Naira rebounds as banks offload excess dollars
Ahead of the midnight February 1, 2024 deadline given by the Central Bank of Nigeria to commercial banks to sell all excess foreign exchange holdings, Deposit Money Banks on Thursday made frantic efforts to offload their surplus dollar stocks. It was learnt that the treasury departments of the DMBs spent the entire day battling to […]
FG seeks concerted efforts in fight against drug abuse
The Federal Government has called on relevant stakeholders to make concerted efforts towards ending drug abuse among youth in the country to prepare them for employability, entrepreneurship, and becoming future leaders. The Minister of State in the Ministry of Youth Development, Mr Ayodele Olawande, made the call during a working visit to the United Nations […]
African Union urges dialogue between ECOWAS and junta-led states
The African Union (AU) on Tuesday called for dialogue between the Economic Community of West African States (ECOWAS) and junta-led countries Niger, Mali and Burkina Faso who have said they will leave the bloc. The trio’s decision to exit ECOWAS, which they announced on Sunday, is a blow to the bloc’s regional integration efforts after […]
Government reopens 23 Oyo schools after 10-year shutdown
The Oyo State Government, on Thursday, ordered the reopening of 23 schools in the Atiba, Afijio, Oyo East and Oyo West local government areas of the state, 10 years after they were shut down over land disputes. The state Deputy Governor, Bayo Lawal, who waded into the boundary crisis that culminated into the 10-year closure […]
Airfares to UK, US, others jump by 55%
The depreciation of the naira against the United States dollar by 55 per cent at the official foreign exchange market has led to a commensurate depreciation in airfares on international routes in Nigeria, according to findings by The PUNCH. The naira had fallen from approximately 900/dollar to over 1,400/dollar on Monday after the FMDQ Exchange, which […]
How Often to Clean Your Shower Curtain — and These 6 Other Bathroom Items
Let’s face it: Cleaning the bathroom probably isn’t anyone’s cup of tea. Whether it’s scrubbing gunk out of the bathtub drain or swishing a brush around the toilet bowl, it’s not exactly a fun. Of course, a mucky, smelly bathroom isn’t a great alternative, so, as they say, it’s a dirty job, but someone’s got […]
Navigating Intercultural Relationships: Embracing Diversity in Love
In today’s interconnected world, love knows no borders. Couples from diverse cultural backgrounds often find themselves embarking on a journey that weaves together the rich tapestry of their unique heritage. Navigating an intercultural relationship can be both challenging and incredibly rewarding. Here are some insights and advice to help couples foster understanding, respect, and celebration […]
Escalating Fear: Unravelling The Panic Attack Puzzle
By Timothy Alor If you find yourself feeling a certain way without any clear reason, it might lead to something called “Panic Attack.” Now, let’s break it down. Imagine you’re in your kitchen, casually pouring a cup of coffee, and suddenly, out of the blue, you feel a rush of adrenaline. Your heart speeds up, […]
Black Friday, holiday sales spur demand at S.Africa’s Shoprite
Shoprite (SHPJ.J), opens new tab, South Africa’s biggest supermarket group, reported on Tuesday a nearly 14% jump in its half-year sales, supported by a record Black Friday and festive season as cash-strapped shoppers and upmarket consumers went after food deals. The retailer, with more than 2,900 stores across Africa, said group sales for the six-month […]
$20bn Dangote Refinery to import crude from United States
LAGOS—THE $20 billion Dangote Refinery has concluded plans to import crude oil from the United States in the coming months. Already, traders’ familiar with the matter disclosed that Trafigura Group has sold two million barrels of WTI Midland to the Dangote refinery for delivery by the end of February 2024. According to Bloomberg, this marks […]
Fish out killers of two Ekiti monarchs, Oyebanji orders security agencies
Ekiti State Governor, Mr Biodun Oyebanji, has ordered security agencies in the state to fish out the killers of the two traditional rulers in the Oke-Ako area, Ikole Local Government Area of Ekiti State. Oyebanji, who condemned the dastardly act, assured the people of the state that the government would spare nothing to get to […]
Oil prices rise as Middle East concerns fuel supply fears
Oil prices bounced back in early trade on Tuesday, following a more than 1% drop the previous session, as escalating geopolitical tensions in major producing region the Middle East fuelled supply concerns. Brent crude futures rose 17 cents, or 0.21%, to $82.57 a barrel by 0401 GMT. U.S. West Texas Intermediate crude was up 17 […]
ECOWAS chair Nigeria slams juntas’ move to quit bloc
Nigeria on Monday said the “unelected” military authorities in Niger, Mali, and Burkina Faso were letting their people down with their joint decision to leave the Economic Community of West African States (ECOWAS).Nigeria, which is the current chair of the political and economic bloc, was commenting for the first time on the three junta-led countries’ […]
Ethiopia’s deputy PM Demeke to be replaced by spy chief Temesgen
Ethiopia’s deputy prime minister Demeke Mekonnen, who has occupied the post for over 11 years under three successive prime ministers, will be replaced by spy chief Temesgen Tiruneh, a senior government official told Reuters on Friday.Temesgen was elected to succeed Demeke as a vice president of the ruling Prosperity Party, state-run media reported. A vice […]
Reducing cabinet will affect performance, Tinubu insists
President Bola Tinubu has justified his cabinet of 47 ministers saying the number reflects the diversity of roles required to run an efficient government. The president expressed doubt about reducing his cabinet, saying no guarantee this would boost performance He also urged the leadership of the Christian Association of Nigeria to propagate the message of […]