-
Nigeria: Airlines Unable to Repatriate $464 Million From Nigeria, IATA Says
Premium Times, 19 August 2022
The central bank says it's doing everything to ensure airlines get their money out. Read more »
-
Nigeria: U.S.$600m Trapped Fund - Foreign Airlines Mull Pull Out of Nigeria
Vanguard, 19 August 2022
The Federal Government's inability to allow foreign airlines operating in the country's airspace to repatriate their funds might in the coming days force them to suspend their… Read more »
-
Nigeria: Emirates Announces Flight Suspension to Nigeria
Premium Times, 18 August 2022
The airline says it has not been able to repatriate $85 million from Nigeria. Read more »
-
Nigeria: Emirates Suspends Flights From Nigeria Over Trapped $85m
Vanguard, 18 August 2022
Following complaints of trapped funds in Nigeria, United Arab Emirates, UAE, flag carrier, Emirates Airlines, says effective September 1, it would stop flights operations in and… Read more »
-
Nigeria: Emirates Suspends Flights to Nigeria Over Trapped Funds
Leadership, 18 August 2022
Emirates Airline, On Thursday, announced the suspension of all flights in and out of Nigeria due to unpaid $85million trapped in the country and unavailability of foreign exchange. Read more »
-
Nigeria: No Immediate Solutions to Aviation Industry Crisis - Sirika
Premium Times, 27 July 2022
The scarcity of aviation fuel and forex has forced some airlines to shut down operations. Read more »
-
Nigeria: Nigeria Blocking Repatriation of U.S.$450 Million in Foreign Airline Revenue - IATA
This Day, 20 June 2022
The International Air Transport Association (IATA) has disclosed that airlines unremitted revenues from Nigeria (known as blocked funds) has risen to $450 million, representing 25… Read more »