UK, US Airfare Surges By 55% As a result of the depreciation of the naira against the United States dollar by 55 per cent on the official foreign exchange market, there has been a decline in airfare on international routes in Nigeria. The naira plummeted from...

Airfare Increases By 34.06% In One Year - NBS   From May, last year, airfare paid by air passengers for a single journey rose by 34.06 per cent from N55,906.86 to N74,948.78 in May 2023. The National Bureau of Statistics (NBS) made this known yesterday in its...

Airfare Hike Due To Forex, Aviation Fuel Scarcity - Operators   The Airline Operators of Nigeria has explained that foreign exchange and aviation fuel shortages in the country were responsible for the recent hike in airfares. The spokesperson of AON, Prof Obiora Okonkwo, disclosed this to our...

Fed Govt Orders Domestic Airlines To Reverse 60% Airfare Hike   The Federal Government on Wednesday ordered domestic airlines to reverse the recent over 60 per cent hike in airfares on domestic routes. It gave the order after investigations by the Federal Competition and Consumer Protection Commission...

Nigerians Face Airfare Hikes As Foreign Airports Impose N950bn Charges         Airfare hikes by international airlines operating flights into Nigeria and other countries may be imminent as airport and air navigation services providers in the United Kingdom, South Africa, European Union, Ethiopia and United States have...