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Business Economy Foreign News Uncategorized

Cote d’Ivoire to raise cocoa farmgate price by 50%

Cote d’Ivoire’s President Alassane Ouattara will increase the official cocoa farmgate price to 1,500 CFA francs ($2.47) per kilogramme from next Tuesday from the current 1,000 CFA, sources at five different export companies said. The sources, who requested anonymity, said they were citing a decision at a government meeting on Saturday. Earlier, Ouattara had validated […]

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Economy Local

Lagos Island residents troop out for cheap food market

By Our Correspondent Lagos Island residents, on Sunday, trooped out en mass to buy food items at the Food Market Hub facilitated by Mrs Omolara Oyekan-Olumegbon, a lawmaker representing Lagos Island Constituency I in the State House of Assembly. TheNewsZenith reports that Oyekan-Olumegbon organised the market hub, tagged “Senator Oluremi Tinubu Food Bank” at the […]

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Religious Corner Security

Ramadan: Foundation, Armed Forces preach religious harmony

From Our Correspondent Ashraaf Islamic Foundation and the Nigerian Armed Forces have called on Nigerian Muslims to always seek ways to balance religious rites, public safety and national security. They made the call during the seventh Annual Ramadan Lecture and Prayers for the Nation, on Saturday, in Abuja. TheNewsZenith reports that the theme of the […]

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Foreign News

Zelensky ousts key staffers as Ukraine-Russia war continues

Ukrainian President Volodymyr Zelensky continued to clean house on Saturday even as Russia bombarded the nation, carrying out 75 airstrikes in just 24 hours. Zelensky ousted two key staffers — his top aide, Serhiy Shefir, and the Commissioner for Soldiers’ Rights, Alyona Verbytska. He also removed four other government workers. Zelensky did not offer reasons […]

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Law / Crime Security

Ughelli killings: Police arrest 8 suspects 

ADVERTISEMENTFrom Abdulfatah Babatunde  The Nigeria Police Force says it made significant progress in its investigation into the tragic ambush and killing of six policemen on Feb. 26. To this end, the Police have arrested eight suspects in connection with the brutal ambush attack. ACP Olumuyiwa Adejobi, Force PRO, announced this in a statement emailed to […]

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Foreign News

45 die in South Africa bus crash

A total of 45 people died in a bus crash that occurred on Thursday in South Africa’s northeastern province of Limpopo, the country’s Department of Transport said. The crash, which involved a passenger bus allegedly transporting people from Botswana to Moria, a town in Limpopo, the department said in a statement late Thursday. An 8-year-old […]

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Banking & Finance Economy

CBN sets minimum capital base for banks

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 […]

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Foreign News

3 policemen die in Ghana car crash

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 […]

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Economy Foreign News Oil & Gas

Oil prices advance as investors reassess US inventories data

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 […]

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Health National

FG to enhance training for teaching hospitals personnel

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. […]

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