The central parity rate of the Chinese currency Renminbi, or the Yuan, strengthened 45 pips to 7.1696 against the dollar on Wednesday. This is according to the China Foreign Exchange Trade System. The central parity rate of the Yuan against the dollar is based on a weighted average of prices offered by market makers before […]
The Federal Government has given the contractors handling the Mbiama section of the East-West Road a marching order to complete the project by November 2025. Minister of Works, David Umahi, who inspected the progress of the work, expressed delight at the completion of the 47-kilometer Section 2.1 of the project during a two-day inspection tour. […]
Amid the struggling oil prices, which remained below Nigeria’s budget benchmark of $75 per barrel, the country’s oil production in February dropped further to 1.4 million barrels per day. This development, reported by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), indicates that the country may fail to meet its Organization of Petroleum Exporting Countries (OPEC) […]
Goods, shops, and properties worth multiple millions of naira have been destroyed in a fire incident that razed parts of the popular Aleshinloye Market in Ibadan, the Oyo State capital. The fire, which broke out at midnight, left behind trails of loss, wailing, and anguish. Many traders lost multiple shops in the inferno, with one […]
Nigeria and Jamaica are set to explore the possibility of a direct flight route as both countries strengthen the Bilateral Air Service Agreement. This was contained in a statement signed by the Special Adviser on Media and Communications to the Ministry of Aviation and Aerospace Development, Tunde Moshood, on Wednesday. Aviation Minister, Festus Keyamo, welcomed […]
The Supreme Court on Tuesday affirmed Lucky Aiyedatiwa of the All Progressives Congress as the governor of Ondo State. In the lead judgment delivered by Justice Garba Lawal, the apex court dismissed the appeal of the Peoples Democratic Party and its governorship candidate, Agboola Ajayi, seeking to nullify Aiyedatiwa’s victory. The appellants had sought to […]
The Nasarawa State Attorney General and Commissioner for Justice, Jugbo Hauwa Samuel, said that the ministry has taken over the prosecution of Timileyin Ajayi, a gospel singer accused of brutally murdering and dismembering 24-year-old National Youth Service Corps (NYSC) member, Salome Adaidu Speaking with journalists, Samuel assured that the state will leave no stone unturned […]
Former Minister of State for Foreign Affairs, Chief Dubem Onyia, has died at the age of 73. His family announced in a statement on Tuesday that he passed away on Monday, March 10, 2025, after a period of illness. The statement read, “It is with profound sadness that we announce the passing of Hon. Chief […]
The Nigerian government has been applauded for its innovative approach to student loans, where institutional fees are paid directly to tertiary institutions. Plateau State Governor, Barr. Caleb Mutfwang, gave the commendation yesterday in Jos, Plateau State, when he received the Managing Director/Chief Executive Officer of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, ahead of […]
Former Philippines president Rodrigo Duterte was arrested Tuesday in Manila by police acting on an International Criminal Court warrant tied to his deadly war on drugs. The 79-year-old faces a charge of “the crime against humanity of murder”, according to the ICC, for a crackdown that rights groups estimate killed tens of thousands of mostly […]
Ukraine will present the United States on Tuesday with a plan for a partial ceasefire with Russia, hoping to restore support from its key benefactor, which under President Donald Trump has demanded concessions to end the three-year war. The talks in Saudi Arabia come as Russia has ramped up attacks against Ukraine and Kyiv has […]
President Donald Trump called Canada a “tariff abuser” Monday and claimed the United States did not need Canadian energy after the province of Ontario imposed an electricity surcharge on three US states. The leader of Ontario, Canada’s most populous province, said earlier Monday that it was adding a 25 percent surcharge on electricity exports to […]