Author: Admin

Forex: Central bank boosts Retail SMIS with $343.06 million

Admin

The retail Secondary Market Intervention Sales (SMIS) has received a boost of $343.06 million from the Central Bank of Nigeria (CBN), following the Bank’s intervention in the Foreign Exchange market on Thursday, June 14, 2018. Figures obtained from the Bank indicate that the amount released was for requests in the agricultural, airlines, petroleum products and raw materials and machinery sectors. Confirming the figures, the Acting Director, Corporate Communications at the CBN, Isaac Okorafor, noted that the continued interventions of the Bank were in line with the assurances made by the…

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‘Dead man’ returns home alive after a year

Admin

man whose family thought he was dead after wrongly identifying a body has turned up alive. The man’s wife and her relatives mistakenly told police in Japan that the body of a man found in a river was him and officers even handed it over to them. The mix-up only came to light when the woman’s husband, who is in his 40s, returned alive to Matsudo, Chiba Prefecture, last month. It turned out the body, which was found about a year ago, was actually that of a missing Tokyo man…

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USA, Mexico, Canada to host 2026 World Cup

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In a long-anticipated vote on Wednesday, the joint bid of the United States of America (USA), Mexico and Canada defeated Morocco its only challenger, to win the hosting rights for the 2026 World Cup. The result was determined by more than 200 national soccer federations, who cast their ballots to cap FIFA’s annual Congress. “This is an incredible, and incredibly important moment for soccer in North America and beyond,” Carlos Cordeiro, the president of U.S Soccer said. The 2026 tournament will feature an expanded field of 48 teams, an increase…

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‘I would have arrested Obasanjo’ – Oshiomhole

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The former governor of Edo state, Adams Oshiomhole yesterday said he would have arrested and prosecuted former President Olusegun Obasanjo if he were President Muhammadu Buhari. This came as the former Edo State governor received more endorsements from the national leader of the party, Bola Tinubu, as well as governors elected on the platform of the party ahead of the national convention of the party. Oshiomhole, who weighed in over the faceoff between President Buhari and Obasanjo, urged Buhari to investigate and jail the former president, should he be found to…

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Apple bans developers from selling, sharing users’ contacts

Admin

Apple has quietly tightened its App Store rules to better protect users from developers who want to harvest their data or sell it to third parties. Previously, developers would ask for users’ phone contacts and sometimes then sold that data without the explicit consent of the users or their contacts, according to Bloomberg, which spotted the change. The changes to the rules, which were made last week, explicitly state that developers are banned from turning address books into a database of contacts and from selling that database. They also can’t…

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2018 World Cup: Jose Mourinho predicts four teams to qualify for semi-final

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Manchester United manager, Jose Mourinho has predicted the four teams he believes will reach the semi-finals of the 2018 World Cup in Russia. In an interview with RT Sport, Mourinho named Portugal, Brazil, Argentina and Germany as his World Cup semi-finalists. The United boss is backing his native Portugal for a productive run in Russia and believes they can beat Uruguay and France to reach the last-eight. According to Mourinho, England will reach the quarter-finals before being beaten by Brazil. The former Chelsea manager believes Argentina can beat Spain for…

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Chimamanda Adichie wins 2018 PEN Pinter Prize

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A Nigerian writer, Chimamanda Adichie, is the winner of the 2018 PEN Pinter Prize. The award, which was established in 2009 and named after Nobel Laureate, Harold Pinter, is given to writers of outstanding literary merit from Britain, Republic of Ireland and the Commonwealth. She will be presented with the award in October, where she will announce her co-winner for the International Writer of Courage award. She will be required to pick from a shortlist of international cases supported by English PEN. The recipient will be an international writer who…

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Ex-Plateau gov, Dariye, jailed 14 years for over N2bn fraud

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The High Court of the Federal Capital Territory, Gudu, Abuja, on Tuesday, sentenced a former Governor of Plateau State and serving senator, Joshua Dariye, to 14 years’ imprisonment on charges of criminal breach of trust and criminal appropriation of the state’s funds running to over N2bn. Justice Adebukola Banjoko, in a judgment which took her six and a half hours to read on Tuesday, convicted the ex-governor on 15 out the 23 counts preferred against him in July 2007. The judge, barely a fortnight ago, imposed 14 years’ jail term…

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Patrick Vieira now Nice manager

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After more than 20 years away, former Arsenal and France star Patrick Vieira, is returning to Ligue 1 to take the reins at Nice where he was unveiled as manager on Monday. “I’m very happy to return to France, which I left at the age of 19 or 20,” Vieira told a press conference. “Returning to Ligue 1 was honestly always an objective, but I wanted to do so in the best circumstances and I think that’s the case.” Vieira, 41, arrives after a stint at MLS outfit New York…

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Photos: Trump, Kim finally meet face-to-face

Admin

After months of sabre-rattling that gave way to flirtation, President Trump finally met face-to-face with Kim Jong Un at a hotel on Sentosa Island in Singapore on Tuesday morning. Hours into a working lunch, at which the two leaders discussed a deal to denuclearise North Korea, Trump and Kim took a stroll together, and the U.S. president declared “We’re going right now for a signing.” While it remained unclear what sort of document the two men would sign, Trump added that the meeting had gone “better than anybody could have…

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