Nigerian Airfares Soar as Naira Hits Record Lows...
International News
June 26, 2023
Airfares in Nigeria are skyrocketing as the naira tumbles to record lows against the U.S. dollar. This follows a move by the central bank to liberalize the foreign exchange market to curb dollar shortages. But as Ajeck Mangut reports from Abuja, travel operators are concerned by the hike in airline costs which they warn could affect the industry.