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Impacting

IMF Sounds Alarm on Global Strains Impacting Nigeria’s Economy

The International Monetary Fund (IMF) recently delivered a sobering message directed at the Federal Government of Nigeria, urging the nation to maintain a watchful eye amidst escalating global trade tensions and increasingly stringent financial conditions. The IMF’s caution arises from a significant concern: if global demand starts to falter, Nigeria could see a sharp decline in its earnings from commodity exports. This is particularly alarming for a country heavily reliant on such revenue streams. This stark warning was…

Somalia Grounds Flights to Bosaso Airport, Impacting Ethiopian Airlines

BOSASO, Somalia - In a striking turn of events, the Somali government has put the kibosh on all flights to Bosaso Airport, bringing operations — including those by Ethiopian Airlines — to a grinding halt for today. This drastic action arises amid escalating beefs over who runs the airport and security concerns flagged by the Northeastern State Security Forces (PSF). The PSF had previously put airlines, Ethiopian Airlines included, on notice to steer clear of Bosaso Airport until things got back to how they were…

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