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Standard & Poor’s
South Africa’s Finance Minister Tito Mboweni announced Wednesday a $1.6 billion-a-year bailout for the country’s electricity utility in a bid to stave off further downgrades to Pretoria’s credit rating as he unveiled a new budget.
The Indian rupee on Thursday weakened past 69 to a dollar for the first time, slumping to an all-time low amid a spike in crude oil prices, foreign capital outflows and a widening current account deficit.
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.
Bond investors on Friday gave a $1.8 billion boost to Tesla Inc’s balance sheet by snapping up the electric car maker’s first foray into the U.S. junk bond market, where yield-hungry investors have raced to lock in relatively higher returns.
A witness invited by the petitioners before the Presidential Election Petition Tribunal (PEPT) has disagreed with the results of the last presidential election in Katsina State as claimed by the Peoples Democratic Party (PDP) and its candidate in the last presidential election, Atiku Abubakar.
Barcelona have agreed to sell left-back Marc Cucurella to Getafe just a day after they brought him back from Eibar.
The Kaduna State House of Assembly has began deliberations on the N81.68 billion supplementary budget forwarded to it by Gov. Nasiru El-Rufai.
The Nigerian Air Force (NAF) has appointed new Branch Chiefs, redeployed two Air Officers Commanding (AOCs) and other senior officers.
The Mexican drug kingpin Joaquin “El Chapo” Guzman has been sentenced to life behind bars in a U.S. prison, a humbling end for a drug lord once notorious for his ability to kill, bribe or tunnel his way out of trouble.
The National Emergency Management Agency (NEMA) says 14 persons have so far died and four others severely injured in the collapsed three-storey building at Delimi Community of Jos North Local Government Area of Plateau.
Apostle Johnson Suleiman, the senior pastor and general overseer of Omega Fire Ministries International, has described the inscription of herdsmen in the new Nigeria passport as a shameful act.
The Court of Appeal in Abuja has declared the detention of former National Security Adviser (NSA), Colonel Sambo Dasuki, by the Department of State Security Service (DSS) as illegal, unlawful and unconstitutional and ordered his release on conditional bail.
Juventus have joined Manchester City and Inter in the battle to sign Dani Alves as a free agent.
President of the Nigeria Labour Congress (NLC), Comrade Ayuba Wabba, has said that the Congress has not issued any strike notice over the implementation of the new national minimum wage by the government.