Market News
Market, forex push local carriers to West Coast route - BUSINESSDAY
The West Coast has become a lucrative frontier for Nigerian airlines, driven by limited competition on the routes and a more predictable naira–dollar exchange rate that allows carriers to earn revenue in hard currency. United Nigeria Airlines is the latest entrant, launching commercial flights from Abuja to Accra and becoming the fourth Nigerian carrier on the route after Air Peace, Overland Airways and Ibom Air. Overland also operates flights to Cotonou, Lome and Niamey, while Air Peace and Ibom Air fly to Accra from Lagos.
The foreign aThe West Coast has become a lucrative frontier for Nigerian airlines, driven by limited competition on the routes and a more predictable naira–dollar exchange rate that allows carriers to earn revenue in hard currency. United Nigeria Airlines is the latest entrant, launching commercial flights from Abuja to Accra and becoming the fourth Nigerian carrier on the route after Air Peace, Overland Airways and Ibom Air. Overland also operates flights to Cotonou, Lome and Niamey, while Air Peace and Ibom Air fly to Accra from Lagos.
