The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened seven pips to 7.1698 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate…
Dr Akinwumi Adesina, President/Chairman, Board of Directors, African Development Bank (AfDB) Group, has called for urgent action on electrification for Africa to drive its development. He made the call while speaking on “Taking Africa’s Energy Agenda to the Next Level”, at the ongoing Mission 300 Africa Energy Summit on Monday in Dar es Salaam, Tanzania….
Both engines of a plane that crashed in South Korea in late December, killing 179 people, show traces of a bird strike, according to a preliminary investigation report released on Monday. South Korean investigators said feathers and blood stains belonging to the baikal teal species were found on the engines. The migratory duck is mainly…
European Union top diplomat Kaja Kallas on Monday said that she hopes EU foreign ministers will be able to agree on gradually suspending the bloc’s economic sanctions on Syria. The Ministers are to decide on a “roadmap” for a step-by-step approach, Kallas said as she arrived at a meeting of EU foreign ministers in Brussels….
Hamas has rejected U.S. President Donald Trump’s proposal to relocate Palestinians from the Gaza Strip to Egypt and Jordan. In a press statement on monday, Hamas described the plan as an “aggressive scheme”aimed at displacing Palestinians and undermining their national cause. Hamas said that the Palestinian people, who have endured genocide and forced displacement by…
Iraqi Prime Minister Mohammed Shia’ al-Sudani has called for unified efforts among regional countries to support stability in the Middle East. Al-Sudani made the remarks during a meeting with the visiting Turkish Foreign Minister Hakan Fidan,this is according to a statement on Monday by Al-Sudani’s media office. The statement said the two ministers discussed bilateral…
The government of Colombia has agreed to U.S. President Donald Trump’s terms on migrant deportations, the White House says. Trump threatened Colombia with tariffs and sanctions, after two U.S. deportation flights carrying migrants were refused permission to land. “Colombia now agreed to all Trump’s terms, “including the unrestricted acceptance of all illegal aliens from Colombia…
Foreign visitors to New Zealand are now able to work remotely while in the country, the government announced on Monday. Economic Growth Minister Nicola Willis said the change, which came into effect immediately, was part of a plan to boost the economy. “Making the country more attractive to ‘digital nomads’ people who work remotely while…
According to the assessment of the Stockholm International Peace Research Institute (SIPRI), Russian Federation, even though the defence and industrial complex has been firmly reoriented towards the priority satisfaction of the demands of the armed forces after the conflict in Ukraine, remains one of the world’s largest arms exporters. Russia is ready to increase the…
The Federal Government has extolled the government and people of the Republic of India on the country’s 76th Republic Day anniversary celebration. The Minister of Foreign Affairs, Amb. Yusuf Tuggar, in a statement in Abuja on Sunday, described January 26 as a “very important day” in the history of India. Tuggar added in the statement,…
