Thursday, 3 November 2016

Published 01:50:00 by

CBN Releases $300m To Foreign Airlines

To cushion the effect of the cash squeeze affecting foreign airlines flying into Nigeria, the Central Bank of Nigeria (CBN) has released $300 million out of the $600 million airlines fund stuck in the country. Some of the airlines have either stopped coming into Nigeria or are threatening to stop because of the inability to remit their money out of the country. Minister of State (