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POLITICS

Trump’s hush money trial begins in New York

Donald Trump goes to court Monday as the first US ex-president ever to be criminally prosecuted, a seismic moment for the United States as the presumptive Republican nominee campaigns to re-take the White House.The scandal-plagued 77-year-old is accused of falsifying business records in a scheme to cover up an alleged sexual encounter with adult film actress Stormy Daniels to shield his 2016 election campaign from adverse publicity. The so-called hush […]

todayApril 15, 2024 10

SPORTS

Super Falcons break 16-year ill luck, to qualify for 2024 Olympics in Paris

By Toffa Momoh The Super Falcons of Nigeria have broken a 16-year-old jinx as they qualified for this year’s Olympics Women football after holding the Banyana Banyana of South Africa to a goalless draw in Pretoria. Eagles FM reports that the Super Falcons played a draw with the Banyana Banyana of South Africa in the second leg fixture of the Olympics qualifiers on Tuesday. The game played at the Loftus […]

todayApril 10, 2024 30 1 2

NEWS

External reserves drop by $950m in 17 days — CBN report

Nigeria’s foreign exchange reserves have taken a significant hit, dropping by approximately $1.02bn within 18 days as the Central Bank of Nigeria steps up efforts aimed at defending the naira. On March 18, 2024, the FX reserves stood at $34.45bn, but by April 3, it had dropped to $33.50bn, based on the latest data from the CBN. Before the current decline, the reserve had been steadily growing, witnessing a remarkable […]

todayApril 8, 2024 33

BUSINESS

BDC operators ask CBN to lower exchange rate

The Association of Bureaux De Change Operators of Nigeria has appealed to the  Central Bank of Nigeria to adjust and lower its applicable exchange rate below the N1,251/$ it pegged for its members. ABCON National President, Aminu Gwadabe, stated this in a letter to the CBN Director, Trade & Exchange Department. The appeal comes when the parallel market rate of 1,235/$ is lower than the BDCs’ applicable buying exchange rate […]

todayApril 8, 2024 22

NEWS

Forced friendship: Wike, Fubara square up again as Villa’s peace deal crumbles

IT is no longer news that the peace pact between the Rivers State Governor, Siminalayi Fubara, and his predecessor and estranged political godfather, Nyesom Wike, has collapsed, following the intervention in October 2023 by President Bola Tinubu, in the wake of the escalating political crisis in the crude oil and gas-rich state. The Minister of the Federal Capital Territory, Nyesom Wike, during a media chat in Abuja on Tuesday, April […]

todayApril 8, 2024 21

NEWS

NiMet predicts three-day sunshine, thunderstorms from Monday

The Nigerian Meteorological Agency has predicted sunshine and thunderstorms from Monday to Wednesday. NiMet’s weather outlook released on Sunday in Abuja, forecast sunny and hazy atmosphere over parts of Yobe and Borno states on Monday, with chances of thunderstorms over part of Kebbi. According to NiMet, the remaining parts of the North should be sunny with patches of cloud during the morning periods. “Later in the day, isolated thunderstorms are […]

todayApril 8, 2024 33

SPORTS

EPL: Alex Iwobi breaks Mikel Obi’s record

Fulham’s Alex Iwobi has surpassed John Mikel Obi’s record for the most minutes played by a Nigerian in the English Premier League. In Fulham’s recent 1-0 home defeat to Newcastle United, Iwobi played the entire 90 minutes, taking his Premier League minutes tally to an impressive 16,289. This remarkable feat eclipses the previous record of 16,218 minutes held by former Chelsea stalwart John Mikel Obi. Iwobi’s journey in the Premier League began […]

todayApril 8, 2024 24

NEWS

Kano govt charges Ganduje, wife with $413,000, N1.38bn bribery

The Kano State Government has filed criminal charges against the immediate past governor, Abdullahi Ganduje, over alleged $413,000, N1.38bn bribery. The state said it had assembled 15 witnesses to testify against Ganduje. Joined as co-defendants in the charge sheet dated April 3, 2024, sighted by our correspondent on Thursday, were Ganduje’s wife Hafsat, and his son, Umar. Also listed as defendants were Jibrilla Muhammad, Lamash Properties Ltd,  Safari Textiles Ltd […]

todayApril 5, 2024 6

NEWS

12 states plan power projects, anger spreads over tariff hike

Lagos, Kano, and 10 other states have concluded plans to start generating power in their respective states in conformity with the Electricity Act 2023. it was gathered on Thursday that some of these states had established their electricity market laws and were waiting for the approval of the Nigerian Electricity Regulatory Commission to have independent regulatory bodies different from the NERC owned by the Federal Government. As the states stepped […]

todayApril 5, 2024 25

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