Airlines in the Asia-Pacific region, including Qantas, Air India and Cathay Pacific, have hiked fares — or will soon — to factor in surging jet fuel prices spurred by war in the Mideast. The average world price of aviation fuel reached $173.91 a barrel on Monday, according to the benchmark Platts index, nearly double the…
By Olasunkanmi Akoni The Lagos State chapter of the All Progressives Congress (APC) has expressed concern over the evolving crisis in the Middle East and its possible implications for Nigeria’s economic stability and recovery. The party’s spokesman, Seye Oladejo, made the remarks in a statement issued on Wednesday. According to the Lagos APC, although the…
President Bola Tinubu has vowed that Nigeria will not give in to people who are causing trouble and trying to break the peace in the country. Tinubu made the vow during an Interfaith Iftar event held with religious and traditional leaders at the Presidential Villa in Abuja on Monday evening. He assured that Nigeria will…
Nine hospitals in Iran have stopped operating following airstrikes carried out by the United States (U.S.) and Israel, according to reports on Tuesday. The Iranian news agency, Iranian Labour News Agency (ILNA), cited lawmaker Mohammad Jamalian, a member of the health commission in Iran’s parliament, as saying. He said the attacks had significantly damaged parts…
The Abia State Government has converted its previously free Green Shuttle mass transit service into a paid system, introducing a 50 per cent fare subsidy to keep transportation affordable for residents. Commissioner for Information, Mr Okey Kanu, disclosed this on Monday while briefing journalists after the State Executive Council meeting presided over by Governor Alex…
Here are the latest economic events in the Middle East war on Tuesday: – Markets recover – – Asian and European stock markets rallied and energy prices eased after US President Donald Trump signalled that the US-Israel war on Iran was “going to be ended soon”. – Tokyo’s Nikkei 225 index added more than three…
Benjamin Netanyahu of Israel on Tuesday called on the people of Iran to bring about political change in their country. He said, it ultimately depended on the Iranian population to end the rule of the current leadership in Tehran. Speaking during a meeting with representatives of Israel’s Ministry of Health, Netanyahu said the government’s broader…
Top Platforms for Forex, Gold, Commodities, Indices and Global Stocks Forex trading in Nigeria has expanded rapidly over the past decade. While traders previously focused mainly on currency pairs such as EUR/USD or GBP/USD, many platforms now provide access to broader markets including gold, silver, oil, cocoa, global indices, stock markets, and ETFs. For Nigerian…
The Nigeria Centre for Disease Control (NCDC) and Prevention and the Nigerian Medical Association (NMA) have urged doctors and healthcare professionals across nationwide to heighten vigilance and there strictly to infection prevention and control measures amid ongoing transmission of Lassa fever. The advisory, published on Tuesday on the NCDC website and signed by the agency’s…
Applicants who qualified for screening into the Nigeria Police have been warned to maintain discipline and avoid bribery and misconduct throughout the process and accept the outcome in good faith. This warning was issued by the Osun State Commissioner of Police, CP Ibrahim Gotan, while addressing the successful candidates during commencement of screening exercise at…
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