• Naira breaks N1500/$ barrier first time since June 2024 • Foreign-dominated investments see rise in liquidation • Investors dump dollar-assets as ‘buy Nigeria’ gains traction • Boggled BDC reform poses near-term regulatory risk The consistent appreciation of the exchange value of the naira has sent a shockwave through the foreign exchange (FX) market, especially […]
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President Bola Ahmed Tinubu Transparency International, a global coalition against corruption, has ranked Nigeria as the 36th most corrupt country in the world. Nigeria was joined by Uganda, Mexico, Madagascar, Iraq, and Cameroon in the same spot with a total score of 26 points. The ranking released on Tuesday highlighted the 2024 corruption perceptions index. […]
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Atiku, Tambuwal, Imoke meet Obasanjo in Abeokuta The ruling All Progressives Congress has declared that a possible alliance between former President Olusegun Obasanjo and the 2023 Peoples Democratic Party presidential flag bearer, Atiku Abubakar, posed no threat to President Bola Tinubu’s re-election in 2027. The National Secretary of the APC, Senator Ajibola Basiru, said this […]
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By Kunbi Adesokan Donald Trump’s return to the White House has sent shockwaves across the global aid community, raising urgent concerns about the United States’ foreign assistance to Africa. With his administration already pushing aggressive “America First” policies, African nations, like Nigeria, face an uncertain future. If history repeats itself, Trump’s renewed cuts on international […]
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In a bid to reinforce operational integrity and ensure effective management within the Nigeria Police Force, the Inspector-General of Police, IGP Kayode Adeolu Egbetokun, has warned field commanders and state police bosses against violations of the rights of Nigerians and misconduct. The IGP convened a virtual meeting with strategic police managers today, February 10, 2025. […]
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The coalition of opposition lawmakers in the Rivers State House of Assembly has said that contrary to what is “believed by disgruntled elements,” no Supreme Court judgment was delivered on Monday against the Governor of Rivers State, Siminalayi Fubara. This was after Fubara withdrew an appeal he filed before the Supreme Court, challenging the rulings […]
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Mr. Tajudden Abbas, Speaker of the House of Representatives, says caring for People with Disabilities (PwDs) is not just an act of kindness but a fundamental human right that must be observed. Abbas stated this on Monday while declaring open a One-day National Stakeholders Consultation on the 2025 Global Disability Summit (GDS2025) Commitments, organized by […]
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NAFDAC Director General, Prof Moji Adeyeye The National Agency for Food and Drug Administration and Control (NAFDAC) on Monday busted and seized suspected fake and adulterated pharmaceutical products at the Onitsha Bridgehead drug market. Dr. Martin Iluyomade, Coordinator of NAFDAC in Southeast who led the team on the raid, told newsmen that the operation would […]
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The Minister of Power, Chief Adebayo Adelabu, says the Ibadan Electricity Distribution Company (IBEDC) will reconnect the University College Hospital (UCH), Ibadan, as soon as agreed conditions are met. The minister disclosed after Monday’s tripartite meeting involving himself with the management of UCH and IBEDC at the hospital complex. Adelabu said the reconnection would occur […]
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Atiku in Abeokuta Former Vice President, Atiku Abubakar, has debunked claims that Monday’s courtesy visit to ex-President Olusegun Obasanjo in Abeokuta, Ogun State, has anything to do with his political ambitions. Atiku, who was spotted at the Olusegun Obasanjo Presidential Library (OOPL), Abeokuta, alongside some political associates, said the closed-door meeting with his former boss, […]
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