FLIGHTS SUSPENDED TO ETHIOPIAN HOLY TOWN OF LALIBELA AS FIGHTING EXPANDS. (PHOTO)

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 Flights suspended to Ethiopian holy town of Lalibela as fighting expands Flights to the historic Ethiopian town of Lalibela ​were suspended on Thursday due to fighting nearby, seven sources said, as residents in the Tigray region to the north stocked up on food and ‌cash, fearing that renewed fighting could trigger another major war. Tigrayan forces seized three local airports and launched attacks in Afar and Amhara regions with allies there this week, in the most serious escalation since a devastating 2020-22 war against Ethiopian government troops. In its first public comments on the fighting, Ethiopia's army said on Thursday that it had foiled the attacks and killed, wounded or captured more than 500 enemy fighters. The United Nations ​and the European Union called for restraint and a return to the African Union-brokered peace process that had ended a conflict that killed hundreds of thousands of people. Addis Ababa ​has accused the region's rulers, the Tigray People's ...
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NIGERIA’S INFLATION RATE RISES FOR THIRD CONSECUTIVE MONTH. (PHOTO).

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 Nigeria’s inflation rate rises for third consecutive month


Nigeria’s inflation rose for the third consecutive month to 15.93 percent in May 2026 from 15.69 percent recorded in April.


The National Bureau of Statistics disclosed this in its Consumer Price Index and inflation data released on Monday.


This means that in May, the country’s inflation rose on a month-on-month basis by 1.75 percent.


Also, the report showed that food inflation also skyrocketed to 16.96 percent in May, up from 16.06 percent recorded the previous month.


“In May 2026, the headline inflation rate on a month-on-month basis was 1.75 percent, which was 0.39 percent lower than the rate recorded in April 2026 (2.13 percent).


On a year-on-year basis, the headline inflation rate rose to 15.93 percent, up from 15.69 percent in April 2026 and down from 26.06 percent in the same month of the preceding year (May 2025).


“The Food inflation rate in May 2026 on a month-on-month basis was 2.98 percent, down by 0.65 percentage points from April 2026 (3.63 percent). On a year-on-year basis, it was 16.96 percent and stood at 24.55 percent in the same month of the preceding year, May 2025”.

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