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Air India Express sacks 25 cabin crew members after they didn’t report to work

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Views: 1 An Air India Express aircraft.Credit: Reuters Photo On Wednesday, over 100 Air India flights were cancelled after more than 200 cabin crew members reported sick to protest against the reported mismanagement of the TATA group airline. Amid mass disruptions, Air India has fired at least 25 cabin crew who did not report to […]

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China’s Ganfeng Lithium seals US$343 million mine deal in West Africa, gains control of one of the world’s largest sources

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Views: 5 The deal is to ‘secure supply of lithium resources, facilitate expansion and enhance its core competitiveness’, the company says Ganfeng will potentially buy out the mine subject to a mining code enacted last year, which gives the government of Mali the right to hold up to 35 per cent of the project China’s

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Naira slides by 4.6% against dollar at official market

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Views: 1 Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the Naira lost N62.36. However, the total daily turnover increased to 160.77 on Tuesday, up from 84.83 million dollars recorded on Monday.Meanwhile, at the Investor’s and Exporter’s (I&E) window, the

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EFRIS will remain in full force-Museveni

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Views: 1 The Electronic Fiscal Receipting and Invoicing Solution (EFRIS ) implementation will remain in full force following President Museveni’s decline the request by traders to have it completely halted. The decision saw traders angrily leave Kololo Ceremonial grounds > Museveni’s Directives Spark Debate on Executive Authority > Museveni wants boda boda riding licence cost reduced > We

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ODM Expels MP Mark Nyamita From Party Accusing Him of Being UDA Agent

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Views: 1 Orange Democratic Movement (ODM) Central Committee led by Raila Odinga on Wednesday expelled Uriri Member of Parliament Mark Nyamita from the political outfit. In a statement signed by ODM Secretary General Edwin Sifuna, the Committee accused Nyamita of being used by state operatives and the United Democratic Alliance (UDA) to destabilise the party.

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Traders Protest Against President Museveni

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Views: 1 Nyanjura Doreen, the Deputy Lord Mayor of Kampala, recently made a statement regarding the protest of traders against President Museveni. She highlighted the dissatisfaction among traders with the actions of the President, which led many to walk away in protest. According to Nyanjura, the traders reached a breaking point due to what they

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Currency In Circulation Hits ₦3.87 Trillion Mark – Central Bank of Nigeria

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Views: 1 Central Bank of Nigeria revealed that the currency in circulation amounted to ₦3.87 trillion, marking an increase from ₦3.69 trillion in February and ₦3.65 trillion in January. Despite this, the amount of currency circulating outside of banks has steadily increased during the initial quarter, escalating from ₦3.28 trillion in January to ₦3.41 trillion and

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Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 6th May 2024

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Views: 2 Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1400 and sell at N1420 on Sunday 5th May 2024, according to sources at Bureau De Change (BDC). Please note that the Central Bank of Nigeria (CBN) does

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West Nile Bank Front Ex-Combatants to be compensated with UGx5.1B

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Views: 1 The Minister of State for Defence and Veteran Affairs (Veteran Affairs), Honourable Huda Abason Oleru. PHOTO/FILE Ugx 5.1 Billion To Be Paid To West Nile Bank Front Ex-Combatants The Minister of State for Defence and Veteran Affairs (Veteran Affairs), the Honourable Huda Abason Oleru, announced today that the Government of the Republic of

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State to shut down 25 entities, privatise others in new reforms

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Views: 1 Jomo Kenyatta monument outside the KICC, Nairobi. [Stafford Ondego, Standard] The government is set to shut down 25 State corporations and off-load another 25 to private sector players in a new reform process aimed at reducing the burden that it has to shoulder in bailing out non-performing State firms. The National Treasury said it had undertaken a

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