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Air Peace Achieves IATA’s IOSA Certification for Sixth Consecutive Times

The IOSA certification, which is renewed regularly by airlines, presumes that the airline operates with the highest standard of safety.

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Air Peace has achieved its sixth consecutive International Air Transport Association (IATA) Operational Safety Audit (IOSA) certification.

The IOSA certification, which is renewed regularly by airlines, presumes that the airline operates with the highest standard of safety.

Speaking at the presentation ceremony, Dr. Samson Fatokun, IATA’s Regional Director for West and Central Africa, commended Air Peace for consistently meeting the stringent safety requirements.

Fatokun stated that when it comes to global safety standards, Air Peace stands shoulder to shoulder with aviation giants and the best airlines in the world.

He noted that the IOSA certification process, conducted by independent external auditors, is one of the most rigorous assessments in the industry, designed to ensure compliance with international safety and operational standards.

According to him, Air Peace has not only maintained but surpassed expectations, earning a reputation for safety that places it on a pedestal in the international aviation sectors.

Fatokun further emphasized that achieving and renewing the IOSA certification is no small feat, as many airlines struggle to maintain compliance after initial success.

He urged other Nigerian airlines to follow Air Peace’s example, noting that prioritizing safety and operational integrity would elevate the entire industry and enhance Nigeria’s reputation in global aviation.

The Chairman/CEO of Air Peace commended the Nigerian government, particularly the Minister of Aviation, for creating a supportive environment that encourages the growth of local airlines.

He called on other airlines to strive for IOSA certification, which not only validates their safety processes but also positions them as credible competitors on the global stage.

According to him, this milestone is not just a badge of honor for Air Peace but also a source of pride for Nigeria, showcasing the country’s ability to produce world-class airlines capable of holding their own among global giants.

Onyema further expressed his profound gratitude to God, the staff, and the management for their relentless efforts in sustaining this remarkable milestone.

He described the certification as a testament to Air Peace’s unwavering dedication to operational excellence and its commitment to prioritizing the safety and comfort of passengers.

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Business

TCN improves Power Supply to Apapa corridors by additional 208MW

The upgrade replaces an outdoor transformer that had served as a stopgap after the original facility, commissioned in 1985, was decommissioned.

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The Managing Director/Chief Executive Officer of the Transmission Company of Nigeria (TCN), Mr. Sule Ahmed Abdulaziz , says from now Apapa Causeway, Ijora, Amukoko, Ajegunle, Apapa Wharf, Tin Can Island and other major commercial areas, will be having improved power supply.

Abdulaziz made the declaration on Monday during the commission of Ijora and Apapa Road transmission substations in Lagos by additional 208MW .

The project is aimed at improving the volume and reliability of electricity available to distribution companies for onward supply to homes, businesses and industries.

Abdulaziz said that the projects, sponsored by the Japan International Cooperation Agency (JICA) and the World Bank respectively, in partnership with TCN, underscored the Federal Government’s commitment to modernising the transmission network and improving grid stability.

He commended the Ministry of Power, JICA, the Government of Japan, Lagos State Government and other stakeholders for supporting the projects, while appealing for additional grant assistance to upgrade other critical sections of the transmission network.

Speaking at the commissioning, Minister of Power, Mr. Joseph Tegbe, said that the projects were part of the Federal Government’s efforts to address longstanding transmission constraints and infrastructure decay that have limited the country’s ability to fully utilise available generation.

The upgrades increased the Ijora substation’s capacity by 112MW, from 90MVA to 230MVA, following the installation of two new 100MVA transformers.

At Apapa Road, a new Gas Insulated Substation (GIS) added another 96MW, raising the facility’s capacity from 60MVA to 180MVA.

The upgrade replaces an outdoor transformer that had served as a stopgap after the original facility, commissioned in 1985, was decommissioned.

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CBN’s Sidi-Ali wins 2026 overall Spokesperson of the Year Award, courtesy of NSA

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•Mrs Hakama Sidi Ali.

The Ag. Director of Corporate Communications of the Central Bank of Nigeria (CBN), Mrs. Hakama Sidi-Ali, has won the 2026 edition of the National Spokespersons Award (NSA).

The recognition was announced during the 6th National Spokespersons Awards and the 4th Economic Confidential Annual Lecture, organised by Image Merchants Promotion Limited (IMPR), publishers of PRNigeria, Economic Confidential and Spokespersons Digest, held in Abuja, recently.

The organisers stated: “With the latest honour, Sidi-Ali completed an unprecedented hat-trick at the National Spokespersons Awards, becoming the first communications professional to progress from winning a sector-specific award twice consecutively to claiming the overall Spokesperson of the Year title.

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Naira Exchange Rates Tuesday,18 August

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BLACK MARKET RATES

US Dollar (USD) Buy ₦1,405 Sell ₦1,413

Great British Pound (GBP) Buy ₦1,880 Sell: ₦1,900

EURO (EUR) Buy ₦1,580 Sell ₦1,600

Canadian Dollar (CAD) Buy ₦1,020 Sell ₦1,080

South African Rand (ZAR) Buy ₦75 Sell ₦90

Ghana Cedi (GHS) Buy ₦95 Sell ₦110

West African CFA Buy ₦2, 300 Sell ₦2, 400

CENTRAL AFRICAN CFA Buy ₦2,150 Sell 2,250

CBN Exchange Rates

US Dollar (USD) ₦1,349.54

Great British Pound (GBP) ₦1,830.11

EURO (EUR) ₦1,564.79

Swiss Franc (CHF) ₦1,667.74

Chinese Yuan (CNY) ₦200.19

West African CFA (XOF) ₦2. 39

West African Unit Account (WAUA) ₦1,855.18

Saudi Riyal (SAR) ₦359.44

South African Rand (ZAR) ₦83.31

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