News

Copa America: Argentina secure quarter-final spot with win over Chile

Argentina secured their place in the 2024 Copa America quarter-finals through Lautaro Martinez’s late goal, beating Chile 1-0 at MetLife Stadium in New Jersey. The defending champion dominated with 22 shots, as Julian Alvarez and Nicolas Gonzalez initially tested Chile’s Claudio Bravo. Lionel Messi’s best chance hit the post in the first half. Also Read: Messi will end his career …

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Five dead and Parliament in flames during tax protests in Kenya

At least five protesters have been killed by police in Kenya and a section of parliament has gone up in flames as demonstrations against new tax proposals intensify. An angry crowd broke through police lines to storm parliament in the capital Nairobi before setting parts of it on fire. In a speech on Tuesday evening, President William Ruto said all …

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The governors called an emergency meeting to resolve the minimum wage impasse

In a bid to resolve the impasse over a proposed new minimum wage, governors in Nigeria’s 36 states have scheduled emergency meetings for Wednesday. This development comes after the Federal Executive Council’s (FEC) decision to withdraw the minimum wage memo on Tuesday. Governors had previously rejected the federal government’s proposed minimum wage of N62,000, citing concerns that some states would …

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Naira drops N10 to hit N1,500/$1 on official window

Naira traded at N1,500/$ on the official window on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) shows that the local currency fell by N10 and traded at N1, 500.79/$1 in today’s trade. The rate is lower than N1,490.21/$1 recorded on the official market on Monday. The intra-day high and low recorded during the day were N1,507/$1, and …

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Cubana Grand Imam to use social media to promote fight against naira abuse, EFCC reveals other conditions

Going forward, Okechukwu Pascal (aka High Priest Cubana) will lead a strict and intensive sensitization or campaign against misuse of coins and banknotes issued under the CBN Act of the Central Bank of Nigeria.” He will also post bi-monthly on his various social media containing a minimum of two video clips on sensitization/campaign against naira misuse and various abuses”. This …

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Makinde reshuffles cabinet in Oyo

Oyo State Governor, Seyi Makinde, has made minor changes to the state executive council. The Special Adviser to the Governor on Media, Mr Sulaimon Olanrewaju, disclosed this in a statement on Tuesday in Ibadan. He said the Commissioner for Local Government Affairs and Chieftaincy in the state, Segun Olayiwola, had been transferred to the Ministry of Formation and Training. READ …

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Russia rejects new EU sanctions as illegal

Russia rejects the latest sanctions adopted by the European Union (EU) and considers them illegal. The EU Council earlier on Monday adopted the 14th package of economic and individual restrictive measures against Russia. According to a statement issued by the council, the measures target high-value sectors of the Russian economy, including energy, finance and trade, making it increasingly difficult to …

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