Somalia’s Ambassador to Nigeria, Jamal Mohammed, has emphasized that Nigeria holds the key to addressing many of Somalia’s needs. During a recent visit by international data protection experts from Somalia, Mohammed highlighted Nigeria’s extensive knowledge and resources that could significantly benefit Somalia. The visit was part of a study tour aimed at understanding Nigeria’s data […]
Category archives: News
Police Respond to Claims of IGP Egbetokun’s Tenure Extension
The Nigeria Police Force has addressed recent reports suggesting that President Bola Tinubu has extended the tenure of Inspector-General of Police (IGP) Kayode Egbetokun by three years. According to a source cited by Daily Trust, the tenure extension was officially communicated to Egbetokun by the Secretary to the Government of the Federation (SGF), George Akume, […]
APC Leadership Showdown: Tinubu, Buhari, and Other Top Figures to Determine Ganduje’s Future
The future of Abdullahi Ganduje as the National Chairman of the All Progressives Congress (APC) is set to be a major topic of debate during the party’s upcoming caucus and National Executive Committee (NEC) meetings on September 11 and 12. The issue has sparked significant internal discussions, as revealed by the APC’s National Secretary, Dr. […]
Floods threaten Tinubu’s food security programmes — N-HYPERDEC boss
Abubakar Sadiq-Yelwa, Managing Director of the National Hydro-electric Power Producing Areas Development Commission (N-HYPPADEC), has raised concerns about the threat posed by the ongoing floods in Nigeria to President Bola Tinubu’s food security initiatives. The floods have significantly impacted N-HYPPADEC member states, resulting in the displacement of thousands of farmers and the destruction of vast […]
Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 3rd September 2024 is same as September 2nd 2024:
In contrast, the Central Bank of Nigeria (CBN) exchange rates were slightly lower: It’s important to note that the CBN does not recognize the parallel (black) market and advises individuals to conduct foreign exchange transactions through official banking channels. Exchange rates may vary depending on the specific location and Bureau De Change (BDC) operators.
Fuel Prices May Surge Above N1,000 as NNPC Faces Financial Strain and Import Uncertainty
The cost of Premium Motor Spirit (PMS), commonly known as petrol, may soon exceed N1,000 per litre at filling stations as prices at private depots have surged to between N920 and N950 per litre. This development has sparked fears of an imminent increase in pump prices. Amid the growing concerns, protesters took to the streets […]
Doyin Okupe Defends Tinubu’s Victory, Claims All Nigerian Elections Have Been Rigged
Doyin Okupe, former Director-General of the Labour Party’s presidential campaign organization in the 2023 elections, has claimed that all elections in Nigeria have been rigged to some extent. The only exception, according to Okupe, might have been the annulled 1993 election, which was won by the late Chief MKO Abiola. Okupe made these remarks on […]
Police Declare Briton and Nigerian Wanted for Alleged Plot to Overthrow Nigerian Government
The Nigeria Police Force has declared British national Andrew Wynne, also known as Andrew Povich, and Nigerian Lucky Obiyan wanted for allegedly attempting to overthrow the democratically elected government of Nigeria. The police accuse Wynne of building a network of sleeper cells and using a school as a cover to facilitate his plans. Key Points: […]
Nigeria’s Foreign Trade Payments Drop by 57% Amid Forex Crisis
Nigeria’s foreign trade payments, made via Letters of Credit (LCs), have plummeted by 57.04% in the first seven months of 2024, totaling $391.91 million compared to $912.35 million in the same period in 2023. This significant decline, highlighted in the Central Bank of Nigeria’s (CBN) weekly International Payments Data, reflects the ongoing foreign exchange (forex) […]
Dangote Refinery Set to Launch Petrol Sales After Successful Test Run
The Dangote Petroleum Refinery is poised to begin selling Premium Motor Spirit (PMS), commonly known as petrol, following a successful test run of the product, The PUNCH has learned. The 650,000-barrel-per-day refinery is now in the final stages of rolling out its first commercial batch of fuel. Industry insiders have confirmed that the product will […]