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News

The Rio Times
riotimesonline.com > three-banks-settle-aircraft-duties-nigeria-customs-2026

Three Nigerian Banks Settle Aircraft Import Duties

17+ hour, 31+ min ago   (665+ words) One email, every weekday morning. African markets, politics and business — filed from our newsroom in Rio. Yesterday’s subject line: “Algeria cuts diplomatic ties with the UAE” A recovery campaign that reaches bank-owned jets is unusual. A recovery figure identical to…...

Billionaires.Africa
billionaires.africa > 09/08/2026 > nigerian-billionaire-folorunsho-alakijas-famfa-oil-faces-a-6-7-million-customs-demand

Nigerian billionaire Alakija faces $6.7m customs demand over jet fleet

5+ day, 12+ hour ago   (608+ words) An investigation says FAMFA Oil kept three Bombardier jets worth close to $200 million in Nigeria for over a decade on faulty import papers. FAMFA Oil, the company that made Folorunsho Alakija Africa's richest woman, faces a federal demand for 8.85 billion…...