Dana Air has taken possession of its first-ever fully-owned B737-300 aircraft. The airline said the acquisition of the 737 aircraft, is the first of the two it acquired in 11 years of operations. CEO of Dana Air, Jacky Hathiramani, said the aircraft which arrived Lagos last Friday was part of the firm’s plan to increase its capacity and meet increasing passenger demands. The 737 aircraft, the most commonly used plane by the country’s domestic operators, is a turning point in the operations of Dana Airline which has operated with the McDonnel Douglas MD083 aircraft. The COO of the airline, Obi Mbanuzor, said the second Boeing aircraft numbered would arrive in few weeks and spoke about plans to phase out the MD83 aircraft which the airline had used since the commencement of its operations.
The NCC has asked network operators in the country to block more than 9 million SIM cards that are not properly registered. The NCC gave the order after the Minister of Communications, Ali Ibrahim Pantami, asked all agencies and parastatals under the ministry to submit their short-term performance reports. The NCC submitted its report, which included the figures of improperly registered SIM cards in use around the country across all telecommunication operators. The Commission said that an estimated 9.2 million SIM cards did not comply with the proper procedures of SIM registration. Pantami then ordered NCC to ensure that all mobile network operators block all SIM cards that do not meet proper registration standards until users comply with proper re-registration procedures.
There are indications Nigeria may take legal action against South Africa over the attacks on its citizens earlier this month. Nigeria’s foreign affairs minister Geoffrey Onyeama told The Guardian that the country has not ruled anything out for now when asked if Nigeria will sue South Africa. He said that the country is evaluating reports and weighing its options. A former minister of foreign affairs, Bolaji Akinyemi, had called on the government to sue South Africa at the International Criminal Court of Justice over the attacks because the South African government failed to protect Nigerians and made statements unbecoming of a responsible country. The recent xenophobic violence and attacks in South Africa against foreign nationals have resulted in a growing exodus of Nigerians as the country’s government has also begun repatriating more than 600 of its citizens from South Africa, courtesy of a private Nigerian airline Air Peace which volunteered to fly people for free back to Lagos. A flight carrying 189 Nigerians landed in the Lagos last Wednesday. A second flight arrived on Saturday, making a total of 640 Nigerians returning home.
Since the commencement of the currency swap agreement between Nigeria and China in August last year, the demand for dollars required to import goods from China had reduced as the CBN has intervened in the foreign exchange market with over 1.56 billion Chinese Yuan. The currency swap agreement between Nigeria and China was signed on 27 April 2018, after two years of negotiations between the CBN and the People’s Bank of China. The transaction valued at ¥16 billion, or the equivalent of about $2.5 billion, was aimed at providing adequate local currency liquidity to Nigerian and Chinese industrialists and other businesses. The Director, Corporate Communication Department, CBN, Isaac Okorafor, described the regulator’s interventions in the forex market as satisfactory and noted that the implementation of the currency swap agreement between Nigeria and China has resulted in a decrease in the demand for the dollar to import goods from the Asian country.