remains

Chinese Factory Activity Remains Steady In December

January 1, 2020 2:58 pm

China’s factory activity was in expansion territory for a second straight month in December amid a thaw in a trade war with the United States, official data showed Tuesday.

The closely watched Purchasing Managers’ Index (PMI), a key gauge of activity in the country’s factories, was at 50.2 in December, posting the same gain as the previous month, according to the National Bureau of Statistics (NBS).

The reading — slightly above the 50-point mark that separates growth and contraction every month — beat a forecast of 50.1 by analysts surveyed by Bloomberg News.

China’s manufacturing activity rebounded in November after …

Media, Not Judiciary Remains Last Hope Of Common Man

December 30, 2019 11:39 am
The Senator representing Osun East Senatorial district, Chief Francis Fadahunsi has argued that the press by its illuminating role stands as the last hope of the common man.

He added that several dicey positions and interventions embarked upon by pen pushers in Nigeria to save democracy and galvanise the downtrodden against subjugation and oppression has placed the press above judiciary in all ramifications.

The lawmaker, who was speaking with newsmen at his residence in Ilase -ijesha, Obokun Local Government area of the state over the weekend therefore berated those who were behind the proposed hate speech bill, describing it as

…

Chile Confirms Finding Human Remains From Missing Plane

December 12, 2019 2:35 pm

Chile confirmed Thursday that human remains and debris found by search ships are from a military plane reported missing with 38 people aboard, and the chances of finding survivors is “practically impossible.”

“The condition of the plane wreckage that was found makes it practically impossible that there are survivors from this air accident,” Air Force chief Arturo Merino told a news conference in the southern port of Punta Arenas.

Merino, flanked by Defense Minister Alberto Espina and other officials, confirmed reports that human remains had also been recovered from the sea.

“Along with the parts of the plane that have …

FG Says School Feeding Programme Remains A Priority

November 26, 2019 3:50 am

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq, has said the Home Grown School Feeding programme is one of the Federal Government’s top priorities and must be carried  out with immediate effect. Hajiya Farouq said this in Abuja while reacting to news that the ministry had refused to approve payments for vendors in Lagos, Imo, Kogi and Benue states.

“Since my appointment as Minister of Humanitarian Affairs, Disaster Management and Social Development, I have severally reaffirmed my commitment to delivering on the vision of President Muhammadu Buhari to lift 100 million people in …

Remains Of Balewa’s Wife Buried In Bauchi

Remains Of Balewa’s Wife Buried In Bauchi

October 28, 2019 11:23 am

The remains of Hajiya Jummai Abubakar, wife to Nigeria’s first prime minister, Sir Abubakar Tafawa Balewa, has been buried on Monday at the Bauchi Central Cemetery in Bauchi State.

The News Agency of Nigeria (NAN) reports that the funeral prayers, presided by the Chief Imam of Bauchi Central Mosque, Mallam Bala Baba-Inna, took place at exactly 2.15 p.m at the Palace of the Emir of Bauchi with Gov. Bala Mohammed of Bauchi state and other dignitaries in attendance.

Read Also: Corrupt Elements In APC Resisted Change In Bauchi State

Others who also attended the funeral rite were the Emirs of …

Remains Of Former Spanish Dictator Franco To Be Exhumed

Remains Of Former Spanish Dictator Franco To Be Exhumed

October 24, 2019 12:28 pm

The remains of Francisco Franco, Spain’s former right-wing dictator, are due to be exhumed on Thursday, after a legal and political battle that raised divisive questions over his legacy.

The plan is to move Franco’s body, via helicopter, from a massive mausoleum in the so-called ‘Valley of the Fallen’, north-west of Madrid, to the Mingorrubio cemetery to the north of the city.

“The exhumation of Franco’s remains should help us reflect on what this means for the image of our country and for democracy,’’ the Deputy Premier, Carmen Calvo, wrote on Twitter.

Franco ruled Spain from 1939, when his …

NDIC: Savannah Bank Remains Licenced To Operate

NDIC: Savannah Bank Remains Licenced To Operate

October 22, 2019 4:30 am

*Insists no cover for virtual currency subscribers

The Nigeria Deposit Insurance Corporation (NDIC) has insisted that the defunct Savannah Bank remains a bank with an operational license even though it is currently not in operation.

The corporation further clarified that the bank is not presently under its purview as it has not yet been declared as a liquidated financial entity.

Managing Director/Chief Executive, NDIC, Alhaji Umaru Ibrahim, gave the clarification, against the backdrop of growing anxiety over the fate of the institution.

The bank initially had its operating license revoked by the Central Bank of Nigeria (CBN) but challenged the …

Naira remains stable at ₦358 per dollar in parallel market

February 12, 2019 1:46 am

The Naira yesterday was stable at N358 per dollar in the parallel. However, the naira depreciated by 41kobo in the Investors and Exporters (I&E) window. Data from FMDQ showed that the indicative exchange rate for the window rose to N361.95 per dollar from N361.54 per dollar last week Friday translating to 41 kobo depreciation of the naira.

The depreciation was due to a 65 percent decline in volume of dollars traded which fell to $113.86 million from $328.4 million last week Friday.

(Vanguard)…

TRENDING

Breaking

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.

follow on social media

Facebook Twitter Youtube Telegram Linkedin

subscribe to newsletter

© 2018 - 2020 Africa digital news, New York
Powered by

People and Polity