The North Central All Progressives Congress (APC) Forum has put a pause on its demand for the ousting of Abdullahi Ganduje as the party’s National Chairman in light of the upcoming National Executive Committee (NEC) meeting. Previously, the forum had strongly opposed Ganduje’s appointment, claiming that the chairmanship should belong to the North Central region […]
Category archives: News
Air Peace CEO Praises Government’s Efforts to Enhance Aviation Business Viability
Allen Onyema, the CEO of Air Peace, has lauded the Federal Government for its commitment to creating a viable business environment in the aviation sector. His remarks followed a meeting with Vice President Kashim Shettima at the Presidential Villa in Abuja on Tuesday. In a discussion with reporters, Onyema shared that the vice president emphasized […]
President Tinubu Celebrates Wahid Oshodi’s Unanimous Election as ATTF President
President Bola Tinubu has expressed immense pride in Wahid Oshodi’s election as the President of the African Table Tennis Federation (ATTF). Oshodi was unanimously elected during the 2024 Annual General Meeting held in Addis Ababa, Ethiopia, on Tuesday, October 15, marking a historic achievement for both Nigeria and the African table tennis community. Nominated by […]
NNPCL Denies Petrol Price Agreement With IPMAN, Insists on Market-Driven Pricing
The Nigerian National Petroleum Company Limited (NNPCL) has refuted claims of reaching a price agreement for Premium Motor Spirit (PMS), commonly known as petrol, with the Independent Petroleum Marketers Association of Nigeria (IPMAN) or any other stakeholders. This clarification follows a statement made by IPMAN President, Abubakar Maigandi, suggesting that NNPCL had agreed to reduce […]
Oyedepo Warns Critics to ‘Be Quiet’ Over Church Leadership Retirements
Bishop David Oyedepo, founder of the Living Faith Church (Winners Chapel), has issued a strong warning to those criticizing the church’s leadership over the recent retirement of its bishops. This comes after the announcement that Bishops Thomas Aremu and David Abioye, both long-serving vice presidents, would retire after decades of ministry. The retirements align with […]
Okpella Monarch: Obaseki Ratified Kingmakers Decision, End 5years leadership Vacuum
By Nasamu Johnson The recent allegations against Governor Godwin Obaseki’s involvement in the Okpella monarch’s selection process are unfounded and misrepresents the facts. Contrary to claims of politicization, Governor Obaseki acted upon the decision and recommendations of the Kingmakers, who completed the established traditional customs and procedures. The Kingmakers, representing the entire Okpella community, carried […]
MTN, Other Multinational Firms Urge FG to Allow Tariff Increases Amid Economic Challenges
MTN Nigeria and other multinational business leaders are appealing to the Federal Government to allow price adjustments in the telecommunications sector to sustain their investments in the country. Speaking at the 30th Nigerian Economic Summit in Abuja, MTN’s Chief Financial Officer, Modupe Kadri, emphasized that telecom companies have been unable to raise their prices for […]
Dollar to Naira Black Market Exchange Rate Today, October 16, 2024
As of Tuesday, October 15, 2024, the black market (parallel market) exchange rate for the U.S. dollar to the Nigerian naira was ₦1663 for buying and ₦1670 for selling at the Lagos Parallel Market, according to Bureau De Change (BDC) sources. Black Market Dollar to Naira Exchange Rate: CBN Official Exchange Rate: Please note that […]
No National Grid Collapse, Only Line Tripping – Power Minister Clarifies Nationwide Blackout
The Minister of Power, Adebayo Adelabu, has dismissed claims that Nigeria’s national grid collapsed twice within 24 hours, clarifying that the incident was merely a line tripping. Adelabu explained that what happened was not a full grid collapse, as the major cities of Abuja, Lagos, and Ibadan were unaffected, and the issue was resolved within […]
World Bank Lists Naira Among Sub-Saharan Africa’s Worst-Performing Currencies
The Nigerian naira has been ranked as one of the worst-performing currencies in Sub-Saharan Africa for 2024, according to the latest report by the World Bank. By August 2024, the naira had depreciated by about 43% year-to-date, placing it in the same category as the Ethiopian birr and the South Sudanese pound. This steep decline […]