Latest News for: Nigeria leasing

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At 64, Hope Rises for Aviation after Sloppy Past

This Day 04 Oct 2024
... to tap into the Cape Town Convention (CTC) by reviving the signatory Nigeria had and abiding by the rules to make it easy for airlines to pay less for aircraft leasing and to also engage in dry lease.
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TotalEnergies Distribute Solar Lamps to OML58 Host Communities School Children 

This Day 02 Oct 2024
Education . 1 hour ago ... As part of its corporate social responsibility, a multinational company, TotalEnergies EP Nigeria Limited, has distributed solar lamps to school children of its host Oil Mining Lease 58 (OML58) communities in Rivers ... .
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Festus Keyamo: The Aviation Maestro Transforming Nigeria’s Skies

This Day 29 Sep 2024
... that not only restored Nigeria’s standing in the global aviation community but also paved the way for airlines to secure dry leases, unlocking new avenues for growth and improved service delivery.
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At 17.01%, Prime Lending Rate Hit Highest Peak Since 2019

This Day 25 Sep 2024
According to data leased by the Central Bank of Nigeria (CBN), average prime lending rate was at 18.23 per cent April 2019 when MPR was at 13.50 per cent. .
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From 49 to 70.5: Nigeria’s aviation global rating rise after signed Cape Town Convention

Business Day Online 18 Sep 2024
In a swift response to Nigeria’s attempt to fully comply with the Cape Town Convention on dry-leasing of aircrafts by. read more From 49 to 70.5. Nigeria’s aviation global rating rise after signed Cape Town Convention ... .
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Kayamo Removes Hindrances to Aircraft Acquisition to Make Nigerian Airlines Competitive

This Day 16 Sep 2024
... that regulates the dry-leasing of aircraft by major aircraft manufacturers such as Boeing and Airbus and major lessors across the world who perceived Nigeria as a non-compliant country.
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Nigeria signs the Cape Town Convention on aircraft Lease

Business Day Online 12 Sep 2024
After over 20 years, Nigeria government on Thursday finally approved the Cape Town Accord on aircraft Lease. Vice President Kashim. read more Nigeria signs the Cape Town Convention on aircraft Lease ... .
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Shettima Signs Cape Town Accord on Aircraft Lease

This Day 12 Sep 2024
Nigeria on Thursday signed the Cape Town Accord on Aircraft Lease, 20 years after it came into effect. .
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Nigeria’s Removal from USFAA Category 1 Safety Status

This Day 06 Sep 2024
... 1 Safety Status have negative reputational impact, which include increase in aircraft insurance premium, high cost of aircraft leasing, and overall goodwill of the aviation industry in Nigeria.
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Nigeria licenses first floating LNG plant for export and domestic use

Natural Gas World 06 Sep 2024
Nigeria has more ... The 2.8 million tons per annum (MTPA) floating vessel owned by UTM will tap flared gas from ExxonMobil's Oil Mining Lease 104 (Yoho field) in offshore Akwa Ibom, in southern Nigeria.
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Ubeta Gas Field, Nigeria

Offshore Technology 05 Sep 2024
Nigeria ... The Ubeta gas and condensate field is located within the Oil Mining Lease (OML) 58 onshore license in Nigeria.
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As Airline Operators Tackle Double Aircraft Insurance Premium 

This Day 04 Sep 2024
... concession and waiver on leased aircraft  used in Nigeria; since the lessors insist on full insurance of such aircraft with international insurers before releasing their aircraft to the airlines.
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US Delists Nigerian Carriers from Flying Directly to Any of Its Destinations

This Day 03 Sep 2024
Nigeria ... Nigerian airlines can fly to US with leased aircraft ... •Arik Air says its takeover downgraded Nigeria’s aviation industry ... This means that no Nigerian registered carrier can operate to any US destinations until Nigeria returns to the status.
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Report Any Official Who Requests Bribe from You, Keyamo Tells Boeing, Other Investors

This Day 01 Sep 2024
Nigeria ... “So, for new investors who are coming to Nigeria, they are welcome. Nobody is going to frustrate you within Nigeria ... During the meeting, he also assured that the aircraft leased to domestic airlines would be safe in Nigeria.
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One year of Aviation under Keyamo

This Day 31 Aug 2024
In addition to many things he has done in the industry, Keyamo went to work to reposition Nigeria’s image before the lessors so that Nigerian carriers could acquire aircraft on dry lease ... in Nigeria.

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