Since the past 43 years when the Apapa port's access roads were constructed, the nation has never had it this bad. From a million potholes to the death traps, loss of multi-billion naira goods, dirty and polluted environment, yet relief appears still farther than expected. SULAIMON SALAU reports that the
Fraport sells its stake in Hannover Airport
Today, airport operator Fraport has sold its 30 percent stake in Flughafen Hannover-Langenhagen (FHLG), the operating company of Hannover Airport, to iCON Infrastructure Group for €109.2 million. Fraport had initially acquired a 20 percent stake in FHLG 1998, followed by another 10 percent five years later. Looking at Fraport Group’s most recent
The Malay Connection: Is Kuala Lumpur the next e-commerce gateway to China?
At an abandoned house on the outskirts of Georgetown in the Malaysian State of Penang, a man and his wife stand crouched over a box of seemingly random electronic components. Inside the carton is a set of specialized audio “tweeters” the pair plans to install throughout their dilapidated ancestral home
IATA: Passenger Growth, Economic Boost Incentives for Investing in Aviation
The International Air Transport Association (IATA) and the African Development Bank (AfDB) have projected that Africa would be a market of 350 million airline passengers by 2035. This prediction, according to the association was an incentive for investors to go into commercial airline business. The Nigerian Civil Aviation Authority (NCAA) had disclosed that in 2017, many entrepreneurs
Avis will start providing rental cars to Lyft drivers
BMW apologizes over engine fires caused by hardware problem
2019 BMW X5-3 SUV BMW AG’s Korean unit apologized Monday over engine fires that prompted recalls and a probe, seeking to allay concerns over images of cars engulfed in flames. BMW Korea Chairman Kim Hyo-Joon said the German carmaker will fully cooperate with the transport ministry’s investigation and complete emergency safety inspections
Lagos Governor Expands Trailer Park Capacity to Over 5,000 to Curb Traffic Gridlock
Lagos - As a way of easing traffic gridlock on the Apapa-Oshodi Expressway and environs, Governor Akinwunmi Ambode of Lagos State, yesterday, disclosed that a 5,000-capacity truck terminal will be constructed in the Ijanikin axis of the state. It will serve as another parking lot for articulated trucks in the state in
Apapa Corridor of Lagos-Ibadan Rail Project Begins Next Week – FG
Lagos - The Federal Government of Nigeria, on Thursday assured that work on the Apapa corridor of the Lagos-Ibadan Rail project would commence next week, according to a report from the Vanguard. At its Wednesday's Federal Executive Council, FEC, meeting, it approved N72.9 billion for the reconstruction of the road from
For Sale: Queen’s Rolls-Royce
Ride like a royal? Queen's car to feature in Rolls-Royce sell-off A collection of rare Rolls-Royces, including vehicles used by Queen Elizabeth II and Princess Diana, is to be auctioned off in the UK. The eight cars are expected to attract combined bids of up to $6.4 million (£4.9 million) when they go
Uber turning off autonomous truck division
A spokesperson told American Shipper the move will not affect Uber Freight, the company’s on-demand trucking unit. Uber Technologies Inc. will shut down its autonomous trucking research unit in an effort to focus on its separate self-driving car division, a company spokesperson has confirmed. The spokesperson for the ride-sharing application provider told American Shipper the move