On Friday, the Central Bank of Nigeria (CBN) ended all multiple foreign exchange (forex) rates in Nigeria and introduced a somewhat single exchange rate regime, apparently in a move to protect the naira from exchange rate depreciation as the COVID-19…
Hollywood producer Harvey Weinstein has tested positive for the coronavirus in prison, according to reports. The Niagara Gazette reports that the 68-year-old had been moved into isolation at Wende Correctional Facility, a maximum-security prison near Buffalo, New York, where he…
The presidential candidate of the Peoples Democratic Party in the 2019 election, Atiku Abubakar, has revealed that his son tested positive for coronavirus (COVID-19). The former vice president who shared the news via his verified Twitter handle, stated that the…
Dayo Ojo, a football player with Enyimba Football Club of Aba, has been abducted by gunmen in Ondo State. Ojo was kidnapped on Sunday alongside a friend identified as Benjamin Iluyomade of Abia Comet. SaharaReporters learnt that the two footballers…
The German government has barred public gatherings of more than two people, except for families, to help prevent the spread of the coronavirus outbreak. Speaking after meeting the leaders of Germany’s regions on Sunday afternoon, Chancellor Angela Merkel made it…
The Edo State Governor , Godwin Obaseki, and his estranged political godfather , Adams Oshiomhole, have commenced consultations to end the political rift between them . Obaseki’ s Chief of Staff , Mr Taiwo Akerele , revealed this while responding…
A 35 years old man, Habeeb Kasali, has been arrested by men of the Ogun State Police Command for allegedly killing a 32 year- old man, Bamidele Johnson, on the suspicion that the deceased was having “an affair” with his…
Dubai carrier Emirates Airline announced on Sunday it will suspend all passenger flights from March 25 amid the novel coronavirus outbreak. “Today we made the decision to temporarily suspend all passenger flights by 25 March 2020,” the airline said on…
Rangers Football Club of Enugu player, Ifeanyi George, has reportedly passed on. He and two other Rangers players were involved in an accident Sunday morning. They were on their way to Lagos from Enugu. The club’s Media Officer, Norbert Okolie,…
For countries whose economies depend on one commodity, there is never a good time for a steep fall in its price. But there can be worse times. And that’s the case for Nigeria and the plummeting oil prices. To begin…