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CBN injects $210m into FX market

currency exchange

As the Monetary Policy Committee of the Central Bank of Nigeria commenced its last meeting for 2017, the bank injected has $210m into the inter-bank Foreign Exchange Market. The CBN Acting Director, Corporate Communications, Mr Isaac Okorafor in a statement issued on Monday in Abuja, said the interventions were in the Wholesale, Small and Medium Enterprises and invisibles windows. He ...

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Trump declares North Korea state sponsor of terror

Donald Trump

President Donald Trump on Monday declared North Korea a state sponsor of terrorism, returning Kim Jong-Un’s nuclear-armed pariah regime to a short blacklist of targeted US foes. “Should have happened a long time ago. Should have happened years ago,” Trump declared, announcing the designation at the start of a White House cabinet meeting. North Korea is already under a wide ...

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Nigerians deserve to know why Nigeria Airways failed –Buhari

Aircraft landing on runway

President Muhammadu Buhari on Monday said he was under tremendous pressure from some prominent Nigerians desirous of establishing another national carrier for Nigeria. He, however, said his position remained that Nigerians need to know how the nation lost the former national carrier, Nigeria Airways. According to a statement by his Senior Special Assistant on Media and Publicity, Garba Shehu, Buhari ...

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BREAKING: Mugabe agrees to resign


Zimbabwe’s President Robert Mugabe’s 37-year rule appeared at an end Sunday after a source confirmed he had agreed to resign and was preparing to address the nation. Mugabe’s grip on power was broken last week when the military took over, angered at his wife Grace’s emergence as the leading candidate to succeed the 93-year-old president. “Yes he has agreed to ...

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Alex Ekwueme dies in London hospital

Alex Ekwueme

Ihuoma Chiedozie, Enugu Second Republic vice president, Dr. Alex Ekwueme, is dead. The elder statesman’s death was disclosed in a statement issued by the Ekwueme family of Oko, in Anambra State. The statement was reportedly released in the early hours of Monday. The statement, signed by the former vice president’s brother, and the traditional ruler of Oko in Anambra State, Igwe ...

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Serena Williams weds Ohanian in £2.6m princess dress

serena williams weds

Serena Williams has married Reddit co-founder Alexis Ohanian in a lavish ceremony just 11 weeks after giving birth. The couple met at a hotel in Rome – and while he had booked a room to attend a conference, she was staying there to play in the Italian Open. As he was not a tennis fan, it took Mr Ohanian a ...

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U.S. Navy crew grounded after pilot draws penis in the sky

navy pilot penis skit

A U.S. Navy air crew was grounded on Friday after using their advanced fighter jet to draw a giant image of a penis in the sky with the exhaust, officials said. The incident took place in skies over Okanogan County in Washington state on Thursday, when a Navy E/A-18 Growler warplane flew the unusual air pattern. Images of a condensed ...

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Nigeria targets N945bn revenue from non-oil sector in 2018


The Federal Government plans to raise the sum of $3.1bn (N945.5bn) from the country’s non-oil export sector through value addition from 11 agricultural products. Details of the projected revenue from the exportation of these products are contained in a document prepared by the National Committee on Export Promotion. The document is the implementation framework, which the committee, had prepared to ...

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Patience Jonathan used NGO as front for money laundering – EFCC


The Economic and Financial Crimes Commission has said a recent application filed by Patience, the wife of former President Goodluck Jonathan, before the Federal High Court in Abuja has justified its assertion that a non-governmental organisation, Ariwabai Aruera Reachout Foundation, being investigated for corruption, was a front for the former first lady. The EFCC stated this in its response to ...

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UPDATE: Zimbabwean army, ruling party decide Mugabe’s fate today


President Robert Mugabe will meet with the top officers of the Zimbabwe Defence Forces on Sunday (today). This was disclosed by the Chairman of the negotiating team, Fidelis Mukonori, according to the Zimbabwe Broadcasting Corporation. Mukonori said this would be the second time that Mugabe and the ZDF command would meet, the first meeting having taken place on Thursday. “The negotiating ...

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Crunch talks as Mugabe and generals thrash out his exit


Zimbabwean army generals will pile further pressure on President Robert Mugabe to resign Sunday after tens of thousands of overjoyed protesters celebrated the apparent end of his 37-year regime. Mugabe’s hold on power was broken this week when the military took over in a dispute over who would succeed the 93-year-old president, the world’s oldest head of state. Mugabe remains ...

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Bomb scare, anxiety as Anambra voters elect governor today

anambra election

AS the people of Anambra State decide who occupies the position of the state governor today (Saturday), there is palpable fear that the election could be marred by violence. This is happening amid fears of bomb blast in Onitsha. Some residents of the state were seen gathered in different groups to discuss, in trepidation, what the outcome of the election ...

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Poverty eradication: Ezekwesili seeks 7% economic growth


A former Vice President of the World Bank and ex-Minister of Education, Dr. Oby Ezekwesili, says if the Federal Government will lift millions of Nigerians out of poverty and hardship, then there is a need for policymakers to devise means to grow the economy at a minimum of seven per cent per annum. Ezekwesili said Nigerians must “disrupt” the current ...

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AOC: Experts want FG to increase fleet size requirement

Nigerian Airport

Experts in the aviation industry have called on the Federal Government to enact a law that will make it mandatory for domestic airlines to have minimum of 20 aircraft before obtaining Air Operators’ Certificates. The development, they said, would strengthen the airlines’ operations and also help them to attract funding aid from outside the country. The experts made the suggestion ...

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Google honours Chinua Achebe


If he hadn’t died in March of 2013, one of Nigeria’s most popular novelist, poet, professor, and critic, Chinua Achebe would have clocked 87 years of age on the 16th of October, this year. That is why Google is honouring the late Albert Chinụalụmọgụ Achebe with its doodle. The novelist was born on November 16, 1930. His first novel Things Fall ...

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Olamide drops new album, ‘Lagos Na Wa’


Nigeria rapper Olamide Adedeji has released a new album titled ‘Lagos Na Wa’, bringing his album repetoire to seven since his debut in 2011. The album was released on Friday barely a year after he released ‘The Glory’ album. Lagos Na Wa is a 17-track album with songs like hit single Wo, Wo Spiritual and Oro Paw Paw. Other songs on the album include ...

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Ruthless Mafia boss, Toto Riina who ordered 150 ‘hits’ dies

toto mafia

Toto Riina, one of the most feared Godfathers in the history of the Sicilian Mafia, died early Friday after battling cancer, Italian media reported. Riina, who had been serving 26 life sentences and is thought to have ordered more than 150 murders, had been in a medically-induced coma after his health deteriorated following two operations. The mobster, who turned 87 ...

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U.S. approves digital pill that tracks when patients take it

Free abortion pill for quebec

U.S. regulators on Tuesday approved the first digital pill with an embedded sensor to track if patients are taking their medication properly, marking a significant step forward in the convergence of healthcare and technology. The medicine is a version of Otsuka Pharmaceutical Co Ltd’s established drug, Abilify,for schizophrenia, bipolar disorder and depression, containing a tracking device developed by Proteus Digital Health. ...

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