Human negligence, improper maintenance causes four air accidents: report

The Accident Investigation Bureau on Wednesday released four more air accident reports, having released six others in the last few months. One of the reports was on the incident involving a Boeing 737-500 with registration 5N-BLE belonging to Aero Contractors Company of Nigeria Limited. The airplane was on a scheduled commercial flight from Lagos to […]

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Aviation Ministry negotiates with CBN to reduce interest rate to 9 pct

The officials of the Federal Ministry of Aviation have begun negotiations with the Central Bank of Nigeria (CBN), with a view to getting interest rates on loans for prospective investors in the industry reduced to 9 per cent. Nigeria’s apex bank had left the country’s key interest rate unchanged at 14 per cent for more […]

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