CBN pegs N360 to one dollar at retail market

The Central Bank of Nigeria (CBN) yesterday approved an exchange rate of N360 to the United States dollar in line with its liberalisation policy for the retail segment unveiled five weeks ago. During the period, the apex bank committed nearly $2 billion in the foreign exchange sub-sector through the interbank for invisible items and the 30 to 60 days forwards market for the real sector.

Paul McCartney making album with Adele producer

Paul McCartney

Paul McCartney has revealed that he is working on a new album with the producer best known for Adele’s blockbuster hit “Hello.”The Beatles legend said in a radio interview that he was “in the middle” of the new album, his first since 2013.

Can Chewing Gum Instead Of Snacking Really Help You Lose Weight?

When the midday munchies strike, the battle between a bag of pretzels and a stick of gum begins. And if you want to lose weight, you probably opt for the gum, relegating the pretzels to the snacking corner of shame.

Police Establish Radio, Television Stations

Inspector General of Police, Alhaji Ibrahim Idris

The Nigeria Police Force has established a national broadcasting and radio service that will serve the entire nation.

Arowolo Sentenced To Death For Killing Banker Wife

Arowolo in tears at the court after he was sentenced to death

Justice Lateefat Okunnu of the Ikeja High Court Friday sentenced Akolade Arowolo to death over the death of his banker wife, Titilayo Omozeje in 2011.

NASS approved Buhari’s request for $500m Eurobond in the overall interest of Nigerians

By Henry Umoru, Emman Ovuakporie & Johnbosco Agbakwuru ABUJA—THE two arms of the National Assembly, NASS, yesterday approved President Muhammadu Buhari’s request to raise additional $500 million eurobond from the international capital market to fund the 2016 Budget deficit.

Footballer makes wife and 'girlfriend' speech blunder

Mohammed Anas

Ghanaian striker Mohammed Anas has accidentally thanked his wife "and girlfriend" in a post-match interview.