The Chief Press Secretary to Oyo State Governor, Seyi Makinde, Sulaimon Olanrewaju, has dismissed rumours of a rift between his principal and the Minister of the Federal Capital Territory (FCT), Nyesom Wike. Speaking on Sunday, Olanrewaju described the speculations as baseless, insisting that Makinde and Wike remain politically aligned. According to Punch, Olanrewaju, when asked … Read more
The Association of Licensed Telecom Operators in Nigeria (ALTON) has warned the Nigerian Labour Congress (NLC) to desist from its planned nationwide protest on February 4. The Telcom operators urged the Congress not to drive in the last nail in the coffin of an already ailing telecom sector. Speaking via its Chief Executive Officers and … Read more
The tragic passing of Dr. Ikenna Erinne, a Nigerian-born cardiologist based in the U.S has sparked widespread debate, with contrasting narratives emerging about the events leading up to his death. Initial reports suggested that Dr. Erinne died by suicide due to financial struggles, including an alleged $15,000 monthly child support order. However, Francis Van-Lare, the … Read more
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 2nd February, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira today in the black market? … Read more
The All Progressives Congress (APC) has urged Nigerians to prevent the opposition Peoples Democratic Party (PDP) from regaining power, warning of the negative consequences of a potential PDP comeback. Bala Ibrahim, the APC’s National Publicity Director, addressed reporters, stating that the damage caused by the PDP’s 16 years in power is still being felt nationwide. … Read more
Late U.S. President Jimmy Carter was honored with a posthumous Grammy Award on Sunday. Naija News reports that this marks his fourth career win in the Best Audiobook, Narration, and Storytelling Recording category for Last Sundays in Plains: A Centennial Celebration—a collection of his final Sunday school lessons in Plains, Georgia. Jimmy Carter, who passed away … Read more
The Nigerian equities market sustained the bullish trend recorded the previous week as investors gained N1.064 trillion on the trading floor of the Nigerian Exchange Group (NGX) last week. The bourse recorded gains in three of the five trading days as market capitalization increased to N64.7 trillion from N63.6 trillion recorded the previous week. Similarly, … Read more
The Vice-Chancellor of the Federal University, Gusau, Muazu Abubakar, has refuted allegations that members of the House of Representatives Committee on University Education demanded ₦480 million to approve federal universities’ 2025 budgets. Abubakar, in a letter dated January 27 and addressed to the committee’s chairman, Abubakar Fulata, stated that there was no truth to the … Read more
Justice Obiora Egwuatu of the Federal High Court, Abuja, has ruled that the Nigeria Customs Service (NCS) should stop the collection of excise duty on non-alcoholic carbonated sweetened beverages from members of the Nigeria Employers’ Consultative Association (NECA). The NECA members included Nigeria Bottling Company Limited (NBC) and Seven-Up Bottling Company Limited (SBC). According to … Read more
The Dangote Petroleum Refinery’s decision to reduce the ex-depot price of Premium Motor Spirit (PMS) from ₦950 to ₦890 per litre has come at a significant cost to petroleum marketers. Some marketers believe the price cut was a strategic response to warnings from traders who were considering importing cheaper foreign PMS due to its lower … Read more