Tuesday, February 19, 2019
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    Polish sailors kidnapped off Nigeria’s coast freed

Polish sailors kidnapped off Nigeria’s coast freed

The Polish government says the crew of a container ship kidnapped from the coast of Nigeria by pirates in October has been released.The crew of the German-owned vessel named Pomerenia Sky, which comprises eight Polish nationals, two Filipinos and a Ukrainian, were kidnapped by pirates in motorboats while coming from Angola.According to the Polish government, the crew members are safe [...]

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    Lagarde: How to sustain Ghana’s leadership position in W’Africa

Lagarde: How to sustain Ghana’s leadership position in W’Africa

Christine Lagarde, managing director of the International Monetary Fund (IMF), has prescribed ways in which Ghana can maintain its position as a leader in West Africa.Lagarde, who just concluded a two-day visit to Ghana said the “IMF will remain fully engaged in Ghana’s ongoing efforts to foster prosperity and opportunities for all".She said with "credible and sustainable policies will support [...]

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    UN envoy urges international community to watch Boko Haram ‘carefully’

UN envoy urges international community to watch Boko Haram ‘carefully’

A UN envoy has alerted the international community of the need to watch the Boko Haram terrorist group "carefully".The call was made at the UN headquarters by Francois Fall, special representative of the secretary-general for Central Africa and the head of the UN Regional Office for the region (UNOCA).While briefing the security council on the developments in the Central African sub-region, [...]

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    Theresa May survives confidence vote

Theresa May survives confidence vote

British Prime Minister Theresa May has won a vote of confidence in her leadership.She won the confidence vote with a majority of 83, with 63% of Conservative lawmakers backing her and 37% voting against her.The vote was triggered by 48 of her MPs angry at her Brexit policy, which they said betrays the 2016 referendum result.Prominent Brexiter Jacob Rees-Mogg has [...]

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    Trump’s ex-lawyer gets three-year jail term for paying prostitutes to keep quiet

Trump’s ex-lawyer gets three-year jail term for paying prostitutes to keep quiet

Michael Cohen, US President Donald Trump’s former personal lawyer, was sentenced to a total of three years in prison on Wednesday.He was sentenced for his role in making hush-money payments to women to help Trump’s 2016 election campaign and lying to congress about a proposed Trump Tower project in Russia.William Pauley, US district judge, in Manhattan sentenced Cohen to three [...]

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    Theresa May seeks support as she faces vote of no confidence

Theresa May seeks support as she faces vote of no confidence

UK Prime Minister Theresa May will face a vote of confidence in her leadership on Wednesday evening.Forty-eight conservative parliamentarians had requested for the vote.The result of the voting exercise which is expected to be between 6pm and 8pm would determine if May would still hold her position as the leader of the conservative party or not.It will be hard to [...]

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    US designates Boko Haram as ‘entity of particular concern’

US designates Boko Haram as ‘entity of particular concern’

The US has designated Boko Haram as an "entity of particular concern".NAN quoted Michael Pompeo, US secretary of state, as saying this in a statement on Tuesday.Boko Haram was put in the same category as Islamic State of Iraq and Syria (ISIS), al-Qa’ida and al-Shabab.Many lives have been lost and several displaced as a result of the activities of Boko [...]

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    Google CEO explains why Trump comes up in searches for ‘idiot’

Google CEO explains why Trump comes up in searches for ‘idiot’

Sundar Pichai, Google's chief executive, has told a US congressional panel why an image of President Donald Trump comes up on a google image search for "idiot".Zoe Lofgren, a Democratic congresswoman, had asked Pichai to explain what leads to such."How would that happen? How does search work so that that would occur?" she asked.But Pichai said Google has a search [...]

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    Minimum wage rises in UK — biggest in decade

Minimum wage rises in UK — biggest in decade

British workers had their biggest pay rise in a decade in the three months to October as the country’s strong labour market showed no sign of weakening ahead of Brexit, official figures showed on Tuesday.Average weekly earnings, including bonuses, rose by 3.3 percent on the year, their biggest rise since the three months to July 2008 and comfortably beating a [...]

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    UK worried about putting people in north-east Nigeria, says envoy

UK worried about putting people in north-east Nigeria, says envoy

Laure Beaufils, British deputy high commissioner to Nigeria, says the UK is committed to fighting terrorism in Nigeria yet "worried" about deploying people to the north-east, the epicentre of Boko Haram insurgency.Since the insurgency started, the UK and other foreign donors have helped internally displaced persons (IDPs) with basic and humanitarian needs.Of late, insurgents have launched attacks on military formations [...]

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Exchange Rates

February 18, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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