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  1. Aviation Industry Gets Boost as Nigeria Resolves $850M FX Backlog

    Nigeria Aviation Industry Gets Boost as Nigeria Resolves $850M FX Backlog

    Nigeria resolves 98% of $850 million FX backlog owed to international airlines, signaling progress amid FX market instability. Nigeria has made significant progress in addressing its foreign exchange (FX) backlog owed to international airline operators, settling 98% of the $850 million owed...
  2. Nigeria News

    Business BREAKING: Intl. Airlines to adjust exchange rates for tickets to N803/$1 from 18th July - Nairametrics

    https://nairametrics.com/2023/07/17/breaking-intl-airlines-to-adjust-exchange-rates-for-tickets-to-n803-1-from-18th-july/
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    Business Airlines Need Up To $200 bn In Emergency Aid – IATA – Channels Television

    https://www.channelstv.com/2020/03/19/airlines-need-up-to-200-bn-in-emergency-aid-iata/
  4. curator

    Nigeria clears $600m belonging to international airlines, says IATA – Punch Newspapers

    The International Air Transport Association on Tuesday said Nigeria has repatriated the $600 million, belonging to international airlines that was trapped in the country due to foreign exchange shortages. The Director-General of IATA, Mr Alexandre de Juniac, on its website gave the credence at...
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    Business Nigerian Govt Threatened by Int'l Aviation Body Over Money Issue With Foreign Airlines

    The International Air Transport Association (IATA) has called on countries with tight currency exchange rate controls (countries like Nigeria) to release $5 billion worth of local ticket sales revenues owed to foreign airlines, or risk losing their services. The association said airline...
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