Foreign airlines trapped funds

Anambra APC Chieftain, Nze Duru, Hails Ejidike-Led Exco

Forex Backlogs: APC Chieftain, Nze Duru, Calls On CBN To Investigate Foreign Airlines’ Claim Of Unpaid $700m

Nze Duru, has called on President Bola Tinubu and the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, to intervene and order a thorough investigation into the circumstances surrounding settlement of unpaid

Victor Ezeja

8 months ago

Business

CBN, Foreign Airlines Differ On $700m Trapped Fund

The Central Bank of Nigeria (CBN) declared on Tuesday that it had settled all verified claims by foreign airlines, culminating in an additional payment of $64.44 million

Emmanuel Ochayi

10 months ago

Why Nigerian Airlines Have Been Unable To Compete With Foreign Operators - Keyamo

Business·Transport

Forex Crisis: Foreign Airlines Threaten To Exit Nigeria Over Trapped Funds

Minister of Aviation and Aerospace Development, Festus Keyamo, is facing a daunting challenge of preventing more foreign airlines from suspending operations in Nigeria due to trapped funds.

Emmanuel Ochayi

10 months ago

Trapped Funds: Foreign Airlines Express Frustration Over ‘Paltry’ $61m Payment, Threaten Exit From Nigeria

Foreign airlines operating in Nigeria express dissatisfaction with the initial $61 million payment by the government, warning of potential service withdrawals.

Victor Ezeja

10 months ago

Nigeria Blocks $802 million Revenue Belonging To Foreign Airlines

Business·Currency·Transport

‘Foreign Airlines May Exit Nigeria’s Airspace’ – IATA Ranks Nigeria Country With Highest Trapped Funds

It has emerged that over $792 million belonging to foreign airlines are currently trapped in Nigeria leaving them without dollar bills for their business, a development that is currently hampering their operations

Victor Ezejaand

Admin

12 months ago

Moghalu, British Gov’t Support Tinubu’s Fuel Subsidy Removal, Forex Reforms

Business

Foreign Airlines To Meet With Tinubu’s Gov’t Over $812.2m Trapped Funds

The Regional Vice President of Africa and Middle East for the International Air Transport Association (IATA), Kamil Alawadhi, has disclosed that foreign airlines will meet with President Bola Tinubu’s representatives over their

Fakoyejo Olalekan

1 year ago

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business

Senate Directs CBN To Give Foreign Airlines 2% Of Foreign Reserves

The Senate has directed the Central Bank of Nigeria (CBN) to increase the foreign exchange allocation to foreign airlines operating in Nigeria. This was made known on Wednesday after a motion titled; “Current

Fakoyejo Olalekan

2 years ago

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Forex Backlogs: APC Chieftain, Nze Duru, Calls On CBN To Investigate Foreign Airlines’ Claim Of Unpaid $700m

CBN, Foreign Airlines Differ On $700m Trapped Fund

Forex Crisis: Foreign Airlines Threaten To Exit Nigeria Over Trapped Funds

Trapped Funds: Foreign Airlines Express Frustration Over ‘Paltry’ $61m Payment, Threaten Exit From Nigeria

‘Foreign Airlines May Exit Nigeria’s Airspace’ – IATA Ranks Nigeria Country With Highest Trapped Funds

Foreign Airlines To Meet With Tinubu’s Gov’t Over $812.2m Trapped Funds

Senate Directs CBN To Give Foreign Airlines 2% Of Foreign Reserves

Featured Stories

Nokia CEO Says Humans To Be Implanted With 6G Chips, Sets Timeframe

How Crude Oil Theft Stifles Nigeria’s Potential Despite OPEC Quota Progress

Ghana’s Economic Reality Check: Beyond The Tax Reforms

Nigeria: As Ruling Political Parties Sweep State and Local Elections…

Latest News

DUEF, Dominican University hold Dinner & Awards To Support Quality Education, Leadership

Tax Reforms: Bridging Or Widening The Divide?

Economic Challenges In Nigeria: Citizens Voice Concerns Amid Claims Of Recovery

Things To Know About Pam Bondi, Trump’s Latest Pick For Attorney General

APC Campaign Council

Categories

Suggestions

Foreign airlines trapped funds

Follow Us

Featured Stories

Latest News

APC Campaign Council

Categories