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Nigeria introduces new insurance rules for leased aircraft to lower airfares and modernize local fleets.
Nigeria's National Insurance Commission and Ministry of Aviation have introduced new insurance rules for leased aircraft to help lower airfares and improve access to modern planes for local operators.
The changes allow local airlines to cede up to 90% of their aviation insurance to international markets while still meeting domestic regulations.
This move aims to boost the aviation sector's efficiency and contribution to the economy.
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Nigeria introduce nuevas reglas de seguro para aviones arrendados para reducir las tarifas aéreas y modernizar las flotas locales.