A foreign investor at TLG Capitals, Isaac Marshall, has attributed the naira gain to the decision of the Central Bank of Nigeria (CBN) to clear the FX backlog. Nigeria's foreign exchange (FX) reserves have fallen to a six-year low, Marshall said in a statement on his LinkedIn account on Thursday. He stated that this decline…

Nestlé, a food and beverage company, has been accused of adding sugar and honey to its infant milk and cereal products sold in many poorer countries but not in wealthier countries. This practice reportedly contradicts international health guidelines aimed at curbing childhood obesity and chronic diseases. The accusation comes from a report by Public Eye,…

The Nigerian Navy has expressed worries over the spate of stowaways in the country's waters. "The Nigerian Navy is concerned by the upsurge in cases of stowaways in Nigerian waters," it said in a statement. "For clarity, the Convention on Facilities of International Maritime Traffic (FAL Convention) defines a stowaway as someone who is secreted…

Rapper Kanye West finds himself at the center of controversy after an alleged physical altercation involving a man who reportedly grabbed his wife, Bianca Censori. The incident unfolded during a night out in Los Angeles. According to police sources, Kanye West has been identified as a suspect in a battery case after allegedly punching the…

Social media platform X said Thursday it would work with Pakistan's government "to understand its concerns" after authorities insisted an ongoing two-month ban was based on security grounds.