All Posts
Disasters Environment

5 die in pipeline explosion in Imo

From Our Correspondent No fewer than five vandals died in an explosion that rocked the Obitti Community, on Tuesday, in the Ohaji/Egbema Local Government Area (LGA) of Imo State. An anonymous source told newsmen that the vandals had stormed the Obitti Rubber Estate with an articulated vehicle and dug through to an oil pipeline that […]

Read More
General

Nollywood “Mami Wata” nominated for NAACP Image Awards in US

Nollywood film, “Mami Wata”, has been nominated for the prestigious National Association for the Advancement of Colored People(NAACP) Image Awards in the United States. The film written and directed by  C.J. Obasi, was nominated for the Outstanding International Motion Picture category of the 55th Edition of the Annual Awards slated for Saturday, March 16. TheNewsZenith […]

Read More
Banking & Finance Economy

CBN caps FX position for banks, dollar bonds drop

The Central Bank of Nigeria, on Wednesday, announced limits on how much banks can hold in foreign currencies and expressed concern about the growing forex exposures on their balance sheets after the local currency tumbled against the U.S. dollar. Nigeria’s currency fell to a record low on the official market on Tuesday, slipping below the unofficial […]

Read More
Foreign News

EU’s top diplomat says Russian influence causing dilemma in Sahel

The European Union is facing a dilemma over its remaining presence in Mali and the wider West African Sahel region since it does not want to cooperate with Russia’s expanding military forces, its top diplomat said on Wednesday. The decision by junta-led Mali, Burkina Faso and Niger to withdraw from the West African bloc ECOWAS has […]

Read More
Foreign News

Disguised Israeli soldiers kill 3 Palestinians in W/Bank hospital

Israeli forces disguised as civilian women and medics stormed, a hospital on Tuesday in the occupied West Bank, killing three Palestinian in a dramatic raid that underscored how deadly violence has spilt into the territory from the war in Gaza. Prime Minister Benjamin Netanyahu meanwhile ruled out a military withdrawal from Gaza or the release of […]

Read More
Foreign News

Judiciary refuses British nurse permission to appeal conviction

re British nurse, Lucy Letby, found guilty of murdering seven babies and trying to kill six others, has been denied initial permission to appeal her conviction, a judicial spokesperson said on Tuesday. Court found Letby guilty, last year, of killing five baby boys and two girls at the neonatal unit of Countess of Chester Hospital […]

Read More
General

CBN, FAAN: Stop politicising government policies – Group

From Our Correspondent A socio-cultural organisation, Yoruba Welfare Group (YWG), has urged Nigerians to stop politicising administrative policies and heating the polity by playing on primordial sentiments. YWG President, Comrade Abdulhakeem Alawuje, said in a statement, on Tuesday, in Abuja. Alawuje pointed out that at this critical time in Nigeria, all hands should be on […]

Read More
Religious Corner

Pope says Africans are ‘special case’ when it comes to LGBT

Pope Francis said on Monday that Africans were a “special case” in the opposition of bishops and many other people in the continent to homosexuality. But he said, in an interview that he was confident that, except for Africans, critics of his decision to allow blessings for same-sex couples would eventually understand it. Blessings were allowed […]

Read More
Uncategorized

CBN releases $500m to clear more verified Forex liabilities

The Central Bank of Nigeria (CBN) says it has released 500 million dollars to various sectors in its determination to address the backlog of verified foreign exchange transactions. Mrs Hakama Sidi-Ali, CBN’s Acting Director, Corporate Communications Department, said this in a a statement on Monday in Abuja. According to Sidi-Ali, this comes barely a week […]

Read More
Business Economy

Group urges FG to invest more in SME’s to tackle poverty

From Our Correspondent Mr Prosper Okafor, President of Crusade for Greater Nigeria on Poverty Eradication and Social Matters (CFGN), has urged the federal and state governments to invest more in Small and Medium Enterprises (SMEs). Okafor said in Abuja, on Monday, that this would improve job creation and ensure poverty alleviation at all levels. According […]

Read More