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Transport

NRC grants 15-yr rail operating license to Lagos transport agency

Nigerian Railway Corporation (NRC) has granted a permanent rail operating license to the Lagos Metropolitan Area Transport Authority (LAMATA) under a long-term Track Access Agreement, a landmark regulatory approval expected to accelerate the expansion of Lagos’ rail network and significantly boost…

Posted on VN

5 ECOWAS nations launch management authority for proposed $16bn Abidjan — Lagos highway project

Five member-states of the Economic Community of West African States (ECOWAS), including Nigeria, Côte d’Ivoire, Ghana, Togo, and Benin Republic, have formally launched the Abidjan–Lagos Corridor Management Authority, a regional body established to oversee the development and operation of the proposed…

Posted on VN

‘Upgrade your fleet by October or lose access to airports,’ FAAN orders cab operators

Federal Airports Authority of Nigeria (FAAN) has ruled out any further extensions to its earlier notice to all airport cab operators to upgrade their fleets to newer vehicle models by October, this year or lose access to the facilities. FAAN stated,…

Posted on VN

NRC suspends Warri–Itakpe train service over ‘operational exigencies’

Nigerian Railway Corporation (NRC) says it has temporarily suspended the Warri–Itakpe Train Service (WITS) due to operational exigencies and technical advice from its engineers.   A statement confirming the development and signed by the Chief Public Relations Officer of the NRC,…

Posted on VN
Business Money Market Transport

MAX secures $8m debt funding for E-Mobility operation across Africa

Frank Okon Metro Africa Xpress (MAX) has secured $8 million in debt financing from Triple Jump to support the expansion of its electric mobility operations across Africa, in a deal arranged by Verdant IMAP. The funding marks an important milestone…

Technical, funding gaps threaten Africa’s integrated rail network agenda

Ziggy Ojiegbe Ambitious plans are underway to build a high-speed rail network across Africa, connecting countries, regions and creating a transcontinental beltway that can transport people at up to 320 kilometers per hour (199 mph) and freight at up to…

Over 27,000 flights, 4.4m seats cancelled as travelers stranded in Middle East

Frank Okon More than 27,000 flights to and from the Middle East to international destinations have been cancelled, with an estimated 4.4 million airline seats removed from schedules over the past week as Iranian regime ratchets bombardment of neighboring Arab…

UAE, Qatar tourism departments cater for 30,000 stranded passengers

Tourism departments require hotels to extend stay Sopuruchi Onwuka Over 30,000 tourists and transit passengers trapped in the Middle East following ongoing missile fireworks arising from America’s strikes on Iran would be catered for by the tourism departments of Qatar…

Nigeria listed as US suspends immigrant visa processing for 75 countries

By Ziggy Ojiegbe Nigeria has been listed among 75 countries whose citizens will no longer have their immigrant visa applications processed by the United States, as Washington tightens immigration rules under President Donald Trump’s administration. The move marks a further…

Nine sub-Saharan migrants freeze to death in eastern Morocco

Nine Sub-Saharan African migrants have died from freezing temperatures in eastern Morocco near the border with Algeria, according to a local human rights group. The deaths occurred between Dec. 3 and Dec. 12 in the Ras Asfour area near Touissit,…