Pressures
Economists evaluate Nigeria-China currency swap
Some Financial Economists have expressed great concerns on the minor influence that the Nigeria-China currency swap had on the country’s economy, three years after.Some Financial Economists have expressed great concerns on the minor influence that the Nigeria-China currency swap had on the country’s economy, three years after.
AKA: I’m not a suspect in my fiancée’s murder investigation
Superstar South African rapper, Kiernan Forbes, has stated that he is not a suspect in the ongoing investigation into the death of his fiancée, Nellie Tembe, by the South African Police.
Super League: Barcelona, Juventus, Madrid react to UEFA sanction
UEFA yesterday announced that nine of the 12 Super League clubs had agreed to a “Club Commitment Declaration” and accepted a five per cent cut in their European revenue for one season.
Father Mbaka’s sin
Father Ejike Mbaka, Spiritual Director of the Adoration Ministry, Enugu attracts controversy the way flies are attracted to dung. He is completely unfazed about it. He comes across as a priest who does not mind what Pope Francis once referred to as “the sin of scandal”.
Kaduna governor: Surrendering to criminals not an option
Muyiwa Adekeye, Special Adviser to the Governor (Media & Communication) said in a statement on Tuesday, that amidst the violence unleashed by criminal elements on the people of Kaduna State, some commentators have responded by blaming KDSG for asserting that the duty of the state is to uphold the law and not to reward hoodlums for violating the lives, property and liberties of citizens.
President Buhari urges US to relocate AFRICOM HQ to Africa
President Muhammadu Buhari has urged the U.S. to reconsider relocating U.S. Africa Command (AFRICOM) from Stuttgart, Germany, to Africa, nearer the Theatre of Operation.
President Buhari seeks US help to tackle security challenges
President Muhammadu Buhari has canvassed for the support of the United States in the move by Nigeria and West African sub region to tackle security challenges in order to avoid spillovers.
Striking judiciary workers to hold nationwide protest
The Judiciary Staff Union of Nigeria (JUSUN) says it will hold a nationwide peaceful protest on April 19 to further press home its demand for financial autonomy for the judiciary.
WEF report: Closing gender gap to take 136 years
A new report from the World Economic Forum (WEF) estimates that attaining global gender parity will take nearly 136 years, up from its previous estimate of almost 100 years.
UN projects Nigeria’s GDP to expand by 1.5 percent
Nigeria’s gross domestic product (GDP) is projected to expand by 1.5 per cent this year, after a contraction of 3.5 per cent in 2020, a United Nations (UN) report said on Wednesday. In the latest...
Dangote Cement records higher volumes, operating efficiency
The company, in its audited results for 2020 released on the Nigerian Stock Exchange (NSE), reported a 37.7 per cent year-on-year (YoY) growth in profit after tax to N276.1 billion. Earnings were notably bolstered by stellar revenue growth, improved operating efficiency and lowered net finance expense.
Suspect linked to abduction of Rivers monarch arrested
The police have arrested one Wariboko Basoene in connection with the abduction of a traditional ruler in Rivers State.
Red List: African elephants face growing risk of extinction due to poaching
African elephants living in forests and savannas are increasingly threatened with extinction, the Red List of species in trouble showed on Thursday, as conservationists called for an urgent end to poaching.
CBN: We’ve disbursed N1.5 trillion to Nigerian farmers
The CBN Governor, Godwin Emefiele, made this known while presenting the communiqué on the Monetary Policy Committee (MPC) meeting held on Monday and Tuesday in Abuja.
Criticisms trail central bank’s policy as naira weakens
The Naira depreciated by 1.04 per cent to N485 per dollar as the new Central Bank of Nigeria’s (CBN’s) Naira for Dollar Scheme failed to incentivise the foreign exchange (forex) market.
African Bar Association wants Cape Verde sanctioned by ECOWAS
The African Bar Association (AfBA) has explained why it called on ECOWAS to sanction Cape Verde. President of AfBA, Hannibal Uwaifo, said that the refusal of the small Island nation to release a Venezuelan Diplomat, Mr. Alex Saab who has allegedly been detained in Cape Verde since 2019, is at the heart of the matter.
