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FG to make Nigeria aviation a hub in Africa – Keyamo
Abuja, Sept. 13, 2023 – Festus Keyamo, the Minister of Aviation and Aerospace Development, says the federal government is determined to take the aviation sector to new heights by tackling current challenges head on. He said this would enable the sector attract foreign investors and make it a hub in Africa. Keyamo, made the promise at the 7th Aviation Africa Summit and Exhibition 2023 in Abuja on Wednesday. “The government is already looking at the Aircraft Leasing Company, Aircraft Maintenance organisation, Forex availability and Tax holidays to improve the aviation …
Obafemi Awolowo University announces new academic fees
Osogbo, Sept. 13, 2023 – The Obafemi Awolowo University, Ile-Ife, Osun State, on Wednesday announced increases in fees payable by students for the new academic session. Abiodun Olarewaju, its Public Relations Officer, who announced the new fees, said the Senate of the University took the decision at its emergency meeting on Tuesday, Sept. 12. “Those in the Faculties of Arts, Law and Humanities, the ‘freshers’ will pay N151,200, while returning students of the same faculties will pay N89,200.” He said that for those in the Faculties of Technology and Science, …
Nigeria importers to clears goods in Cotonou, Benin
Abuja, Sept. 13, 2023 – Nigerian importers will soon begin to clear their goods in Cotonou, Benin Republic, under a scheme being worked out by the two countries. This was one of the decisions reached at a two-day working visit of the Director-General of Customs Service of Benin Republic, Mr Alain Kinkati. According to a communique signed at the end of the visit on Tuesday, a clearing point for Nigeria-bound goods will be set up within Cotonou ports. Adewale Adeniyi, the Acting Comptroller-General of the Nigeria Customs Service (NCS), said …
Shettima to represent Tinubu at G77+ Leaders Summit in Cuba
Abuja, Sept. 13, 20023 – Vice President Kashim Shettima is to represent President Bola Tinubu at the G77+ Leaders Summit in Havana, Cuba. The summit is holding from Sept. 15 to Sept. 17. Olusola Abiola, the Director of Information at the Vice-President’s Office, disclosed this in a statement in Abuja. According to a statement, Shettima will be joining other world leaders, including Antonio Guterres, the United Nations Secretary-General, to deliberate on development issues facing members mostly from the global south. He said the summit would also explore proactive ways of …
I was Tinubu’s classmate at Chicago State University – Ogunsanya
Lagos, Sept. 13, 2023- A Nigerian, Durojaiye Ogunsanya, on Wednesday doused the controversy surrounding President Bola Tinubu’s academic records at the Chicago State University in the U.S. Ogunsanya , who appeared on TVC Television on Wednesday morning, said he was a classmate of Tinubu at the Chicago State University between 1978 and 1979. He said that they were in the same class and majored in accounting as well as graduated together in 1979. Tinubu’s academic records in the United States had been a source of controversy among political parties since …
Libya flood drives oil prices to 10-month high
London, Sept. 13, 2023 – The Libyan flood that has claimed over 2,000 lives and displaced more than 10,000 people may have been responsible for driving oil prices to nearing a 10-month high. This development adds to the concerns over Libyan production and OPEC+ supply cuts with global economic uncertainties. On Wednesday, Brent crude futures increased by 17 cents to reach $92.23 per barrel, while U.S. West Texas Intermediate (WTI) crude rose 21 cents to $89.05 per barrel. Both benchmarks surged nearly 2 percent on Tuesday, marking their highest levels …
Benin Republic facing economic hardship – IMF
Washington D.C, Sept. 13, 2023 – The International Monetary Fund (IMF) says the Benin Republic is facing hardship from the Niger border closure following the recent coup and higher prices of petrol due to removal of petrol subsidy in Nigeria. This is part of the conclusion of the IMF team that visited the country between Sept. 6 and Sept 12, 2023 to access recent economic developments in the country. The IMF said it approved US$638 million facility to Benin under the Extended Fund Facility (EFF) and Extended Credit Facility (ECF) …
Tinubu placed priority on housing development – minister
Abuja, Sept. 12, 2023 – Ahmed Dangiwa, the Minister of Housing and Urban Development, on Tuesday said the current administration placed priority on housing development. The minister said this while playing host to the President and members of the Nigerian Institute of Building (NIOB) who paid him a courtesy call in his office. He said his ministry was in the process of producing an actionable plan that would drive the process of actualising the goals of the administration. “When it comes to housing, we are here to solve a lot …
H1 results: UBA records N404bn profit after tax
Lagos, Sept. 12, 2023 – Africa’s global bank, United Bank for Africa (UBA), delivered an outstanding performance for the half year ended June 30, 2023, as announced in its audited financial report. The results released to the Nigerian Exchange Limited (NGX) on Tuesday, showed that the Group recording double and triple-digit growth across its major income lines. The results also show substantial progress in increasing the contribution and market share from its subsidiaries in Africa and globally. Specifically, at the end of the first two quarters of the year, and …
I remain loyal to Gov. Akeredolu – deputy governor
Akure, Sept. 12, 2023 – Lucky Aiyedatiwa, the Ondo State Deputy Governor, says he remains loyal to the State Governor, Rotimi Akeredolu. Aiyedatiwa, who acted as the state governor for some months while Akeredolu was away abroad on health reason, said his loyalty was in spite of efforts by some mischievous politicians to cause disaffection between them. The deputy governor said this on Tuesday in a statement issued by Kenneth Odusola-Stevenson, his Spokesman. In the statement, Aiyedatiwa alleged that there were reports about his purported disloyalty to his boss which …