Iran has prolonged the closure of its airspace, suspending all flights until Thursday morning, as it braces for potential Israeli retaliation following a missile attack launched by Tehran on Tuesday evening. The missile strikes targeted three Israeli air bases and the headquarters of the Israeli intelligence agency Mossad, in response to the reported killings of […]
Category archives: News
Ndume Urges President Tinubu to Employ Military Contractors Against Boko Haram
Senator Mohammed Ali Ndume, representing Borno South, has called on President Bola Ahmed Tinubu to consider hiring military contractors to assist in the fight against Boko Haram terrorists in Borno State. His plea follows a recent attack by the militants in Ngoshe, Gwoza Local Government Area, where six farmers were killed and five others, including […]
Current Dollar to Naira Exchange Rates and Concerns Over Rising Interest Rates
As of October 2, 2024, the black market exchange rate for the US dollar to the Nigerian naira has been reported at a buying rate of N1695 and a selling rate of N1700. This information was shared by sources within the Bureau De Change (BDC) and reflects rates as of October 1. The Central Bank […]
Port Harcourt Refinery Fails to Meet Production Rollout Deadline Again
The Nigerian National Petroleum Company Limited (NNPC) has missed yet another deadline to commence fuel production at the Port Harcourt refinery in Rivers State, marking the seventh time operations have been postponed. Promises from the Federal Ministry of Petroleum Resources and the NNPC regarding the refinery’s operational start have repeatedly fallen short. The NNPC’s Chief […]
Global Leaders Condemn Iran’s Missile Strikes on Israel
World leaders, including those from the US, Canada, Germany, and former British Prime Minister Rishi Sunak, have condemned Iran’s recent missile attacks on Israel. On Tuesday night, Iran launched approximately 200 missiles targeting key Israeli military bases. While no casualties were reported, Iran’s military claimed that 90% of the missiles hit their intended targets, including […]
Federal Government Publishes New Withholding Tax Regulations, Effective 2025
The Federal Government has officially gazetted the 2024 Withholding Tax Regulations, which will take effect on January 1, 2025. The new regulations provide tax relief for various businesses, including Small and Medium Enterprises (SMEs) with an annual turnover of less than ₦25 million, through rate reductions and exemptions from withholding tax. Chairman of the Presidential […]
Governor Abiodun Calls for Collective Action Amid Economic Challenges on Nigeria’s 64th Independence
Ogun State Governor, Dapo Abiodun, emphasized the urgent need for collective action to address Nigeria’s rising inflation, unemployment, and cost of living, which have fueled concerns about the country’s future. Speaking during the 64th Independence anniversary celebration in Abeokuta, Abiodun noted that the current challenges require immediate and sustained effort from both the government and […]
#October1Protest Fails to Hold in Kano After Arrest of Organizers
The anticipated October 1 protest in Kano, organized by the Nigerian Patriotic Front Movement (NPFM), did not take place following the reported arrest of five NPFM officials. The protest was meant to address the current hardships faced by Nigerians, but the arrest prevented the demonstration from going forward. As a result, many residents opted to […]
Normalcy in Kaduna as Residents Opt Out of #October1Fearless Protest
Kaduna State remained calm on October 1, 2024, as residents largely ignored the planned #October1Fearless protest. Despite initial concerns, businesses in Kaduna metropolis and surrounding areas continued to operate as usual, with shops in the Sheikh Abubakar Gumi Central Market open for business. While some residents observed the Independence Day holiday quietly, many carried on […]
Rivers Governor Fubara Rejects Blackmail, Vows Commitment to Progress on 64th Independence Day
Rivers State Governor, Siminalayi Fubara, declared that his administration will not yield to blackmail, reaffirming his dedication to delivering effective governance and advancing the state’s development. Speaking during Nigeria’s 64th Independence Day Parade in Port Harcourt, Fubara emphasized his focus on peace, governance, and economic progress. In a statement by his Chief Press Secretary, Nelson […]