The Naira on Monday further slided at the parallel market as it exchanged for N227 to the dollar, as against the N226.5 it traded previously. The News Agency of Nigeria (NAN) reported that the official interbank rate, however, remained at N197. Traders at the market attributed the slide in the price of the naira to… Read More Naira depreciates again at parallel market
The Department of Petroleum Resources (DPR), Eket Office, on Monday gave petrol marketers in Akwa Ibom, three days to revert to N87 pump price or face sanctions. The DPR Operations Controller in the state, Mr Asuquo Antai, said in an interview in Uyo, that there was no reason for the hike in pump price by… Read More DPR gives fuel marketers a 3-day ultimatum to revert to N87/litre fuel pump price
Former US senator Fred Thompson has died at the age of 73. His family said he had been suffering from lymphoma. Mr Thompson had various film roles and starred in the TV series Law & Order. As a lawyer, he served as chief Republican counsel to the Senate Watergate Committee that investigated President Richard Nixon.… Read More Former U.S. Senator and actor dies at 73
A series of minor earthquakes jolted the Phoenix area Sunday night, sending shock waves through several cities. All three took place near Black Canyon City, Arizona, about 45 miles north of Phoenix. The first, a magnitude 3.2 quake, struck at 8:59 p.m. (10:59 p.m. ET), the U.S. Geological Survey said. The second, a magnitude 4.1… Read More Three earthquakes jolt Phoenix area in Arizona
Voters delivered a surprise win for Turkey’s ruling Justice and Development Party, or AKP, in elections on Sunday. In a major comeback from the previous general election, the AKP, led by Prime Minister Ahmet Davutoglu, seems to have secured a large enough majority of seats in parliament for single-party rule, according to preliminary results released… Read More Turkey’s ruling party wins election
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