Arik Air of Nigeria has become the third airline to suspend its operations in Nigeria. On Tuesday, it cited insurance issues to explain its inability to fly again.– until further notice.

Arik, notorious for delayed flights, is following in the footsteps of two other airlines: Aero Contractors and First Nation.

The economic climate of Nigeria seems to be collapsing businesses fast. Thousands of jobs are lost every day as businesses go bankrupt.


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