Ethiopia, a market of a hundred million people is opening up to the world by allowing foreign participation in its successful state-owned telecommunications company and airline for the first time.
The country will sell minority stakes to foreign and domestic investors in state monopolies …...
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HOPE MOSES-ASHIKE The Central Bank of Nigeria (CBN) on Friday bolstered activities in the agricultural, airlines, petroleum products and raw materials and machinery sectors with a total of $262.5 million in the inter-bank Foreign Exchange Market. The intervention was the CBN’s first Retail...
On 28 September 2004, the Nigerian government and Virgin Group signed an agreement to establish a new airline for Nigeria, to be called Virgin Nigeria Airways. Nigerian institutional investors owned 51 per cent of the company and Virgin Atlantic Airways the remaining 49 per cent. The airline’s...
The Central Bank of Nigeria (CBN) has approved a Special Secondary Market Intervention Retail Sales (SMIS) for airlines operating in the country.
Also, other critical sectors to benefit from the one-off exercise dedicated to the clearance of the backlog of matured Foreign Exchange obligations...
The Nigerian Civil Aviation Authority says all airlines’ tariffs for services rendered, which include fares, rates, add-on charges or terms and condition of service, have been fully liberalised.
This was contained in a statement by the General Manager, Public Relations of NCAA, Sam Adurogboye...
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