CBN’s $265m to Airlines Saved Nigeria from Grinding to Halt
The federal government through the Central Bank of Nigeria (CBN) averted what aviation experts say would have been a national…
Aviation authorities debunk dollarisation of flight tickets, upward review of aviation charges
The federal Aviation authorities , yesterday, debunked claims that international flight tickets had been dollarised, with foreign airlines allegedly rejecting…
FG is engaging CBN on $600m trapped foreign airlines’ funds — Lai Mohammed
As the challenges in the nation’s aviation sector linger, the Federal Government, yesterday, disclosed it was currently engaging relevant authorities…
More airlines to suspend Nigerian operations over trapped forex
More international carriers are gearing to join the Emirates Airlines which announced, on Thursday, the suspension of its flight operations…
Foreign airlines’ trapped funds in Nigeria hit $464m in July, says IATA
The International Air Transportation Association (IATA) says foreign airlines’ funds being withheld in Nigeria increased from $450 million in May…
How Ethiopian Airline Pilots Sleep Off, Miss Landing
TWO pilots are believed to have fallen asleep and missed their landing during a flight from Sudan to Ethiopia on…
Foreign Airlines May Quit Nigeria By December —NANTA
There are concerns that foreign airlines operating into Nigeria have concluded plans to blacklist the country should the Federal Government…
Emirates suspends flights from Nigeria over trapped $85m
Following complaints of trapped funds in Nigeria, United Arab Emirates (UAE) flag carrier, Emirates Airlines would stop flights operations in…
BREAKING: Emirates Suspends Flights to Nigeria From September
Dubai based Emirates Airlines on Thursday announced the suspension of its flight operations in Nigeria from September 1, 2022. It…
Nigeria Becomes Most Indebted To Foreign Airlines Globally
THE ongoing controversy over the foreign airlines’ trapped funds in Nigeria may soon explode on the face of the Federal…