A 5.7-magnitude earthquake rocked Hualien County in Taiwan at 6:50 p.m. on Monday, April 22, as reported by the China Earthquake Networks Center (CENC). The epicenter was pinpointed at 23.76 degrees north latitude and 121.51 degrees east longitude, with the quake occurring at a depth of 10 km, according to the CENC’s findings. Prior to…
Super Falcons sensation, Chiamaka Nnadozie, has earned a nomination for the esteemed Goalkeeper of the Season award in the French D1 Arkema, the premier women’s league in France. This marks Nnadozie’s second consecutive nomination for this prestigious individual honor, a testament to her remarkable talent and prowess as one of the finest goalkeepers in the…
Data from the FMDQ securities exchange revealed that on Monday, April 22, the value of the naira depreciated against the United States dollar to N1,234 at the official foreign exchange market. This exchange rate signifies a decline of N65 or 5.26 percent from the rate of N1,169.99/$1 recorded on Friday, April 19. Earlier in the…
Amid persistent blackouts, the Federal Government has announced plans to divest its ownership of the five electricity Distribution Companies (DisCos). Minister of Power, Adebayo Adelabu, made the declaration on Monday, April 22, citing the lack of technical capacity among banks and the Asset Management Company (AMCON), which have been managing these DisCos due to their…
Foreign portfolio investment (FPI) inflows into Nigeria’s stock market surged by 167.8 percent Year-on-Year (YoY) to N118.92 billion in February 2024 from N44.52 billion in the same period of 2023. This increase was fueled by enhanced liquidity in the foreign exchange (FX) market, following reforms by the Central Bank of Nigeria (CBN). According to the…
Rewrite Armed men have abducted John Udochukwu Elekwachi, a final-year student of Combined Social Sciences at the University of Nigeria, Nsukka. It was gathered that Elekwachi, a campus blogger, was picked up by some yet-to-be-identified armed men last Monday at his lodge in the middle of the night a few days after he completed…
Minister of Finance and coordinating minister of the economy, Wale Edun, has revealed that Nigeria has successfully obtained a $2.25 billion loan from the World Bank, featuring a remarkably low interest rate of 1%. Addressing attendees at the annual meetings of the International Monetary Fund (IMF) and World Bank Group on April 20, Edun announced…
An awaiting trial inmate, Saliu Akande, who was charged with rape, has been released by the Chief Judge (CJ) of Edo State, Justice Daniel Okungbowa. Akande had spent four years at the Auchi Medium Security Correctional Centre without a case file. Justice Okungbowa visited the prison to alleviate congestion and expedite the trial process for…
An individual named Anosikwa Patrick tragically lost his life after being stabbed by a police officer at a shopping mall in the Ajah area of Lagos State. The incident occurred on Saturday, April 20, 2024. SP Benjamin Hundeyin, spokesperson of the Lagos State Police Command, confirmed the incident in a statement on Sunday. He identified…
Super Falcons defender, Ashleigh Plumptre, has successfully undergone surgery in Saudi Arabia. Plumptre sustained the injury while playing for Saudi club, Al Ittihad, last month, causing her to miss Nigeria’s 2024 Olympic Games qualifier against the Banyana Banyana of South Africa. Taking to her social media account on Sunday night, April 21, Plumptre announced the…
