Mounting Debt, Decaying NAVAIDs Hamper Nigeria’s Airspace Management – Independent Newspaper Nigeria

0 The Nigerian Airspace Management Agency (NAMA), the organisation responsible for providing air traffic control, air navigation services and communication infrastructure across Nigeria’s airspace, faces a defining moment. Burdened by ageing navigational infrastructure, mounting debts, manpower shortages, unresolved pension issues and years of inadequate capital funding, the agency faces some of the most significant operational…

Ola Electric shares fall for third day as vendors file insolvency pleas against subsidiary

The decline comes after two operational creditors filed insolvency petitions against the company’s wholly owned subsidiary, Ola Electric Technologies Pvt. Ltd., before the Bengaluru bench of the National Company Law Tribunal (NCLT). 1 Min Read Shares of Ola Electric Mobility Ltd. extended their losing streak for a third consecutive session on Tuesday, slipping another 1%…

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No Cookies | The Courier Mail

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