Day: September 12, 2023
Naira gains 4.1% on dollars to exchange at ₦742 per $1 on Tuesday
September 12, 2023The naira sold for as low as ₦738 to the dollar within the day’s trading. The naira on Tuesday appreciated against the dollar as it exchanged at ₦742.10 at the Investors and Exporters window. The local currency gained by 4.06% compared to the ₦773.50 it exchanged for against the dollar on Monday. The open indicative […]
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10,000 people missing after devastating floods hit Libya
September 12, 2023Hundreds of people have already been buried in the particularly hard-hit city of Derna. About 10,000 people are missing after the devastating flooding in Libya, said the head of the Libya office of the International Federation of Red Cross and Red Crescent Societies. Tamer Ramadan made the comment at a UN press conference in Geneva […]
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Tinubu returns to Abuja after diplomatic visits to India, UAE
September 12, 2023The summit served as a platform for extensive discussions on vital topics, including the global economy, climate change, and international security. President Bola Tinubu has returned to the nation’s capital, Abuja, following a successful week-long working visit to India and the United Arab Emirates (UAE). The President’s visit to India was primarily focused on participating […]
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Toyin Saraki nominated as panelist for 2023 Terra Carta Seal Award
September 12, 2023The Terra Carta Seal, launched in 2021 at COP26 by His Majesty King Charles III, recognises global companies making efforts to create a climate-positive future. Toyin Saraki, the Founder of the Wellbeing Foundation Africa, has been nominated as a member of the 2023 Sustainable Markets Initiative Terra Carta Seal Award Expert Review Panel. The announcement […]
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FTSE downgrades Nigerian Stock Exchange as FX instability continues
September 12, 2023The downgrade will possibly affect Nigeria’s image on the international investment landscape. Global financial organisation, FTSE Russells has cited Nigeria’s foreign exchange challenges as its reason for downgrading the Nigerian Stock Exchange (NGX) from “Frontline” to “Unclassified Market.” FTSE Russells said the downgrade of the NGX will take effect by September 18, 2023, a move […]
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Aiyedatiwa reacts as Akeredolu sacks deputy’s media aides
September 12, 2023Following Governor Rotimi Akeredolu’s unexpected decision to terminate the media aides serving Deputy Governor Lucky Aiyedatiwa’s office in Ondo State, the deputy governor has promptly reacted to the move, refuting any speculations of a disagreement between him and Governor Akeredolu. Governor Akeredolu’s announcement to disband the media crew assigned to the deputy governor’s office was […]
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74% of Nigerian men confirmed as biological fathers between 2022, 2023
September 12, 2023The study also delved into the reasons behind DNA testing requests. A staggering 89.10% of tests were conducted for ‘Peace of Mind.‘ Smart DNA, a renowned DNA testing center located in Lagos, Nigeria, has unveiled a comprehensive analysis of DNA tests conducted between July 1, 2022, and June 30, 2023. The report, released on Tuesday, […]
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‘Farmers are back to farm,’ Tinubu, Ribadu receive praise for boosting security
September 12, 2023They attributed the noticeable improvements in the harmonious working relationship between security agencies since President Tinubu assumed office. The Coalition for Peace, a prominent Non-Governmental Organisation (NGO), has extended its commendation to President Bola Tinubu and his National Security Adviser (NSA), Nuhu Ribadu, for their dedicated efforts in significantly enhancing security measures across the nation. […]
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MTN dominates Anambra telecom market with 50% share
September 12, 2023MTN Nigeria Communication PLC disclosed that it commands over 50% of the state’s subscriber base. On September 12, 2023, at the Anambra Investment Summit, MTN Nigeria Communication PLC revealed its stronghold in Anambra state, boasting a dominant position with over 50% of the subscriber base. With 7,000 agents and 300 merchants, the telecommunication giant also […]
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Zimbabwe’s President Mnangagwa appoints son, nephew as ministers
September 12, 2023Zimbabwe’s President builds a family tree within his cabinet. President Emmerson Mnangagwa of Zimbabwe has appointed his son, David Kudakwashe Mnangagwa, as the deputy finance minister. This decision was made as part of the formation of a new cabinet following President Mnangagwa’s re-election. David Mnangagwa will be serving as the deputy to Finance Minister Mthuli […]
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