Nigeria Unveils New Airline, Nigeria Air

The Federal Government yesterday unveiled a new national airline, Nigeria Air to replace the defunct Nigeria Airways which died 14 years ago.

Mr. Hadi Sirika, the Minister of State for Aviation, Hadi Sirika, formally unveiled the name and logo yesterday at an airshow in London.

“Nigeria has unfortunately not been a serious player in aviation for a long time. We used to be a dominant player, through Nigeria Airways, but sadly not anymore,” Mr Sirika said.

He continued: “This will be a national carrier that is private sector led and driven. It is a business, not a social service. The government will not be involved in running it or deciding who runs it. The investors will have full responsibility for this.”

The Nigerian government is expected to have a five percent stake in the new airline.

Hot this week

Leadway Sustains Support to Nigeria’s Creative Economy with 4th Consecutive Sponsorship of Lagos Leather Fair

Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has...

Insurance Meets Tech (IMT) Unveils 5th Edition for September 18, 2026

West Africa's leading insurance and technology conference, Insurance Meets...

Shell Appoints Elohor Aiboni as Executive VP, Country Chair Nigeria

Elohor Aiboni The incoming Executive Vice-President and Country Chair Shell Companies...

Heirs Insurance Group Extends Rewards Programme to Corporate Clients, Unlocking Lifestyle, Wellness Benefits for Employees

Heirs Insurance Group, Nigeria’s fastest growing insurance group, has...

Stanbic IBTC Pioneers Digital Supply Chain Financing in Nigeria through CycleFlow Partnership

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings,...

Topics

Global Smartphone Sales Tops 344m Units in 2nd Qtr

Global sales of smartphones to end users totaled 344...

Nigerian Breweries Digital Head Joins Ventra Group

Full-service Digital Media firm Ventra Media Group has just...

Kenya: Mobile money usage peaks at U.S. $13.5 billion dollars

Kenyans intensified use of mobile phone cash transfer services...

Linkage Assurance Reports 24% Rise in Insurance Revenue to N27.6bn in FY 2025

Underwriting giant, Linkage Assurance Plc, delivered a robust operating...

PenCom: ‘Lack of Foreign Index Bond Impeding Pension Growth’

The non-availability of foreign index bond is impeding desired...

ITU Statistics Confirm ICT Revolution of Past 15 Years

New figures released by ITU indicate that over the past 15 years, information and communication technologies (ICTs) have grown in an unprecedented way, providing huge opportunities for social and economic development. The new figures track ICT progress and show gaps in connectivity since the year 2000, when world leaders established the United Nations Millennium Development Goals (MDGs).Today, there are more than 7 billion mobile subscriptions worldwide, up from 738 million in 2000.

Leadway Assurance: ‘Nigerians Should Buy Term Life Assurance Policy’

Ms. Adetola Adegbayi, Executive Director, Leadway Assurance Company Limited...

Bears Dominate Despite Banking Sector Rebound… NSE ASI down 0.2%

The negative performance of the local bourse lingered yesterday, marking the...