Local Airlines Hike Fares To 100%         One of the most expensive pricing regimes in local airfares may be upon the aviation industry, as ticket rates have more than doubled in a week. The spike, which operators blamed on an exchange rate that hit N500 to $1...

$53m Foreign Airlines’ Funds Trapped In Nigeria - IATA         Foreign airlines trapped funds in Nigeria currently stand at $53 million, according to the International Air Transport Association (IATA). The airlines are unable to repatriate the money which represents proceeds from ticket sales sold in naira due...