The central parity rate of the Chinese currency, renminbi or the Yuan, strengthened 49 pips to 7.1415 against the dollar Monday, 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 each trading day….
The board of Access Holdings Plc has announced that it is awaiting approval from CBN to release its Half-Year (HY) financial results for the period ended 30th June 2023 after completion of the audit of its subsidiaries. This was disclosed in the company’s statement to the Nigerian Exchange Limited (NGX) and obtained by Nairametrics. This…
Juul Labs Inc. won preliminary approval of a settlement aimed at resolving thousands of lawsuits targeting the e-cigarette maker as a major cause of a US youth-vaping epidemic. U.S. District Judge William Orrick said on Friday the deal to settle almost 10,000 lawsuits filed by local governments across the US seemed to be “fair…
India reported over 12,000 COVID-19 infections on Thursday, an increase of nearly 2,000 cases compared to yesterday. As many as 12,591 cases were registered, the daily COVID-19 report shared by the government showed. The country’s active caseload currently stands at 65,286 – 0.14% percent of the total cases. India reported over 10,000 cases for the…
Iranian President Masoud Pezeshkian has called on Muslim states to take joint actions to force Israel to stop its “crimes and genocide” in Gaza. He made the appeal during talks with visiting Qatari Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman Al Thani in Tehran, according to a statement by his office….
Chadian Ambassador to Russia Adam Bechir, on Tuesday said Russians detained in Chad, including sociologist Shugaley, will soon be released and handed over to Russian authorities. On Monday, the Russian Foreign Ministry said that Moscow was taking all necessary measures to ensure the release of three Russian and one Belarusian citizens detained in Chad on…
The ECOWAS Court has ruled that the Republic of Sierra Leone must pay US$20,000 to UNISEL Limited, a local company, for interfering with its property rights. The court’s decision came after the government’s agents refused to allow the company to enjoy the rights to a property it legitimately acquired from the government in 2013. Delivering…
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The Commission of the Economic Community of West African States (ECOWAS), the Embassy of the Federal Republic of Germany, and The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have come together to enhance cooperation on peace and security in the West African sub-region. In a courtesy visit to the ECOWAS Commission Headquarters in Abuja on July…
The National Assembly is set to transmit the Bill for the establishment of the Nigeria Peace Corps to President Muhammadu Buhari for his assent. It was gathered that the House of Representatives took the lead by constituting a six-man conference committee that would work with their Senate counterpart to harmonise and produce a clean…
