Tag: Foreign airlines
CBN pays foreign airlines $61.64m FX backlog
The Central Bank of Nigeria (CBN) says it has disbursed approximately $61.64 million to foreign airlines through various banks, in fulfilment of its commitment...
Senate orders CBN to release $717.4m trapped funds to foreign airlines
The Senate, on Wednesday, May 17, directed the Central Bank of Nigeria (CBN) to release $717,478,606 airlines funds trapped in the country.
The Senate also...
Foreign airlines’ trapped funds in Nigeria hit $743.7m
The International Air Transport Association (IATA) says the foreign airlines’ funds trapped in Nigeria have risen to $743.7 million from $662 million.
The IATA, while...
FG: We’ll punish foreign airlines selling tickets in dollars
The Federal Government has vowed to punish foreign airlines selling tickets in dollars, in violation of Nigerian laws.
The Minister of Aviation, Sen. Hadi Sirika,...
