U.S. Suspends 26 Chinese Flights In Retaliation To China Flight Cancellations

LAGOS AUGUST 28TH (NEWSRANGERS)-The U.S. government said on Thursday it will suspend 26 China-bound flights from the United States by four Chinese carriers in response to the Chinese government’s decision to suspend some U.S. carrier flights over COVID-19 cases. The decision will affect flights by Xiamen, Air China, China Southern Airlines and China Eastern Airlines…

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Central Bank Of Nigeria Releases $265m For Outstanding Airline Ticket Sales

LAGOS AUGUST 28TH (NEWSRANGERS)-Nigeria’s Central Bank released $265 million to airlines to settle outstanding ticket sales, it said in a statement on Friday. Airlines have said they have millions trapped in Africa’s most populous nation due to an inability to access the foreign exchange repatriate funds. Dubai’s Emirates has said it will suspend its service…

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Shell  Engage Indigenous Firm To Execute Largest Domestic Gas Survey In Nigeria

LAGOS AUGUST 26TH (NEWSRANGERS)-Nigeria’s leading domestic gas distribution company, the Shell Nigeria Gas Limited (SNG), has commissioned a far-reaching gas market survey in 33% of the states in Nigeria to gain deeper market insights for entry and to accelerate the achievement of Nigeria’s Decade of Gas objectives. SNG has engaged notable indigenous consulting firm, Philips…

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‘NIMASA Working To Incorporate Revised Seafarer Working Conditions In Act’

LAGOS AUGUST 25TH (NEWSRANGERS)-The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) has stated that a revised working condition for Nigerian Seafarers is a major component of the proposed review of the NIMASA Act and the Merchant Shipping Act currently before the National Assembly for consideration. He stated this today  during the…

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Buhari Withholds His Initial Approval Of Exxon Mobil’s Asset Sale To Seplat

LAGOS AUGUST 12TH (NEWSRANGERS)-Nigeria’s President Muhammadu Buhari has withheld his initial approval of Exxon Mobil’s sale of local offshore shallow water assets to Seplat, his spokesman said on Thursday, after the oil regulator refused to give its consent. Buhari on Monday consented to the $1.28 billion transaction, only for the Nigerian Upstream Petroleum Regulatory Commission…

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Buhari Grant Consent To Seplat’s Buy Of Exxon Mobil’s Nigeria Unit For $1.8bn

LAGOS AUGUST 9TH (NEWSRANGERS)-Nigerian President Muhammadu Buhari has granted consent to the acquisition of Exxon Mobil’s Nigerian unit by Seplat Energy, in a $1.28 billion deal announced in February. Buhari, who doubles as oil minister, granted ministerial approval to the deal, the presidency said in a statement on Monday. Exxon and Seplat are expected to…

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