Russia set to dump US dollar for FOREX

Russia is intensifying efforts to wean its economy off the US dollar as Washington considers tough new sanctions that could deny it access to foreign debt markets and cut its banks from the greenback. President Vladimir Putin has repeatedly slammed the US currency dominance on the world’s stage but the country’s previous efforts to de-dollarise its economy have so far had little success. But with Russian business circles fearing a new round of US measures over Moscow’s alleged international aggression and Washington’s trade policies becoming ever more unpredictable, authorities have…

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Trump congratulates Pelosi

President Donald Trump called House Minority Leader Nancy Pelosi to congratulate her party on seizing control of the lower chamber in the 2018 midterm elections, her office said in a late Tuesday statement. White House press secretary Sarah Huckabee Sanders originally cast doubt on whether he would call Pelosi noting that many within her own party may not even vote for her to become the next speaker of the house. Trump, however, expressed magnanimity in the call and noted Pelosi’s call for bipartisanship. The president also tweeted earlier in the evening noting…

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President Buhari, WAEC and PDP’s toxic air

The West African Examinations Council, WAEC, Friday, said the controversy concerning President Muhammadu Buhari’s school certificate is embarrassing and felt a sense of duty to produce and deliver to him a confirmation and attestation of his results, in form of a duplicate certificate. This is a god-sent, with WAEC being a non-political entity. This should put to rest the absurd allegations by the People’s Democratic Party, PDP, brought up again and again, that he did not attend a secondary school. The unreasonable position of the PDP had been sustained all…

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Boxer dies after knockout in WBC title match

An Italian boxer, Christian Daghio, has died after he was knocked unconscious during a fight in Thailand. The 49-year-old, who had won seven world titles during his career, was knocked out twice in the final round of his WBC Asia title fight against Don Parueang last month, reports Metro UK. After his second knockdown, Daghio was immediately treated by medical staff inside the ring but didn’t get up. He was subsequently taken to hospital in Bangkok where he spent two days in a coma before he died. “He died as…

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Muhammadu Buhari approves N30,000 minimum wage

President Muhammadu Buhari on Tuesday approved N30,000 as the new national minimum wage. He said this while receiving the report of the Tripartite Committee on the Review of National Minimum Wage at the Presidential Villa, Abuja. The report was submitted by the committee’s chairman, Amal Pepple. Buhari has also promised to send a bill to the National Assembly to effect the change from N18,000 to N30,000. Source: today.ng

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