The National Sports Commission (NSC) has reshuffled 57 Secretary-Generals and officers across various National Sports Federations in a strategic move to enhance the sector’s functionality and attract investments. Highlights: This directive underscores NSC’s commitment to revitalizing the sports sector, fostering innovation, and boosting Nigeria’s sports economy.
Author archives: Gloria
La Liga Registers Dani Olmo and Pau Victor as Barcelona Players
Published on January 9, 2025, by Ernest Victor In a significant turn of events, La Liga has officially registered Dani Olmo and Pau Victor as FC Barcelona players following intervention by the Higher Sports Council (CSD). This decision resolves weeks of disputes during which Barcelona’s registration attempts were repeatedly denied. Highlights: This development strengthens Barcelona’s […]
US Supreme Court Rejects Trump’s Bid to Block Hush Money Sentencing
In a landmark decision, the US Supreme Court denied an emergency request by Donald Trump to halt his sentencing in the hush money case involving payments to Stormy Daniels. The 5-4 ruling emphasized the minimal burden the sentencing would impose on Trump’s president-elect duties, as he can attend virtually.
Nigeria Partners with China for Local Arms Production and Military Training
In a significant move to address security challenges, the Nigerian government has unveiled plans to enhance its defense collaboration with China. This partnership focuses on local arms production and military training as part of Nigeria’s broader strategy to combat terrorism and insecurity within the country and across the region. Key Details: This collaboration represents a […]
NESG Report: Nigeria’s Inflation Rate Expected to Drop to 27% by December 2025
Key Forecasts: Nigeria’s headline inflation rate is projected to average 30.5% year-on-year in 2025, with a gradual decline to 27.1% by December, according to the NESG-Stanbic IBTC Business Confidence Monitor report. The forecast hinges on a reduction in the impact of high petrol prices on inflation metrics, provided there are no unexpected disruptions in fuel […]
Black Market Exchange Rates: Dollar to Naira Today – January 10, 2025
Current Black Market Dollar to Naira RatesCurious about the Dollar to Naira exchange rate in the parallel (black) market? Here’s the latest update for January 8, 2025. Exchange Rates (Black Market): Central Bank of Nigeria (CBN) Rates: It’s important to note that the Central Bank of Nigeria (CBN) does not endorse black market transactions, urging […]
Federal Government Urges Governors to Ramp Up Efforts to Eradicate Open Defecation in Five Years
The Federal Government has called on state governors to intensify efforts toward eliminating open defecation nationwide within the next five years. Vice President Kashim Shettima, represented by Deputy Chief of Staff Senator Ibrahim Hassan Hadejia, made this appeal during the 5th anniversary of the Clean Nigeria: Use the Toilet campaign in Abuja. Shettima emphasized that […]
Kogi State Moves to Hold Landlords Accountable for Renting to Internet Fraudsters
The Kogi State Government has announced plans to address the issue of property owners renting to individuals involved in internet fraud, popularly known as Yahoo Boys. Hon. Abanika Taiye, the Commissioner for Housing and Urban Development, disclosed this initiative during a press briefing in Lokoja on Tuesday. This comes ahead of a two-day stakeholders’ symposium […]
Abuja Residents Block Streets After Security Raid, One Feared Dead
Residents of Abuja’s Wuse Zone 5 have taken to the streets in protest following a security raid that targeted suspected drug dealers in the area. The demonstrations, which occurred on Mobassa Street, involved the burning of tyres and the blocking of major roads. According to a local resident, the raid resulted in a gunshot, leaving […]
Black Market Dollar to Naira Exchange Rate and Economic Concerns in Nigeria: November 20, 2024
1. Black Market Dollar to Naira Exchange Rate Today As of Tuesday, November 19, 2024, the exchange rate in Lagos’ black market saw the U.S. Dollar trading for ₦1,738 for buying and ₦1,740 for selling. These figures come from sources within Bureau De Change (BDC) circles. While the black market exchange rate reflects current street […]