Foreign Airlines

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Foreign Airlines’ Trapped Fund Jumps To $550m

Anthony Awunor, THEWILL -
December 06, (THEWILL) - The foreign airlines' blocked funds in Nigeria, have hit $550 million while the funds trapped in Africa are estimated to be $1.1 billion. The figures were revealed by the International Air Transport Association (IATA), Regional Vice...
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BusinessOgochukwu Onwaeze, THEWILL -

Nigeria’s $58.81bn Reserves Raise Stakes for Oil Investment, Earnings Growth

Nigeria’s foreign exchange reserves have climbed to $58.81bn, their highest level in nearly 18 years, strengthening the country’s external position as oil and gas investment, export earnings and corporate performance become increasingly important to sustaining the gains.
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