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5 Cheapest Airlines in Nigeria
Air transportation is regarded as the fastest and largely, the most convenient means of transportation in Nigeria today. It is also seen as the safest, hence, the most preferred means of transportation by a mile. While there are loads of advantages that come with air transportation, the main issue with it is how much it goes for. This mode of transportation is largely the most expensive, thereby restricting a fraction of people from accessing it.
In this post, we will be considering the 5 cheapest Airlines in Nigeria. We will consider this based on their process on and off-peak period.
Table of Contents
Cheapest Airlines in Nigeria
The airline industry has boomed in Nigeria over the past decade. With a lot of people now preferring to travel by air, many airlines have been birthed, breeding significant competition in the industry. Some airlines have found a way to stand among the most sought after though, with significantly affordable airline tickets. These airlines, although might not necessarily be the very best, are largely comfortable, stress-free and easily accessible.
Here, we will take a look at five of the cheapest airlines currently running in Nigeria. The list is compiled based on their average prices of tickets during peak and of peak periods. Peak periods usually see a surge in prices of air tickets due to the huge demand at the time. This period might not be the best time to estimate how cheap or expensive a flight ticket. Hence, the combination of the off-peak period and the slight-peak period.
See below the 5 cheapest Airlines in Nigeria today.
1. Dana Air
Dana Air rates among the cheapest Airlines in Nigeria today. The Nigeria-based air company, which is owned by a group of Indians, is one of the most popular and oldest airlines that is still operational today. While it might have lost its grip as the very best airline in Nigeria, as they once were rated, they still remain among the highest rated in the industry.
Dana Air have lost their license more than once in recent times largely due to safety reasons, although they have since solved the issues and are fully operational to the best standards. Dana Air is currently among the cheapest in airlines in Nigeria. During off-peak seasons, their tickets go as low as N20, 000 within the country.
As it stands, Dana Air routes include airports in Port Harcourt, Owerri, Abuja, Lagos and a few other cities in Nigeria. You can get a ticket for as low as N21, 000 for an economy ticket from Abuja to Lagos during off-peak, although expect it to be way more for a one-way trip during busy periods.
2. Air Peace
It is astonishing to see how Air peace has done since they slid into the industry in 2013. Apart from the fact that they currently rate as one of the most popular airlines in Nigeria, they are among the most sought after. They have earned positive reviews for their operations and willingness to make their customers as comfortable as possible.
Despite their premium status, Air Peace run as one of the cheapest airlines in the country. With their very affordable air ticket fees and top-class safety measures and controls, it is easy to see why they are rated among the very best today. They currently maintain their status among the cheapest without compromising top-class operation and safety.
Air Peace is a private company that flies to and from major cities in Nigeria, which include Lagos, Owerri, Abuja, Port Harcourt, Sokoto, Kaduna, Calabar, Benin, Uyo and have also extended their trade to Kano in recent times. They are among the airlines tipped to go international, and specifically, outside the continent soon, with Dubai being their flagship international terminus.
As it stands, you can get an Air Peace airline ticket for as low and N22, 000 during off-peak periods to your local destination. To get this offer though, you are expected to have booked your ticket to the destination a few weeks before the proposed date as you can expect a hike in price if you are to book a few days or hours to the day.
3. Arik Air
Arik Air is another standout airline that is currently operational in Nigeria. With their main competitors being Air Peace and the fast-rising Max Air, the airline has decided to maintain a competitive air ticket price. Founded by Arumemi Ikhide in the early years of the past decade, the airline has come a long way in building a lasting reputation as one of the most rated and appreciated.
With no damaging record over the years, Arik can easily rate among the best. They fly back and forth major cities including Lagos, Abuja, Benin, Asaba, and some other states. Their flight tickets are largely affordable and with less than N23, 000 you can book a flight to a local destination during off-peak periods.
4. Medview
Medview is one of the few airlines that run international routes in Nigeria. Their routes include London, Ghana, Saudi Arabia, among others. Their air tickets for local trips can go as low as N24, 000 during off-peak periods although they surge expressly to higher amounts during busy seasons.
5. Max Air
Max Air is one of the country’s leading airlines. The airline operates domestic, regional and international flight networks. While they are not necessarily the cheapest airline in Nigeria, they are among the top five most affordable. You can book a local flight ticket for less than N26, 000.
Air transportation is regarded as the fastest and largely, the most convenient means of transportation in Nigeria today. It is also seen as the safest, hence, the most preferred means of transportation by a mile. While there are loads of advantages that come with air transportation, the main issue with it is how much it goes for. This mode of transportation is largely the most expensive, thereby restricting a fraction of people from accessing it.
