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CBN

CBN releases $425m trapped funds to foreign airlines

The International Air Transport Association (IATA) has said that the Central Bank of Nigeria (CBN) has released $425 million out of $600 million trapped funds belonging...

Emefiele

CBN sells $254.3m to airlines, oil companies

Players in the retail segment of the Nigerian inter-bank foreign exchange market received a $254.3m boost from the Central Bank of Nigeria (CBN) on Friday. Information...

Airline-pilots

Shortage of pilots could hinder airlines’ growth

The worldwide commercial aviation industry would need an extra 255,000 pilots by 2027 to sustain its rapid growth according to a 10-year forecast published by training...

Emefile-CBN

CBN to sell dollars to airlines, fuel importers

Nigeria’s manufacturers, airlines, fuel importers and agriculture businesses will be able to buy dollars at a special market intervention to clear a backlog of foreign...

CBN

CBN to sell dollars to airlines, fuel importers

  Nigeria’s manufacturers, airlines, fuel importers and agriculture businesses will be able to buy dollars at a special market intervention to clear a backlog...

CBN

CBN releases $250m for oil marketers, airlines, others

The Central Bank of Nigeria (CBN) on Wednesday released additional $250m on seven to 30-day forwards for agriculture, airlines, petroleum products and raw materials. The...

Airlines make N330.59bn from tickets sales

N15b debt: Prosecute airlines – Aviation union tells EFCC

Association of Nigerian Aviation Professionals (ANAP) on Thursday called on the Economic and Financial Crimes Commission (EFCC) to arrest and prosecute all debtor...

arik-air

N15b debt: Prosecute airlines – Aviation union tells EFCC

Association of Nigerian Aviation Professionals (ANAP) on Thursday called on the Economic and Financial Crimes Commission (EFCC) to arrest and prosecute all debtor...

CBN

CBN to sell dollars to fuel importers, airlines

The Central Bank of Nigeria (CBN) said on Tuesday it will offer dollar forwards to be delivered within two months to offset a backlog of matured foreign exchange...

CBN

Nigeria central bank to sell dollars to fuel importers, airlines

Nigeria’s central bank said on Tuesday it will offer dollar forwards to be delivered within two months to offset a backlog of matured foreign exchange obligations...

NCAA

Again, airlines breach NCAA’s deadline on ticket sales charges

Domestic airlines in the country have continuously breached the deadlines given to them by the Nigerian Civil Aviation Authority (NCAA) to automate their payment of the...

NCAA

Again, airlines breach NCAA’s deadline on ticket sales charges

Domestic airlines in the country have continuously breached the deadlines given to them by the Nigerian Civil Aviation Authority (NCAA) to automate their payment of the...