To enhance liquidity in the foreign exchange market, the Central Bank of Nigeria, CBN, said it has successfully conducted a Retail Dutch Auction System (rDAS) sale, resulting in the approval of bids valued at $876.26 million from 26 authorised dealer banks. According to a statement by the Director of the Financial Markets Department at the…
At least 19 people have been killed after gunmen launched an attack on Chad’s presidential complex on Wednesday. Gunfire was headed near the presidential building with tanks seen on the street. An armed commando unit reportedly shot inside the building around 7:45pm. Abderaman Koulamallah, government spokesman and foreign minister, said the dead include 18 of…
Two Ugandan TikTok users, 21-year-old David Ssengozi, known as Lucky Choice, and 28-year-old Isaiah Ssekagiri, have been remanded to Kigo prison on charges of insulting President Yoweri Museveni, First Lady Janet Museveni, and Gen Muhoozi Kainerugaba. Magistrate Stella Maris Amabilis ordered their detention until 13 November, when they will make an initial court appearance, BBC…
Christmas is just around the corner, and it’s a great time to review your finances before the new year. Making the right financial moves now can help you enter 2025 with confidence. Here are five smart investment steps Nigerians can take before the year ends. 1. Review Your Budget The festive season is exciting but…
The United States has proposed owning 50 percent of Ukraine’s rare earth minerals in exchange for possible military support. Under the proposal, Ukraine would transfer partial control of its valuable mineral resources to Washington rather than make financial repayments for all the US support the country has received since the Russian invasion in 2022. According…
An Israeli airstrike has killed Hakham Muhammad Issa Al-Issa, a senior Hamas military commander and key architect of the October 7, 2023, attack that ignited the ongoing war between Israel and Hamas, the Israel Defence Forces announced Saturday, The New York Post reported. Al-Issa, one of the last surviving founding members of Hamas’ military wing,…
A United States-based Nigerian woman, Abayomi Whint, has been sworn in as a judge for the Kings County New York Civil Court. This was disclosed in a video tagged, ‘Welcome to the bench, Your Honor!’ via her Instagram page on January 23, 2025. Whint was among the eight candidates elected as judges in Brooklyn, in…
GISTSMATE MEDIA reports that the Nigerian Air Force (NAF) and Pakistan Air Force (PAF) have deepened defence cooperation following a high-level meeting in Abuja. PAF’s Director General of Weapons Development, MI Khattak, met with NAF Chief of Air Staff, Hasan Bala Abubakar, to discuss strategies for boosting operational readiness, cutting costs, and advancing indigenous capabilities….
Member of the US Congress, representing West Virginia’s Second District, Rep Riley M. Moore has slammed former governor of Kano State, Rabiu Kwankwaso over his stance on the alleged Christian massacre in Nigeria. Kwankwaso had while reacting to the designation of Nigeria as Country of Particular Concerns by President Donald Trump and the subsequent threat…
In a major privacy change, Telegram is opening the door to sharing user data, including IP addresses and phone numbers, with law enforcement. On Monday, Telegram CEO Pavel Durov announced the change after vowing to crack down on illegal activities on the messaging platform following his arrest in France. In a post, Durov said Telegram…