Nigeria: Foreign airlines raise fares by 100% over dollar scarcity

Nigeria: Foreign airlines raise fares by 100% over dollar scarcity
28 March 2016, Lagos — The lingering foreign exchange scarcity which has made it difficult for foreign airlines to repatriate their ticket sales proceeds for several months, has forced the carriers to increase their fares by 100 percent. Foreign exchange risk is now a major component of airfares on Nigerian routes, the country managers of […] More »
Nigeria: Foreign airlines raise fares by 100% over dollar scarcity Nigeria: Foreign airlines raise fares by 100% over dollar scarcity Reviewed by Crude Oil Facilitators on 15:05 Rating: 5

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