World News

Jul
21
2024
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By Thewhisperer
Just In: Joe Biden Endorses Kamala Harris As Democratic Party’s Presidential Nominee

Just In: Joe Biden Endorses Kamala Harris As Democratic Party’s Presidential Nominee

World News
President Joe Biden has endorsed Kamala Harris, the vice-president, as his replacement for the United States 2024 presidential election. On Sunday, Biden withdrew from the presidential race, saying his decision not to seek reelection is in the best interest of his party and country. In another post on X, Biden said he has offered his full support to Harris as a nominee of the Democratic Party in the forthcoming election. “My fellow Democrats, I have decided not to accept the nomination and to focus all my energies on my duties as President for the remainder of my term,” Biden said.…
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Jul
21
2024
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By Thewhisperer
BREAKING: Joe Biden pulls out of 2024 US presidential race

BREAKING: Joe Biden pulls out of 2024 US presidential race

World News
Joe Biden has pulled out of the 2024 presidential race. In a development that sends the contest into unchartered territory, the US president announced that he will no longer be seeking a second term. Instead, another Democrat will now need to be chosen to face off against Republican nominee Donald Trump in November in a race that has already been marked by tension, division and an assassination attempt. In a statement addressed to "my fellow Americans", he said it had been the "greatest honour of my life to serve as your president". "While it has been my intention to seek…
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Jul
15
2024
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By Thewhisperer
Rwanda: Provisional Election Results Show Paul Kagame Cruising To Victory With 99%

Rwanda: Provisional Election Results Show Paul Kagame Cruising To Victory With 99%

World News
President Paul Kagame has won 99% of the vote in provisional results from Monday’s presidential election in Rwanda, electoral authorities said, an outcome that was widely expected as the country’s long-time ruler aims to extend this three-decade grip on power. Kagame’s opponents — Frank Habineza of the Democratic Green Party of Rwanda and independent candidate Philippe Mpayimana — were collectively getting under 1% of the vote in provisional results accounting for 79% of all ballots cast. The result mirrored the outcome in 2017, when Kagame took nearly 99% of the vote. Final results are expected by July 27, although they…
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Jul
13
2024
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By Thewhisperer
BREAKING: Gunshots reportedly fired at Donald Trump rally – as former president rushed off stage (PHOTOS)

BREAKING: Gunshots reportedly fired at Donald Trump rally – as former president rushed off stage (PHOTOS)

World News
Donald Trump was giving a speech in Pennsylvania when he appeared to fall to the ground - at which point he was surrounded by armed security staff. Gunshots have reportedly been fired at Donald Trump's rally in Pennsylvania, with the former president rushed off-stage by security staff. Trump appeared to fall to the ground as he was giving a speech. He was quickly surrounded by armed security and stayed down for around a minute. He then rose to his feet and pumped his fist in the air, before being escorted off stage and into a vehicle. He was then driven…
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Jul
08
2024
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By Thewhisperer
US President Joe Biden Takes Battle Against Trump To Church Amid Calls To Step Aside

US President Joe Biden Takes Battle Against Trump To Church Amid Calls To Step Aside

World News
US President Joe Biden, who is up against rival, Donald Trump in November election, sought out safe ground Sunday, courting Black voters at a church as he hit the campaign trail to salvage his reelection bid and silence growing calls to quit. “We’re all imperfect beings,” the 81-year-old told a welcoming congregation in Philadelphia, where he received a jolt of rejuvenation from worshippers who chanted “four more years.” Biden has dug in despite an uprising among some Democratic lawmakers, analysts and voters concerned he lacks the mental acuity and physical fitness to serve a second term — worries brought to…
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Jul
08
2024
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By Thewhisperer
We Paid Over N500 Billion Tax To Nigerian Government In 2023 — MTN

We Paid Over N500 Billion Tax To Nigerian Government In 2023 — MTN

Business
MTN Nigeria Communication Plc said it paid the sum of N543.9 billion in taxes and levies to the Nigerian government in 2023. The company disclosed this in its 2023 sustainability report released over the weekend, which highlights its Environmental, Social, and Governance (ESG) practices. In addition, MTN said it was able to expand its network coverage to cover 92.9% of the country’s landscape. The technology company added that it also increased its investment in capital expenditure by 13.2% to N571 billion in 2023. Per the company’s financial result, MTN Nigeria posted N2.46 trillion as revenue for the full year 2023.…
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Jun
24
2024
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By Thewhisperer
Shoprite To Close Abuja Branch By June 30, Blames Business Climate

Shoprite To Close Abuja Branch By June 30, Blames Business Climate

Business, News
The Retail Supermarket Nigeria Limited (RSNL), owner of Shoprite, has announced that it would cease operations at its Wuse store located in Novare Wuse Central Mall, Abuja from 30 June. The company’s Chief Executive Officer, Folakemi Fadahunsi, said in a circular titled ‘Notification of Novare Wuse Central Mall, closure’ dated 21 June that the decision was made after a thorough evaluation of the store’s financial situation and the current business climate. “We regret to inform you that as of June 30, 2024, Retail Supermarkets Nigeria Limited will be closing its Wuse store located in Novare Wuse Central Mall, Abuja. “This…
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May
16
2024
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By Thewhisperer
Dangote Refinery To Buy 24 Million Barrels Of US Crude Oil –Report

Dangote Refinery To Buy 24 Million Barrels Of US Crude Oil –Report

Business, News
Dangote Oil Refinery in Lagos is seeking to buy millions of barrels of US crude over the next year as it ramps up processing rates. The $20 billion refinery, established by Africa s richest man Aliko Dangote, has issued a term tender to buy two million barrels per month of West Texas Intermediate Midland crude for a year starting in July, according to a report by Bloomberg. The tender for overseas oil — from a refinery that’s situated in Africa’s largest producer nation, highlights how influential the plant will be in global crude and fuel trading. It will be the…
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May
01
2024
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By Thewhisperer
The Biggest Mess Of 2023 Was The Devaluation Of The Naira From ₦460 To ₦1,400 — Dangote

The Biggest Mess Of 2023 Was The Devaluation Of The Naira From ₦460 To ₦1,400 — Dangote

Business
The chairman of Dangote Industries Limited, Aliko Dangote, says the devaluation of naira created the biggest mess for the company in 2023. Dangote spoke on Tuesday during the annual general meeting of Dangote Sugar Refinery Plc. According to Dangote, the company is putting in efforts to ensure it pays dividends this year. He said a lot of companies, especially in food and beverages businesses, were also affected and will be unable to pay dividends, TheCable reported. “We are doing whatever it takes to make sure that at the end of the day, we will be paying dividends because if you…
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Apr
08
2024
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By Thewhisperer
CBN bans use of foreign currency as collateral for naira loans

CBN bans use of foreign currency as collateral for naira loans

Business
The Central Bank of Nigeria (CBN) has banned the use of foreign currency-denominated collaterals for obtaining naira loans, except under specific conditions. This was conveyed through a circular distributed to all Nigerian banks by Dr Adetona S. Adedeji, the Acting Director of the Banking Supervision Department at the CBN. The circular noted CBN’s observations of the prevalent use of foreign currency (FCY) as collateral by bank customers seeking naira loans. In the light of these observations, the CBN resolved to prohibit this practice, aiming to stabilise the financial market and ensure the prudent use of foreign currency within the economy.…
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