Naira for the second day in a row fell against the U.S. dollar at the official market Wednesday, but managed a rebound at the parallel market, a day after hitting its lowest black-market rate in at least four years. Data on the FMDQ Security Exchange where forex is officially traded showed that the naira closed at N412.00 per $1 at the Nafex window. The local currency performance on Wednesday represents a N0.25 or 0.06 per cent decrease from N411.75 the rate it traded in the previous session on Tuesday. The trading session on Wednesday witnessed a forex turnover of $131.86 million, this translates to a 23.44 per cent depreciation from $172.24 million posted in the previous session on Tuesday. The domestic currency experienced an intraday low of N420.97 and a high of N400.00 before closing ...
A pastor in Akwa Ibom State, Nigeria’s South-south, has been detained by the police for allegedly killing his wife. The incident happened at a village called Ikot Ataku, Okon, in Eket Local Government Area. The pastor has been identified as Chris Enoch, the founder of Omega Word Global Ministries. He is from Ebonyi State, Nigeria’s South-east. The youth president of Okon Clan, Effiong Johnson told newsmen, Wednesday night, that Mr Enoch killed the wife, Patient, seven days ago and buried her corpse in the shallow grave inside their gated compound where they have been living with their five children. The eldest child is 15 years old. Mr Enoch’s church has been operating inside the same compound which is rented. The community became suspicious when the pastor’s children complained to neighbo...
Senegal is set to be partly powered by liquefied natural gas for the first time with the arrival at the capital, Dakar, on Wednesday of a floating gas facility from Singapore, the West African nation’s state power company, Senelec, said. The floating storage regasification unit (FSRU) is the result of a joint venture between Japanese shipping company Mitsui OSK Lines Ltd (MOL) and Turkey’s Karpowership, which supplies power from its fleet of ships mainly to eight African nations. Once up and running, the unit will supply LNG to a Karpowership vessel, which covers around 15% of Senegalese supply and has until now run on oil like most of the country’s power plants. “This project aims to provide reliable, affordable and cleaner power,” Senelec said. It did not say when the FSRU would be opera...
British lawyer Karim Asad Ahmad Khan has been sworn in as the new chief prosecutor of the International Criminal Court in The Hague. He will perform his duties “honourably, faithfully, impartially and conscientiously,’’ Khan promised before the judges in The Hague on Wednesday. The representatives of the court’s 123 state parties had elected Khan in February. The 51-year-old succeeds Fatou Bensouda, 60, who must step down after nine years under the court’s rules. Khan wants to significantly improve the performance of the prosecution. Proceedings must become more effective and trials before the court more successful, he said in a brief statement. According to him, the criminal court is a sign of hope for justice. “It is an awful testament of the horror of mankind in this 21 century, as we s...
Andre Onana leaving Ajax and joining Arsenal would be “a good move” for the Cameroon international, according to former Nigeria U23 coach Imama Amapakabo. The Gunners have held discussions with the 25-year-old’s representatives, albeit, they have yet to decide whether they will step up their chase of the goalkeeper. Arsenal was on the lookout for a keeper following the departure of Emiliano Martinez in September 2020 and the underwhelming form of summer recruit Alex Runarsson. Despite technical director Edu and Mikel Arteta being big admirers of Onana, financial issues prevented the North London outfit from making a firm offer, instead they opted to sign Mat Ryan on loan from Brighton & Hove Albion. Amapakabo – who was a goalkeeper during his active career – and was part of the Nigeria...
File Photo The Chairman of the Peoples Democratic Party (PDP) in Anambra, Ndubuisi Nwobu, said the party remains focused to take over the state in the upcoming governorship poll. Nwobu said this in an interview with newsmen in Awka on Tuesday, adding that he would not be distracted by those trying to destabilise the party in the state. He lauded the National Executive Committee of the party for organising successful ward congresses in the state which he said was a sure step to the party’s free, fair and credible primary election. “We want to conduct our primary election, where party people will freely vote and produce a candidate that will be acceptable to Anambra people at the November 6 poll. “This is not (the) time for distractions. We are focused on taking over the government from the ...
Former BBNaija housemate, Omashola, has narrated how he fought two suspected gunmen who tried to rob him some weeks back. In an Instagram post on Monday, the reality TV star stated that the incident happened when he was about driving home after attending an event. Omashola, who is also a model, stated that in the process, the two men had stopped him abruptly and tried to take away his valuables. According to him, sensing that he was seemingly helpless, he mustered the courage to engage his attackers in a fight. Although, the reality TV star did not disclose how it ended, he stated that his phone got damaged during the face-off. He further disclosed that he regretted his decision at the time because one of the two men was holding a gun. He wrote: “Weeks back I was about to enter my car and ...