There is growing discontent among aviation players over the rising cost of insurance premiums charged by local underwriters. The cover is for aircraft, ground handling equipment and installations at airports. In most countries, including Nigeria, all commercial aircraft are mandated to have the combined single limit category. The category combines public and passenger
Year: 2017
Auto startup led by ex-Apple engineers that raised $50 million is reportedly shutting down
It built a fancy digital rear-view camera — but it reportedly sold poorly, and the company turned down opportunities to be acquired. The view from the Pearl RearVision rear-view camera. (Pearl) A startup built by ex-Apple engineers that raised $50 million (£39 million) to build automotive tech has shut down, according to a
Airbag Maker Takata Files for Bankruptcy Over Lawsuit Against it
...says it will be bought for $1.6 billion (Reuters) - Japan's Takata Corp, the firm at the centre of the auto industry's biggest ever product recall, filed for bankruptcy protection in the United States and Japan, and said it would be bought for $1.6 billion by U.S.-based rival Key Safety Systems. In
AirFrance Bans Woven ‘Ghana Must Go’ Bags
Nigeria’s Emergency Mgt Agency Launches Information Software for Swift Response
Air Safety in Africa Has Improved, IATA Regional Chief
…Improvement noticeable since the Abuja Declaration In a special interview granted Thisday Newspaper during the IATA AGM, held recently in Cancun, Mexico. Vice-President, International Air Transport Association, African Region, Raphael Kuchi declared that there has been significant improvement in air safety on the continent and urged a downward review of taxes
The Food Delivery Apps That Are Competing To Gain Market Share In India
UK to keep duty-free access for developing countries post-Brexit
Duty-free access to the UK for imports from the world's poorest countries will be maintained after Brexit, the Government says. Britain will maintain duty-free access to its markets once it has left the European Union for goods from dozens of developing countries. Forty-eight developing countries - including Bangladesh, Sierra Leone, Haiti and
NAMA directors, restates commitment to auto policy
National Automotive Design and Development Council (NADDC) has renewed its commitment to the implementation of the Nigerian Automotive Industry Development Plan (NAIDP) in the interest of the country’s auto sector. In addition, the council would team up with stakeholders towards ensuring early enactment of the auto policy into law by the
Illegal trade: FOU seizes 384 parcels of hard drugs
The Federal Operations Unit, FOU, Zone ‘A’ Lagos, of Nigeria Customs Service, NCS, has arrested 10 suspected smugglers on illegal trade, even as the Unit seized 384 parcels of hard drugs, along Iyana-Ipaja road, concealed in six bales of second hard clothing, imported into the country from Ghana. The Customs Area