Wednesday, August 23, 2017
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    Angolans to elect dos Santos’ successor after 38 years in power

Angolans to elect dos Santos’ successor after 38 years in power

Angolans will on Wednesday cast their votes in a parliamentary election expected to usher in the ruling party’s defence minister as the first new leader of Africa’s second-biggest oil producer for 38 years.Joao Lourenco would inherit an economy mired in recession as gaping inequality, soaring inflation, and high unemployment squeeze poor Angolans who have benefited little from a decades-long oil [...]

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    Saudi apologises over maltreatment of Nigerian pilgrims

Saudi apologises over maltreatment of Nigerian pilgrims

Saudi Arabia on Monday apologised to the federal government over the maltreatment of two Nigerian pilgrims by its security agents in Medina.Mohammad Albijawi, the deputy minister of hajj and umrah, gave the apology on behalf of the Royal leaders of the Kingdom when he visited the victims at Wefada Al Zahra Hotel on Al Salam Street Markazziya, in Medina.He expressed [...]

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    Nigerian hacker ‘behind million-dollar fraud scheme’ jailed in US

Nigerian hacker ‘behind million-dollar fraud scheme’ jailed in US

Obinna Obioha, a Nigerian hacker, has been jailed for 51 months by a New York federal judge for operating a fraud scheme that swindled $6.5 million from businesses in the US and elsewhere.Obioha was arrested on October 6, 2016, after flying from Lagos, Nigeria, to JFK International Airport. He has been in custody since that time.David N. Hurd, US district judge, [...]

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    South African policemen ‘kill’ Nigerian

South African policemen ‘kill’ Nigerian

The Nigerian Union in South Africa on Thursday said Uchena Eloh had been killed by policemen in the Western Cape province of the country.Kanayo Onwumelu, chairman, Western Cape chapter of the union, told NAN that Eloh was strangled by South African policemen.Eloh is said to hail from Eziagu in Eziagu local government area of Enugu state."We want to call the [...]

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    13 killed as van ploughs into crowd in Barcelona

13 killed as van ploughs into crowd in Barcelona

At least 13 people were killed after a van ploughed into crowds in Barcelona’s Las Ramblas avenue in the city centre on Thursday.Cadena Ser, a radio station, and other media organisations said there were at least 10 dead. A police spokeswoman could not immediately confirm the number of casualties.Police said on Twitter that multiple people were dead and injured and [...]

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    UN implores US, North Korea to dial down war rhetoric

UN implores US, North Korea to dial down war rhetoric

UN Secretary-General António Guterres has called on the US and North Korea “to dial down rhetoric and dial up diplomacy” in addressing the growing tensions on the Korean Peninsula.Guterres, while speaking with the UN correspondents in New York, stressed that the solution to the crisis must be political.The UN chief reiterated that his good offices – the prestige and weight [...]

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    Trump sacks Nigerian adviser in surprise dissolution of business councils

Trump sacks Nigerian adviser in surprise dissolution of business councils

Adebayo Ogunlesi, a Nigerian businessman based in the US, is among the advisers of US President Donald Trump affected by the dissolution of two business councils.Ogunlesi, who has a majority stake in London Gatwick airport, was appointed by Trump last December to serve as a member of his strategy and policy forum.In a tweet in on Wednesday, the US president said he did [...]

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    Boko Haram insurgents must be swiftly brought to justice, says UN

Boko Haram insurgents must be swiftly brought to justice, says UN

UN Secretary-General António Guterres has condemned Tuesday's Boko Haram attacks in Borno, saying the perpetrators should be “swiftly” brought to justice.A female bomber had blown herself up at a market in Konduga, a village near Maiduguri, killing 27 persons.In a separate attack, two suicide bombers blew themselves up at the gates of an internally displaced person (IDP) camp, injuring many.In [...]

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    Zambia drops treason charges against opposition leader

Zambia drops treason charges against opposition leader

Zambian opposition leader Hakainde Hichilema was freed by a judge on Wednesday after the state prosecutor dropped treason charges against him.“The Director of Public Prosecutions has decided to terminate these proceedings by virtue of her constitutional powers. Therefore, you’re hereby discharged,” said high court judge Charles Chanda.Hichilema, a longtime rival of President Edgar Lungu, on Monday denied plotting to overthrow [...]

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    Mugabe’s wife facing assault charge in South Africa

Mugabe’s wife facing assault charge in South Africa

Grace Mugabe, Zimbabwe’s first lady, handed herself to the South African police on Tuesday and will be charged with assault after reports that she attacked a young woman, Gabriella Engels in Johannesburg.Fikile Mbalula, the police minister earlier told reporters that 52-year-old Grace, a possible successor to her husband, 93-year-old President Robert Mugabe, had cooperated with the police.South African media said [...]

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Exchange Rates

Aug 22, 2017USDGBPEUR
INTERBANK361.95465.25425.94
LAGOS369476431
KANO369475430
PH370477433
ABUJA370477433
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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