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Nose Gear Failure Grounds Flight in Enugu, No Injuries Reported
An aircraft, 5N-BZN, arriving in Enugu from Lagos experienced a nose-landing gear malfunction while touching down on Thursday evening. The Federal Airports Authority of Nigeria (FAAN) confirmed that the incident occurred around 19:10 hours, but all passengers and crew were safely evacuated with no casualties reported. According to FAAN’s Director of Public Affairs and Consumer…
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European Defence Stocks Plunge as Ukraine Peace Plan Gains Momentum
European defence companies faced a sharp decline in their stock prices on Friday as the market reacted to the growing momentum of a U.S.-backed peace plan aimed at ending the ongoing war in Ukraine. The announcement by Ukrainian President Volodymyr Zelenskiy that he is prepared for “honest” negotiations regarding the proposed plan triggered a sell-off…
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Tinubu Remains Committed to Child Welfare Amid Security Challenges — Bagudu
Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has affirmed that President Bola Tinubu continues to prioritise the welfare of Nigerian children, focusing on long-term investments that support their growth and development. Speaking during the UNICEF World Children’s Day 2025 celebration in Abuja, Bagudu highlighted the administration’s commitment to children despite ongoing security and…
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European Shares Slide Amid Tech Rout, Fed Policy Concerns, and Defence Stock Decline
LONDON, November 21, 2025 – European stocks fell on Friday as a sharp decline in tech shares, coupled with concerns over a more hawkish Federal Reserve, weighed on investor sentiment. Meanwhile, defence stocks slipped amid early signs of potential progress toward ending the Russia-Ukraine war, while food and beverage stocks bucked the trend with gains.…
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UK Business Growth Nearly Stalls as Companies Hesitate Ahead of Reeves’ Budget
LONDON, November 21, 2025 – UK business growth slowed sharply in November, as companies held off investment and expansion plans ahead of Finance Minister Rachel Reeves’ budget, reflecting concerns over potential tax increases and economic uncertainty. The S&P Global Purchasing Managers’ Index (PMI) composite flash reading, which tracks output in the services and manufacturing sectors,…
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17 States Implement Pension Scheme as Commission Reforms Micro-Pension Plan
The Nigerian Pension Commission (NPC) announced on Wednesday that 17 out of Nigeria’s 36 states are currently operating the contributory pension scheme (CPS). The Commission noted that 12 states have not yet started, while seven states are in the process of establishing their pension bureaus. The announcement was made at the Second Run 2025 Consultative…
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UK Retail Sales and Consumer Confidence Slide Ahead of Budget Announcement
MANCHESTER, November 21, 2025 – UK retail sales fell in October as household confidence weakened ahead of Finance Minister Rachel Reeves’ budget next week, signaling potential slowing consumer spending in the final months of 2025. Retail sales volumes dropped 1.1% month-on-month in October, according to the Office for National Statistics (ONS), marking the first decline…
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Niger State Confirms Kidnap of Pupils in Agwara, Faults School for Ignoring Security Advisory
The Niger State Government has confirmed the abduction of an unspecified number of students and staff from St. Mary’s School in Papiri, Agwara Local Government Area, describing the incident as both distressing and preventable. In a statement issued by Secretary to the State Government (SSG), Alh. Abubakar Usman, officials said a precise headcount is still…
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Yen Intervention Looms as Japan Faces Currency Pressure, But Effectiveness Remains Uncertain
SINGAPORE, November 21, 2025 – Japan is on the verge of another currency intervention as the yen hovers near a 10-month low, raising concerns about the potential ineffectiveness of yen-buying operations unless accompanied by Bank of Japan (BOJ) rate hikes. Analysts caution that authorities must act carefully to prevent a renewed selloff in the world’s…
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Advisers to Japan’s Prime Minister to Speak at Keidanren Business Panel Ahead of BOJ Meeting
TOKYO, November 21, 2025 – Advisers to Japan’s new Prime Minister Sanae Takaichi are set to speak at a high-profile business panel hosted by Keidanren, Japan’s influential business lobby, on December 17. The discussion will focus on the government’s economic strategy and reflationary policies, taking place just one day before the Bank of Japan’s (BOJ)…
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