Tag: aviation finance
Fixing Dry-Lease Aircraft Acquisition Challenges in Nigeria
Domestic insurers do not have the financial muscle to cover multi-million-dollar dry lease risks. International lessors often insist on offshore coverage, creating tension with...
Union Bank Sold Guarantee as Loan, Ex-AMCON Director
“It was in that London meeting that we first knew what Union Bank sold to us was not a loan, but a guarantee. The...
NCAA DG Inaugurates SAF Technical Groups in Lagos
The official inauguration of six Technical Working Groups was the major highlight of the regional workshop on Sustainable Aviation Fuels (SAF). Director General Nigeria...
ICAN Inaugurates Aviation Chapter to Boost Financial Standards
He noted that new chapters like the Nigerian Insurers Association and Federal Inland Revenue Service chapters preceded the aviation inclusion. According to him, such targeted...