THE Central Bank of Nigeria (CBN) says it undertook the sale of foreign exchange (Fx) to end users through a Retail Dutch Auction System (rDAS). According to a statement by Omolara Duke, Director, Financial Markets Department of the apex bank, the step was taken on Tuesday to reduce the …
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PRESIDENT has approved the appointment of the following Nigerians to the governing councils of these federal universities and tertiary institutions of learning: NIGERIAN MARITIME UNIVERSITY, OKERENKOKO, DELTA STATE (1) Temi Harriman — Chairman (2) Adeola Adeogun — Member (3) Benedict Aguele — Member (4) Freeman Kasa — Member (5) …
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THE Senate has raised concern over 1.5 billion dollars approved in 2021 for the turn-around maintenance of the Port Harcourt Refinery with little or no result. Sen. Opeyemi Bamidele, Chairman, Senate Ad Hoc Committee to Investigate the Alleged Economic Sabotage in the Nigerian Petroleum Industry, raised the concern during an …
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Cuban Greco-Roman wrestler, Nunez Lopez, on Tuesday won his fifth Olympic gold medal in the 130kg, beating Fernandez Acosta of Chile in the process at the ongoing Paris 2024 Games. Widely considered one of the greatest wrestlers of all time, López is also, five-time World Champion, and five-time Pan …
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SWISS federal prosecutors announced on Monday that Glencore’s international unit has been found ‘criminally liable’ and ordered to pay over $150 million in fines and compensation after concluding a probe into bribery related to the Congo mining industry over a decade ago. The Swiss attorney general’s office determined that …
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By Kingsley Ohens Candidate of the Peoples Democratic Party (PDP) in the September 21 governorship election in Edo State, Dr Asue Ighodalo, has sent his heartfelt condolences to His Grace, Most Rev. Augustine Obiora Akubese, the Archbishop of the Benin City Catholic Archdiocese in particular and the entire Edo Catholic …
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Justice T. N . Nzeukwu of the Imo State High Court has convicted and sentenced a pastor, Desmond Eke, to eight years imprisonment for raping his church member’s wife. Eke, the founder of Deliverance Ministry of the Good Shepherd, Umuehieta Avu, Owerri West Local Government Area of Imo State was …
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THE Katsina Command of the Nigeria Security and Civil Defense Corps, NSCDC, says it has arrested eight suspected streetlight and armoured cable vandals in the capital city. The command’s spokesman, DSC Buhari Hamisu, disclosed this while parading the suspects before newsmen in Katsina on Tuesday. Hamisu said that some of …
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TWO Chelsea strikers are set to leave Enzo Maresca’s squad before the new season kicks off. According to football transfer expert, Fabrizio Romano, they are Armando Broja and David Datro Fofana. Both Broja and Fofana spent last season on loan deals at Fulham and Burnley respectively. Romano wrote on …
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ECONOMIC Community of West African States (ECOWAS) Commission has called on protesters in Nigeria to accede to appeal by Nigerian President Bola Tinubu for dialogue. In a statement on Tuesday, the ECOWAS Commission said it had been “closely monitoring the ongoing protests by citizens of the Federal Republic of Nigeria, …
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