(AFRICAN EXAMINER) – Inflation-battered Argentina on Tuesday introduced a 10,000-peso banknote, worth the equivalent of about $11 — five times the face value of the previous biggest 2,000-peso bill. The new note, which will allow people to carry around fewer bills, will be available at banks and ATMs from Tuesday, the South American country’s central […]
(AFRICAN EXAMINER) – President Bola Tinubu is expected to return to the country tomorrow, the Special Adviser on Information and Strategy, Bayo Onanuga said on Tuesday. Concerns over Tinubu’s whereabouts have been growing as he is yet to return to the country after travelling to Saudi Arabia for a World Economic Forum in Riyadh from […]
(AFRICAN EXAMINER) – The Naira on Tuesday depreciated at the official market, trading at N1,416.57 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the Naira lost N62.36. This represents a 4.60 per cent loss when compared to […]
(AFRICAN EXAMINER) – ) Togolese President, Faure Gnassingbe, has promulgated the constitutional amendment, formally switching Togo from a presidential to a parliamentary system, said a presidency statement. Gnassingbe promulgated law number 2024-005 revising the Togolese Constitution, “marking a new stage in institutional life,” said the statement issued by the Togolese presidency. On April 19, Togo’s […]
(AFRICAN EXAMINER) – ) Veteran Nollywood actor, Jide Kosoko, on Tuesday mourned Elizabeth Evoeme, popularly known as Ovularia in the 1980s TV sitcom, ‘The New Masquerade’, who died at the age of 81. Kosoko, in an interview with the News Agency of Nigeria (NAN) in Lagos, described the late actress as a disciplined woman who […]
(AFRICAN EXAMINER) – ) Borussia Dortmund will play the Champions League final for the fist time in 11 years after they defeated Paris Saint-Germain 1-0 in France on Tuesday. PSG hit the woodwork four times, while Dortmund needed only Mats Hummels’ header in the 50th minute to seal their spot in the final at London’s […]
(AFRICAN EXAMINER) – President Bola Tinubu has condoled with the National Security Adviser (NSA), Mallam Nuhu Ribadu, over the passing of his brother, Salihu Ahmadu Ribadu, who died on Sunday in Yola, Adamawa State. This was contained in a statement issued and signed by Presidential Spokesman, Chief Ajuri Ngelale The President was represented by his […]
(AFRICAN EXAMINER) – Benue State Government has decided to begin production of beer brands to stop capital flight to other states. The Managing Director of Benue Investment and Property Company, Dr Raymond Asemakaha, made this known to journalists on Tuesday. According to Asemakaha, the beer’s name will be revealed in its launch in December. Asemakaha, […]
(AFRICAN EXAMINER) – The decision by the Central Bank of Nigeria to introduce a 0.5 per cent cybersecurity levy to be charged on all bank transactions has sparked reactions on social media. The African Examiner writes that the Central Bank of Nigeria on Monday, issued a circular to all commercial, merchant, non-interest, and payment service […]
(AFRICAN EXAMINER) – As the nationwide supply and distribution of Premium Motor Spirit (PMS), also known as petrol, continues to improve, the Nigerian National Petroleum Company (NNPC) Limited has once again called on motorists to shun panic buying of the product. In filling stations monitored across several states, including Lagos and the FCT, the queues […]
(AFRICAN EXAMINER) – Erik ten Hag took responsibility for Manchester United’s miserable showing in a 4-0 thrashing by Crystal Palace on Monday but said he is still the right man to turn the club’s fortunes around. Palace completed a first-ever league double over United in style as Michael Olise scored twice, while Jean-Philippe Mateta and […]
(AFRICAN EXAMINER) – Russian President Vladimir Putin was Tuesday sworn into office at a lavish Kremlin ceremony for a record-breaking fifth term with more power than ever before. The 71-year-old has ruled Russia since the turn of the century, securing a fresh six-year mandate in March after winning presidential elections devoid of all opposition.
(AFRICAN EXAMINER) – The Central Bank Of Nigeria (CBN), has issued a seven-day deadline for Point of Sales operators, to complete registration with the Corporate Affairs Corporation (CAC). This was revealed during a meeting between Fintechs and the Registrar-General/Chief Executive Officer, CAC, Hussaini Magaji (SAN) in Abuja on Tuesday. Speaking at the event, the CAC […]
(AFRICAN EXAMINER) – The UN General Assembly on Monday debated Russia’s veto in the Security Council, which blocked a draft resolution aimed at preventing a new extraterrestrial arms race. Due to the negative Russian vote, the Security Council failed to adopt last month’s text, which received 13 votes in favour, with China abstaining. The draft […]
(AFRICAN EXAMINER) – Mr Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), says the quickest way toward economic recovery for Nigeria is through oil and gas investment. Lokpobiri disclosed this in an interview with newsmen on the sideline of the ongoing 2024 Offshore Technology Conference (OTC) in Houston, Texas, on Monday. The minister said […]
(AFRICAN EXAMINER) – The Enugu Electricity Distribution Company (EEDC) has reduced electricity tariff for their customers in the Band A feeders throughout the South-East. The reduction is sequel to the directive of the National Electricity Regulatory Commission (NERC), that all the 11 Discos should now charge N206.80/kWh and no longer N225/Kwh for customers in Band […]
(AFRICAN EXAMINER) – In a move to transform Kano into a mega city, and alleviate traffic congestion, Governor Abba Yusuf, has laid the foundation for a ₦15bn three-layer interchange bridge at Kofar Dan’agundi. During his visit to the project site on Sunday, Governor Yusuf, accompanied by key cabinet members, reiterated his administration’s commitment to revolutionising […]
(AFRICAN EXAMINER) – Chadians began voting for a president on Monday in an election purportedly aimed at ending military rule but dismissed by opponents of junta leader Mahamat Idriss Deby as a fix following violent repression. Voters will choose whether to extend decades of Deby family rule in one of the world’s poorest countries, a […]
(AFRICAN EXAMINER) – The Ikeja Electricity Distribution Company has reduced the electricity tariff payable by its Band A customers to N206.80 per kilowatt-hour from the N225/kWh approved by the Nigerian Electricity Regulatory Commission (NERC). According to the notice, the downward tariff review of the Band A customers would take effect from Monday, May 6, 2024. […]
(AFRICAN EXAMINER) – The Nigerian Electricity Regulatory Commission (NERC) has ordered a department within the Transmission Company of Nigeria, the System Operator (SO), to cap power supply to cross-border customers in the Benin Republic, Niger, and Togo to six per cent. NERC’s order, published on Friday, May 3rd was dated April 29, 2024, and effective […]
