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1 week ago | 
punchng.com | Oyetunji Abioye |Wale Akinselure |Muhammed Lawal
Nobel Laureate, Prof Wole Soyinka, has urged President Bola Tinubu to initiate a thorough investigation into the unresolved killings of former Attorney-General of the Federation, Chief Bola Ige; journalist, Dele Giwa; and June 12 heroine, Mrs Kudirat Abiola.
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Jun 17, 2024 | 
punchng.com | Oyetunji Abioye |Olasunkanmi Akinlotan
The Federal Government through the Nigerian Customs Service has begun a fresh move to clamp down on operators of improperly imported private jets into the country, findings by The PUNCH have revealed. Consequently, no fewer than 80 operators of private jets are expected to appear at the headquarters of the NCS in Abuja with their aircraft import documents.
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Apr 2, 2024 | 
punchng.com | Oyetunji Abioye
The Director of Sales, Europe, Middle East, Africa and India, Delta Air Lines, Paul Hassenstab, speaks on the US carrier’s operations in Africa especially Nigeria among other global travel issues, in this interview with OYETUNJI ABIOYEHow has it been in the last 17 years for Delta Air Lines in Nigeria? Could you give a rundown of how it has been in those years of your operations to Nigeria? About 17 years ago, I was not sitting on this chair.
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Mar 31, 2024 | 
punchng.com | Oyetunji Abioye
United States-based global carrier, Delta Air Lines, has renewed its commitment to remain a premium carrier of choice for Nigeria passengers as air traffic continues to grow across countries after the COVID-19 pandemic. The Director of Sales, Europe, Middle East, Africa and India, Delta Air Lines, Paul Hassenstab, said this during a visit to Nigeria alongside some top executives of the Atlanta-based American carrier.
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Mar 9, 2024 | 
punchng.com | Oyetunji Abioye
President of the African Development, Akinwumi Adesina, tells OYETUNJI ABIOYE about his career, economy, family and other issuesDo you think the Nigerian economy can cope or survive with the current exchange rate of over N1,500/dollar? No, it cannot. The slide of the naira is because people are losing confidence in the economy. That is why I was saying that the way to deal with that is to see if we can expand the inflows of foreign exchange into the country.
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Mar 4, 2024 | 
punchng.com | Oyetunji Abioye
AfDB President, Akinwumi Adesina …approves $134m fund for emergency food productionThe African Development Bank Board of Directors has approved $134m for Nigeria to implement an emergency food production plan, AfDB President Akinwumi Adesina has said. According to him, talks are also ongoing for a $1.7bn economic and budget support loan as well as the launch of a $1bn agro-industrial processes in 28 states. Adesina made the disclosures during an interview with journalists in Lagos on Monday.
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Feb 1, 2024 | 
punchng.com | Oyetunji Abioye |Temitayo Jaiyeola |damilola aina
Ahead of the midnight February 1, 2024 deadline given by the Central Bank of Nigeria to commercial banks to sell all excess foreign exchange holdings, Deposit Money Banks on Thursday made frantic efforts to offload their surplus dollar stocks. It was learnt that the treasury departments of the DMBs spent the entire day battling to sell their excess FX holdings. Officials processed several foreign exchange request forms of their customers as they sold more dollars to them, The PUNCH gathered.
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Jan 31, 2024 | 
punchng.com | Oyetunji Abioye |Temitayo Jaiyeola |Tope Omogbolagun |damilola aina
•Banks may sell over $5bn, says official, Cardoso faces Senate Tuesday over naira fallAmid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell their excess dollar stock latest February 1, 2024. The CBN, which made the disclosure in a new circular released on Wednesday, also warned lenders against hoarding excess foreign currencies for profit.
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Jan 14, 2024 | 
punchng.com | Oyetunji Abioye |Oluwakemi Abimbola
Minister of Budget and Economic Planning, Abubakar Bagudu The Minister of Budget and Economic Planning, Atiku Bagudu, has said he expects the exchange rate to improve following the ongoing exchange reforms of President Bola Tinubu and the Central Bank of Nigeria. According to him, countries which have liberalised their foreign exchange market like Nigeria have enjoyed better exchange rates, expressing confidence Nigeria foreign exchange market will perfomer better.
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Dec 16, 2023 | 
punchng.com | Oyetunji Abioye
Regional Vice-President for Africa and Middle East, International Air Transport Association, Kamil Alawadhi, speaks with OYETUNJI ABIOYE on the state of the African aviation industry, challenges facing international airlines over trapped ticket revenues in Nigeria and other countriesHow would you assess the state of infrastructure in the African aviation industry? Let me talk about the Nigerian aviation industry.
