Dollar to Naira Black Market Rate Hits N1730 as Fuel Price Dispute Escalates The dollar-to-naira exchange rate in Nigeria’s black market continues to rise, with Bureau de Change operators in Lagos buying at N1725 and selling at N1730 as of November 6, 2024. This parallel market rate remains significantly higher than the Central Bank of […]
Category archives: News
Nigeria’s Fuel Crisis: Oil Marketers Warn Against Dangote’s Monopoly Amid Rising Petrol Prices
Oil Marketers Warn Against Dangote Refinery Monopoly as Fuel Prices Surge in Nigeria As Nigerians struggle with soaring petrol prices, oil marketers are pushing back against a potential monopoly by the Dangote Petroleum Refinery. In a court case filed under number FHC/CS/ABJ/1324/2024, marketers including AYM Shafa, A.A. Rano, and Matrix Petroleum argue that allowing Dangote […]
CSOs Demand Probe Of Cabals Hindering Local Refineries
The Nigerian Coalition of Civil Society Organizations (NICOCSO) has called on President Bola Tinubu to urgently launch an investigation into cabals impeding the progress of local refineries and perpetuating the importation of Premium Motor Spirit (PMS). The coalition held a press conference in Abuja on Wednesday, 6th November 2024, to address the important national issue.NICOCSO’s […]
Coalition Dismisses Call For Sack Of NNPCL Boss
A coalition under the auspices of the Coalition of Civil Society Organisations Against Corruption, COCSOAC, Nigerian Professionals in Diaspora, NPID, and Bloggers respectively, came together, Wednesday, to vehemently condemn a section of the country calling on President Bola Tinubu to sack the Group Chief Executive Officer, GCEO, Nigerian National Petroleum Company Limited, NNPCL, Engr Mele […]
Tax Bills: Northern Group Slams Ndume
The Northern Redemption Coalition (NRC) has slammed the lawmaker representing Borno South Senatorial District in the National Assembly, Senator Ali Ndume, for attempting to force his views on the nation regarding the tax reform bills currently before the National Assembly. President Bola Tinubu sent four bills to the National Assembly, including the Nigeria Tax Bill […]
Dollar, Bitcoin Surge Amidst Expected Trump Win in U.S. Election
The value of the U.S. Dollar and Bitcoin surged significantly on November 6, 2024, as investors reacted to the expectation of a Donald Trump victory in the U.S. presidential election. The anticipation of a potential Republican win in key swing states caused a boost in market sentiment, contributing to what analysts are calling the “Trump […]
President Tinubu Announces Death of Army Chief, Lt. General Taoreed Abiodun Lagbaja
President Bola Ahmed Tinubu has confirmed the death of Lt. General Taoreed Abiodun Lagbaja, the Chief of Army Staff, at the age of 56. The news was made public in a statement by Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, early Wednesday. Lt. General Lagbaja passed away on Tuesday night in Lagos after […]
Kamala Harris Cancels Address as Campaign Awaits Final Vote Counts
Kamala Harris has decided to forgo an expected address at Howard University as her campaign continues to monitor vote counts in critical battleground states. Campaign co-chair Cedric Richmond informed supporters that Vice President Harris would not be speaking tonight, urging patience as final votes come in. “We still have votes to count and states that […]
FRSC to Acquire Helicopters and Drones for Patrol Amid Ember Months Preparations
The Federal Road Safety Corps (FRSC) has announced its plans to acquire helicopters to strengthen patrol operations through a public-private partnership initiative. Deputy Corps Marshal for Policy, Research, and Statistics, Clement Oladele, revealed this development during a press conference held in Abuja. Originally a long-term objective, the project is now moving closer to implementation. In […]
Super Eagles Coach Augustine Eguavoen Travels to Belgium for Medical Checkup
Super Eagles interim coach, Augustine Eguavoen, has traveled to Belgium for a routine medical checkup. According to reports by SCORENigeria, Eguavoen plans to join the Super Eagles in Abidjan for their training camp immediately after completing his appointment. The Super Eagles will face the Cheetahs of Benin Republic in a crucial Africa Cup of Nations […]