CBN releases $265m to foreign airlines Archives - The Pacesetter Frontier Magazine

CBN releases $265m to foreign airlines

August 27, 2022 by Editor Leave a Comment

Soothing news came the way of foreign airlines on Friday, as the Central Bank of Nigeria (CBN) says it has released $265 million to them to repatriate funds accrued from ticket sales. A breakdown of the figure indicates that the sum of $230 million was released as special FX intervention while another sum of $35 … [Read more…]