Tag: Trapped funds
Nigeria Leads as Airlines’ Trapped Funds in Africa Soar to $1.68 Billion
IATA reveals a record-high of $1.68 billion in funds trapped in Africa, with Nigeria being the top debtor Foreign airlines ...
Concerns Over $54 Million Trapped Funds for Domestic Airlines
Domestic airlines in Nigeria, including Air Peace and Azman Air, face challenges with over $54 million trapped at CBN, affecting ...
Foreign Airlines Still Awaiting Payment for Over 90% of $700 Million in Trapped Funds
Foreign airlines in Nigeria reveal they are yet to receive payment for around 90% of their trapped funds despite CBN ...
We’ll release blocked funds belonging to int’l airlines – FG
The government disclosed that it had commenced the process of paying the companies their unrepatriated funds He disclosed that the ...
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