Naira Gains as Dollar Falls to N1,140.
The cost of one dollar, which peaked at N1,310 last week has nosedived, resulting in naira appreciation at the parallel market, also known as black market. Naira on Thursday gained…
Relief in Sight as CBN Pares Down FX Backlog
The Central Bank of Nigeria (CBN) has begun to clear the backlog of foreign exchange forward contracts — a move that is expected to bring relief to the naira, the…
NAFDAC Raises Alarm Over Deadly Energy Drinks
The National Agency for Food and Drugs Administration and Control (NAFDAC) has issued a public alert, warning consumers about the G Fuel brand Energy Drinks that have been recalled by…
FG Oil Revenue Down by 36% in May, Says CBN
The Federal Government’s oil revenue target for May has dropped from N804bn to N223bn, representing about 72 per cent reduction in federal earnings; this is according to Statistics from the Central Bank of…
Blinken Meets Netanyahu to Push for ‘concrete Steps’ to Protect Gaza Civilians
The US's top diplomat is meeting Israel's Prime Minister Benjamin Netanyahu - he's seeking "concrete steps" to minimise harm to civilians in Gaza Earlier, Israel's military said it had "completed…
Kaduna Baptist Student Released After Two Years in Captivity
A kidnapped student of the Bethel Baptist High School, Treasure Ayuba, has been released by bandits. Naija News reports that Ayuba was part of the students kidnapped by bandits on…
PDP Spokesperson Bwala Says Idea to Purchase Presidential Yacht Was Made to Incite Nigerians
Daniel Bwala, a legal practitioner and spokesperson of the Atiku Abubakar presidential campaign during the 2023 presidential election has commended the House of Representatives for removing the controversial N5 billion presidential…
APC Kicks Over Alleged Planned Uk Protest Against Tinubu
The leadership of All Progressives Congress, APC UK Chapter, has kicked against the planned protest by a group against President Bola Tinubu in London, saying such a move remains a…
