THISDAY has confirmed that Russia has not supplied the COVID-19 vaccine it developed to Nigeria, contrary to reports that emanated yesterday. Rather, what happened was the signing of a memorandum of Understanding by Nigeria with Russia, which will give the country access to the developed vaccine as soon as it is available for export.
Updated 1 Month ago

Dr. Dre’s estranged wife, Nicole Young, is seeking nearly $2 million per month in spousal support as well as $5 million in legal fees according to new court documents filed Thursday in the epic divorce battle between the hip hop mogul and Young.
Updated 1 Month ago

China exporters under pressure from soaring US shipping costs ahead of Christmas as demand outweighs supply. The cost of shipping by sea from Shanghai to the west coast of the US more than doubled between May to August, to the highest rate since 2009.
Updated 1 Month ago

Former Governor of the Central Bank of Nigeria (CBN) and ex-Emir of Kano, Muhammad Sanusi yesterday listed the benefits of removing subsidy on petrol and further advised the federal government to implement structural reforms that would remove every vestige of subsidy in the system in order to attract productive investments.
Updated 1 Month ago

The President of Ghana, Prof. Nana Akufo-Addo, has expressed the government’s readiness to reconsider the one million dollars capital base for foreign traders, as enshrined in the Ghana Investment Promotion Centre (GIPC), Act 2013. Akufo-Addo gave the assurance in a meeting with the Speaker of the House of Representatives, Rep. Femi Gbajabimila, on Friday in Jubilee House in Ghana.
Updated 1 Month ago

Hanan Buhari Daughter of President Muhammadu Buhari wedded Mohammed Turad Sani Sha’aban, at a ceremony in the State House Abuja on Friday. The ceremony thronged with Dignitaries including Alhaji Aliko Dangote, Vice President Yemi Osibanjo and many others.
Updated 1 Month ago

Africa has been one of China’s major sources of oil over the last two decades but its share of the market is expected to decline as China looks to other suppliers, analysts say.
Updated 1 Month ago

In a swift reaction, President Muhammadu Buhari said “the gas contract was fraudulent and only an attempt to defraud Nigeria of its hard earned resources.”
Updated 1 Month ago

Israeli strikes on Damascus suburbs put a civilian aircraft in serious danger and forced it to divert to Russia’s Khmeimim airbase as the Syrian air defense was activated to repel the attack, the Russian military said.
Updated 9 Months ago

Nigeria’s external reserves recorded a decline of $4.47bn from $42.54bn as of the beginning of 2019 to $38.07bn as of the end of December. The $4.47bn, according to data obtained from the Central Bank of Nigeria, represents a decline of 10.5 per cent.
Updated 9 Months ago