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Venezuela begins selling oil-backed cryptocurrency

Venezuela formally launched its new oil-backed cryptocurrency on Tuesday in an unconventional bid to haul itself out of a deepening economic crisis.

Venezuela’s Nicolas Maduro reaches out to Donald Trump on Twitter

Venezuela’s President Nicolas Maduro took to the US president’s favorite medium, Twitter, on Monday to ask him to start a dialogue between the two countries.

Venezuela’s Nicolas Maduro wants stronger bilateral ties with Nigeria

President Nicolas Maduro of the Republic of Venezuela, has called for stronger bilateral ties between that country and Nigeria.

Nicolas Maduro named as Venezuela’s socialist party candidate

Venezuela's governing socialist party has officially tapped President Nicolas Maduro as its candidate for this year's election.

Gun battle in operation to arrest Venezuela’s pilot

A fierce gun battle ensued in an operation to capture Mr. Oscar Perez, a helicopter pilot who bombed Venezuela’s Supreme Court during anti-government protests last year.

Canada kicks out Venezuela ambassador in tit-for-tat row

Canada on Monday ordered Venezuela’s ambassador and charge d’affaires to leave, escalating a row two days after its top diplomat at the Canadian embassy in Venezuela was kicked out by President Nicolas Maduro’s regime.

Venezuela’s Nicolas Maduro bars opposition from next year’s election

Venezuelan President Nicolas Maduro has announced that the country's main opposition parties will be banned from taking part in next year's presidential elections.

Bitcoin will end a bubble – experts

Several international bankers have sounded a warning about the mega risks involved in embracing bitcoin, which this week soared to a new record high of more than $8,000. Six years ago, it traded for just one dollar.

Venezuela, in ‘selective default’, signs debt deal with Russia

Venezuela signed a debt restructuring deal with major creditor Russia on Wednesday, as ratings agencies declared Caracas in partial default.

Standard & Poor’s declares Venezuela in partial default

Standard & Poor’s declared Venezuela in “selective default” on Monday, after it failed to make $200 million in payments on its global bonds, becoming the first credit ratings agency to do so.

European Union slaps sanctions on crisis-hit Venezuela

The EU on Monday hit Venezuela with sanctions including an embargo on arms and equipment that could be used for political repression, stepping up the pressure on President Nicolas Maduro as the crisis engulfing the Latin American state deepens.

Chile willing to grant asylum to Venezuelan opposition lawmaker

Chile is prepared to grant political asylum to a Venezuelan opposition lawmaker who sought refuge at its embassy in Caracas claiming that his safety was in danger, the foreign minister said Monday.

Venezuelans voting with their feet before Sunday’s poll

Many Venezuelans have already voted in Sunday's key regional elections -- with their feet, taking a one-way bus ticket out the country convinced the vote will change nothing.

Venezuela holds landmark vote as it seeks to end crisis

Venezuelans vote on Sunday in regional elections seen as a key test for both President Nicolas Maduro and the opposition alike after months of street protests that failed to unseat him.


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Michael Essien released by Indonesian club

Ghanaian veteran Michael Essien has been released by Indonesian top flight club Persib Bandung.

Amnesty: Nigerian military alerted before Dapchi abduction

Nigeria’s military was on Tuesday accused of ignoring repeated warnings about the movements of Boko Haram fighters before they kidnapped 110 schoolgirls in the country’s restive northeast.

Nigerian lawyers to earn another $17m from General Abacha’s loot

Nigerian lawyers freshly engaged by the Federal Government to assist with the repatriation of $321 million stolen by Sani Abacha, former military ruler, will be paid $17 million (over N6 billion) for their services.

Okoi Obono-Obla: Senator Ekweremadu’s allegations are childish

President Muhammadu Buhari’s Special Assistant on Prosecution, Okoi Obono-Obla, has denied allegations of theft and defamation raised against him by Deputy Senate President, Ike Ekweremadu.

Ocheme Edoh: El Kanemi Warriors back on track

Scorer of the only goal for El Kanemi Warriors Sunday against FC Ifeanyiubah, Ocheme Edoh, has said his team have clicked into top gear following a less than impressive start to the season.

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South Korean ex-president Lee Myung-bak admits taking $100,000 from spy agency

Former South Korean president Lee Myung-bak has admitted receiving $100,000 from the state spy agency while still in office, reports said Thursday, after he faced a marathon interrogation by prosecutors over corruption allegations.

Sky suspends Jamie Carragher until end of football season

The suspension comes after Carragher was filmed spitting towards a father and his 14-year-old daughter from his car window.

Federal govt screens 240 projects for ERGP focus labs

The Federal Government has so far screened 240 projects for the Economic Recovery and Growth Plan (ERGP) focus laboratories, Sen. Udoma Udo Udoma, the Minister of Budget and National Planning said today.

Expert wants herdsmen to stop nomadic way of life

Dr. John Omoyakhi, Associate Professor, Department of Animal Science, University of Benin, has advised the government to assist herdsmen to stop their nomadic way of life.

Donald Trump set to sack national security advisor

US President Donald Trump has decided to sack National Security Advisor HR McMaster, in what would be the latest in a string of high-profile White House departures, The Washington Post reported Thursday.