Foreign airlines lost N6.4bn to naira devaluation

The Country Manager of British Airways, Kola Olayinka has disclosed that foreign airlines operating in Nigeria lost N6.4billion in the N157.6 billion ($800) of their revenues trapped in the Central Bank of Nigeria (CBN) when the Naira was devalued from N197 to N280 by the apex regulator. The BA Country Manager explained that the total […]

Foreign airlines lost N6.4bn to naira devaluation

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