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Hundreds of thousands of travellers faced flight delays and cancellations on Sunday, marking the worst disruption since the U.S. government shutdown began. Transportation Secretary Sean Duffy warned that conditions could worsen ahead of the Thanksgiving holiday. Airlines cancelled over 2,800 flights and delayed more than 10,200 on Sunday, the third consecutive day of government-mandated flight …

The Nigeria Deposit Insurance Corporation (NDIC) is now better equipped to hold those responsible for bank failures accountable, thanks to stronger legal frameworks, according to its Managing Director/Chief Executive (MD/CE), Mr Thompson Oludare Sunday. In a recent meeting with the President/Chairman of the Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN), Mr Chimezie Victor …

Kano State is grappling with a new wave of insecurity as fleeing bandits from neighbouring Katsina State invade its border communities, triggering fear and mass displacement among rural residents. The influx comes amid intensified military operations across the Northwest, which have pushed armed groups out of Katsina and Zamfara into adjacent territories. Residents told newsmen …

The United States is facing a worsening air travel crisis as the ongoing government shutdown enters its second week, forcing the Federal Aviation Administration (FAA) to impose sweeping nationwide flight cuts and heightening frustration among airlines and passengers alike. On Saturday, major U.S. airlines slashed another wave of flights, marking the second consecutive day of …

The Nigerian stock market ended the first week of November on a bearish note as profit-taking dominated trading sentiment amid domestic and external headwinds, leaving investors to suffer a ₦2.83 trillion loss. Trading activity started on Monday, November 3, on a bearish note, sustaining the momentum all through the week. As a result, the total …

Floor of the Nigerian stock market

The Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) has cautioned Nigeria and other countries recently removed from the Financial Action Task Force (FATF) grey list against complacency, urging them to sustain their reforms and strengthen anti-money laundering and counter-terrorist financing frameworks. GIABA Director General, Mr Edwin W. Harris Jr, gave the warning …

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