BUSINESS

Nami advocates increased collaboration among African countries for effective digital taxation

Daily Dispatch May 10, 2022

The Federal Inland Revenue Service (FIRS) has stated that there is need for improved collaboration among countries and international stakeholders with the aim of exploring alternative rules that will enable market jurisdictions, particularly African countries, to effectively subject digital

BUSINESS

Aviation fuel not selling at N700 per litre – MOMAN

Daily Dispatch May 9, 2022

The Major Oil Marketers Association of Nigeria (MOMAN) has debunked claims that Aviation Turbine Kerosene (ATK), also known as aviation fuel, was being sold at N700 per litre in some parts of the country. Mr Clement Isong, Executive Secretary, MOMAN, made this known in an interview with the News Agency of Nigeria (NAN) on Monday […]

BUSINESS

Flight shut down: Arik Air, Aero Contractor back out, continue operation

Daily Dispatch May 8, 2022

The management of Arik Air Limited (In Receivership) and Aero Contractors (In Receivership) have said that they will be operating all their scheduled flights on Monday, May 9, 2022. The airlines disclosed this in a joint statement issued and made available and made available to newsmen on Sunday in Lagos. The joint statement reads: “Both […]

BUSINESS

Airlines operators not backing down on decision to shutdown services

Daily Dispatch May 8, 2022

The Airline Operators of Nigeria (AON) on Sunday said they are not backing down on its decision to suspend operations in response to the astronomic and continuously rising cost of JetA1 despite various interventions in the last 24 hours. In a statement jointly signed by Shehu Wada – Executive Director, Max Air, Dr. Obiora Okonkwo […]

BUSINESS

‘Airlines shutdown will cripple economy’, PDP reps ask Buhari to intervene

Daily Dispatch May 7, 2022

The Minority Caucus of the House of Representatives has urged President Muhammadu Buhari to intervene and prevent the impending shutdown of airline services across the nation. Due to the unbearably high cost of aviation fuel (JetA1) and other associated costs, the Airline Operators of Nigeria (AON) announced the suspension of its member services on Friday. […]

BUSINESS

Breaking: Airlines to shut down operations from Monday as aviation fuel hits N700

Daily Dispatch May 6, 2022

The Airline Operators of Nigeria, AON, has announced plans to shut down operations nationwide. AON said the shutdown would take effect from Monday, due to the increase in the price of aviation fuel which cost N700 per litre. This was contained in a letter by AON President, Abdulmunaf Yunusa Sarina, and sent to the Minister […]