In this post, we will be considering the 5 cheapest Airlines in Nigeria. We will consider this based on their process on and off-peak period.
Table of Contents
Cheapest Airlines in Nigeria
The airline industry has boomed in Nigeria over the past decade. With a lot of people now preferring to travel by air, many airlines have been birthed, breeding significant competition in the industry. Some airlines have found a way to stand among the most sought after though, with significantly affordable airline tickets. These airlines, although might not necessarily be the very best, are largely comfortable, stress-free and easily accessible.
Here, we will take a look at five of the cheapest airlines currently running in Nigeria. The list is compiled based on their average prices of tickets during peak and of peak periods. Peak periods usually see a surge in prices of air tickets due to the huge demand at the time. This period might not be the best time to estimate how cheap or expensive a flight ticket. Hence, the combination of the off-peak period and the slight-peak period.
See below the 5 cheapest Airlines in Nigeria today.
1. Dana Air
Dana Air rates among the cheapest Airlines in Nigeria today. The Nigeria-based air company, which is owned by a group of Indians, is one of the most popular and oldest airlines that is still operational today. While it might have lost its grip as the very best airline in Nigeria, as they once were rated, they still remain among the highest rated in the industry.
Dana Air have lost their license more than once in recent times largely due to safety reasons, although they have since solved the issues and are fully operational to the best standards. Dana Air is currently among the cheapest in airlines in Nigeria. During off-peak seasons, their tickets go as low as N20, 000 within the country.
As it stands, Dana Air routes include airports in Port Harcourt, Owerri, Abuja, Lagos and a few other cities in Nigeria. You can get a ticket for as low as N21, 000 for an economy ticket from Abuja to Lagos during off-peak, although expect it to be way more for a one-way trip during busy periods.
2. Air Peace
It is astonishing to see how Air peace has done since they slid into the industry in 2013. Apart from the fact that they currently rate as one of the most popular airlines in Nigeria, they are among the most sought after. They have earned positive reviews for their operations and willingness to make their customers as comfortable as possible.
Despite their premium status, Air Peace run as one of the cheapest airlines in the country. With their very affordable air ticket fees and top-class safety measures and controls, it is easy to see why they are rated among the very best today. They currently maintain their status among the cheapest without compromising top-class operation and safety.
Air Peace is a private company that flies to and from major cities in Nigeria, which include Lagos, Owerri, Abuja, Port Harcourt, Sokoto, Kaduna, Calabar, Benin, Uyo and have also extended their trade to Kano in recent times. They are among the airlines tipped to go international, and specifically, outside the continent soon, with Dubai being their flagship international terminus.
As it stands, you can get an Air Peace airline ticket for as low and N22, 000 during off-peak periods to your local destination. To get this offer though, you are expected to have booked your ticket to the destination a few weeks before the proposed date as you can expect a hike in price if you are to book a few days or hours to the day.
3. Arik Air
Arik Air is another standout airline that is currently operational in Nigeria. With their main competitors being Air Peace and the fast-rising Max Air, the airline has decided to maintain a competitive air ticket price. Founded by Arumemi Ikhide in the early years of the past decade, the airline has come a long way in building a lasting reputation as one of the most rated and appreciated.
With no damaging record over the years, Arik can easily rate among the best. They fly back and forth major cities including Lagos, Abuja, Benin, Asaba, and some other states. Their flight tickets are largely affordable and with less than N23, 000 you can book a flight to a local destination during off-peak periods.
4. Medview
Medview is one of the few airlines that run international routes in Nigeria. Their routes include London, Ghana, Saudi Arabia, among others. Their air tickets for local trips can go as low as N24, 000 during off-peak periods although they surge expressly to higher amounts during busy seasons.
5. Max Air
Max Air is one of the country’s leading airlines. The airline operates domestic, regional and international flight networks. While they are not necessarily the cheapest airline in Nigeria, they are among the top five most affordable. You can book a local flight ticket for less than N26, 000.
What hone means?
(Entry 1 of 3) transitive verb. 1 : to sharpen or smooth with a whetstone. 2 : to make more acute, intense, or effective : whet helped her hone her comic timing— Patricia Bosworth.
How do you pronounce hone?
What mean honing?
The verb hone means to sharpen skills. Use hone to describe someone working hard, perfecting or sharpening skills, as in “She is honing her skills as an actress by working in community theater.” Hone, which rhymes with phone, is from the Old English word, han, meaning “stone, rock.”
Is the H silent in human?
