General

The Nigerian naira has weakened to N570 per dollar at the parallel market ahead of yuletide. Black market traders in Lagos who spoke to TheCable on Friday put the buying price of the dollar at N565 and the selling price at N570. This represents N10 or 1.8 percent depreciation compared to the N560 […]

The price of crude oil dipped on Friday amid surging cases of Omicron coronavirus variant, raising concerns that new restrictions may affect fuel demand.  Brent crude futures plunged by 1.61 percent to $73.41 per barrel at 4:09 pm, while U.S. West Texas Intermediate (WTI) crude futures dipped by 1.58 percent to $70.80 a […]

The United Arab Emirates (UAE) on Thursday reportedly barred Nigerian athletes from participating in the 15th FINA World Swimming Championships in Dubai. According to PUNCH, the athletes and their representatives claimed they were denied access to take part in the competition on the order of UAE authorities. The athletes also alleged that […]

President Muhammadu Buhari says he is looking forward to retiring to his farm come 2023. Buhari spoke on Friday in Istanbul, Turkey, where he marked his 79th birthday. The president, who is in Istanbul for the Turkey-Africa Partnership Summit, said he would put in his best foot forward for Nigeria until he […]

President Muhammadu Buhari says Nigeria “stands to gain” from Turkey as the country seeks to overcome its security challenges.  Buhari spoke on Friday at a bilateral meeting with President Recep Tayyip Erdoğan in Istanbul. According to a statement by Garba Shehu, presidential spokesperson, Buhari said Turkey has “practical experience” in dealing with insecurity. […]

The National Judicial Council (NJC) has recommended the appointment of 64 persons as judicial officers. Soji Oye, NJC’s spokesperson, said the council reached a decision during its 94th meeting held on December 14 and 15. He said the NJC “considered the list of candidates presented by its interview committee and at the […]

The Indigenous People of Biafra (IPOB) says Nnamdi Kanu, its leader, has not committed any crime to warrant his detention.  In a statement on Friday, Emma Powerful, IPOB spokesperson, said Kanu is fighting for the self-determination of his people, a recognised right by the United Nations Charter to which Nigeria is a signatory. […]

North Korea has banned its citizens from laughing and drinking alcohol for 11 days to mark the 10th death anniversary of Kim Jong II, the country’s former leader. Citizens are also banned from engaging in leisure activities including birthday parties, and are not show any signs of happiness while the country commemorates Jong […]

Twitter has withheld a tweet by Vice-President Yemi Osinbajo for copyright violation. On March 8, the vice-president posted a video in commemoration of International Women’s Day. Beyonce’s song ‘Run the World’ was used as the video’s audio. Quoting the tweet that same day, a Twitter user @olayknowless, had asked Beyonce to report […]