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African aviation industry to hit $400 bn valuation by 2040
Africa’s commercial aviation market is projected to hit a valuation of $400 billion by 2040, requiring about 63,000 new professionals over the next 20 years, according to new market outlook by aviation vessel manufacturer, Boeing. .Boeing stated in its outlook…
‘Deteroriating economic outlook pose risk transmission to banks’
Credit rating agency, Fitch Ratings, has declared in a new report Nigerian banks face potential global risk transmission, explaining that operating environments could deteriorate between now and 2023. Fitch said adverse global macroeconomic conditions are already affecting the Nigerian economy,…
World’s top rice producers plan price hikes
Thailand and Vietnam are planning to increase the price of their rice exports, raising concerns in the global community over world hunger already exacerbated by export glitches inflicted by Russian invasion of Ukraine. Multiple media reports surveyed by The Oracle…
Abia youths spar the military over complicity in commercial kidnapping
(By our correspondents) Tension reached boiling point along the Enugu-Port Harcourt expressway on Wednesday when community youths from some sections of the Abia North Senatorial District of Abia State and neighbouring Uturu and Ihube communities of Imo State nearly clashed…
