News

The dollar rate in the investors’ and exporters’ window of the official market closed down on Friday, as the value of the naira increased by 2.96 per cent, according to foreign exchange data obtained by FMDQ Exchange. According to the data, the price of the dollar was brought down by N23.09 to sell at N756.91/$1 at the close of trading, …

The management of Lobi stars FC of Makurdi said it has dedicated its  victory over Abia Warriors FC in the NPFL match day 4 to victims of the recent bank robbery attack at Oturkpo town in Benue state which claimed many lives. The encounter which was earlier scheduled for Saturday, was postponed to Sunday as a result of the mourning …

The Jigawa State Police Command has arrested two suspected armed robbers who were on the Command’s most wanted list. The Police Public Relations Officer (PPRO) for the Command, Abubakar Isah, confirmed the arrest of the notorious criminals in a statement in Dutse on Saturday, According to the statement, the suspects were trailed and subsequently arrested on December 12, in their …

In their quest to attain higher heights, Honey Badgers have appointed and unveiled an experienced Technical Adviser (TA). He is Coach Liadi Bashiri, a known tactician in Nigeria’s women’s football circle, had handled Confluence Queens of Lokoja and Osun Babes. At his unveiling in Makurdi, Benue State capital at the weekend, Chairman of Honey Badgers, Mr. Abdul Sule, said the …

The Osun State government on Sunday alleged that the engines of a plane carrying Governor Ademola Adeleke, and close aides were tampered with by unknown persons. The Nigerian Civil Aviation Authority (NCAA) had earlier on Sunday confirmed the aborted take-off of a Bombardier Global Express 605 jet carrying Governor Adeleke and his team on a scheduled flight to Abuja on …

President Bola Tinubu has warned the Nigerien military of “grave consequences” if the regime allows the health of ousted President Mohamed Bazoum to deteriorate. The president gave the warning during a telephone chat with the European Union chief, Charles Michel. Basoum has been under house arrest since he was ousted by soldiers attached to the presidential guard in a military …

More revelations have continued to surface concerning the crisis rocking Rivers State as the State Governor, Siminalayi Fubara and the Minister of the Federal Capital Territory (FCT), Nyesom Wike continue to dig deep into the trenches. This is as the National Coordinator, South-South Leadership Forum, Chief Anabs Sara-Igbe, on Saturday claimed Governor Fubara offered to resign his position before the …

A Transmission Company of Nigeria power substation in Maryland, Lagos State, was completely destroyed by fire on Saturday night. The Lagos State Fire and Rescue Service said in a late-night announcement that the fire had been extinguished. No lives were lost in the fire event, according to a statement made by Margaret Adeseye, Director of the Lagos State Fire and …

The stocks to watch list this week consists of Fidelity Bank, Dangote Sugar and Associated Bus Company (ABC), after the capital market reacted negatively to their operational decisions. Ripples Nigeria stocks watchlist is a selection of stocks monitored for viable trading or investing opportunities. An investor may casually generate a list of equities for investment purposes. But we have taken …

In recent years, Nigeria has witnessed a mass exodus of its people. For instance, in the first quarter of 2023, the number of Nigerians moving to Canada surged to the highest figures in nine years. A 2021 Africa Polling Institute survey reveals that seven out of every 10 Nigerians will choose to leave the country if given the opportunity. Indeed, …