Tag: Central Bank of Nigeria

Nigeria’s naira plunges to record lows as citizens react to govt’s redesign plan

November 7, 2022

Nigeria's currency, the naira, has dropped to a record low against the US dollar as Nigerians scramble to stockpile the greenback ahead of a redesign ... Read More

Emirates suspends flights to and from Nigeria over blocked funds

November 5, 2022

Dubai-based Emirates Airline suspended flights to and from Nigeria from October 29 over blocked funds, the airline’s spokesperson has confirmed, Zawya reports. “Emirates has continued ... Read More

Int. airlines promised to receive some of their funds trapped in Nigeria

August 30, 2022

The Central Bank of Nigeria said (26 August) it has made US$ 265 million available for release to international airlines shortly after the Dubai-based Emirates ... Read More