PPP = Purchasing power parities (PPPs) are the rates of currency conversion that try to equalise the purchasing power of different currencies, by eliminating the differences in price levels between countries. This means that goods in each country will cost the ...
Read More »Statement by Permanent Representative Vassily Nebenzia at the UNSC meeting on the Protection of Civilians in Armed Conflicts
15 September 2022 Ms. President, We note the timeliness of today’s meeting. We thank Martin Griffiths, Maximo Torero and David Beasley for their opinions and assessments. We remain extremely concerned with the situation of civilians in the context of the deterioration of ...
Read More »Barbarism: Asian Crew Killed 2 Stowaway Nigerians On Japanese Ship, Threw Some Into Sea
Two Nigerians have been reportedly killed off the shores of Gbanken Beach in Grand Kru, Liberia, while aboard the Ophelia Panana, a Japan-bound ship. According to AllAfrica.com, 12 other Nigerians were rescued by members of a Liberian joint task force while ...
Read More »Buhari welcomes first ship at Lekki Deep Sea port
The President, Major General Muhammadu Buhari (retd.), has congratulated the Federal Ministry of Transportation and the Nigerian Ports Authority on the successful berthing of the first ship at Lekki Deep Sea port.The vessel, ZHEN HUA 28, delivered three Ship to ...
Read More »Crushed cow: Driver, conductor detained after herders killed Lagos resident
The Lagos State Police Command has arrested the driver and the conductor of a commercial bus linked with the death of a cow in the Agemowo, Badagry area of Lagos. Two yet-to-be-identified cattle herders on Monday reportedly stabbed a man ...
Read More »Money laundering: Mompha’s absence stalls court proceedings again
The absence of social media celebrity, Ismaila Mustapha popularly known as Mompha, again on Thursday has stalled his alleged N6 billion money laundering trial before Justice Mojisola Dada of the Ikeja Special Offences Court.The Economic and Financial Crimes Commission charged ...
Read More »Farouk Aliyu: Those Doubting Tinubu’s Credentials Should Go To Court
Farouk Aliyu has told those doubting the credentials of the All Progressives Congress (APC) presidential candidate, Bola Tinubu, to seek redress in court. The former Minority Leader of the House of Representatives commented on Sunday amid claims that Tinubu falsified ...
Read More »2023: Labour Party Will Labour In Vain – Soludo Mocks Peter Obi
Anambra Governor Chukwuma Soludo has said those dreaming to win the 2023 general elections under new parties are jokers. He specifically said those who joined the Labour Party (LP) like its presidential candidate, Peter Obi, will just labour in vain ...
Read More »Electricity update: Nigeria’s power generation falls to 84.4GWh as poor supply persists.
Nigeria’s electricity generation dropped on Thursday to 84.43GWh, which is 5.2% lower than the 89.06GWh generated on the previous day. This is according to information from the Transmission Company of Nigeria (TCN). In the same vein, electricity supplied by the ...
Read More »Military pays 90,000 ex-servicemen second tranche of owed allowances
The Military Pensions Board said it has paid over 90,000 retired military personnel the second tranche of the owed 24 months arrears of minimum wage. It was reported that retired military personnel, on January 5, protested at the Ministry of ...
Read More »