The naira yesterday depreciated N765.13 per dollar in the Investors and Exporters (I&E) window. Data from FMDQ showed that the indicative exchange rate for the window rose to N765.13 per dollar from N763.17 per dollar on Wednesday, indicating N1.96 depreciation for the naira. Similarly, the naira depreciated by N14 in the parallel market yesterday. Vanguard…
The American owners of English Premier League giants Chelsea on Thursday sealed a deal to take control of French Ligue 1 outfit Strasbourg, the consortium announced. “This agreement marks a new chapter in the history of Strasbourg as the consortium is committed to accelerating sustainable investments in the growth of the club,” the BlueCo consortium…
Enormous crowds of worshippers thronged Mecca, Islam’s holiest city, on Friday for the biggest hajj pilgrimage in years, with more than two million expected to brave the scorching Saudi Arabian heat. Pilgrims in white robes and sandals packed the ancient city, now dotted with luxury hotels and air-conditioned shopping malls, after flooding in on planes,…
Republicans voted Thursday to kickstart the formalities that could lead to Joe Biden’s impeachment, as far-right lawmakers sought to seize the party’s agenda and escalate a bitter standoff with the US president. The Republican-controlled House of Representatives voted along party lines to refer a resolution that accuses the 80-year-old Democrat of “abuse of power” and…
Nigeria has been ranked 20th in the global index rating of countries with the highest rates of smartphone addiction. China, Saudi Arabia and Malaysia were in the top three, while Germany and France are at the bottom of the list. This is according to a report published by the Global Index on Thursday. According to…
Sierra Leone’s president who is running for re-election held his final rally in the capital on the Freetown’s Lumley Beach Tuesday (June 20). Julius Maada Bio held his final rally in the capital before the polls open on Saturday (June 24). Voters will also elect MPs and local councils. Julius Maada Bio is one of…
The US Coast Guard has said the missing Titanic sub has ‘imploded’ and suffered ‘catastrophic failure’. Rear Admiral John Mauger said: “This is an incredibly unforgiving environment down there on the sea floor and the debris is consistent with a catastrophic implosion of the vessel. “We will continue to work and we will continue to…
The Titanic tourist submersible that vanished on a trip to the 112-year-old shipwreck at the bottom of the Atlantic Ocean is believed to have run out of oxygen with authorities still pushing forward with the search operation, according to New York Post, OceanGate Expeditions, which operates the Titan sub and has its CEO Stockton Rush…
The United States Coast Guard on Thursday said that a “debris field” has been discovered in the Titanic wreck search area. According to BBC, the US Coast Guard said, “Experts within the unified command are evaluating the information.” Fears of the oxygen supply on the vessel running out have led rescuers to conduct a frantic…
Muslim faithful are groaning over the geometric increase in the price of rams as 2023 Id-el-Kabir draws near. This development might force the worshippers to celebrate the festival on a low key. A market survey conducted at the popular Bodija, Oranyan, Ojoo and other roadside markets in Ibadan shows the prices of ram depending on…
