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Emirates Airlines

Nigerian Airlines To Resume Flights To UAE As Keyamo Secures Reciprocal Rights

Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has concluded negotiations with the United Arab Emirates (UAE) for a new Bilateral Air Service Agreement (BASA) that will allow both countries to enjoy reciprocal rights of direct flight operations. Keyamo and his

September 27, 2024

News

AITE Chairman Cautions Nigerian Govt Over Return Of Emirates

Chairman of the Africa Investment and Trade Summit and Exhibition (AITE), Tunde MacAlabi, has cautioned the Nigerian government over what he considers its undue excitement over the scheduled return of Emirates Airlines to Nigeria in October. MacAlabi said: “There is no need

May 19, 2024

Nigeria Accounts For 35% Of Foreign Airlines’ Trapped Funds Globally

Business

Emirates Resumes Lagos-Dubai Flight Services October 1

Emirates Airlines has announced that it would resume flight services to Nigeria, starting with Lagos to Dubai from October 1, 2024.

May 16, 2024

Business·Insights

21 International Airlines Operating In Nigeria

Nigeria is Africa’s largest economy, which makes every sector, especially the aviation industry, a lucrative market for international airline operators to set up shop. Air travel is vital to Nigeria’s gross domestic product (GDP), with 16.17 million passengers going through the country’s

June 19, 2023

Emirates To Suspend Flights To Nigeria Over Inability To Repatriate Earnings

Business

Trapped Funds: Emirates Airlines To Proceed On Suspension of Nigerian Flights Despite CBN Intervention

Emirates Airlines has revealed that the suspension of Nigerian flights will continue after the Central Bank of Nigeria (CBN) released funds to settle protest among foreign airlines over trapped funds. Two weeks ago, the United Arab Emirates national carrier disclosed that it

September 1, 2022

Business·News

Delta Airlines To Stop New-York-Lagos Flights Over Trapped Dollars

Delta Air Lines has announced that it will stop operating flights from New York JFK airport to Lagos, stating that the market environment doesn’t encourage the continuation of the flights. In a statement released by the United States carrier, the company said

August 30, 2022

News·World News

Trapped Funds: CBN Releases $265m To Foreign Airlines In Latest Strategic Move

In a strategic move to address the issue of trapped funds belonging to foreign airlines and check the brewing crisis in Nigeria’s aviation sector, the Central Bank of Nigeria (CBN) has released the sum of $265 million to settle outstanding ticket sales.

August 26, 2022

Nigeria Blocks $802 million Revenue Belonging To Foreign Airlines

Business

Foreign Airlines’ Trapped Funds In Nigeria Up $14 million In Two Months – IATA

The International Air Transportation Association (IATA) said it is disappointed at the Nigerian government over the repatriation issue foreign airlines are experiencing in the country. IATA said due to foreign airlines inability to repatriate their funds, the total amounts the international companies

August 19, 2022

Business·World News

$600 million Trapped: Emirates Airlines Warns Nigerian Govt, Plans To End Flight Operations

Emirates Airlines have given Nigerian government a condition to resolve the company’s inability to access its foreign exchange or the firm will end its operation in the country. The Dubai firm’s $85 million foreign currency is trapped in Nigeria, as the Central

August 18, 2022

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Emirates Airlines

Nigerian Airlines To Resume Flights To UAE As Keyamo Secures Reciprocal Rights

AITE Chairman Cautions Nigerian Govt Over Return Of Emirates

Emirates Resumes Lagos-Dubai Flight Services October 1

21 International Airlines Operating In Nigeria

Trapped Funds: Emirates Airlines To Proceed On Suspension of Nigerian Flights Despite CBN Intervention

Delta Airlines To Stop New-York-Lagos Flights Over Trapped Dollars

Trapped Funds: CBN Releases $265m To Foreign Airlines In Latest Strategic Move

Foreign Airlines’ Trapped Funds In Nigeria Up $14 million In Two Months – IATA

$600 million Trapped: Emirates Airlines Warns Nigerian Govt, Plans To End Flight Operations

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