News

Tinubu didn’t use hammer, biro to emasculate opposition – PDP governors

President Bola Tinubu President Bola Ahmed Tinubu has waded into the political crisis in Rivers state, Chairman Peoples Democratic Party (PDP) Governors Forum and Bauchi state Governor Bala Mohammed has said. The governor said this while addressing State House correspondents at the end of the Police Council meeting in Abuja. Political crisis erupted in the state following reported attempts by …

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Naira recovers against dollar, as exchange rate drops in black market, official window

The Investors’ and Exporters’ (I&E) window closed with the United States Dollar (USD) settling at N771.69/$1 on Thursday, as the naira recovered against the American greenback. According to foreign exchange data released by the FMDQ Exchange covering the official market, the exchange rate between the naira and the dollar contrasted with Wednesday’s N773.42/$1 rate. Although during trading, the exchange rate …

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CBN reveals flaw in JP Morgan foreign reserves report

The Central Bank of Nigeria (CBN) has rubbished a report by JP Morgan on the status of Nigeria’s foreign reserves which sparked concerns over forex liquidity in the country. Ripples Nigeria reported on Wednesday that JP Morgan reported Nigeria’s foreign reserves stood at $3.7 billion as of December 2022 and not $35.08 billion as disclosed by the CBN. Following the …

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Top 10 stories from across Nigerian Newspapers, Wednesday, November 1, 2023

Here are the top 10 stories making headlines across the country. 1. Tinubu intervenes in Rivers crisis, holds talks with Wike and Gov Fubara President Bola Tinubu has waded into the political crisis in Rivers State.Read more 2. PDP governors meet, welcome Tinubu’s intervention in Rivers crisis The Peoples Democratic Party (PDP) Governors’ Forum on Tuesday commended President Bola Tinubu …

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Group claims Ondo lawmakers collected N5m bribe to impeach Dep Gov, Aiyedatiwa

Ondo for Better Life, a group, on Saturday accused the state’s lawmakers of collecting N5 million bribe to impeach Mr. Lucky Aiyedatiwa, the deputy governor of Ondo State, as protests to the state House of Assembly’s removal of the deputy governor have continued. The House, however, has rejected the allegation, calling it a fruitless attempt at blackmail. On Wednesday, the …

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Tinubu orders resolution of Nigeria and UAE dispute

President Bola Tinubu on Thursday ordered the immediate resolution of the aviation dispute between Nigeria and the United Arab Emirates (UAE). The diplomatic row between Nigeria and the UAE started in 2021 after the Gulf State restrained other airlines from bringing Nigerian passengers. The Federal Government later imposed restrictions on Emirates Airlines and slashed its frequencies from 21 per week …

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Trump surrenders to authorities, releases mugshot taken in jail

Former President of the United States, Donald Trump on Thursday, surrendered to authorities in Atlanta, Georgia, where he faces 13 criminal charges over alleged attempts to subvert the results of the 2020 presidential election. The 77-year-old Trump who was booked and placed at the Fulton County jail before being released on a previously negotiated $200,000 bond, later shared his mug …

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Fresh details: Tinubu warns son, Seyi, others, to stop disrupting FEC meetings

A combined photograph of President Tinubu and son, Seyi ●Says “undue access” must stop henceforth The unusual participation of some unauthorised persons in conducting official government business will no longer be tolerated by President Bola Tinubu. The President complained about the bizarre development and reined in ghe culprits, including his son, Seyi. He warned Seyi and other individuals involved in …

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