The claims by the Central Bank of Nigeria (CBN) that it has successfully cleared all outstanding foreign exchange (FX) backlogs have been disputed by foreign airlines...
The Central Bank of Nigeria (CBN) has released $61.6 million to foreign airlines through various Deposit Money Banks (DMBs). The CBN’s Acting Director of Corporate Communications,...
Foreign airlines have disclosed that about 90 per cent of their $783m remains trapped in the country as the Central Bank of Nigeria (CBN) has directed...
The International Air Transport Association (IATA) has denied setting an exchange rate for international flight tickets in Nigeria. There have been reports that international airlines have...
The Naira closed the official market with a 0.11 per cent increase in value, as the Dollar rate settled at N462.25 kobo/$1 on Tuesday. At the...
The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has disclosed that $120 million will be provided to foreign airlines to enable them repatriate...
The leadership of the House of Representatives on Monday intervened in the ongoing dispute between Nigeria and foreign airlines over the controversial “trapped funds” belonging to...
The frustration and inability of some Nigerians to board foreign airlines over COVID-19 tests has led to the intervention of the Nigerian Civil Aviation Authority (NCAA)....
Foreign airlines operating in Nigeria sold tickets worth about $1.7 billion from January to December 2018, THISDAY investigations have revealed. The amount indicated that there was...
The Nigerian Civil Aviation Authority (NCAA) has threatened to sanction foreign airlines in the country that are yet to automate and integrate into its platform for...
Activities of unaccredited and fake travel agents in the country now account for the loss of travel fares and revenue in excess of 40 per cent...
Except Ethiopian Airlines, other foreign airlines operating in Nigeria are yet to heed the Federal Government’s plea to use Kaduna Airport as alternate airport to Abuja...
The Federal Government has begun the process of wooing foreign airlines back to the country with the imminent release of $300 million out of the $600...
Foreign airlines in Nigeria have expressed concern over the persistent scarcity of dollars and fall of the naira value, both of which have started having a...
The rippled effect of the credit crunch which continues to bite harder in different sectors is also threatening the existence of most of the foreign airlines...
