July 2022

Zimbabwe Resolves To Mint Gold Coins To Tackle

Zimbabwe Resolves To Mint Gold Coins To Tackle Inflation

July 6, 2022 7:48 am

Zimbabwe has announced that it has concluded plans to introduce gold coins later this month as it continues to intensify efforts geared at curbing the soaring inflation amid a slump in its currency.

The nation’s central bank also provided details on its plans to declare the US dollar to be legal tender for the following five years.

After the annual rate of inflation surpassed 190 percent this month, the central bank’s primary interest rate was more than doubled to 200 percent.

This year, the value of the Zimbabwean dollar relative to major currencies has plummeted.

The one troy ounce, 22-carat

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Italy’s President Storms Mozambique To Discuss Gas Supplies

Italy’s President Storms Mozambique To Discuss Gas Supplies

July 6, 2022 7:07 am

In an effort to minimize Rome’s dependency on Russia, Italian President Sergio Mattarella met with his Mozambican colleague Filipe Nyusi on Tuesday in Maputo to discuss gas supply.

Prior to the start of an offshore gas project operated by the Italian energy company Eni in the north of Mozambique, which has been ravaged by insurgency, Mattarella welcomed energy cooperation between the two nations during the visit.

“The forthcoming start of the export of liquefied natural gas from the Coral Sul plant, managed by Eni, is an important milestone that testifies to how precious our collaboration is,” Mattarella told a …

Anxiety As Gunmen Kill Policeman, Kidnap Foreigner In Kwara

Anxiety As Gunmen Kill Policeman, Kidnap Foreigner In Kwara

July 6, 2022 7:04 am

Some yet-to-be-identified gunmen struck on Tuesday at a quarry site in the Shao area of Moro Local Government of Kwara State, killing at least one mobile police officer and abducting a Chinese citizen.

Reports gathered by Africa Daily News, New York indicate that the gunmen burnt the car allegedly used in the operation and disappeared into thin air.

One other police operative reportedly injured in the attack is said to be receiving medical attention at an undisclosed location.

Read Also: Gunmen Kill Security Man, Raze Down Filling Station In Ondo

When contacted, the spokesman of the Kwara State Police Command, …

Constant Power Failure Five Discos Will Be Restructured -FG

Power Failure: Five Discos Will Be Restructured, FG Confirms

July 6, 2022 6:59 am

The federal government of Nigeria has announced the restructuring of five electricity distribution companies, also known as DISCOs, in the country to improve the power sector.

This decision was contained in a statement jointly signed on Tuesday by the Executive Chairman of the Nigerian Electricity Regulatory Commission (NERC), Sanusi Garba, and Director-General of the Bureau of Public Enterprises (BPE), Alex Okoh.

According to the statement which was sighted by Africa Daily News, New York on Wenesday, the affected companies are Kano Electricity Distribution Company (KEDCO), Ibadan Electricity Distribution Company (IBEDC), Benin Electricity Distribution Company (BEDC), Kaduna Electric, and Port Harcourt …

Why I Lost To Usyk, Joshua Narrates

Why I Lost To Usyk, Joshua Recounts

July 6, 2022 6:55 am

Ex-heavyweight champion, Anthony Joshua, has admitted he thought he was winning in his first fight against Oleksandr Usyk because his team didn’t give him information that pointed otherwise.

Africa Daily News, New York reports that this led to AJ’s decision to cut ties with Rob McCracken and the rest of his training team after they failed to tell him he was losing to Usyk.

AJ was outmatched over 12 rounds last September at the Tottenham Hotspur stadium and immediately after the bout, his corner work was questioned.

Joshua, 32, surprisingly chose to try and outbox Usyk, 35, and never …

War Putin Takes No Breaks, Zelenskyy Cries Out

War: Putin Takes No Breaks, Zelenskyy Cries Out

July 6, 2022 6:47 am

The President of Ukraine, Volodymyr Zelenskyy has claimed that air alerts rang out across almost all of Ukraine Tuesday night, indicating that the Russian army has continued to remain very consistent in pounding the country. 

He made this known even as he called again for a modern, effective air-defence system.

Attacks, according to him, occurred in the western Ukrainian Khmelnytskyi region, the central Dnipropetrovsk region, the border region of Sumy, and the Black Sea port city of Mykolaiv and its surroundings.

