Central Bank Of Nigeria Releases $265million After Backlash To Aviation Industry To Settle Foreign Airlines$230million was released as special foreign exchange intervention while another $35million was released through Retail SMIS auction.
A breakdown of the figure indicated that $230million was released as special foreign exchange intervention while another $35million was released through Retail SMIS auction. There has been serious concerns and reactions over hundreds of millions of dollars earned by foreign airlines operating in the country which they could not repatriate due to foreign exchange scarcity problems.
SaharaReporters earlier reported that Emirates Airlines had announced that it would suspend its flights to Nigeria from September 1 this year.
cenbank A sign for naira crashing to 600 official rate. 750 parallel market...
cenbank This is a relief
cenbank Hmmmm Just cos it gonna affect them ,they resolve the issues but ASUU strike is meaningless to them. Gbogbo yin eni kure.
cenbank Fake news
cenbank
cenbank
cenbank Always doing the right thing at the wrong time. The dangers of having a square peg in a round hole.
cenbank Better for them , the so called politicians need the foreign airlines to function, more than we the masses. The need to continue that flamboyant life style and trips abroad. nonsense
cenbank This one affects the politician. 😂 They have to keep the aeroplanes flying.
cenbank Kai. They were very fast in settling this issue because it will affect them. but ASUU strike no concern them 😢
cenbank Naira is about to tank further..😩
cenbank Over 111billion naira , bcos nah them he go effect not the masses, so they quickly intervene
cenbank Buhari government is the worst ever....
cenbank They are so fast in settling this
cenbank
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Source: SaharaReporters - 🏆 9. / 63 Read more »