Dollars
WSJ: Treasury nominee Janet Yellen to say U.S. does not seek weaker dollar
Janet Yellen, President-elect Joe Biden’s pick to take over the U.S. Treasury, is expected to affirm the United States’ commitment to market-set currency rates when she testifies on Capitol Hill on Tuesday, the Wall Street Journal reported.
Ugandan opposition party says it will challenge presidential election result
Ugandan opposition leader Bobi Wine’s party said on Sunday that it was preparing to challenge President Yoweri Museveni’s election victory and condemned what it called the house arrest of Wine and his wife.
Lebanon patriarch tells feuding president and premier-designate to reconcile
Lebanon’s top Christian cleric has urged President Michel Aoun to set up a reconciliation meeting with Prime Minister-designate Saad al-Hariri to form a cabinet and end the country’s political deadlock.
Tunisia set to lose stolen millons in Swiss banks
Tunisia could lose millions of dollars stashed in Switzerland by the family of ousted dictator Zine El Abidine Ben Ali, a senior official said Saturday.
Nigerian government seizes bank’s assets over Shell’s N183 billion debt
Nigerian government have moved to sequester the assets of the country’s premier lender First Bank of Nigeria Limited in an effort to recover the damages oil major Royal Dutch Shell owed the Ejama Ebubu community of Rivers State in a legal contest spanning many decades, Bloomberg reported Thursday.
CIBN boss optimistic banks will facilitate AfCFTA success
Mr Bayo Olugbemi, President, Chartered Institute of Bankers of Nigeria (CIBN) says the banking sector in Nigeria has a good capital base to facilitate the successful implementation of the African Continental Free Trade Area (AfCFTA) agreement.
FIRS creates tax audit units to address illicit financial flow
The Federal Inland Revenue Service (FIRS) has created 35 additional Tax Audit Units across the country to address illicit financial flow.
Abuja residents: Why we buy ‘second hand’ clothes
Some residents of the Federal Capital Territory (FCT) in Bwari Area Council say they patronise the clothes not only because of its affordability but also for the upgraded standard.
Allies warn Donald Trump not to run in 2024
After he lost his reelection bid in November, Donald Trump immediately told allies he planned to run for president again in 2024, preparing to announce as soon as Inauguration Day.
AfCFTA: Dangote creates new trade routes
Dangote Industries Ltd, said its cement expansion plan and fertilizer investments are strategies aimed at opening new trade routes for Nigeria under the Africa Continental Free Trade Area (AfCFTA).
Prince Harry, Meghan Markle ‘quit’ social media
Prince Harry and Meghan Markle have quit social media after growing disillusioned by the “hate” they have found on sites like Facebook and Twitter, a UK newspaper reported on Sunday.
Ex-Skye Bank chair Tunde Ayeni accuses Captain Okunbo of stealing, criminal diversion of millions...
A former chairman of the defunct Skye Bank (now Polaris Bank), Mr Tunde Ayeni, has dragged his business partner, Captain Hosa Okunbo, to the Economic and Financial Crimes Commission (EFCC) for alleged mismanagement, stealing and diversion of funds from their company – Ocean Marine Security Limited. In the petition written by his counsel, Mr Femi Fálànà (SAN), Ayeni gave a vivid account of how Okunbo tried to scheme him out of the company.
Former Ghana FA supremo admits wrongdoing during Fifa ban appeal
Former Ghana FA (GFA) president Kwesi Nyantakyi admitted to having breached several codes of Fifa’s ethics when his appeal was heard at the Court of Arbitration for Sport (Cas).
Economists appraise Nigeria’s N13.5 trillion budget
Financial Economists on Thursday urged the Federal Government to give practical effect to the programmes in the 2021 budget for it to be realistic and sustainable.
Retailers, consumers decry rise in cooking gas price
The Liquefied Petroleum Gas Retailers branch of the National Union of Petroleum and Natural Gas Workers on Thursday decried the increase in the price of cooking gas across the country.
US lawmakers demand investigation of Capitol security
U.S. lawmakers are calling for an investigation of the police force that protects the Capitol, while also offering praise for their actions, after Wednesday’s storming of the seat of the country’s legislative branch by a mob of pro-Trump supporters.
US Democrat Senate wins push stocks higher despite Capitol chaos
Clean sweep by Democrats allows them to enact big-spending policies likely to benefit the economy, investors say.
Democrats win one Georgia runoff and lead in second, moving closer to U.S. Senate...
Democrats won one hotly contested U.S. Senate race in Georgia on Wednesday and pulled ahead in a second, edging closer to control of the chamber and the power to advance Democratic President-elect Joe Biden’s policy goals when he takes office this month.
Recent Stories
Super Falcons skipper Asisat Oshoala loses stepmum
“I’ve heard lots of it has happened, it has happened, there is nothing you can do to bring her back, you are a strong girl… I just cannot process these lines, mummy, you are not gone; it is not possible.”
China to sanction U.S. officials for ‘nasty’ behaviour over Taiwan
Ministry spokeswoman Hua Chunying made the comment in response to a question about U.S. Secretary of State Mike Pompeo’s decision this month to lift restrictions on contacts between U.S. officials and their Taiwanese counterparts.
UK worried about Alexei Navalny’s safety after Russia detains him – minister
Britain is worried about the safety of Kremlin critic Alexei Navalny after he was detained on return to Moscow, British Vaccine Deployment Minister Nadhim Zahawi said on Monday.
NDLEA intercepts 21.9kg of cocaine at Abuja airport
According to him, during the inward clearance of the flight, the vigilant officers of the Command became suspicious upon noticing that the two brief cases were abandoned on the conveyor belt without any of the passengers claiming them.
Nigerian governors to meet over coronavirus second wave as schools re-open
The Nigerian Governors Forum on Monday said it will meet on Wednesday to chart a way out of the second wave of the pandemic as schools reopen across the country.
Most Popular
PDP raps President Buhari over performance claims
The Peoples Democratic Party, PDP, yesterday berated President Muhammadu Buhari over his stewardship in the past five years, saying he has failed to justify the confidence reposed in him by Nigerians.
Morocco to host 2022 Africa Women’s Cup of Nations
Morocco will be the host country for the 2022 Africa Women's Cup of Nations, the Confederation of African Football has announced.
Liverpool boss to launch Thiago’s assault vs Manchester United
A two-and-half-month spell on the sidelines after the Merseyside derby in mid-October meant Thiago returned to the fold for the last three games, all of which have come away from Anfield.
UK retailers call for police help to enforce mask rules
British retailers called on the police to help enforce the wearing of masks to limit the spread of COVID-19, with two of the biggest supermarkets saying on Monday they would challenge people who were flouting the rules.
NNPC records $120.49 million crude oil receipt in September 2020
The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and gas valued at $120.49 million for the month of September 2020.