Category: News

The naira depreciated by 2.4 percent and 2.6 percent in March at both the Nigerian Autonomous Foreign Exchange Market window and the parallel market compared to the previous month. According to the latest Afrinvest Monthly Market Report titled ‘Analysing Global and Nigerian Economies & Financial Markets’, the naira dropped to N1,536.82/$ and N1,530.00/1.00 at the […]

The 46th Alaafin of Oyo, Oba Akeem Owoade, has disclosed that his choice was divinely ordained, but not political. He was crowned as the 46th Alaafin of Oyo on Saturday after completing all the necessary rites. Speaking on Sunday during a thanksgiving service at the Anglican Cathedral Church, Esiele, Oyo, he said: “I never knew […]

The People’s Republic of China has called for greater trade cooperation among nations, stressing that trade wars benefit no Country. In a statement issued on Monday in Lagos, by the Chinese Consul General, Yan Yuqing, China noted that the United States has frequently reversed the course of globalization under the pretexts of “trade imbalance” and […]

National Security Adviser, Mallam Nuhu Ribadu, has condemned the recent deadly attacks in Plateau State, describing them as unacceptable and calling for collective action to end the cycle of violence. Gunmen had last week stormed several villages in the Bokkos Local Government Area of the state, killing no fewer than 50 people. Speaking during a […]

President Donald Trump has defended his administration’s sweeping tariff increases on multiple countries, including Nigeria and China, insisting the United States is finally reclaiming its economic power after years of being taken advantage of. He said on Monday that the new tariffs target imported goods across various sectors, as he warned nations not to retaliate […]

An ex-Youth and Sports Development Minister, Solomon Dalung, has described the weekend killing of over 50 people in Bokkos Local Government Area of Plateau State as genocidal as he knocked the President Bola Tinubu administration for perceived complacency in tackling the persistent insecurity in the state. Speaking during the Arise TV Morning Show interview on […]

The Presidency has declared that Prof Mahmood Yakubu is still the chairman of the Independent National Electoral Commission, INEC, contrary to reports. in a statement through the Senior Special Adviser to the President on Digital and New Media, O’tega Ogra, posted on X (formerly Twitter), the Presidency described Ykubu’s reported sack by President Bola Tinubu […]

Agency Report International Monetary Fund’s Managing Director, Kristalina Georgieva, has expressed concerns over new US tariffs, calling them a major risk to the global economy amid ongoing economic sluggishness. She expressed the concerns in a statement, following Tuesday’s announcement of the tariff measures. “We are still assessing the macroeconomic implications of the announced tariff measures,” […]

Ighodalo vows to appeal The Edo State Governorship Election Petition Tribunal has affirmed the election of Senator Monday Okpebholo as the state’s governor. In a unanimous judgement on Wednesday, the tribunal held that the petitioners failed to prove their case of over-voting in 320 polling units across the 18 local government areas of the state […]

Senator Natasha Akpoti-Uduaghan who represents the Kogi Central District, has accused the Senate President, Godswill Akpabio, and former Kogi State Governor, Yahaya Bello, of initiating her recall flopped process using fake constituents. Despite a government ban on rallies and processions, Natasha was given a rousing welcome by supporters from her district’s five local council areas […]