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The Nigerian naira, on Thursday, had a mixed performance against the US dollar, strengthening on the black market but weakening through the Investors and Exporters (I&E) window. Data from the black market shows the naira gained ground, trading at N997 to the dollar compared to N1,000 on Wednesday. However, at the I&E window, the domestic currency depreciated to N775.2 per …

A lawmaker and chartered architect representing Surulere 2 Federal Constituency of Lagos state in the House of Representatives, Hon Lanre Okunlola, has posited that Nigerians will soon start reaping the bountiful dividends of democracy if they are patient with the administration of President Asiwaju Bola Tinubu. Okunlola made this assertion at an exclusive chat with newsmen at his office in …

The Nigeria Security and Civil Defence Corps (NSCDC) has arrested two suspected crude oil thieves in Rivers State. The NSCDC spokesman, Babawale Afolabi, disclosed this in a statement on Friday in Abuja. He said the suspects were arrested by the Commandant General’s Special Intelligence Squad (CG’s SIS) after a tip-off by well-meaning Nigerians on their alleged involvement in pipeline vandalism …

The Debt Management Office (DMO) has announced plans to raise to N1.2 trillion in debt by re-issuing federal government bonds. According to the DMO’s bond issuance calendar for the final quarter of the year, the agency intends to raise funds ranging from N960 billion to N1.2 trillion over three months, spanning October through December of this year. These funds will …

These top 10 stories across the nation’s newspapers might interest you. 1. Atiku insists Tinubu’s CSU certificate is fake, urges Obi, Kwankwaso to join him in fight for ‘justice’ Former Vice President Atiku Abubakar has insisted that the certificate from the Chicago State University (CSU) presented by President Bola Tinubu for the 2023 elections was fake.Read more 2. Tribunal upholds …

The National Assembly Elections Petition Tribunal sitting in Ikeja, Lagos, on Monday, upheld the victory of the Labour Party candidate, Jesse Okey-Joe Onuakalusi victory in the February 25 election at the Oshodi-Isolo Federal Constituency ll in the state. The Independent National Electoral Commission (INEC) declared the LP candidate as the winner of the election after he polled 29,386 votes to …

At least four persons were injured in an auto crash in the Adeniji Adele area of Lagos Island on Saturday. The General Manager, Lagos State Traffic Management Authority (LASTMA), Mr. Bolaji Oreagba, who disclosed this in a statement issued by the agency’s Director of Public Affairs and Enlightenment, Taofiq Adebayo, said a Toyota Sienna bus was involved in the lone …

Former Emir of Kano, Muhammadu Sanusi, said it would be unfair for him to criticise President Bola Tinubu over the country’s economic hardship Nigerians. He also said the nation’s fiscal policy greatly suffered under the Muhammadu Buhari administration because the Central Bank of Nigeria (CBN) printed naira without restraint. The former CBN boss spoke Sunday during a virtual religious event. …

The National Agency for Food and Drug Administration and Control (NAFDAC) on Saturday confiscated expired and unregistered products worth N15 million in Niger State. The Director of NAFDAC, North-Central, Mr. Shaba Mohammed, who disclosed this to journalists, said the agency raided 24 business outlets in the Bida local government area of the state. He said: “We embarked on our routine …

CBN Office The federal government says the money it borrowed from the Central Bank of Nigeria (CBN) is the most expensive debt it is servicing. Currently, the federal government is servicing the N23 trillion CBN Ways and Means facility it collected from the CBN with over N2 trillion. This was disclosed by the Technical Adviser to the Director General of …