Category archives: News

Nigeria’s Youth Minister Urges African Leaders to Embrace Holistic Youth Development

Nigeria’s Minister of Youth Development, Ayodele Olawande, has called on his counterparts across Africa to prioritize the development of youth in their nations. Olawande emphasized the importance of equipping the continent’s youth with the skills necessary to compete in the global economy and contribute to national growth. Speaking at the YouthConnekt Africa Summit held in […]

Building Materials Prices Double in a Year, Impacting Nigerian Construction Industry

The prices of essential building materials, including cement, blocks, and paint, have surged over 100% in the past year, creating hurdles for developers and homeowners. This steep increase, noted in a recent report, is putting pressure on the construction sector, with many large projects facing delays or budget challenges. In response, the House of Representatives […]

Black Market Dollar to Naira Exchange Rate Today, 11th November 2024

Dollar to Naira Black Market Exchange Rate for 11th November 2024 The exchange rate for the dollar to naira at the black market has remained volatile. As of today, 11th November 2024, players in Lagos’s parallel market are buying dollars at ₦1735 and selling them at ₦1740. Despite fluctuations, the Central Bank of Nigeria (CBN) […]

Petrol Landing Cost Drops by 20%, Yet Retail Prices Continue to Soar

The cost of landing Premium Motor Spirit (PMS), or petrol, in Nigeria has dropped by 20.34% to ₦971.57 per litre over the past three months, driven by shifts in the global oil market and supply chain adjustments. However, despite this decrease, retail petrol prices in Nigeria have spiked significantly, reaching ₦1,060 per litre at NNPCL […]

NNPP Condemns Kwankwaso’s Visit to Governor Otti Amid Growing Internal Tensions

The New Nigeria Peoples Party (NNPP) has criticized former presidential candidate Rabiu Musa Kwankwaso’s recent visit to Abia State Governor Alex Otti, labeling it a “deceptive ploy” tied to a court ruling affecting the party’s leadership. During an emergency meeting in Lagos, the NNPP’s National Working Committee (NWC) condemned the November 9 visit and stressed […]

Black Market Dollar to Naira Rate Today – 10th November 2024

Dollar to Naira Exchange Rate Today – 10th November 2024 The black market (parallel market) exchange rate for the Dollar to Naira, as of 10th November 2024, is provided below. Discover the current buying and selling rates for exchanging dollars in Nigeria’s informal market. Dollar to Naira Rate Today (Parallel Market) These rates indicate the […]

First Lady Remi Tinubu Refutes Claims of Organizing National Prayer Event

Nigeria’s First Lady, Senator Oluremi Tinubu, has denied reports suggesting she is organizing a national prayer event alongside National Security Adviser Nuhu Ribadu. According to a statement released by her Senior Special Adviser on Media, Busola Kukoyi, the circulating claims are “unfounded and misleading.” The statement clarified that while Senator Tinubu, a strong advocate for […]

NAF Air Strikes Eliminate 70 Terrorists in Borno; Troops Dismantle 83 Illegal Refining Sites Nationwide

The Nigerian Air Force (NAF) recently conducted targeted air strikes in Borno State, resulting in the deaths of 70 terrorists in Kwallaram and Arianna Ciki islands, according to Major General Edward Buba, Director of Defence Media Operations. The strikes, carried out on November 6, were part of a nationwide security operation that also led to […]

Ngozi Okonjo-Iweala Set to Secure Second Term as WTO Director-General with No Contenders

The World Trade Organization (WTO) has confirmed Ngozi Okonjo-Iweala as the only candidate for the Director-General role, paving the way for her reappointment as her first term nears its end. Okonjo-Iweala, who announced her willingness to serve another four-year term on September 16, faces no competition after the November 8 nomination deadline passed without any […]