Nigeria's foreign airlines' trapped funds

How Nigeria Can Curb High Airfares On International Routes

Airlines Receive $62m Windfall As CBN Eases Forex Woes By Repaying Banks $2bn Debt

The Central Bank of Nigeria (CBN) has taken a stride in reducing its backlog by repaying $2 billion to Deposit Money Banks, aiming to tackle the escalating volatility in the forex market.

Emmanuel Ochayi

1 year ago

Business

Nigeria Accounts For 35% Of Foreign Airlines’ Trapped Funds Globally

The International Air Transport Association (IATA) said airlines’ funds blocked from repatriation in Nigeria is $812.2 million as of April 2023. According to the association, Nigeria has the highest airline funds blocked

Fakoyejo Olalekan

2 years ago

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Nigeria's foreign airlines' trapped funds

Airlines Receive $62m Windfall As CBN Eases Forex Woes By Repaying Banks $2bn Debt

Nigeria Accounts For 35% Of Foreign Airlines’ Trapped Funds Globally

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