According to the governor of Luhansk, a lot of equipment is being delivered into the Donetsk region of Ukraine …

BBNaija Set To Return, Organisers Raise Grand Prize To ₦100m

BBNaija Set To Return, Organisers Raise Grand Prize To ₦100m

July 6, 2022 6:06 am

Reports reaching Africa Daily News, New York at the moment has it that Multichoice Nigeria has announced that it is set to commence another edition of the Big Brother Naija (BBNaija) reality show.

The show, it pointed out, will return for its seventh season in less than three weeks with a double launch show on July 23 and 24.

‘BBNaija is staying true to its reputation of having the biggest cash prize for any reality (TV) competition on the continent,’ it said. ‘This season’s winner will take home a grand prize worth ₦100 million that includes ₦50 million cash and …

Presidency Reacts To Attack On Buhari’s Team In Kastina

Presidency Reacts To Attack On Buhari’s Team In Kastina

July 6, 2022 5:51 am

The Presidency of Nigeria has described as sad and unwelcome, Tuesday’s shooting incident near Dutsinma, Katsina State, at the convoy of cars carrying the Advance Team of security guards, protocol, and media officers ahead of the trip of President Muhammadu Buhari, to Daura for Sallah.

According to a statement which was made sighted by Africa Daily News, New York on Wednesday by the Senior Special Assistant to the President, Media, and Publicity, Garba Shehu, the attackers opened fire on the convoy from ambush positions but were repelled by the military, police and DSS personnel accompanying the convoy.

Read Also:

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Peter Obi's To Announce Running Mate Before Friday - Okupe

Peter Obi’s To Announce Running Mate Before Friday – Okupe

July 6, 2022 5:42 am

The Director-General of the Peter Obi Campaign Organisation, Doyin Okupe, has revealed that a substantive deputy to Peter Obi will be announced before Friday all things being equal.

Mr Okupe, who is occupying the slot of the running mate in a ‘place holding’ capacity at the moment, revealed that Mr Obi and the Labour Party will announce a substantive VP following the collapse of the talks with the NNPP which lingered for too long.

While speaking in an interview on ‘Politics Today’ on Tuesday night in a program which was monitored by Africa Daily News, New York, Mr Okupe …

Bayern Set To Submit €120m Bid For Osimhen

Bayern Set To Submit €120m Bid For Osimhen

July 5, 2022 8:03 am

German giants, Bayern Munich are reportedly preparing a €120m bid for Napoli striker, Victor Osimhen, Africa Daily News, New York has gathered.

The 23-year-old Nigerian is viewed by the Bavarians as the perfect alternative for Robert Lewandowski, who is about to leave the Allianz Arena this summer.

Lewandowski, who has one year left on his contract, is eager to join Barcelona, one of the biggest clubs in Spain.

Osimhen has been impressive for the Partenopei since his arrival two years ago from Ligue 1 outfit Lille and the Partenopei are aware of the interest from other clubs, but are not …

Independence Day Parade: Over 30 Shot, 6 Dead In US

Independence Day Parade: Over 30 Shot, 6 Dead In US

July 5, 2022 7:45 am

The annual July Fourth parade in the Chicago suburb of Highland Park ended on a disastrous note on Monday.

No fewer than six people who were among the 30, shot at about 10:14 am, have been confirmed dead.

Security agents are searching for the suspect believed to have opened fire from a rooftop.

Highland Park Police Commander Chris O’Neill advised people to stay indoors until the general area is declared safe.

Read Also: Woodberry Olalekan Ponle Faces Separate Charge In Chicago

Lake County Major Crime Task Force spokesman Christopher Covelli told reporters that the gunman’s rifle was recovered at the …

2023: Ohanaeze Tackles Kwankwaso Over Comments On South East

2023: Ohanaeze Tackles Kwankwaso Over Comments On South East

July 5, 2022 7:18 am

The apex Igbo socio-cultural organisation, Ohanaeze Ndigbo has declared that Rabiu Musa Kwankwaso does not have the competence to assess the Igbo, stressing that it does not reckon him as presidential material.

Ohanaeze Ndigbo revealed that Ndigbo was long prepared for the presidency of the country, insisting that any person that had done well in business will do well in any other venture.

Ohanaeze Ndigbo was reacting to Kwankwaso’s description of the Igbo nation as ‘politically immature to win the presidency,’ where he asserted that the highest political position Igbo could occupy in the country was the vice presidency.

However, …

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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