President Bola Ahmed Tinubu is scheduled to return to Abuja on Sunday following his official visit to China and a brief stay in the United Kingdom, according to Mr. Bayo Onanuga, Special Adviser on Information and Strategy. During his visit to China, which commenced on September 2, Tinubu met with President Xi Jinping and signed […]
Category archives: News
Marketers Urge Direct Access to Dangote Refinery Petrol Amid NNPC Monopoly Concerns
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called for direct access to petrol from the Dangote Refinery, opposing the Nigerian National Petroleum Corporation’s (NNPC) control over the market. IPMAN’s National Publicity Secretary, Chinedu Ukadike, emphasized that the market should operate on a willing-buyer, willing-seller basis, ensuring fair competition. Despite earlier claims that NNPC […]
Black Market Dollar to Naira Exchange Rate for September 15, 2024
As of September 15, 2024, the exchange rate for the dollar to naira at the Lagos parallel market (black market) is N1665 for buying and N1670 for selling. The Central Bank of Nigeria (CBN) does not endorse these rates and directs individuals to use banks for Forex transactions. Black Market Rates: CBN Rates: Note that […]
Court Blocks Emir Bayero from Renovating Nasarawa Palace Amid Legal Dispute
A Kano State High Court, led by Chief Judge Justice Dije Abdu Aboki, has issued an interim order preventing the 15th Emir of Kano, Aminu Ado Bayero, from proceeding with renovations on the historic Nasarawa Palace. The legal dispute arose after Bayero began holding court at the palace following the dissolution of the emirates. The […]
Rema Urges Nigerian Leaders to Focus on Sustainable Solutions Amid Economic Crisis
Popular Afrobeats superstar, Divine Ikubor, widely known as Rema, has called on Nigerian politicians to implement long-term solutions to tackle the nation’s economic challenges, emphasizing that temporary relief measures will not alleviate the suffering of the people. Speaking on The Breakfast Club, Rema criticized the practice of distributing food items like rice as a solution […]
Tinubu Praises Military Success in North-West Operations
President Bola Tinubu has commended the Nigerian military for its recent successes in tackling security challenges in the North-West. The commendation follows a series of effective operations by troops of Operation Hadarin Daji, which led to the death of wanted bandit leader Halilu Sububu, the elimination of terrorist Sani Burki, and the rescue of 13 […]
NESG Announces 30th Summit to Address Nigeria’s Socioeconomic Challenges
The Nigerian Economic Summit Group (NESG) has revealed plans for its landmark 30th Nigerian Economic Summit, set to take place from October 14 to 16, 2024, at the Transcorp Hilton Hotel in Abuja. This year’s summit, themed “Collaborative Action for Growth, Competitiveness, and Stability,” aims to tackle Nigeria’s pressing socioeconomic issues through a collaborative dialogue […]
Wike Stands Firm on Threat to PDP Governors: “No Apologies”
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has reiterated that he will not apologize for threatening governors who interfere in the political crisis in Rivers State. Speaking on Channels TV’s Politics Today on Friday, Wike expressed his unwavering stance against any governor meddling in the affairs of Rivers State. Wike’s remarks come […]
PDP Chairman Damagum Reflects on Party’s Internal Crisis, Vows to Heal Divisions
Umar Iliya Damagum, the acting National Chairman of the Peoples Democratic Party (PDP), has spoken out about the internal challenges facing the party. In a recent interview, Damagum addressed criticisms he has received, explaining that he inherited a fragmented party after successive election defeats in 2019 and 2023. Despite the party’s struggles to regain national […]
Dollar to Naira Exchange Rate: Black Market Rates for 14th September 2024
As of today, 14th September 2024, the exchange rate between the US Dollar (USD) and the Nigerian Naira (NGN) in the black market is as follows: These rates apply to the Lagos Parallel Market (Black Market), according to sources at the Bureau De Change (BDC). It is important to note that the Central Bank of […]