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Following the massive gain of N234 recorded by the naira against the dollar on Monday, the Nigerian currency, Tuesday, December 12, 2023, slumped marginally against the American greenback. The Nigerian currency traded at N865.03/$1 at the close of business on Tuesday, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window where forex is officially traded, showed. This represents a …

The Ondo State Governor, Rotimi Akeredolu, on Tuesday, handed over power to his Deputy Lucky Aiyedatiwa as he commenced another medical leave. This was contained in a statement issued by Akeredolu’s chief press secretary, Richard Olatunde. Olatunde said a formal letter regarding the medical leave and a notice formally transferring power to the deputy governor in line with the Nigerian …

President Bola Tinubu has directed the Ondo State House of Assembly to transfer power to deputy governor, Lucky Aiyedatiwa According to reports, Tinubu made this known at a meeting he summoned to resolve the leadership crisis in Ondo on Monday The President was said to have emphasized that this transfer should be conducted without any conditions, as it aligns with …

Twenty seven members of the Rivers State House of Assembly loyal to the Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Monday, dumped the Peoples Democratic Party (PDP) for the All Progressives Congress (APC). The lawmakers announced their defection on Monday morning in Port-Harcourt, the state capital while reaffirming their total loyalty to the former governor of Rivers …

Socio-Economic Rights and Accountability Project (SERAP) has called on Mele Kyari, the Group Chief Executive Officer, Nigerian National Petroleum Company (NNPC) Limited to “promptly publish details of barrels of oil Nigeria produces and exports every day. The group also called on him to disclose the total amounts of revenues generated from oil since the removal of subsidy on petrol in …

Here are the top 10 stories making headlines across the country. 1. Like SDP, Labour Party denies involvement in PDP-led coalition The Labour Party has dismissed claims on its planned involvement in a coalition led by the Peoples Democratic Party (PDP).Read more 2. Ondo Commissioner affirms Gov. Akeredolu‘s signature forged on official document The Commissioner for Energy and Mineral Resources …

Ugwu Obinna’s younger sister was killed after a truck driver transporting cows rammed into her shop located at the Okpatu end of the Old Enugu-Onitsha Road this July. “The driver was trying to dodge the potholes along the road when he lost his break and hit her,” Obinna recalled. “She died on the spot, It was devastating for my family”. …

Investors at the Nigerian capital market took home N45.8 billion at the close of trading on Friday. This followed the rise in market capitalization to N39,148.84 trillion from N39, 102.97 trillion posted by the bourse on Thursday. The All-Share Index (ASI) also increased by 83.8 basis points to 71,541.74 from 71,457.92 recorded the previous trading day. However, the market turnover …

Islamic scholar, Sheikh Ahmad Gumi, on Thursday, alleged that the bombing on Sunday that claimed over 120 lives in Tudun Biri in the Igabi Local Government Area of Kaduna State was carried out on purpose by the Nigerian Army using a drone. On Sunday night, while the community in the state’s Igabi Local Government area celebrated Maulud, innocent citizens—including women …

Here are the top 10 stories making headlines across the country. 1. Tinubu appoints Lokpobiri, 8 others to content board governing council President Bola Tinubu has appointed nine persons to the Governing Council and Management team of the Nigerian Content Development and Monitoring Board (NCDMB).Read more 2. Nwifuru presents 2024 budget estimate of N202.1bn to Ebonyi Assembly The Ebonyi State …