Foreign airlines’ stranded fund may hit $500m as fare hike worsens

Govt has refused to engage operators, build confidence, say travel agencies About three weeks after the Central Bank of Nigeria (CBN) released a fraction of the foreign airlines’ stuck funds in the country, there has been no reprieve in the crisis rocking the international travel segment. Affordable travel tickets that were earlier withdrawn by the […]

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Rising costs, supply chain disruptions worsen inflation

May spiral out of control if triggers are not addressed, experts warn Higher interest rates heighten loan defaults, put banks at risk, says Moody’s ‘Worst yet to come unless govt contains importation’ At 20.52 per cent, representing the highest rate since September 2005 and still rising, Nigeria’s inflation rate may spiral above 50 per cent […]

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Youths rally for Tinubu in Ibadan

Youths across communities in Ibadan, the Oyo State capital on Thursday held a rally for the presidential candidate of the All Progressives Congress (APC) Asiwaju Bola Tinubu. The rally, which attracted thousands of youths from all nooks and crannies of the city, was an initiative of Hon. Dapo Lam-Adesina, who represented Ibadan Southeast/Northeast Federal Constituency […]

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Condolences pour in for Akeredolu over mother’s death

Eminent Nigerians including all his five brother governors in the South West – Kayode Fayemi of Ekiti State; Gboyega Oyetola, Osun; Seyi Makinde, Oyo; Dapo Abiodun, Ogun; and Babajide Sanwo-Olu, Lagos – ; Ondo State chapter of Peoples Democratic Party, PDP; his predecessor, Dr Olusegun Mimiko; Minister of State for Transportation, Prince Ademola Adegoroye; the […]

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Makinde, Fayemi, Sanwo-Olu, others condole Akeredolu over mother’s death

Oyo State Governor Seyi Makinde and his Ekiti State counterpart, Dr Kayode Fayemi on Thursday visited Ondo State Governor Oluwarotimi Akeredolu in Ibadan, to commisserate with him over the passage of his mother, Lady Evangelist Grace Bosede Akeredolu (JP), who died earlier in the day. Also, their Lagos State counterpart, Babajide Sanwo-Olu, wrote, expressing his […]

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Court orders INEC to accept Akpabio’s name as APC senatorial candidate

A Federal High Court in Abuja, on Thursday, ordered the Independent National Electoral Commission (INEC) to accept and publish Godswill Akpabio’s name as the candidate of the All Progressive Congress (APC) for the 2023 Akwa Ibom North/West Senatorial District election. Delivering judgment, Justice Emeka Nwite, held that INEC’s refusal to accept and publish the name […]

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Illegal migration: Dabiri-Erewa advises against media blackmail on deportation

The Chairman/CEO of Nigerians in Diaspora Commission (NiDCOM), Mrs Abike Dabiri-Erewa has advised Nigerians who allegedly illegally traveled to the UAE and get stranded to desist from resorting to perceived media blackmail. She gave the advice in a statement by Abdur-Rahman Balogun, Head of Media, Public Relations and Protocols of the commission on Thursday in […]

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ASUU strike: Protesting students block Gbongan – Ibadan expressway

Thousands of travelers and motorists were stranded on Thursday in Osun State when students under the aegis of the National Association of Nigerian Students (NANS) mounted barricades on Gbongan – Ibadan expressway to protest the prolonged strike action by the Academic Staff Union of Universities (ASUU). The students stormed the Gbongan bridge area in Ayedaade […]

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Buhari appoints Ndiomu as Amnesty programme boss

President Muhammadu Buhari has approved the appointment of Major General Barry Ndiomu (Retd) as Interim Administrator of the Presidential Amnesty Programme (PAP). Ndiomu is replacing Colonel Milland Dixon Dikio as the Amnesty Office Boss. A statement by Special Adviser to the President on Media and Publicity, Mr Femi Adesina, said: “President Muhammadu Buhari has approved […]

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