A 5.7-magnitude earthquake rocked Hualien County in Taiwan at 6:50 p.m. on Monday, April 22, as reported by the China Earthquake Networks Center (CENC). The epicenter was pinpointed at 23.76 degrees north latitude and 121.51 degrees east longitude, with the quake occurring at a depth of 10 km, according to the CENC’s findings. Prior to…
Super Falcons sensation, Chiamaka Nnadozie, has earned a nomination for the esteemed Goalkeeper of the Season award in the French D1 Arkema, the premier women’s league in France. This marks Nnadozie’s second consecutive nomination for this prestigious individual honor, a testament to her remarkable talent and prowess as one of the finest goalkeepers in the…
Data from the FMDQ securities exchange revealed that on Monday, April 22, the value of the naira depreciated against the United States dollar to N1,234 at the official foreign exchange market. This exchange rate signifies a decline of N65 or 5.26 percent from the rate of N1,169.99/$1 recorded on Friday, April 19. Earlier in the…
Amid persistent blackouts, the Federal Government has announced plans to divest its ownership of the five electricity Distribution Companies (DisCos). Minister of Power, Adebayo Adelabu, made the declaration on Monday, April 22, citing the lack of technical capacity among banks and the Asset Management Company (AMCON), which have been managing these DisCos due to their…
Foreign portfolio investment (FPI) inflows into Nigeria’s stock market surged by 167.8 percent Year-on-Year (YoY) to N118.92 billion in February 2024 from N44.52 billion in the same period of 2023. This increase was fueled by enhanced liquidity in the foreign exchange (FX) market, following reforms by the Central Bank of Nigeria (CBN). According to the…
