Former Vice President Atiku Abubakar has called out President Bola Tinubu for allegedly giving his nephew undue advantage in the acquisition of significant oil assets in Nigeria. In a statement released by his Special Assistant on Public Communication, Phrank Shaibu, Atiku questioned why Oando Plc, a company owned by Tinubu’s nephew, received expedited approval to […]
Category archives: News
Nigeria Enlists Business Titans Dangote, Otedola, Elumelu to Lead Fight Against Malaria
The Nigerian government has appointed three of the nation’s most prominent business leaders—Aliko Dangote of Dangote Group, Tony Elumelu of Heirs Holdings, and Femi Otedola of Geregu Power Plc—to lead the charge against malaria through the Nigeria End Malaria Council (NEMC). The NEMC, established in 2017 and officially launched by former President Muhammadu Buhari on […]
SERAP Urges Governors, Wike to Disclose Details of Chinese Loans
The Socio-Economic Rights and Accountability Project (SERAP) has called on all 36 state governors and the Minister of the Federal Capital Territory (FCT), Nyesom Wike, to disclose comprehensive details regarding any Chinese loans, liabilities, and other external borrowings obtained and guaranteed by the Federal Government. SERAP also requested information on debt restructuring, loan terms and […]
Canada Accepts 1,500 Nigerian Asylum Seekers in 15 Months – Report
Summary:Canada’s Immigration and Refugee Board (IRB) granted asylum to 1,467 Nigerians between January 2023 and March 2024. This brings the total number of successful asylum claims by Nigerians to 11,370 since 2012, according to data from the IRB’s Refugee Protection Division. The IRB grants refugee protection based on criteria established by the United Nations, which […]
Black Market Dollar to Naira Exchange Rate – 25th August 2024
Summary:The black market exchange rate for the US Dollar (USD) to Nigerian Naira (NGN) on 25th August 2024 is as follows: These rates are sourced from Bureau De Change (BDC) operators in Lagos. It’s important to note that the Central Bank of Nigeria (CBN) does not recognize the black market. For official forex transactions, individuals […]
Aircraft Seizure a Temporary Setback, Says Adebayo Amid Legal Battle
Prince Adewole Ebenezer Adebayo, an international lawyer and former presidential candidate of the Social Democratic Party (SDP) in the 2023 election, has described the recent seizure of a Nigerian aircraft in France as a “temporary embarrassment.” In an interview, Adebayo explained that the legal dispute stems from a conflict between the Ogun State government and […]
Tinubu Seeks to Mend Fences with Northern Leaders Amid Rising Discontent
President Bola Tinubu is reportedly taking steps to win back the support of northern political leaders who have expressed dissatisfaction with his administration. According to sources close to the presidency, a series of initiatives are being rolled out to address concerns of alleged nepotism and marginalization that have been raised by these leaders. The discontent […]
Telegram CEO Pavel Durov Arrested in France Over Alleged Criminal Activity Facilitation
Pavel Durov, the billionaire founder and CEO of Telegram, was reportedly arrested on Saturday evening at Bourget Airport near Paris. French news outlets TF1 and BFM TV revealed that Durov was detained under a French warrant related to an investigation into Telegram’s alleged involvement in facilitating various criminal activities, including terrorism, drug trafficking, and fraud. […]
NIA Director General Ahmed Rufai Abubakar Resigns, Submits Letter to President Tinubu
Ahmed Rufai Abubakar, the Director General of the National Intelligence Agency (NIA), has submitted his resignation to President Bola Tinubu. The resignation was tendered on Saturday at the Presidential Villa in Abuja. Appointed by former President Muhammadu Buhari in 2018, Abubakar is a retired career Foreign Service officer who previously served as the Senior Special […]
Dino Melaye Accuses PDP Leadership of Irreparably Damaging the PartyNew Title:
Former Kogi West senator, Dino Melaye, has accused three key figures within the Peoples Democratic Party (PDP) of irreversibly damaging the party. In a statement posted on his X account, Melaye pointed fingers at PDP National Chairman Iliya Damagum, National Secretary Samuel Anyanwu, and Organizing Secretary Umar Bature for their roles in what he described […]