H is silent in many English words, for various reasons. Not all such words that have come into English from French still have a silent h, however. Over the centuries we have come to pronounce the h in words like horrible, hospital, host, human, and humour.
What hone means?
(Entry 1 of 3) transitive verb. 1 : to sharpen or smooth with a whetstone. 2 : to make more acute, intense, or effective : whet helped her hone her comic timing— Patricia Bosworth.
How do you pronounce hone?
What mean honing?
The verb hone means to sharpen skills. Use hone to describe someone working hard, perfecting or sharpening skills, as in “She is honing her skills as an actress by working in community theater.” Hone, which rhymes with phone, is from the Old English word, han, meaning “stone, rock.”
Is the H silent in human?
H is silent in many English words, for various reasons. Not all such words that have come into English from French still have a silent h, however. Over the centuries we have come to pronounce the h in words like horrible, hospital, host, human, and humour.
When it comes to starting a blog, one of the common questions people ask is always related to the total amount required in developing one. While some blog as a hobby, some others do it as a source of income. Depending on how simple or complex you want your blog to be, the amount required to completely build the blog varies.
In this post, we will take a look at an estimated amount it costs to build a standard blog from start to finish. We will focus on the core parts of blog creation and areas you will likely spend on.
How Much Does it Cost to Start Blogging in Nigeria?
Regardless of the kind of blog you are looking to build, it actually does not cost so much. Although the actual start-to-finish costs can vary depending on the complexity of the blog, you wouldn’t necessarily need to break the bank to complete a standard one.
Here, we will cover the core aspects of blogging that might require you to spend certain amounts. We will categorize each core process and highlight how much you might likely sped per step, depending on what you are looking to build.
Getting a Domain Name
This is usually the first and, in most cases, the most important step when it comes to starting a blog. The Domain name is what makes people actually find your blog when searched on the internet. The Domain name not only serves as the identity of your blog, it carries the name and the address. Usually, you are required to pay for a domain name if you are looking to build a standard blog. Domain names generally cost between $7 – $15 depending on the domain registrar you are using. See below the price list of popular domain registrar available in Nigeria and how much they charge.
- GoDaddy – $9 – $10
- NameCheap – $10 – $11
- Ng – N990 (for a .ng) and N2900 (for a .com)
In addition to the purchase of a domain name, you are expected to pay a certain amount annually for renewal of the domain. In most cases, you pay similar amount you paid for the domain in the first place.
Buying a Web Hosting Plan
After purchasing a subscribing for a domain name, the next step is looking to get a host for the blog. Your blog requires web hosting to store the site content on the internet and ensures it is accessible to everyone. While you wouldn’t necessarily need to know the technicalities and the complicity around the process, you can just reach companies that handle these to help host the blog.
Regardless of the kind of blog you are looking to build, you will be required a host for your website to get it to the level you want. Depending on the host you are using, this should not cost you up to $10 per month. DomainKing.ng for instance, offers hosting for as low as N300 depending on the package. Although most hosting companies charge monthly, there are some packages that allow customer pay discounted amounts if they are paying yearly.
WordPress.com – Free
After you have spent on those first two, you can now relax and enjoy your blog. WordPress is the platform that afford you the chance to put content on your blog. This is one of the most fun bit of the blogging process. All you need to do is download the WordPress software free and install it into your workstation. You can also just assess it directly online. You can then create. Another option most people have is to sign up for web hosting through a service like the HostGator, which allows for a more direct WordPress installation. You wouldn’t need to pay a dime for the installation and setting up your blog on WordPress. The platform also allows you to customize your blog, design your themes and contents. While there are generic themes you can use for your blog, there are other themes you might be required to pay for.
Overall Estimated Cost of Starting a Blog in Nigeria
Anyone can get a blog of their own regardless of what type of blog you are looking to create. So far you can get a domain name and web hosting, usually for less than $100 per annum. Doing a rough calculation, it would break down as $10 – $15 to get a domain name and say, $7 – $8 per month for hosting, which approximates to about $85 per year.
Converting this to naira, you might not even pend up to N30, 000 per year depending on the currency exchange rate at the period, where you are purchasing the domain name from and largely, the service you are selecting to host the web.
Regardless of why you are starting the blog, whether it is for fun or to make profit, it is essential for every blogger to be able to go through the main blogging process and decide on the best niche for his or her blog. One of the core aspects of blogging is content creation.
This, depending on the kind of blog you look to run, might come with its own expense. If you are running a blog that require you to hire a content creator, you might need to include the cost in your planning. Having all these planned out will go a long way in sustaining the blog.
