Naira continues getting weak as falls further in parallel market
The Nigerian Naira is now going for N1,740/$1 in the parallel market as at Sunday, October 27. The Naira showed minor appreciation in the Nigerian Autonomous Foreign Exchange Market, NAFEM, as dealers speculate that the Central Bank of Nigeria, CBN, would likely intervene very soon on the exchange rate. Data from FMDQ showed […]
Ballon d’Or 2024: Where and When to Watch the Broadcast
On Monday, October 28, the football world will learn the name of the new Ballon d’Or winner. The awards ceremony will be held in Paris. The event will take place at the Théâtre du Châtelet in Paris. The Ballon d’Or is one of the most prestigious individual awards in world football, annually given to the […]
Court invites DSS DG over ‘contempt’ in Nnamdi Kanu’s case
The Federal High Court in Abuja has issued a summons for Adeola Ajayi, Director-General of Nigeria’s Department of State Services (DSS), to appear before the court to explain why he should not face imprisonment for contempt. The summons, signed by the court registrar, mandates Ajayi’s appearance, directing him to “show cause why an order for […]
The Federal High Court in Abuja has issued a summons for Adeola Ajayi, Director-General of Nigeria’s Department of State Services (DSS), to appear before the court to explain why he should not face imprisonment for contempt. The summons, signed by the court registrar, mandates Ajayi’s appearance, directing him to “show cause why an order for […]
Four men arrested in Spain over online r@cist hate campaign against Real Madrid star Vinícius Júnior
Four people have been arrested in Spain over allegedly conducting an online campaign of hate and racism against Real Madrid forward Vinicius Jr. The campaign is said to have encouraged supporters to racially abuse the 24-year-old, asking them to wear black face masks to avoid being identified, police confirmed. The Brazil forward broke down in a […]
Ex-electoral commission chairman, who declared Abiola winner of June 12 1993 elections: Prof. Humphrey Nwosu d!es at 84
Former Chairman of the National Election Commission (now the Independent National Electoral Commission), Prof. Humphrey Nwosu is dead. Nwosu reportedly d!ed in a hospital in Virginia, USA in the early hours of Thursday, October 24, 2024. He was aged 83. Born on October 2, 1941, he hailed from the Ajali community in Orumba North […]
CBN affirms old Naira notes will remain legal tenders indefinitely, dispels December 2024 deadline
The Central Bank of Nigeria (CBN), says it has no intention of discontinuing the circulation of the old series of N200, N500 and N1,000 banknotes by December 31, 2024. The apex bank’s clarification came on a day the House of Representatives called on it to increase issuance of the newer N200, N500 and N1,000 […]
Naira depreciates to More than N700 per $1 in parallel market. See the new rate here
Nigerian Naira suffers depreciation to dollar days after it appreciated in the parallel market. The Naira has depreciated to N1,739 per dollar in the parallel market from N1,735 per dollar on Wednesday. Data from FMDQ showed that the Naira appreciated to N1,601.2 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM from N1,654.09 […]
Bianca Ojukwu’s appointment by President Tinubu is anti-party activity — Anambra APC leaders
Leaders of the All Progressives Congress (APC) in Anambra State have condemned the appointment of Bianca Ojukwu as a minister-designate, calling it an anti-party action. They questioned the rationale behind President Bola Tinubu’s decision to appoint Bianca, a member of the Board of Trustees of the All Progressive Grand Alliance (APGA), without consulting APC party […]
BREAKING: First Bank Announces 10 Days Temporary Shutdown For System Upgrading, Begins 26th October
First Bank has announced plans to transition to a new cloud-based procurement and financial platform as part of its ongoing strategy to improve operational efficiency and service delivery. The migration, scheduled to begin on Saturday, October 26, is expected to result in temporary service disruptions, the tier one lender with over 42 million customers said […]
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