Schoolboy among five dead in Senegal unrest
A schoolboy was killed during violent protests in Senegal at the weekend, officials said, bringing the death toll from days of violence in the country to five.
Kim Kardashian says body-shamers ‘really broke me’ during pregnancy
Kim Kardashian on Friday called out those who bully and body- shame others, recalling her embarrassment when she was attacked for gaining 60 pounds during her first pregnancy.
PDP tasks new EFCC boss on professionalism
The Peoples Democratic Party, PDP, Sunday, urged the new Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulraheed Bawa, to restore professionalism in the running of the anti-graft body.
IMF, Ethiopia agree framework for loan deal reviews
The International Monetary Fund said on Tuesday it had agreed a blueprint for the completion of reviews of Ethiopia’s loan programme, taking account of the impact of the coronavirus and the country’s “domestic security situation”.
Olisa Metuh warns EFCC to stop ‘blackmailing’ Supreme Court
Former National Publicity Secretary of the Peoples Democratic Party (PDP), Chief Olisa Metuh, has cautioned the Economic and Financial Crimes Commission (EFCC) to allow the apex court the liberty to adjudicate on matters before it rather than blackmailing it for ulterior motives.
Nigeria inflation hits 16.47 percent
Nigeria’s headline inflation rose to 16.47 per cent in January 2021, the National Bureau of Statistics said on Tuesday.
Recent Stories
James Garner admits his Manchester United dream
James Garner has revealed to Inside United that playing for Manchester United is his ultimate goal.
NGO: Synergy among service chiefs‘ll end banditry
Nigerians Advocates for Peace (NAP), a Non-govenmental Organisation, has advised the service chiefs to work together as the surest way in tackling banditry in the country.
House minority leader empowers 350 constituents with generators, freezers, motorcycles, tricycles
Governor Ifeanyi Okowa of Delta State on Saturday in Asaba flagged off the distribution and presentation of empowerment items sponsored by the Minority Leader of the House of Representatives, Ndudi Elumelu.
Cult clash: NSCDC arrests six suspects in Kwara
Men of the Nigeria Security and Civil Defence Corps, Kwara State Command, on Saturday, arrested six suspected members of two rival cult groups in Ilorin, the state capital.
Economists evaluate Nigeria-China currency swap
Some Financial Economists have expressed great concerns on the minor influence that the Nigeria-China currency swap had on the country’s economy, three years after.Some Financial Economists have expressed great concerns on the minor influence that the Nigeria-China currency swap had on the country’s economy, three years after.
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House member urges Nigerian government to decentralise police
A member of the House of Representatives, Mr Legor Idagbor, has reiterated the need for the decentralisation of the Nigeria Police for effective war against insecurity.
IMF approves financing plan of debt relief to Sudan
The International Monetary Fund (IMF) executive board approved on Monday a financing plan to help mobilize resources needed for the fund to cover its share of debt relief to Sudan.
Ondo: Military, police destroy ‘criminal camp’
Combined security operatives on Friday embarked on a show of force in some riverine communities of Ondo State during which they destroyed a suspected criminal camp at Asere in Ese-Odo Local Government Area.
Elon Musk’s SpaceX inks satellite connectivity deal with Google Cloud
Google said on Thursday that it signed a deal with Elon Musk’s SpaceX to use the space company’s growing satellite internet service, Starlink, with its cloud unit. SpaceX will install Starlink terminals at Google’s cloud data centers around the world, aiming to utilize the cloud for Starlink customers and enabling Google to use the satellite network’s speedy internet for its enterprise cloud customers.
Ex-Ekiti PDP chairman asks Ayo Fayose to stop cursing aspirants opposed to his ‘anointed...
Former chairman of Ekiti Peoples’ Democratic Party (PDP), Chief Bola Olu-Ojo, has cautioned ex-Governor Ayodele Fayose to desist forthwith from raining curses on aspirants opposing his preferred governorship candidate for the 2022 poll, Chief Bisi Kolawole.