The Imo State Government has firmly dismissed circulating posters suggesting that Governor Hope Uzodinma is being considered as the running mate to All Progressives Congress (APC) National Chairman, Abdullahi Umar Ganduje, for the 2027 presidential election. The government labeled these claims as “fake, malicious, and aimed at causing disaffection” between Governor Uzodinma and President Bola […]
Category archives: News
The Matawalle Effect: Reviving DICON’s Strategic Role in Nigeria’s Defence Capabilities
As a teenager living in Kaduna in the 1990s, with an uncle who was a Colonel in the Nigerian Army, I was often puzzled by the annual Christmas gift we received from him—a bag of salt from the Defence Industries Corporation of Nigeria (DICON). Given my understanding that DICON stood for Defence Industries Corporation of […]
Power Minister Adelabu Reveals Threats Over Reforms, Boosts National Grid by 1,000MW
The Minister of Power, Adebayo Adelabu, disclosed that his reforms in the power sector have led to an increase of over 1,000MW in the national grid’s capacity within his first year in office. However, he also revealed that he has been receiving threatening calls from unknown individuals who are opposed to the progress being made. […]
President Tinubu to Embark on France Trip Aboard New Presidential Jet Released by Chinese Firm
President Bola Tinubu is set to depart Abuja today, August 19, 2024, for a trip to Paris, France, marking his first official use of Nigeria’s newly acquired presidential jet. This was confirmed in a statement by his spokesperson, Ajuri Ngelale, on Sunday night. While details of Tinubu’s engagements in France remain undisclosed, it was noted […]
Black Market Dollar to Naira Exchange Rate for August 19, 2024
As of today, August 19, 2024, the black market exchange rate for the dollar to naira (Aboki FX) in Lagos is as follows: These rates are sourced from Bureau De Change (BDC) operators. It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market and advises individuals […]
We’ll create friendly environment for private investors, state economic boost — Aiyedatiwa
An Evening with the Governor,” Governor Lucky Aiyedatiwa of Ondo State reaffirmed his administration’s commitment to creating a favorable environment for private investors as a strategy to drive economic growth and development in the state. The engagement, held at the International Centre for Culture and Events in Akure, was organized by the group “Friends of […]
ECOWAS Takes Diplomatic Steps to Prevent Niger, Mali, and Burkina Faso from Exiting
The Economic Community of West African States (ECOWAS) Parliament is intensifying diplomatic efforts to dissuade Niger, Mali, and Burkina Faso from withdrawing from the regional bloc. This initiative is being led by Benjamin Kalu, the Deputy Speaker of Nigeria’s House of Representatives, who has emphasized the importance of maintaining unity within ECOWAS. Key Developments: These […]
NDLEA Intercepts Cocaine and Other Drugs at Nigerian Airports and Ports
The National Drug Law Enforcement Agency (NDLEA) has made significant drug-related arrests and seizures in recent operations across Nigeria, targeting international drug traffickers and large shipments of illicit substances. Key Arrests and Seizures: These operations highlight NDLEA’s ongoing efforts to curb drug trafficking within and outside Nigeria, targeting both local distributors and international drug couriers. […]
Former Ogun State Governors Respond to Seized Presidential Jets Controversy
The seizure of three Nigerian presidential jets in Paris, including a recently purchased Airbus A330, has sparked reactions from two former Ogun State governors, Ibikunle Amosun and Gbenga Daniel. The jets were confiscated following a legal dispute involving Zhongfu International Investment Co. Ltd, a Chinese company whose contract was terminated by the Ogun State government […]
Economic Challenges Cause 65% Drop in UK University Deposits by Nigerian Students
The financial strain in Nigeria has led to a significant 65% decrease in deposits made by Nigerian students for the upcoming academic session in UK universities, starting in September 2024, according to a report by the Financial Times of London. This decline is mirrored by a 44% drop in payments from Indian students, another major […]