On Thursday, white smoke emerged from the chimney of the Sistine Chapel, signaling that the cardinals inside had elected a new leader for the 1.4 billion members of the Catholic Church. The sight of the smoke prompted cheers and applause from thousands of pilgrims and spectators gathered in St. Peter’s Square, as the bells rang…
Gamblers are staking millions of dollars to predict who will emerge as new pope as betting sites place odds on the candidates as the Catholic Church cardinals sweat to pick a new pontiff. Polymarket, an American cryptocurrency-based betting site, has placed odds on candidates who will emerge. Similarly, Kalshi, another American betting site, is coordinating…
The Director General of the Standard Organisation of Nigeria (SON), Dr Ifeanyi Chukwunonso Okeke, has raised the alarm over the increasing presence of fake and substandard products in major markets across the country. Okeke, while raising the alarm, said the products were imported into the country by those he described as economic saboteurs. The…
President Bola Tinubu has mandated the formation of a Presidential Task Force aimed at eliminating numerous checkpoints that impede free movement. Ambassador Musa Nuhu, Nigeria’s Permanent Representative to ECOWAS, revealed this initiative during a visit to the Nigeria-Benin Republic border in Seme on Wednesday. “We are commencing with the Seme-Badagry Corridor. A committee has been…
Arsenal’s bid to win the Champions League for the first time is over after they suffered a 2-1 second-leg defeat to Paris St Germain at the Parc des Princes. Mikel Arteta’s players were already one goal down in the semi-final first leg, and, despite a strong start, they were two behind in the tie when…
The Securities and Exchange Commission (SEC) has commenced a comprehensive technology adoption survey targeted at registered Capital Market Operators (CMOs), in a bid to boost innovation and efficiency within the Nigerian capital market. In a circular released on Wednesday, the Commission said the assessment aims to evaluate how extensively CMOs are embracing advanced technologies in…
The naira yesterday depreciated to N1, 610 per dollar in the parallel market from N1,605 per dollar on Tuesday. Similarly, the Naira depreciated to N1,612 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN showed that the exchange rate for the naira rose to N1,612 per…
Mr. Blessing Agbebaku, the Speaker of the Edo House of Assembly, has articulated his reasons for transitioning from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). On Tuesday, Agbebaku, accompanied by two fellow House members, Hon. Sunday Fada Eigbiremonlen and Hon. Idaiye Yekini Oisayemoje, announced their defection to the APC. In an…
The U.S. National Transportation Safety Board (NTSB) has published its conclusive report regarding the helicopter crash that resulted in the tragic deaths of Herbert Wigwe, the former group CEO of Access Holdings Plc, along with his family and others. The report indicates that the crash, which occurred on February 9, 2024, near the California-Nevada border,…
Boko Haram terrorists have murdered an army captain in the Izge community of the Gwoza Local Government Area in Borno State. The assailants, who struck in the early hours of Wednesday, also killed a soldier. Confirming the incident, the Emir of Gwoza, HRH Alhaji Mohammed Shehu Timta, stated that the attackers stormed the area around…
