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Turkey changes name to Turkiye, to evade American Thanksgiving dinners
Sopuruchi Onwuka If you have business or transactions with the Turkish or travel plans to the Turkey, it is important to note that the name of the country in the documentation might slightly alter from Turkey to Turkiye, following official…
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…
Russia seeks new buyers after EU sanctions to cut oil imports
The government of Vladimir Putin of Russia has declared intention to divert its crude oil shipments to other countries after major customers in the European Union voted to drastically cut imports from the country. Russia is also cutting off more…
Prelate’s kidnap: Ikpeazu promises to beef up security at hotspots
Sopuruchi Onwuka Executive governor of Abia State, Dr Okezie Ikpeazu, has declared intention to strengthen security structures in the boundary communities in Isuikwuato and Umunneochi council areas of the state where kidnappers suspected to dangerously armed Fulani herdsmen have laid…
Methodist Church procures release of kidnapped prelate
(By our Southeast correspondents) Prelate of Methodist Church Nigeria, His EminenceDr Samuel Kanu Uche, who was kidnapped along the Enugu-Port Harcourt expressway on Sunday, has been released by his abductors. Impeccable sources confided in The Oracle Today that the prelate…
LP primaries: Prof Utomi, Joseph Faduri concede to Peter Obi
Sopuruchi Onwuka The 2023 presidential elections will indeed solidify the nation’s democracy as Mr Peter Obi who switched from the Peoples Democratic Party (PDP) has been served the presidential ticket of Nigeria’s populist political platform, the Labour Party. Mr Obi…
Prelate’s kidnap: Ikpeazu leads manhunt as kidnappers demand N100m
Community under siege Sopuruchi Onwuka Following the kidnap of the Prelate of the Methodist Church of Nigeria, His Eminence Dr Samuel Kanu Uche, on his way from Isuochi, Umunneochi Local Government Area of Abia State, the entire southeast zone of…
