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Russia has pulled out of the Council of the Baltic Sea States (CBSS) with immediate effect. The Council had on March 3 suspended Russia from its activities over the Kremlin’s military operation in Ukraine. President Vladimir Putin had on February 24 ordered the invasion of Ukraine a few days after announcing Moscow’s recognition of two […]

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A Kenyan online and offline payment gateway startup, FlexPay, has announced raising an undisclosed funding round from Cairo Angels Syndicate Fund to accelerate its growth. The undisclosed funding was confirmed by Richard Machomba, founder and CEO of FlexPay in a statement seen by Ripples Nigeria on Tuesday. The round is Cairo Angels’ first investment in […]

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Nigerian currency continues its poor performance, this time at the official market as it dropped to a new low of N421.50 to a dollar at the Investors and Exporters (I&E) segment of the market on Monday. Monday performance indicates a depreciation of 0.6 per cent or N2.50 against the US Dollar when compared to Friday’s […]

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Veteran Nollywood actor Uche Odoputa, has taken to Instagram platform to seek help following the abduction of his father, Kenneth Odoputa. In a post he shared on his IG platform on Monday, the Nollywood star noted that his father had been in the kidnappers’ den for two weeks. Read also: Actor Stanley Nweze accuses AMVCA organizers […]

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The Christian Association of Nigeria (CAN) on Monday urged Christians across Nigeria to respect other religious beliefs in the country. The CAN President, Samson Ayokunle, made the call when he featured in a programme on Arise TV. He was reacting to the gruesome murder of a female student of Shehu Shagari College of Education, Sokoto, […]

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Police operatives in Anambra on Monday killed two gunmen allegedly enforcing sit-at-home order in the state. The Indigenous People of Biafra (IPOB) ordered the sit-at-home in the South-East last year in a bid to force the Federal Government to release its detained leader, Nnamdi Kanu, who is standing trial for alleged treasonable felony at the […]

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Arsenal are on the verge of finishing outside the top four of the Premier League after they were beaten 2-0 by Newcastle United on Monday night. The Gunners have been aiming for a top four finish this season, being in a stiff battle with city rivals Tottenham Hotspur, whom they lost to last weekend to […]

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As investors exited their investment in Guinness, demand for Champion Brew, International Breweries and Nigerian Breweries in the capital market rose, as rivals gained from Guinness’ loss. The capital market confidence towards Guinness slumped last week, hence, investors snubbing the firm, while investing in the company’s market rival. According to analysis by Ripples Nigeria, investors […]

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Investors at the Nigerian capital market lost N83.2 billion at the close of trading on Monday. Due to sell-off in many of the entities at the capital market, the equity capitalisation crashed by -0.29% to close at N28.54 trillion, down from N28.62 trillion posted on Friday. Similarly, the All-Share Index dropped 154.37 basis points to […]

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