In 2004, the Nigerian government and Virgin Group signed an agreement to establish a new airline for Nigeria, to be called Virgin Nigeria Airways. The airline’s inaugural flight was in June 2005 from Lagos to London Heathrow. Virgin Nigeria quickly became one of Nigeria’s largest airlines, carrying its 1,000,000th passenger and 4,000th ton of freight within two years of operation.
In 2008, Virgin Atlantic announced that it was “in talks to sell its 49 percent stake in Virgin Nigeria” and reviewing “whether it is appropriate that the Virgin brand should remain linked to Virgin Nigeria”. In January 2009, Virgin Nigeria announced they would suspend all long haul flights. In September 2009, Virgin Nigeria announced they had rebranded as Nigerian Eagle Airlines. In June 2010, it was announced that the airline had undergone a further name change to Air Nigeria. In September 2012 Air Nigeria ceased all its local, regional and international operations.
Source: Wikipedia