NCAA reads riot act to airlines over flight disruptions

The Nigeria Civil Aviation Authority (NCAA),  has read the riot act to domestic airline operators, expressing displeasure over the alarming reports of incessant delays, flight disruptions, and schedule changes without adequate notice to passengers. In a statement on Sunday, signed by its Acting Director General, Capt. Chris Najomo, it said errant airlines will be sanctioned […]

CBN disburses $61m to foreign airlines to settle mature foreign exchange backlog

The Central Bank of Nigeria (CBN), says it has disbursed 61.64 million dollars to foreign airlines through various Deposit Money Banks (DMBs). According to a statement issued by its Acting Director, Corporate Communications, Mrs Hakama Sidi-Ali in Abuja on Sunday, the disbursement is in fulfilment of CBN’s commitment to eliminate the backlog of pending matured […]