Fire guts Central Bank of Nigeria branch in Benue
The Makurdi branch of the Central Bank of Nigeria (CBN) in Benue State has been gutted by fire. The branch is situated in the Old GRA area of the Benue State capital. The fire, which reportedly started from the fuel dome of the bank, quickly became ferocious thus drawing
Aisha Buhari invites Osinbajo, Tinubu, Wike, Atiku, Peter Obi, others for ramadan dinner, warns them against coming with phones
The First Lady, Aisha Buhari, has sent out invitations to aspirants gunning for the presidency of the country in the different1 political parties to show up for a Ramadan dinner with her on Saturday, April 23. According to the invitation card, the presidential aspirants are expected to present their
Mariupol steelworks: ‘Block it so a fly can’t pass,’ Putin orders
Russian President Vladimir Putin has ordered his troops to seal off Ukrainian defenders inside the besieged port city of Mariupol. Mr Putin told forces to abandon plans to storm the sprawling Azovstal steel works there, where Ukraine is still resisting the invaders. But a leader of the controversial Azov battalion
Net foreign exchange inflow falls 27% to $52.46bn
Net foreign exchange (forex) inflow into the economy fell by 27 per cent, Year-One year, to $52.46 billion in 2021 from $70.66 billion in 2020. Reportdailys analysis of the fourth quarter 2021 (Q4’21) statistical bulletin of the Central Bank of Nigeria, CBN, showed that forex inflow into the economy dropped
Inflation: Central Banks should raise interest rates — IMF
The International Monetary Fund (IMF), has called on Central banks across the globe to raise interest rates, in order to halt the escalating inflationary trends. IMF Director of Monetary and Capital Markets, Tobias Adrian, made this call at a press briefing on the latest Global Financial Stability Report, in Washington
Power sector recovery back on track — FG
THE Federal Government said, yesterday, that the effort to improve power supply across the country was back on track, after about two months of challenges that led to the collapse of the national grid thrice within a month. The government said it expected the grid to deliver a minimum of
Children among victims of blast at entrance of school in Kabul, Afghanistan
School children were among those killed and injured in another series of deadly blasts in Afghanistan’s capital city, Kabul, Tuesday morning. At least six people were killed and over ten injured, Khalid Zadran, acting spokesman of the Taliban Kabul police wrote on Twitter, adding that security forces were on the
US unveils new round of sanctions against Russia
The United States Treasury, on Wednesday, announced a new round of sanctions against Russia, singling out individuals and entities involved in attempts to evade previous sanctions imposed by the U.S. and its allies. “Today, the U.S. is targeting Russian financial and operational support networks that attempt to evade international sanctions,’’
Nigerian Newspapers: 10 things you need to know this Thursday morning
Good morning! Here is today’s summary from Nigerian Newspapers. Inspector-General of Police, Usman Baba has assured the public that the security agency was making progress in the probe of famous gospel musician, Osinachi Nwachukwu’s death. At a meeting with Minister of Women Affairs, Pauline Tallen at his office in Abuja
Stocks making the biggest moves midday: Netflix, M&T Bank, Baker Hughes, IBM & more
Netflix — Shares of the streaming giant sank 35% after Netflix reported a loss of 200,000 subscribers in the most recent quarter. Netflix cited increasing competition, password sharing and the situation in Ukraine among the reasons for the dip. The news led to a wave of downgrades from major Wall