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Airlines admit CBN defrayed nearly $700 million foreign carriers’ funds
January to April 2023 still outstanding CBN’s Forex window to airlines stems fund accumulation Some top officials of foreign airlines operating to Nigeria have disclosed that the Central Bank of Nigeria (CBN) has defrayed much of the $700 million in airlines’ funds trapped in the country. The duo officials who spoke to Aviation Metric under the condition of anonymity said the CBN had paid from January 2022 to December last year, stressing that only…
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