Local Airlines Spend N44bn Annually On Overseas Maintenance
Overseas maintenance of aircraft costs scheduled local airlines excess of N44 billion yearly.
The capital flight, from a conservative estimate of about 70 operating airplanes, lately soared given the black market exchange rate of close to N500/$1.
Stakeholders said...
Stock Market Extends Downturn By N44bn
Transactions in the Nigerian equity market, on Tuesday, closed on a negative note for the second consecutive trading day, following sell-off on some high-valued stocks.
The market breadth also closed negative, recording 10 gainers and 19 losers.
The All-Share Index of...