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Thursday, April 18th, 2024

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Forex scandal: Emefiele faces fresh charges as Dangote denies wrongdoing

The Economic and Financial Crimes Commission has written to over 85 entities comprising corporate organisations and individuals over an ongoing investigation into alleged fraudulent foreign exchange allocations under the embattled former governor of the Central Bank of Nigeria, Godwin Emefiele. It was gathered that Emefiele might face an amended charge to include new discoveries in the […]

AFRICA-FX-Nigerian, Kenyan and Ugandan currencies seen falling

Nigeria’s naira and the Kenyan and Ugandan shillings are expected to weaken in the next week to Thursday, while Ghana’s cedi and Zambia’s kwacha could be steady, traders said. KENYA Kenya’s shilling is seen falling on increased demand for dollars from sectors including manufacturing. Commercial banks quoted the shilling at 157.00/158.00 per U.S. dollar, compared […]

US expresses concern after Burundi president says gay people should be stoned

The United States said on Friday it was troubled by comments from Burundian President Evariste Ndayishimiye, who last week called on citizens of the small African country to stone gay people. The comments escalated a crackdown on sexual minorities in a nation where LGBT people already face social ostracism and jail terms of up to two years […]

Intentionality in Relationships

By Dorcas Omidoyin In the hustle and bustle of our daily lives, it’s easy for relationships to become a background hum rather than a vibrant melody. However, there’s incredible power in being intentional about the connections we forge. Let’s explore the art of intentional relationships and how it can transform the way we relate to […]

Tinubu New Year broadcast: APC defends FG as Labour warns against failed promises

The organised Labour on Monday said President Bola Tinubu’s administration must not fail to fulfill its promises to Nigerian workers in 2024. The Nigeria Labour Congress and the Trade Union Congress, which gave the warning in separate interviews with one of our correspondents in Abuja, said the President must  “walk the talk’’ in the New […]

FG insists on electricity subsidy amid tariff review

The Federal Government, on Monday, announced that it was currently reviewing the implementation process for a cost reflective electricity tariff, but stated that it would continue to subsidise power supply for vulnerable citizens in Nigeria. It also announced that it would unbundle the Transmission Company of Nigeria by separating Transmission services from System and Market […]

Japa: UK stops Nigerian students, others from bringing dependants

The Home Office of the United Kingdom on Monday announced that it had commenced the implementation of its policy banning Nigerian students and other overseas students from bringing in dependants via the study visa route. In a post on X (formerly Twitter), the Home Office reiterated that only those on postgraduate research or government-sponsored scholarship […]

Dangote refinery gets another one million crude barrels

The Dangote Petroleum Refinery, on Monday, received the fourth shipment of one million barrels of bonny light crude oil, supplied by the Nigeria National Petroleum Corporation Limited. A statement from tne $20bn firm stated that the oil company was expecting the fifth crude oil shipment soon. The plant had earlier received three shipments of crude […]

Navigating the New Year with SMART Goals: Your Personal Roadmap to Success

Dorcas Omidoyin As we stand on the threshold of a brand new year, it’s the perfect moment to reflect on where we’ve been and envision where we want to go. Enter SMART goals – a game-changer in the pursuit of personal growth and success. Let’s embark on a journey of self-discovery and intentional living by […]

The Gift of No Condemnation

Princess Arira People often ask, “If believers know that they are free from all condemnation, won’t they go out and sin?” Well,. that is not a reasonable question to ask though. When a man is saved He is saved to the uttermost. God is using revelation of His grace to heal the broken-hearted and set […]

Zamfara to digitise state radio, tv with N1.3bn

The Zamfara Government has earmarked N1.3billion in the 2024 Appropriation Bill for the digitalisation of the state-owned radio and television stations and Legacy Newspapers Company. The state Commissioner for Information and Culture, Mannir Haidara, disclosed this in Gusau on Monday after defending the ministry’s budget before the state House of Assembly Committee on Finance and […]

Congo reaffirms commitment to OPEC, oil minister says

Congo on Saturday reaffirmed its commitment to the Organization of the Petroleum Exporting Countries (OPEC), days after neighbor Angola decided to leave the organization. “The Republic of Congo reaffirms its steadfast commitment to the strategic policy defined by the Secretary-General of OPEC and OPEC+,” Congo’s hydrocarbons minister Bruno Jean-Richard Itoua said in a LinkedIn post. “Congo is […]