Nigeria will allow its currency, the naira, to trade freely against the US dollar from June 20, following a move by several international airlines to stop flights into the country. In March, IATA estimated Nigeria owed foreign airlines some NGN113.3 billion ($575 million), principally because of government-imposed currency controls. IATA regional manager Samson Fatokun said Nigeria is in the top two countries with the biggest airline debts worldwide. “The inability of airlines to ...

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