When it comes to starting a blog, one of the common questions people ask is always related to the total amount required in developing one. While some blog as a hobby, some others do it as a source of income. Depending on how simple or complex you want your blog to be, the amount required to completely build the blog varies.
In this post, we will take a look at an estimated amount it costs to build a standard blog from start to finish. We will focus on the core parts of blog creation and areas you will likely spend on.
How Much Does it Cost to Start Blogging in Nigeria?
Regardless of the kind of blog you are looking to build, it actually does not cost so much. Although the actual start-to-finish costs can vary depending on the complexity of the blog, you wouldn’t necessarily need to break the bank to complete a standard one.
Here, we will cover the core aspects of blogging that might require you to spend certain amounts. We will categorize each core process and highlight how much you might likely sped per step, depending on what you are looking to build.
Getting a Domain Name
This is usually the first and, in most cases, the most important step when it comes to starting a blog. The Domain name is what makes people actually find your blog when searched on the internet. The Domain name not only serves as the identity of your blog, it carries the name and the address. Usually, you are required to pay for a domain name if you are looking to build a standard blog. Domain names generally cost between $7 – $15 depending on the domain registrar you are using. See below the price list of popular domain registrar available in Nigeria and how much they charge.
- GoDaddy – $9 – $10
- NameCheap – $10 – $11
- Ng – N990 (for a .ng) and N2900 (for a .com)
In addition to the purchase of a domain name, you are expected to pay a certain amount annually for renewal of the domain. In most cases, you pay similar amount you paid for the domain in the first place.
Buying a Web Hosting Plan
After purchasing a subscribing for a domain name, the next step is looking to get a host for the blog. Your blog requires web hosting to store the site content on the internet and ensures it is accessible to everyone. While you wouldn’t necessarily need to know the technicalities and the complicity around the process, you can just reach companies that handle these to help host the blog.
Regardless of the kind of blog you are looking to build, you will be required a host for your website to get it to the level you want. Depending on the host you are using, this should not cost you up to $10 per month. DomainKing.ng for instance, offers hosting for as low as N300 depending on the package. Although most hosting companies charge monthly, there are some packages that allow customer pay discounted amounts if they are paying yearly.
WordPress.com – Free
After you have spent on those first two, you can now relax and enjoy your blog. WordPress is the platform that afford you the chance to put content on your blog. This is one of the most fun bit of the blogging process. All you need to do is download the WordPress software free and install it into your workstation. You can also just assess it directly online. You can then create. Another option most people have is to sign up for web hosting through a service like the HostGator, which allows for a more direct WordPress installation. You wouldn’t need to pay a dime for the installation and setting up your blog on WordPress. The platform also allows you to customize your blog, design your themes and contents. While there are generic themes you can use for your blog, there are other themes you might be required to pay for.
Overall Estimated Cost of Starting a Blog in Nigeria
Anyone can get a blog of their own regardless of what type of blog you are looking to create. So far you can get a domain name and web hosting, usually for less than $100 per annum. Doing a rough calculation, it would break down as $10 – $15 to get a domain name and say, $7 – $8 per month for hosting, which approximates to about $85 per year.
Converting this to naira, you might not even pend up to N30, 000 per year depending on the currency exchange rate at the period, where you are purchasing the domain name from and largely, the service you are selecting to host the web.
Regardless of why you are starting the blog, whether it is for fun or to make profit, it is essential for every blogger to be able to go through the main blogging process and decide on the best niche for his or her blog. One of the core aspects of blogging is content creation.
This, depending on the kind of blog you look to run, might come with its own expense. If you are running a blog that require you to hire a content creator, you might need to include the cost in your planning. Having all these planned out will go a long way in sustaining the blog.
What is considered a small cap stock?
A small cap is generally a company with a market capitalization of between $300 million and $2 billion. Small cap stocks have historically outperformed large cap stocks but have also been more volatile and riskier investments.
What are the top 10 small cap stocks?
List of Best Small-Cap Stocks to Buy now in India 2021
| Sr. No | Company Name | BSE Scrip Code |
|---|---|---|
| 7 | Bajaj Consumer Care | 533229 |
| 8 | Heidelberg Cement | 500292 |
| 9 | Mishra Dhatu Nigam Ltd. | 541195 |
| 10 | JK Paper Ltd | 532162 |
•
Mar 1, 2021
What are US small caps?
Small–cap: $300 million to $2 billion. Micro-cap: $50 million to $300 million. Nano-cap: Under $50 million.
Are small-caps a good investment?
While small–cap stocks generally carry greater risk than the stocks of large companies, that risk cuts both ways. Small–caps are more likely to lose value during a crisis like the coronavirus pandemic, but the attractive upside potential in bull markets makes them worth the risk for many investors.
