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Zimbabwe launches new gold-backed currency

Zimbabwe has introduced a new gold-backed currency called ZiG - the name stands for "Zimbabwe Gold"

Zimbabwe has introduced a new gold-backed currency called ZiG – the name stands for “Zimbabwe Gold”. It is the latest attempt to stabilise its economy. Unveiling the new notes, central bank governor John Mushayavanhu said the ZiG would be structured, and set at a market-determined exchange rate. The ZiG replaces a Zimbabwean dollar, the RTGS, […]

EFCC To Arraign Bobrisky For Alleged Money Laundering Friday

The Economic and Financial Crimes Commission (EFCC) has filed a six-count charge against Idris Olanrewaju Okuneye popularly known as Bobrisky. Bobrisky will be arraigned on Friday before Justice Abimbola Awogboro of the Federal High Court, Lagos. While the first four counts of the charge border on abuse of the Naira, the last two counts border […]

Saudi Arabia to host WTA Finals until 2026 with record ÂŁ12m prize money

Saudi Arabia will host the WTA Finals for the next three years and offer record prize money of $15.25m.

Saudi Arabia will host the WTA Finals for the next three years and offer record prize money of $15.25m. The event, featuring the top eight singles players and doubles teams of the year, will be the highest-profile tennis tournament held in the country. The WTA came close to staging the 2023 Finals in Saudi, before […]

Nigeria ranks 30th in latest FIFA men’s world ranking

Nigeria’s Super Eagles dropped two places in the latest FIFA ranking, but the three-time African champions are still far ahead of their West African rivals Ghana

Nigeria’s Super Eagles dropped two places in the latest FIFA ranking, but the three-time African champions are still far ahead of their West African rivals Ghana.  The Super Eagles were ranked 28th in the world in the February ranking but dropped to 30th in the ranking released on April 4, 2024, following the team’s mixed […]

South Africa Speaker charged with 12 counts of corruption

South Africa's ex-Speaker of Parliament Nosiviwe Mapisa-Nqakula has been charged with 12 counts of corruption and one count of money laundering

South Africa’s ex-Speaker of Parliament Nosiviwe Mapisa-Nqakula has been charged with 12 counts of corruption and one count of money laundering. She made her first court appearance after handing herself over to a police station this morning. The politician is accused of soliciting bribes in return for awarding contracts during her time as defence minister. […]

President Tinubu directs release of funds for vaccines purchase

President Bola Tinubu has called on Gavi, the Vaccine Alliance, to collaborate with potential Nigerian vaccine manufacturers to ensure equitable access to life-saving vaccines for children and adults.

President Bola Tinubu has called on Gavi, the Vaccine Alliance, to collaborate with potential Nigerian vaccine manufacturers to ensure equitable access to life-saving vaccines for children and adults. Speaking at a meeting with a delegation of GAVI led by its Chief Executive Officer, Dr. Sania Nishtar, at the State House, on Thursday, President Tinubu said […]

Nathaniel Bassey petitions IGP over defamation 

Gospel minister, Nathaniel Bassey, has petitioned the Inspector General of Police, Kayode Egbetokun, to investigate and prosecute four persons who he accused of criminal defamation and cyberstalking

Gospel minister, Nathaniel Bassey, has petitioned the Inspector General of Police, Kayode Egbetokun, to investigate and prosecute four persons who he accused of criminal defamation and cyberstalking. The singer submitted the petition to the IGP on April 1, 2024, through his lawyers, Peter Abraham, Uche Matthew, Gbenga Agunloye, and Anthony Abia. Last week, four social […]

Nollywood Filmmaker Frank Igho Okpokoro Vaughan is dead 

Popular filmmaker and former Vice President of the Directors Guild of Nigeria (DGN), Frank Igho Okpokoro Vaughan, is dead

Popular filmmaker and former Vice President of the Directors Guild of Nigeria (DGN), Frank Igho Okpokoro Vaughan, is dead.  Vaughan passed on Tuesday, April 2, 2024, after battling an undisclosed illness. The news was affirmed by the President of the Directors Guild of Nigeria, DGN, Victor Okhai. His death comes on the heels of actor […]

My players will deliver against Banyana –Waldrum

My players will deliver against Banyana –Waldrum

Super Falcons head coach, Randy Waldrum has declared that his team will beat the Banyana Banyana of South Africa to the 2024 Olympic Games ticket. Nigeria will host South Africa in the first leg of the final round qualifier at the Moshood Abiola Stadium, Abuja on Friday. The reverse fixture will take place next week […]