The dollar inched ahead on Wednesday, as a jump in U.S. yields pushed it higher against the Japanese yen, while the kiwi briefly hit a one-month low after the central bank extended its bond-buying programme. The yield on 10-year U.S. debt, which rises when bond prices fall, made its steepest gain in two months on Tuesday ahead of the largest ever 10-year auction later on Wednesday. That triggered a wave of gold selling, which deepened in Asia, and it has pressured the yen as better returns on U.S. debt lures investment from zero-yielding Japan. The yen fell 0.24 per cent…
Author: Abdallah el-Kurebe
The total number of confirmed cases coronavirus, COVID-19, in Nigeria now stands at 47,290 as the country’s Center for Disease Control (NCDC), Tuesday night announced 423 fresh cases of the virus. The Centre, on its official twitter handle @NCDCGov, which also confirmed six deaths, said the new cases were reported from 21 states and the Federal Capital Territory (FCT), Abuja. It tweeted that of the 47,290 confirmed cases, 33,609 patients had been discharged with 956 deaths. Giving breakdown of the 423 new cases, the Centre said Lagos, which is the nation’s epicenter, recorded 117 new cases, followed…
The Presidency has emphasised that the Nigeria Military are adequately equipped to fight insurgency in the country. Special Adviser to President Muhammadu Buhari, Femi Adesina, who appeared on ChannelsTv Tuesday evening, and monitored by AsheNewsonline, also said no service chief ever complained of lack of weapons,, even in recent meetings with Buhari. He appeared on ChannelsTV shortly after Buhari and vice president Yemi Osinbajo met with Nigeria Governors Forum, and heads of security agencies at the Presidential Villa, Abuja. “Yes talking of those allegations, I hear them, I see them. I see videos. [These allegations are coming…
The African Union (AU)’s Economic, Social and Cultural Council (EU-ECOSOCC) has underscored the need for proper investment in the development of potato value-chain to boost Nigeria’s economy. Mr Lugard Okonobo, the Senior Technical Advisor of AU-ECOSOCC Nigeria, gave the advice while briefing newsmen on the partnership for the International Potato Value Chain and Root Crops Expo 2020 in Abuja on Tuesday. He said that the expo would hold from Nov. 9 to Nov 11, in Jos, Plateau. “AU-ECOSOCC involvement in this is very key since COVID-19 pandemic has affected food security globally. “AU under Dr Tunji Asaolu, 1st-Nigerian Representative of…
By Tina George, Minna The Registrar of the National Examinations Council, NECO, Professor Godswill Obiora, has announced that all examination personnel, will sign an oath of allegiance. The examinations include the Basic Education Certificate Examinations (BECE), BECE re-sit, National Common Entrance Examinations (NCEE) and the Senior Secondary Certificate Examination (SSCE) internal. The Registrar stated this while briefing Journalists at the Council Headquarters in Minna. According to him, “the oath of allegiance is among the special measures taken to ensure appropriate standards and excellence before, during and after the examinations.” He added that other measures include the installation and use of…
President Muhammadu Buhari is currently in a virtual meeting with members of the Governors Forum’s Security Committee, headed by Gov. Yahaya Bello of Kogi over security developments in some parts of the country. The meeting is being attended by Vice-President Yemi Osinbajo; Secretary to the Government of the Federation, Boss Mustapha and Chief of Staff to the President, Prof. Ibrahim Gambari. Others in attendance include Inspector-General of Police, Muhammed Adamu; The Chief of Defence Staff, Gen. Gabriel Olonisakin and Chief of Naval Staff, Vice Admiral Ibok Ekwe Ibas, while Chief of Army Staff, Lt.-Gen. Tukur Buratai was represented…
By Tina George, Minna A non-governmental organization (NGO), International Centre for Reproductive Sexual Rights (INCRESE), has distributed COVID-19 palliatives to 50 persons living with disabilities in Niger state. The palliatives were shared to youths between 10 to 19 years, who are suffering from leprosy, blindness, spinal cord and other disabilities in Chanchaga, Bosso and Shiroro local government areas. INCRESE Executive Director, Cesnabmihilo Dorothy Nuhu, during the sensitization on COVID-19, said the items are worth $5,000, adding that it was aimed at cushioning the impact of COVID-19 on the vulnerable groups. According to her, each beneficiary went…
President Vladimir Putin of Russia, said on Tuesday that the country is the first in the world, to grant regulatory approval to a COVID-19 vaccine, after less than two months of human testing, a move hailed by Moscow as evidence of its scientific prowess. The development paves the way for the mass inoculation of the Russian population, even as the final stage of clinical trials to test safety and efficacy continue. The speed at which Russia is moving to roll out its vaccine highlights its determination to win the global race for an effective product, but has stirred…
The Muslim Rights Concern (MURIC), on Tuesday said it has no link with any terrorist group in or outside Nigeria. The director of the organisation, Prof. Ishaq Akintola, said in a statement in Lagos, that the group has discipline and would never be affiliated with any terrorist group. “Our attention has been drawn to a rumour that MURIC received 200,000 dollars from Islamic State for West Africa Province (ISWAP). “It is a wicked concoction from the pit of Jahannam. We declare clearly, categorically that we have never had any contact with ISWAP or any other terrorist group. “We remain committed…
A shooting outside the White House fence on Monday evening prompted security agents to suddenly usher U.S. President Donald Trump out of the briefing room. Trump was minutes into his daily news conference when the shooting began and Secret Service agents were seen escorting him out of the room. He returned several minutes later and said law enforcement officers had shot a suspect who he said had been armed. “It was a shooting outside of the White House. Law enforcement shot someone, seems to be the suspect and the suspect is now on the way to the hospital. “It seems…