airfares

The Digest: Aviation fuel prices have surged from N900–N995 to between N2,500 and N2,700 per litre, driven by the Middle East crisis that has pushed crude oil prices to about $112 per barrel. The spike has placed immense pressure on domestic airlines, with jet fuel now accounting for up to 45%...

The Digest: Airlines in Nigeria face mounting operational pressure as aviation fuel (Jet A1) prices surge to N1,835 per litre in Kano, N1,820 in Abuja, N1,815 in Port Harcourt, and N1,780 in Lagos, driven by the escalating Middle East conflict. Industry experts warn the steep fuel costs will...

The Digest: Air Peace CEO Allen Onyema has stated that Nigerians pay the cheapest domestic airfares in the world, with tickets as low as ₦115,000, equivalent to less than $60, compared to similar flights abroad that cost hundreds of dollars. However, he revealed that airlines retain only about...