Senate’s Investigation into Financial Misconduct The Nigerian Senate has initiated a thorough investigation into financial discrepancies involving federal government agencies, amounting to ₦105.66 billion. This probe follows concerns raised by the Auditor General of the Federation regarding improper financial practices. Details of the Allegations In his recent annual report on the financial operations of public […]
Category archives: News
Makinde Responds to APC’s Southwest Takeover Plans: “We Reject Your Curse
Tensions Rise Over APC’s Plans for the Southwest Oyo State Governor, Seyi Makinde, has criticized the All Progressives Congress (APC) national chairman, Abdullahi Ganduje, following his recent declaration that the ruling party aims to secure political dominance in the Southwest by unseating the Peoples Democratic Party (PDP) from Oyo and Osun states. Ganduje’s Takeover Ambitions […]
Latest Petrol Price Update and Fuel Scarcity News in Nigeria for November 19, 2024
Overview of Nigeria’s Fuel Situation As Nigerians continue to cope with rising fuel prices, Naija News provides the latest updates on petrol costs, fuel supply, and the public’s response to government policies. Petrol Prices Declining Amid Competition – IPMAN Recent deregulation in Nigeria’s downstream oil sector has led to a slow decrease in petrol prices, […]
Nigerian Newspaper Headlines for Tuesday, November 19, 2024
Top Stories from Nigeria’s Major Newspapers: The PUNCH The Presidency responded to former President Olusegun Obasanjo’s remarks that corruption in Nigeria has worsened. The Presidency dismissed Obasanjo’s call to remove the Independent National Electoral Commission (INEC) Chairman, Prof. Mahmood Yakubu, over his handling of the 2023 elections, labeling it as a baseless accusation. Vanguard The […]
Dollar to Naira Exchange Rate Today, November 19, 2024: Black Market vs CBN Rates
Current Dollar to Naira Exchange Rate What is the current exchange rate between the Dollar and the Naira in the black market, also known as the parallel market (Aboki fx)? Below are the black market rates for November 18, 2024, which indicate the buying and selling prices for converting your dollar to Naira. Black Market […]
China’scourier industry sets new record on “Double 11” online shopping festival
By Han Xin, People’s Daily China’s courier industry just entered a high season as the annual “Double 11” online shopping festival came to an end. According to the State Post Bureau, around 12.08 billion express parcels were collected across the country between Oct. 21 and Nov. 10, up 21.4 percent from a year ago. The […]
Dollar to Naira Exchange Rate Update: November 17, 2024
Black Market Dollar to Naira Exchange RateAs of Saturday, November 16, 2024, the Dollar to Naira exchange rate in Lagos’ parallel market (Black Market) was: Please note that these rates can vary depending on the location and source. The Central Bank of Nigeria (CBN) does not acknowledge the black market for Forex transactions and recommends […]
Retired Colonel Recounts Clash with Buhari: “Either I Leave the Army, or You Leave”
Retired Colonel Babatunde Bello-Fadile, Nigeria’s first military lawyer, has shared a dramatic episode from his military career involving former President Muhammadu Buhari. In his recently published memoir, Nine Lives: The Bello-Fadile Memoirs, the retired colonel described a confrontation with Buhari, who was then a senior military officer, over a contentious letter written in 1981. At […]
Weekly Food Prices in Nigeria: Rice, Beans, Tomatoes, and More
As the Christmas season approaches, many Nigerians are bracing for a potential rise in the prices of essential food commodities like rice, beans, and tomatoes. It’s common for the festive season to prompt panic buying and bulk purchases, leading to increased demand and potential supply chain issues. Market traders across Nigeria are already expressing concerns […]
PDP’s Segun Showunmi Urges Party to Stop Blame Game: “We Are Our Own Enemies”
Segun Showunmi, a former governorship aspirant from the Peoples Democratic Party (PDP) in Ogun State, has called for a major overhaul of the party, citing recent election losses as evidence of internal failure. In a post on his X (formerly Twitter) account on Monday, Showunmi expressed concerns that the PDP has become its own worst […]