The Federal Airports Authority of Nigeria (FAAN) workers' exclusion from the National Pension Commission scheme in 2004 has led to the agency's pension liability soaring to an unprecedented N200 billion. 

5 Airlines Will Relocate to New Lagos Airport Terminal by Sept. 1 - Yadudu The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Capt. Rabiu Yadudu has disclosed that five airlines would relocate to the new terminal by September 1, stating that gradually...

FAAN Expels NIS Officers From Lagos Airport Over Extortion The Federal Airports Authority of Nigeria (FAAN), on Friday, said it has banned two yet-to-be-identified immigrations officers, from working at the Murtala Mohammed International Airport (MMIA) Lagos or any airport across the country. In a statement by...

FG Loses $90m Yearly To Lagos Airport Concession — Reps         The House of Representatives has said the federal government loses over $90 million annually due to alleged shady deals involved in the concession of the local and international wings of the Murtala Muhammed Airport, Lagos...

Local Airlines Rebound With Traffic Surge       Despite the operational hiccups facing the sector, local airlines have recorded a marginal rebound in business, recording improved passenger patronage across networks. And in response to the uptake, some of the carriers are opening new routes and reactivating old ones...

Forex Scarcity Cripples Local Airlines, Spike Airfares     The foreign exchange (FX) liquidity crisis is eating deeper into the daily operations of the local airlines, causing airlines’ capacity to dwindle and hitting up airfares. The Economic Confidential, yesterday, learned that operators in the aviation sector have not...