The Nigerian Civil Aviation Authority (NCAA) has announced its intention to impose sanctions on airlines that delay refunds for ticket purchases. In a statement on Tuesday, December 10, Michael Achimugu, the NCAA’s director of public affairs and consumer protection, emphasized the importance of compliance with refund timelines outlined in Part 19 of the NCAA Regulations of 2023, which prioritize passenger …
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FTX: Customers of failed crypto firm set for refunds
Reuters Creditors of the collapsed cryptocurrency exchange FTX are poised to receive up to $16.5bn (£12.6bn) under a bankruptcy plan approved in the US on Monday. The agreement will put an end to a saga that started when the firm went bankrupt in November 2022, leaving millions of customers around the world without access to their accounts. Last year, former …
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