Forex Scarcity: $450m Ticket Revenue of Foreign Airlines Trapped in Nigeria

As Nigeria rations its scarce foreign exchange, foreign operators operating in the country are paying heavy price as they are blocked from repatriating a sum of $450 million (N188.6 billion) ticket revenue to their respective countries. The International Air Transport Association (IATA) has expressed concern over the decision by the Federal Government of Nigeria to … Continue reading Forex Scarcity: $450m Ticket Revenue of Foreign Airlines Trapped in Nigeria