Are small-caps a good investment now?
Investors should consider adding small–cap stocks to their portfolio. Even though small–cap stocks outperformed large caps in 2020, the companies in this sector are predicted to continue their upward trend. The Russell 2000, a small–cap index, generated a 20% return in 2020.
Is it better to invest in small-cap or large cap?
Small–cap stocks tend to offer greater returns over the long-term, but they come with greater risk compared to large–cap companies. Large–cap companies are typically a safer investment, especially during a downturn in the business cycle, as they are much more likely to weather changes without significant harm.
How much should I invest in a small-cap?
You can start with 50 percent of your stocks in large-caps, 30 percent in mid-caps, 20 percent in small–caps. Adjust from there according to your risk tolerance. For example, if you want more growth, you could go with 40 percent large-caps, 40 percent mid-caps and 20 percent small–caps.
Will small-cap stocks recover?
Small–cap stocks and mid-cap stocks have had a significant correction in their forward P/Es compared to large-caps. They have not had any notable recovery progress from their highs either. Forward P/Es for large-caps are extremely high while small–caps and mid-caps are at levels that we’ve seen the likes of before.
When should I invest in small cap growth?
On average, small–caps have an advantage when the U.S. economy is in recovery mode. When the economy is rebounding, unemployment rates are quickly going down, and businesses are seeing strong earnings growth — this is a great time to invest in small–cap stocks. Of course, small–cap stocks don’t always outperform.
Which Small Cap Fund is best?
Top 10 Small Cap Mutual Funds
| Fund Name | Category | 1Y Returns |
|---|---|---|
| Axis Small Cap Fund | Equity | 88.8% |
| Kotak Small Cap Fund | Equity | 128.3% |
| SBI Small Cap Fund | Equity | 97.1% |
| Nippon India Small Cap Fund | Equity | 118.7% |
Will small caps outperform?
Small caps outperformed both large caps and midcaps – as the S&P 500 (. SPX) generated a 16.3% return, while the S&P MidCap 400 (. MGD) produced a 13.7% return. Even though the bulk of the gain was in the last months of 2020, small–cap stocks should continue to generate higher returns this year.
Will small caps do well in 2021?
In fact, for small–cap investors, it can be very advantageous. With such a strong finish to 2020, it’s not hard to believe that small–caps performance will continue into 2021. After all, history has shown that small–caps tend to thrive in the early stages of economic recovery.
How do I find the best small-cap stock?
How to Find Small–Cap Stocks
- Search for paradigm shifts that are opening up new opportunities.
- Invest only when the market opportunity is huge—and quantifiable.
- Invest in companies before the institutions notice them.
- Invest in stocks that offer both growth and value.
- Avoid big losses.
How many small cap stocks are there?
Different stock tracking companies define the cutoff between large-cap and small–cap companies at different market capitalizations. The Wilshire Associates website states the Wilshire 5000 index includes 747 large-cap stocks, the next 1,737 stocks are small cap, and the balance consist of micro-cap stocks.
What are the best mid cap stocks?
Summary of the best Midcap stocks to buy now in India
| Sr. No | Company Name | BSE Scrip Code |
|---|---|---|
| 1 | Crompton Greaves Consumer Electricals | 539876 |
| 2 | Escorts | 500495 |
| 3 | Relaxo Footwears | 530517 |
| 4 | Polycab India | 542652 |
•
Mar 1, 2021
Should I invest in mid cap stocks?
Relative to small-cap companies, mid–cap companies generally have less risk as their businesses are more diversified and have better access to capital. Relative to large-cap companies, mid–cap companies have the potential to generate higher earnings growth and have less complex business models.
How do you know if a stock is mid cap?
What Are Mid–Cap Stocks? Mid–cap companies are companies whose market cap is above Rs 5,000 crore but less than Rs 20,000 crore. Investing in these companies can be riskier than investing in large-cap market companies. This is because mid–caps tend to be more volatile.
What is an example of a mid cap stock?
Example of the Mid–Cap Stocks
Since the market capitalization of the company XYZ ltd is $ 4 billion, which is between the ranges required for being the mid–cap stock company, i.e., between $ 1 billion to $ 10 billion, so the stocks of the Company XYZ ltd will be the mid–cap stocks.
How do you pick a mid cap stock?
Some of the things GARP investors focus on when evaluating mid–cap stocks include growth measures like sales and earnings growth rates along with value measures like price/earnings and price/cash flow. Whatever measures you choose, the most important criteria should be the quality of the company.
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