The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 24 pips to 7.1935 against the dollar on Wednesday. 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…
The Court of Appeal on Wednesday reserved ruling in the motion to adduce fresh evidence in the N2.5 billion debt owed 110 disengaged staff members of the Ahmadu Bello University Zaria. The appellants are the ABU management, the Minister of Education and the Attorney-General of the Federation while the respondents are the 110 disengaged staff…
President Bola Ahmed Tinubu has issued a stern warning to perpetrators of attacks, kidnappings, and other threats to national security, declaring that his administration will ensure they face the full weight of the law. The announcement came during an extended security briefing at the State House, Abuja, where the President received updates from top defence…
After months of negotiations, unions and producers in Germany had agreed on collective bargaining rules for the use of artificial intelligence (AI) in film and television production. The agreement was announced by the German producers’ alliance, the services union Verdi, and the actors’ union BFFS on Monday. The Verdi union said that the new regulation…
No fewer than 501 visually impaired candidates are set to sit for the 2025 Unified Tertiary Matriculation Examination (UTME) at 11 designated centres across the country. Chairman of the JAMB Equal Opportunity Group (JEOG), Prof. Emeritus Peter Okebukola, disclosed this on Wednesday in Abuja during a press briefing. Speaking ahead of the examination for visually…
Nigeria’s upstream oil sector has recorded a major rebound, with the number of active oil rigs rising from eight in 2021 to 46 as of July 2025, according to new figures from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Mr Gbenga Komolafe, NUPRC’s Chief Executive, revealed the data on Wednesday at the opening of a…
El Salvador’s President Nayib Bukele has agreed to take in criminals of any nationality, including violent criminals from the U.S. says Secretary of State, Marco Rubio . “Bukele has agreed to accept for deportation any illegal alien in the U.S. who is a criminal from any nationality, be they MS-13 or Tren de Aragua, and…
More than 2,000 police officers are on duty in Berlin on Monday as the German capital holds a number of events to mark the first anniversary of the Oct. 7, attacks on Israel. After an early evening service at the Kaiser Wilhelm Memorial Church in the western district of Charlottenburg, more than 1,000 demonstrators were…
The death has occurred of Omar Farouk, the son of the traditional ruler of Dambatta of Kano State, Dr Mansur Mukhtar. Mukhtar, the deceased father, is a former Minister of Finance, This was announced by the family of the deceased in a statement on Sunday in Abuja. Farouk died on Saturday in Abuja and was…
An Abuja-based human rights lawyer, Maxwell Opara, on Tuesday, withdrew a suit he filed to challenge former Inspector-General (I-G) of Police, Kayode Egbetokun’s tenure elongation by President Bola Tinubu. Opara told Justice Umar Mohammed of the Federal High Court in Abuja, shortly after the case was called, that he was withdrawing the suit following Egbetokun’s…
