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The Nigerian currency, Naira, depreciated the US dollar in the official window on Monday, August 18, 2025. According to Nigerian Central Bank data (CBN), Naira was closed on N1, 533.67/$ 1 compared to N1, 532.51/$ 1 which was traded on Friday, August 15, 2025. This is the loss of N1.16 for local currencies against American Greenback. In the black market, …

Peter Obi, a presidential candidate from the Labor Party (LP) in the 2023 general election, has warned the Nigerians not to sell their votes, describing the practice as one of the biggest dangers for the country’s democratic system. In a statement that was distributed in his Handke X on Tuesday, the former Governor of the State Anambra said the purchase …

The Nigerian equity market fell on Tuesday, August 19, 2025, because investors lost N1.2 trillion on the trading floor. This follows the decline in stock prices from the Royal Exchange Assurance PLC (Royalex), Dangote Cement (Dangcem), and RT Briscoe (RTBRISCOE), among others, on the trading floor. The Benchmark All-Share Index (ASI) decreased to 142,613.47 points from 144,722.47 points recorded on …

The Nigerian Governor Forum (NGF) on Tuesday launched Investopedia, a new investment platform aimed at opening capital, increasing work, accelerating infrastructure development, and stimulating economic growth throughout the country. The launch, which took place in Abuja, was declared open by the Chairman of the NGF and the Governor of the State of Kwara, Abdulrahman Abdulrazaq, who was represented by his …

‘One year after four-year-old Zinachukwu Ugwu was gruesomely murdered by a co-tenant in their house at Umunwanwa, a quiet village in Nsukka, Enugu State, her family is still waiting for justice. They accuse the Nigerian Police Force of mishandling the case and allowing the wheels of justice to grind too slowly. What was supposed to be a straightforward investigation into a …

Activist Aisha Yesufu has criticized the Director General of the World Trade Organization, Ngozi Okonjo-iweala, for his statement praising the President of the Tinubu ball for stabilizing the Nigerian economy. This came after a similar comment by a former Labor Party President candidate, Peter Obi who also blamed the comments by Okonjo-iweala. In a post on X on Sunday, Yesufu …

The Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Godswill Akpabio, and the Chairperson of the House of Representatives, Tajudeen Abbas to “immediately refer the accusations paid by members of parliament to parliament members. Absorbing urged Mr. Akpabio and Mr. Abbas “to mention anyone who might be involved in the alleged bribery and to ensure the recovery …

Here are the top 10 stories throughout the country. 1. NSA thousand confirms the arrest of 2 top leaders of Ansaru National Security Advisor (NSA), Nuhu thousand, on Saturday confirmed the arrest of two top leaders of the Ansaru terrorist group by security forces. Read more 2. The Nigerian government rejected the decision of the Canadian court which appointed PDP, …

The federal government said the state and local government had received significantly higher funds under the current government, which led to a combined surplus of around 7.1 trillion. The Minister of Finance and the Coordinating Minister for Economic, Wale Edun, made this known to the Press Briefing in Abuja on Thursday, noting that the funds included legal allocation and refund …

The federal government has rejected a decision by the Canadian Federal Court which appointed certain Nigerian political parties as a terrorist organization, describing the decision as a careless and unacceptable interference in the country’s internal affairs. In a statement issued on Friday, the Ministry of Foreign Affairs said the decision emerged from a case involving Nigerian citizens, Douglas Egharevba, who …