The International Air Transport Association (IATA), representing global airlines, has sounded alarm bells over potential losses totaling approximately $200 million faced by foreign airlines operating in Nigeria due to currency depreciation. In an interview with CNBC, Kamil Al Awadhi, the IATA Regional Vice-President for Africa and the Middle East, highlighted concerns regarding trapped funds exacerbated … Continue reading Foreign Airlines Grapple with Potential $200m Loss Amid Naira Depreciation Concerns