Author: News Room
Receive free Currencies updatesWe’ll send you a myFT Daily Digest email rounding up the latest Currencies news every morning. The dollar will maintain its position as the world’s dominant reserve currency over the next decade, confounding growing calls from some countries for the adoption of alternatives, according to a closely watched annual survey of central banks.Research by the Official Monetary and Financial Institutions Forum (OMFIF), a UK central banking think-tank, found… Read the full article here
ARK Investment Management, a pro-Bitcoin (BTC) firm founded by veteran investor Cathie Wood, is reportedly ahead in the race for a spot BTC exchange-traded fund.In mid-June, the investment firm BlackRock filed an application for a spot Bitcoin ETF, triggering notable optimism on cryptocurrency markets.A number of reports suggested that BlackRock could become the first issuer of a spot Bitcoin ETF in the United States, should it receive approval. That might not be the case, according to some… Read the full article here
Us Weekly has affiliate partnerships so we may receive compensation for some links to products and services. We always gravitate directly toward florals in the summer. Groundbreaking? Maybe not, but we know plenty of shoppers agree with Us when it’s time to stock their closets with new warm-weather picks. Our two main objectives while picking out dresses is to find flattering styles that don’t blow our budgets — so naturally, we went to Amazon to see what’s in… Read the full article here
Governor Mohammed Umaru Bago of Niger State has appealed to Nigerians to show understanding and confidence in the present administration at all levels as efforts are being made to roll out palliatives to cushion the effects of the fuel subsidy removal. In a Sallah message by his Chief Press Secretary, Bologi Ibrahim, the Governor noted the economic difficulties occasioned by the removal of the fuel subsidy in the country. He advised the Muslim ummah, as they celebrate Eid-el-Kabir, to… Read the full article here
The All Progressives Congress, APC, in Osun State has affirmed Tajudeen Lawal as the substantive Chairman of the party in the state. Lawal’s affirmation as Chairman was taken at a resolution at a special session of the State Executive Committee meeting of the party in Osogbo on Monday. According to a statement made available by the Osun APC Publicity Secretary, Wole Adunola, the session had in attendance local party chairmen of the party across the state and members of the State Working… Read the full article here
The Ogun State Commander of the Amotekun Corps, David Akinremi, has died, DAILY POST reports. Akinremi, a retired Commissioner of Police, was said to have died on Monday evening. Our correspondent gathered that Akinremi had been nursing an undisclosed ailment for quite some time until he breathed his last on Monday. Confirming his death, the Commander of the So-Safe Corps, Soji Ganzallo, described Akinremi’s death as a rude shock. Akinremi was in 2021 appointed by Governor Dapo Abiodun… Read the full article here
Former Inter Milan midfielder Wesley Sneijder has described Jose Mourinho as a very intelligent manager. He said this while telling an incredible story of how the Portuguese predicted the 2010 UEFA Champions League scoreline two weeks in advance. Sneijder was one of Mourinho’s key men at Inter Milan and was part of the side that beat Bayern Munich 2-0 in the Champions League final. Diego Milito scored twice for the Nerazzurri as they also claimed a continental treble. Sneijder, a former… Read the full article here
Drug trafficking continues to thrive in the Sahel thanks to non-state armed groups which are very active there, indicates the United Nations Office on Drugs and Crime (UNODC), in its 2023 report published Monday in Niamey. According to the UNODC report, the quantities of cocaine seized in the Sahel – Mauritania, Mali, Burkina Faso, Niger and Chad – jumped last year. They increase from 13 kg per year between 2015 and 2020 and 35 kg in… Read the full article here
Nigeria’s decision to eliminate fuel subsidies has had a significant impact, resulting in the collapse of a thriving black market in West African nations. This informal sector, which played a central role in the region’s economic activity, has been disrupted as the price of cheap contraband Premium Motor Spirit, better known as petrol, from Nigeria suddenly doubled. In a report on Monday, American news platform, Reuters, noted that black market fuel vendors and… Read the full article here
The Nigerian Bar Association in Benin, Edo State, has condemned the killing of its member, Efe Idahosa, by kidnappers in Ondo State. Idahosa was said to be returning from the Achievers University in Owo, Ondo State, when he got struck down by a stray bullet from a gang of kidnappers last Thursday. The NBA’s publicity secretary in the state, Festus Usiobaifo, while lamenting the level of insecurity in the country, described Idahosa as a promising colleague.
