From Our Correspondent The Central Bank of Nigeria (CBN), on Thursday, announced new minimum capital requirements for banks to enhance banks’ resilience and strengthen the country’s financial system. The Apex bank said it is pegging the minimum capital base for commercial banks with international authorisation at N500 billion ($353.32 million). It also said it will […]
Three police officers were killed in a car crash in the Ashanti Region of Ghana on Wednesday, the Ghana Police Service said in a statement. “With a heavy heart, the Ghana Police Service mourns three of our gallant officers who lost their lives in a fatal accident today at Kyekyewere along the Accra-Kumasi highway while […]
Global oil prices edged up on Thursday, recovering from two consecutive sessions of decline, as investors reassessed the latest U.S. crude oil and gasoline inventories data and returned to buying mode. Brent crude futures for May were up 29 cents, or 0.34 per cent, at $86.38 a barrel while the more actively traded June contract […]
From Our Correspondent The Federal Government has pledged to support the training of workers in its teaching hospitals and other tertiary health institutions to meet emerging challenges in healthcare delivery. Vice-President Kashim Shettima gave the assurance when he received the management of the University of Maiduguri Teaching Hospital, on Wednesday at the presidential villa, Abuja. […]
The India Government, on Wednesday, strongly objected to U.S. remarks on Delhi Chief Minister Arvind Kejriwal’s arrest. “We take strong objection to the remarks of the spokesperson of the U.S. State Department about certain legal proceedings in India,” India’s Foreign Ministry said in a statement. “In diplomacy, states are to respect the sovereignty and internal […]
By Muhammed Opeyemi A 39-year-old man, Chibuike Ajunwa, was on Wednesday, remanded in Kirikiri Correctional Centre for allegedly defiling a seven-year-old girl. The prosecutor, SP Kehinde Ajayi, told the court that Ajunwa, who lives in Igando, Lagos defiled the seven-year-old girl. Ajayi said the offence contravened the provisions of Section 27 and is punishable under […]
Hezbollah says it launched rockets at Kiryat Shmona, an Israeli border town, in response to its strikes on Lebanon’s southern al-Habbariyeh village. Those Israeli strikes killed seven people. The Israeli military and Hezbollah have been exchanging near-daily fire across the border since October. Iran-aligned Hezbollah is an ally of Hamas, the Palestinian freedom fighters. The Israeli […]
Six workers were presumed dead from a bridge that collapsed in Baltimore Harbour, on Tuesday, after a cargo ship rammed into the structure. The incident forced the closure of one of the busiest ports on the U.S. Eastern Seaboard. Rescue team suspended active search-and-rescue operations about 18 hours after the accident, U.S. Coast Guard and […]
From Our Correspondent The Minister of Education, Prof. Tahir Mamman, sought collaboration with the Swedish Government on using technology to improve early child education in the country. Mamman made the request when he received Swedish Ambassador to Nigeria, Annika Hahn-Englund, in his office, on Tuesday in Abuja. He said there were many Swedish ICT-based companies […]
From Our Correspondent Dr Abike Dabiri-Erewa, Chairman of Nigerians in Diaspora Commission (NIDCOM) has felicitated with Prof. Senayon Olaoluwa, appointed the first Director-General of the newly created Diaspora Centre of Excellence. The felicitation is contained in a statement signed by Abdur-Rahman Balogun, the Director of Media, Public Relations and Protocols Unit NiDCOM, on Monday, in […]