Leading blog covering news, politics, current events, and culture with in-depth analysis and commentary in Africa and the diaspora.
By Kimma Wreh The Offshore Technology Conference (OTC), a cornerstone event within the energy sector, commenced in Houston, Texas, from May 6 to 9, 2024, hosted at the NRG Stadium. Since its inception in 1969, OTC has evolved into a paramount platform where professionals from the energy industry convene to exchange insights, experiences, and visions….
Binance Crypto Boss Changpeng Zhao Sentenced to 4-month in Prison The founder of the world’s largest crypto exchange has been sentenced to four months in prison for allowing criminals to launder money on his platform. Changpeng Zhao resigned from Binance in November and pleaded guilty to violating US money laundering laws. Binance was ordered to…
Zambia and Caribbean Gateway Investment Group Mull Potential Partnership By Boniface Ihiasota, USA In a high-level meeting at the Embassy of the Republic of Zambia in Washington DC, Ambassador Extraordinary and Plenipotentiary, Chibamba F. Kanyama, has engaged in discussions with the Caribbean Gateway Investment Group and Excel Global Media Group Inc., led by Ambassador Tochil…
Dubai Airport Faces Unprecedented Disruption as Deadly Floods Sweep Gulf Region Heavy rains have caused severe flooding across the Gulf states, resulting in at least 20 persons killed and significant disruptions at Dubai International Airport, the world’s second-busiest air hub, gathered Excel Magazine International. This medium further learnt that the Dubai International Airport is grappling…
Concerns, Questions Arise as CBN Sacks Another 40 Directors The Central Bank of Nigeria (CBN) has taken further steps in its ongoing restructuring by terminating the employment of 40 staff, primarily from the development finance department (DFD), according to an authoritative report from Daily Trust. Details regarding the affected individuals remain limited due to the…
Grenada’s Ambassador Francis Welcomes Caribbean Investment Group for Investment Talks in US By Boniface Ihiasota USA H.E. Tarlie Francis, the Ambassador of Grenada to the United States, alongside Dr. Wendell Cornwall, the Counselor/Alternative Representative of Grenada, welcomed a delegation from the Caribbean Gateway Investment Group in Washington DC on Monday. Led by Ambassador Tochil Nwaneri,…
JUST IN: Nigeria Lifts Sanctions on Niger, Reopens Borders President Bola Tinubu has directed the reopening of Nigeria’s land and air borders with the Republic of Niger and the lifting of other sanctions against the country, Excel Magazine International reports. A statement signed by his Special Adviser on Media and Publicity, Ajuri Ngelale, announced the…
Oyo Govt Bans Styrofoam The Oyo State Government has taken a decisive step towards enhancing food safety standards by prohibiting the use of styrofoam for food services, storage, and related purposes. This move, announced by the Commissioner for Health, Oluwaserimi Ajetunmobi, during the Food Safety Stakeholders Forum and the inauguration of the Food Safety Compliance…
Bitcoin Smashes Records, Surpasses $69,000 Mark The world’s leading cryptocurrency, Bitcoin, has achieved a remarkable milestone by reaching a new all-time high, surpassing the $69,000 mark, Excel Magazine International observes. This surge eclipses its previous record set in November 2021, a period when Bitcoin’s value had plummeted to $16,500 by 2022. This recent surge in…
Naira Appreciates in Official Foreign Exchange Market The Nigerian naira has Thursday experienced a notable appreciation, reaching N1,595.11 per dollar in the official Nigerian Foreign Exchange Market (NAFEM). This increase, Excel Magazine International observes, contrasts with the NAFEM exchange rate surpassing the parallel market exchange rate, which closed at N1,490 per dollar on the same…