Experts knock CBN, blame bank over aviation crisis
Aviation experts have advised the Central Bank of Nigeria to allow foreign airlines access to their funds. The Federal Government of Nigeria, a few days
Category : Aviation
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This is the latest news and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.
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Aviation crisis: Airlines cut workforce, Dana mulls resumption
Domestic airlines have continued to cut down on their workforce as the crisis in Nigeria’s aviation industry lingers, it was learnt on Monday. It was
NBS: Airfare rises by 8.43% in July
The National Bureau of Statistics (NBS) on Monday said on month-on-month basis average airfare that passengers paid soared by 8.43% in July 2022. The “Transport
30,000 died of air pollution in Lagos – LASEPA
The Lagos State Environmental Protection Agency has disclosed that air pollution has been responsible for over 30,000 premature deaths in Lagos in 2021. This was
Aviation sector’s GDP crashes by 61% amid crisis
The foreign exchange and fuel crises that have plagued the aviation sector seem to have led to a decline in the sector’s contribution to the
Air Peace flight suffers bird strike
Nigeria’s biggest carrier, Air Peace, has announced that its operating Flight P47154, which departed Lagos at 12noon yesterday, August 27, 2022, for Owerri, could not
Excited by CBN’s $265m, foreign airlines reintroduce lower class tickets
Following the announcement of the release of $265million trapped funds to foreign airlines by the Central Bank of Nigeria (CBN), the international carriers have reintroduced
Aviation experts commend CBN for remitting outstanding ticket sales
Some experts in aviation sector have commended the Central Bank of Nigeria (CBN) for releasing 265 million dollars to airlines operating in the country to
How timely funds release by CBN calmed frayed nerves in aviation sector
The Central Bank of Nigeria’s (CBN) release of $265 million out of foreign carriers’ funds that are stranded in the country, effectively calmed frayed nerves
Release $265m on time, foreign airlines tell FG
The Association of Foreign Airlines and Representatives in Nigeria has asked the Central Bank of Nigeria not to waste time in releasing the promised $265m
