As of October 1, 2024, the dollar to naira exchange rate in the black market, also known as the parallel market, shows that Bureau De Change operators in Lagos are buying a dollar for ₦1,695 and selling it for ₦1,700. The Central Bank of Nigeria (CBN) maintains a different rate, with the official rate at […]
Category archives: News
Tinubu Highlights Progress and Reforms in Independence Day Address
On October 1, 2024, President Bola Ahmed Tinubu delivered a national broadcast to commemorate Nigeria’s 64th Independence Anniversary. In his speech, the president acknowledged the economic and security challenges facing the nation but reassured Nigerians that reforms are starting to yield positive results. Tinubu announced that Nigeria attracted over $30 billion in foreign direct investments […]
ACN Rejects Divisive Protest, Urges Nigerians to Prioritize National Unity
…Accuses Organisers for Non-Disclosure of Financial Inducement by Divisive Politician. The Amalgamated Civil Society Organizations of Nigeria (ACN) has strongly condemned the planned October 1st protest, accusing its organizers of receiving funding from a notorious former North West Governor to destabilize the country. Comrade Gbenga Ashiru Abiodun, National President of ACN, in a press statement […]
NAF Airstrike Allegedly Kills 23 Worshippers in Kaduna, Sparks Controversy
The Jika da Kolo community in Yadin Kidandan, Giwa Local Government Area of Kaduna State, is mourning the loss of over 25 people, reportedly killed in a Nigerian Air Force (NAF) airstrike aimed at combating terrorists. The incident, which occurred over the weekend, has ignited tension between local villagers and the military. Local sources claim […]
Allegations Emerge Over Mismanagement of #EndSARS Funds
In a recent social media disclosure, Princess Banke Oniru has accused coordinators of the #EndSARS protest of improperly distributing millions of naira generated during the movement against police brutality in Nigeria. The protests, which gained global attention in late 2020, were sparked by widespread allegations of extrajudicial killings, extortion, and torture by the Special Anti-Robbery […]
Customers Express Frustration Over Frequent Debits by First Bank
Numerous customers of First Bank Plc have taken to social media to voice their frustrations regarding frequent and unexplained debits from their accounts. The complaints have surged over the past two weeks, with many customers expressing concern about the nature of these charges. On the bank’s official Facebook page, users like Udoh Blessing raised alarms […]
Governor Dapo Abiodun Credits Tinubu for Saving Nigeria ₦5.4 Trillion in Petrol Subsidy
Ogun State Governor Dapo Abiodun has praised President Bola Tinubu for averting a potential ₦5.4 trillion expenditure on petrol subsidies in 2024. He emphasized that previous administrations had inadvertently been subsidizing petrol for neighboring African countries, placing a significant financial burden on Nigeria. Governor Abiodun made these remarks during a church service held at the […]
Bauchi University Denies Reports of Mass Resignations by PhD Holders
The management of Sa’adu Zungur University (SAZU) in Bauchi State has refuted claims that 30 PhD holders have resigned from the institution. This denial follows announcements made by the Academic Staff Union of Universities (ASUU), which cited dissatisfaction with the university’s salary structure as the reason for the alleged resignations. In a statement issued by […]
Nigeria Reaffirms Financial Ties with China, Denies Seeking Debt Forgiveness
The Federal Government of Nigeria has officially stated that it is not seeking debt forgiveness from China, amid ongoing discussions about debt relief in various international forums. This clarification was provided by Minister of Foreign Affairs, Yusuf Tuggar, during his appearance on Channels Television’s Sunday Politics program. Tuggar addressed concerns about Nigeria’s debt situation and […]
Nigeria Celebrates 64th Independence Anniversary with Thanksgiving Service
The celebrations for Nigeria’s 64th Independence Anniversary commenced with an inter-denominational church service at the National Christian Centre in Abuja on Sunday. The event was attended by a high-profile government delegation led by Secretary to the Government of the Federation, George Akume, alongside notable figures including former President Olusegun Obasanjo, Senate President Godswill Akpabio, and […]