about cancelling the order is premature. Chris Iwarah, Corporate Communications Manager, Air Peace, spoke with the News Agency of …

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Crash: Boeing in Trouble as US Agency Says 737 Max 8 is Safe

Boeing, the manufacturer of the troubled 737 MAX 800 aircraft faces hundreds of million dollars in insurance claims from survivors of victims of the latest fatal crash of its plane in Ethiopia, even as its stock closed 5.3 per cent lower in trading on Monday. A New York based aviation …

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Ill-Fated Ethiopian Plane Brand New, Supplied Only 4 Months Ago

It has been revealed that the Ethiopian Airlines flight ET302 that crashed just six minutes after take-off, Sunday, was a brand new Boeing 737 MAX 8 (reg: ET-AVJ) – delivered to the airline only four months ago Making the disclosure, the airline said there were no survivors among the 149 passengers and …

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Women’s Day: Dana Air Supports Entrepreneurs, Women in Media initiative

In celebration of the International Women’s Day 2019, Dana Air has supported the Women in Media Development initiative 2019 and Women Entrepreneur Fair, scheduled to hold on the 29th and 30th of March at the Justice Idris Kutigi Conference Centre in Minna Niger State. The Women Entrepreneur Fair (WEF), an initiative of the Airmingle …

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Emefiele Punctures Atiku’s Monetary Policy, As CBN Retains Rates

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele says the proposed monetary policy of the presidential candidate of the Peoples Democratic Party, PDP, Alhaji Atiku Abubakar is flawed and will reverse the gains the country has made in encouraging local production and manufacturing. Emefiele warned that Atiku’s suggestion that …

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Hackers on the Prowl, Sweep N460M from Nigerian Bank

Suspected hackers have reportedly breached the system of a new generation bank in Nigeria (name withheld) stealing N460 million. The hackers had successfully jerked up the balance in a customer’s account from N781,000 to N466 million before the alarm blew. The Economic and Financial Crimes Commission (EFCC) today arraigned five …

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Dana Air Lends Support to Cure Cancer Patients

Dana Air has supported a Cancer-fighting nongovernmental organization – Project PinkBlue, to raise over six million naira to support people impacted by cancer and treatment of two cancer patients at a music and comedy fundraising recently in Abuja. According to the Executive Director of Project PinkBlue, Runcie C.W. Chidebe, “Our …

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FG, MTN Settles $8.1bn Forex Remittance Dispute Out of Court

A Federal High Court in Lagos on Thursday entered as judgment the settlement terms in a suit by MTN Nigeria Communications Limited against the Federal Government. MTN had challenged the $8,134,312,397.63 demanded from it by the Central Bank of Nigeria (CBN) over alleged forex remittance infractions.But the telecoms firm prayed …

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World Bank President Abruptly Resigns

The President of Washington-DC based World Bank, Jim Yong Kim Monday abruptly announced his resignation. He said he would leave on February 1. “It has been a great honor to serve as President of this remarkable institution, full of passionate individuals dedicated to the mission of ending extreme poverty in …

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