Naira records highest single-day depreciation against US dollar
The Nigerian Naira fell sharply against the US dollar on Monday, marking its largest single-day depreciation this year. At the official exchange rate, the currency dropped to N1,378.03 per dollar, down from N1,363.39 on Friday. In the black market, the Naira also weakened, closing at N1,380 per dollar, down N5 from last week, narrowing the […]
Lagos NULGE members demand suspension of state president amid EFCC probe
Members of the Lagos State chapter of the Nigeria Union of Local Government Employees (NULGE) have called for the immediate suspension of State President Comrade Sunday Sewanu Ogunfowora pending an EFCC investigation into alleged financial misconduct. In a letter to the union’s national leadership, the members cited Rule 27(ii) of the NULGE constitution, which mandates […]
Nigeria Inks $1.3 Billion AFC Pact For New Alumina Refinery
Nigeria’s federal government has partnered with the Africa Finance Corporation (AFC) to invest $1.3 billion in a new alumina refinery and two strategic mining projects aimed at expanding the country’s solid minerals sector. The announcement was made in Abuja by the Minister of Solid Minerals Development, Dele Alake. The alumina refinery will process 1 million […]
Niger: Governor addresses Minna’s power, water shortages
The Arewa Consultative Forum (ACF) has raised concerns over threats to democracy in Nigeria amid controversies surrounding the Electoral Act Amendment Bills in the National Assembly. The forum insists that real-time transmission of election results is crucial to improving transparency and strengthening democratic processes. ACF’s National Publicity Secretary, Prof. T. A. Muhammad-Baba, claimed that external […]
Nollywood actor, Ijebu calls for King Mitchy’s arrest over alleged suicide attempt
Nollywood actor Tayo Amokade has called for the arrest of content creator Mukoro Mitchelle following her alleged suicide attempt during a TikTok live. King Mitchy reportedly drank hypo amid a social media feud with VeryDarkMan. Ijebu highlighted the dangers of the viral trend, warning that hypo, a household cleaning product, is being misused by teenagers […]
War: Nigerian govt issues urgent safety advisory to citizens in Iran, Gulf States
The Nigerian Government has issued an urgent safety advisory to its citizens in Iran and neighbouring Gulf states amid escalating military tensions following US and Israeli airstrikes and Iran’s retaliatory actions. The Ministry of Foreign Affairs urged Nigerians to stay alert, avoid areas near military or government installations, limit non-essential travel, and follow instructions from […]
Alleged N33.8bn fraud: Court bars Mamman’s lawyer from recalling prosecution witness
The Federal High Court in Maitama, Abuja, barred the defence in former Power Minister Saleh Mamman’s trial from recalling a prosecution witness in the alleged N33.8 billion fraud case. Justice James Omotosho said the procedure was inconsistent with legal practice. Defence lawyer Femi Atteh, SAN, had requested that Abdulkareem Ibrahim Ozi, previously Prosecution Witness 2, […]
Nigerian Christians bear brunt of persecution’ – Rep Moore asks Trump to act
US Congressman Riley Moore has called on former President Donald Trump to act decisively, saying Nigerian Christians face disproportionate attacks by Fulani militias and terrorist groups. He claims Christians are five times more likely to be killed than other groups. Moore highlighted that attacks often target pastors, priests, schools, and churches, especially on holy days, […]
Nigeria’s N152tn debt largely inherited – Edun tells Senate
The Minister of Finance, Wale Edun, told the Senate that Nigeria’s N152 trillion debt is mostly inherited, with only about N20 trillion borrowed since 2023. Exchange rate fluctuations also increased the naira value of foreign loans, contributing to the debt growth. Edun explained that the proposed N58.472 trillion 2026 budget focuses on growth-enhancing projects aimed […]
FG: Nigeria ready for state police reform
The Federal Government has affirmed Nigeria’s readiness for state police, with President Bola Tinubu advocating for decentralised policing once constitutional amendments are passed. The move aims to address rising insecurity across the country. Minister of Information, Mohammed Idris, highlighted the importance of improved communication systems alongside security reforms, noting that timely digital information is critical […]