GLOBAL NEWS

Naira gains against the dollar at parallel market

The Naira on Monday appreciated at the parallel market after a two-week losing streak. The currency gained three points to exchange at N490, from N493 it posted last Friday, while the pound sterling and the euro traded at N600 and ...

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How Jonathan, Diezani collected $466m bribe in Malabu oil deal

Former Nigerian president, Goodluck Jonathan and Diezani Alison-Madueke, immediate past petroleum minister, were allegedly given bribes in the $1.3 billion deal involving ENI and Royal Dutch Shell. Jonathan, Alison-Madueke, and other government officials benefitted from a sum of $466m which ...

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CAN thanks Buhari for Obazee’s removal

Following the sack of Jim Obazee’s from his position as executive secretary of the Financial Reporting Council of Nigeria by President Muhammadu Buhari on Monday night, the Christian Association of Nigeria (CAN) has hailed the president’s decision. General Secretary Rev. ...

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FG suspends Corporate Governance Code

The Nigerian government has suspended a corporate governance code issued by the country’s Financial Reporting Council of Nigeria, FRC. The Minister for Industry, Trade and Investment, Okechuckwu Enelamah, made the disclosure in a statement on Monday, after President Muhammadu Buhari’s ...

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Former Niger governor Abdulkadir Kure, dies at 60; 3-day mourning declared

A former governor of Niger, Alhaji Abdulkadir Kure, is dead. Kure died on Sunday in a German hospital at the age of 60. The Chairman of Peoples Democratic Party in Niger, Tanko Beji, confirmed the death of the former two-term ...

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Akufo-Addo sworn in as Ghana’s President

Nana Akufo-Addo was sworn in on Saturday as Ghana’s new president at a ceremony in Accra, the country’s capital. In a speech as he took office, the president said “I will not let the good people of Ghana down. “I ...

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DID YOU KNOW? More people died in 2016 suicide bombings than ever before – Study

A study by the Israeli Institute for National Security Studies on Friday indicated that last year was the deadliest recorded for suicide bombings, with more than 5,650 people killed worldwide. A statement from the Tel Aviv-based institute said not less ...

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US Army approves beards, head scarf for Muslim officers

The US Army has approved the wearing of beards, head scarf or hijabs for Muslim soldiers and officers of other religious minorities. Soldiers who desire to wear any of the items are to obtain approval to dress and groom themselves ...

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2016 Glo-CAF Award: Full list of winners as Mahrez, Iheanacho, Iwobi, Oshoala win big

Algeria and Leicester City winger, Riyad Mahrez, has been named the African Footballer of the Year at the 2016 Glo-CAF awards held on Thursday night at the International Conference Centre, Abuja. Mahrez was not the only winner, as other Africans, some ...

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U.S. officially tags Osama Bin Laden’s son a terrorist

The United States on Thursday changed the status of Hamza bin Laden, son of late al-Qaeda leader Osama bin Laden, by identifying him as terrorist. This is as revealed by the Department of State. As a result of the designation, ...

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