The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 79 pips to 7.1228 against the dollar on Thursday. 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 percent from the central parity rate each…
A military court in eastern Russia on Wednesday sentenced 13 young men to long prison terms over acts of sabotage on the country’s war effort. In a statement, the court in Chita, east of Irkutsk, said it imposed sentences of 23 years on the men, aged between 17 and 20 years old when they were…
The Chief of Staff to the President, Mr. Femi Gbajabiamila, on Wednesday inaugurated the first-ever secondary school in Itire-Ikate Local Council Development Area (LCDA) of Surulere, Lagos State. The school, named Gbajabiamila Junior and Senior Secondary School, was built and donated to the community by the Chief of Staff. Speaking at the inauguration, Gbajabiamila—represented by…
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…
Nigeria’s decision to halt the export of raw shea nuts for six months will strengthen local processors and cut production costs, the head of the Nigerian Export-Import Bank (NEXIM) has said. Managing Director Abba Bello told youth members of the ruling All Progressives Congress (APC) in Abuja on Tuesday that the measure would help Nigeria…
Former Governor of Kaduna State, Mallam Nasiru el- Rufai, has described the administration of President Bola Tinubu in the last two years as ‘’ an evil government that has plunged 30 million more Nigerians into poverty,” and must be stopped from further destroying the country. El- Rufai said this while speaking on the state of…
The Nigeria Union of Teachers (NUT) has called for immediate and decisive action to stop the escalating attacks on schools across Nigeria. NUT National President, Audu Amba, made the appeal at a press conference in Abuja on Tuesday, condemning the recent attacks in Kebbi and Niger States as “barbaric, unacceptable and a direct assault on…
South Korea’s law enforcement authorities on Monday summoned impeached President Yoon Suk Yeol for questioning over charges of insurrection and abuse of power related to his failed attempt to impose martial law. The joint investigation team, consisting of the police, the Corruption Investigation Office for High-ranking Officials, and the defence ministry’s investigation unit, said it…
The Debt Management Office (DMO), on. Monday hosted an investor meeting for the issuance of N300 billion series seven Sovereign Sukuk issuance in Abuja. The Director-General of the DMO, Patience Oniha, said that since inception in 2017, Sukuk had become a product of choice for non- interest investors in the capital market. According to Oniha,…
Doctors at the National Eye Centre, Kaduna, have been commended for successfully launching Corneal Refractive Surgery (CRS) services using the Laser Machine, the first of its kind in a Nigerian Public Hospital. Speaking with newsmen yesterday during the routine one month follow- up on all the five pioneer patients treated via Corneal Refractive Surgery,…
