By Akinsuroju Olubunmi Naira plummets to N1089/$ on official I&E window The naira witnessed a significant decline, reaching N1089.51/$ on the official Investor and Exporter (I&E) window, marking a 27.19% drop from Monday’s closing rate of N856.57/$, according to data from the FMDQ Securities Exchange. Trading on Tuesday saw the naira open at N922.22/$, […]
Bitcoin. Image: GETTY IMAGES Cryptocurrency fluctuates as X account gets ‘compromised’. Bitcoin rose temporarily on Tuesday after a post on the US markets regulator’s X account (previously Twitter) stated it had approved new bitcoin exchange-traded funds (ETFs). Later, the Securities and Exchange Commission (SEC) erased the tweet and stated that its account had been […]
By Akinsuroju Olubunmi EFCC interrogates CEOs of Zenith, Jaiz, and Providus Banks in financial irregularities probe. The Economic and Financial Crimes Commission (EFCC) engaged in questioning the chief executive officers (CEOs) of Zenith, Jaiz, and Providus banks on Tuesday over alleged financial irregularities linked to the Ministry of Humanitarian Affairs and Poverty Alleviation. A reliable […]
plane door blow-out Image: NATIONAL TRANSPORATION SAFETY BOARD Plane door blow-out Boeing admits mistake. Boeing’s CEO has conceded the plane maker was at fault after one of its planes experienced a door blow-out shortly after take-off in the United States. On Friday, an unused cabin door detached from an Alaska Airlines flight from Portland, […]
Pastor Enoch Adeboye. Image: PUNCH.COM Preventing non-members from preaching in parishes is justified by the RCCG. The Redeemed Christian Church of God, under the leadership of Pastor Enoch Adeboye, has provided an explanation for the decision to forbid outsiders from preaching in any of its parishes. The Special Assistant to the General Overseer on […]
Dangote Refinery. Image : PUNCH.COM Dangote Petroleum Refinery will beginning operations soon. On Monday, the Dangote Petroleum Refinery declared that it was ready to start producing refined petroleum products after receiving the sixth shipment of the one million barrels of crude oil needed for the plant’s beginning operations. The company said in a statement on […]
iPhones. Image: GETTY IMAGES Apple settles lawsuits alleging that it purposefully slowed down iPhones. In response to allegations that it purposefully slowed down some iPhone models in the US, Apple has started paying settlements in a protracted class action case. The $500 million (£394 million) settlement will be divided among the complainants, amounting to […]
Farmers in Germany. Image: GETTY IMAGES Tractor-wielding German farmers obstruct Berlin in protest of subsidies. With more than 500 tractors and trucks parked up beside Berlin’s Brandenburg Gate, farmers in Germany are blocking roadways in protest at the reduction of subsidies. Blockages have also reportedly been recorded in Bavaria, Saxony, North Rhine-Westphalia, and Baden-Württemberg. The […]
China has announced sanctions.Image: GETTY IMAGES China penalises five US defence companies for selling weapons to Taiwan. Five Western defence companies have been subject to penalties by China as a result of the most recent round of US arms sales to Taiwan. The declaration is made just before Taiwan’s scheduled presidential and legislative elections […]
Police say the reptiles had an estimated street value of A$1.2m (£633,000; $805,000). Image: NSW POLICE Police in Australia confiscated hundreds of lizards. Authorities claim to have “dismantled” a criminal organisation that had planned to transport hundreds of native lizards from Australia to Hong Kong illegally. New South Wales Police estimated the market worth […]