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  • Social Media Has Taken Humanity Backwards, Says Soyinka

    Nobel laureate Prof. Wole Soyinka has expressed grave concern over the negative use of technology and social media, saying it is now in the hands of ignoramuses. He stated the wrong usage of technology is fast taking humanity backwards due to the use of profiling and abusive words. Soyinka, who spoke on Friday in Lagos […]
  • Centre Of Advocacy For Domestic Workers Urges Nigeria To Empower And Protect Domestic Workers As World Marks International Domestic Workers Day

    On the occasion of this year’s International Domestic Workers Day, the Centre of Advocacy for Domestic Workers (CADW) expressed its support for domestic workers worldwide and highlighted the need for their rights and well-being to be recognized and protected. CADW called upon the Nigerian government to ratify the Domestic Workers Convention (C189) and emphasized the […]
  • Sultan, Okoh: Nigeria, A Secular State, No Religion is Superior

    *Say Statements That Give Impression Of Religious Dominance, Superiority In The Country Reprehensible The Nigeria Inter-Religious Council (NIREC) yesterday reiterated the constitutional secularity of the country and added that no religion is superior to the other. NIREC made the submissions in a joint statement by the co-chairmen of the body – President of the Christian […]
  • 2.5m Votes Not Reflected In Final Result — Professor Tells Tribunal In Obi’s Petition

    *AIT Broadcaster, APC Disagree Over Transmission Of Result The anchor of the Democracy Today program on AIT, Ijeoma Osamor on Friday, maintained that the Chairman of the Independent National Electoral Commission (Prof Mahmood Yakubu) did not declare that the results of the February 25 presidential elections will no longer be uploaded and transmitted in real-time. […]
  • Naira Reclaims 5.6% after Steep Devaluation

    Naira Reclaims 5.6% after Steep Devaluation The naira reclaimed about 5.6% of value lost at the Investors, Exporters’ foreign exchange (FX) market, according to data from the FMDQ Exchange platform. Across the forex market, rates have started to converge. Amidst the ongoing foreign exchange reforms, the US dollar was sold at N663.04 on Friday, appreciating […]
  • Fitch Puts Coronation Merchant Bank on Rating Watch Negative

    Fitch Puts Coronation Merchant Bank on Rating Watch Negative Coronation Merchant Bank (CMB) has been placed on rating watch negative as a decision to float the naira stokes pressures on its capital after the earnings downturn reported in the financial year 2022. According to Fitch Ratings, rapid reforms in Nigeria pose a major threat to […]
  • Zimbabwe Stops Foreign Currency Borrowing

    Zimbabwe Stops Foreign Currency Borrowing Amidst weakening local currency, Zimbabwe’s President Emmerson Mnangagwa has ordered the central bank to stop foreign currency borrowing, as the government battles to contain a plunge in the local currency ahead of a general election. Mnangagwa faces a tough bid for re-election in an Aug. 23 vote amid surging inflation […]
  • Kenya to Double VAT on Fuel

    Kenya to Double VAT on Fuel Kenya’s government has hinted about a plan to double the value-added tax on fuel to 16%, the country’s finance minister, Njuguna Ndung’u, said. Petroleum products have received preferential tax treatment, gradually transitioning from exempt status in 2013-18 to 8% from 2019, Mr. Ndung’u told parliament when presenting the 2023-24 […]