Recent Posts

Naira earned N91 to trade N1576/$1 at the official window

The Naira recovered from days-long slump and traded N1,576/$1 at the official window on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that Thursday’s figure was N91 lower than the N1,667/$1 the currency traded at the previous day’s official window. The naira lost N20 against the dollar in the parallel section of the forex market and traded …

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Alleged 3 billion rupiah fraud: Yahaya Bello’s nephew and others to question EFCC witnesses on Oct 25

Justice Obiorah Egwuatu of the Federal High Court, Abuja, on Thursday, fixed October 25 for Ali Bello and his co-defendants to cross-examine the prosecution witness of the Economic and Financial Crimes Commission (EFCC), Jamilu Abdullahi, in their ongoing trial on money laundering charges. Ali, nephew of former Kogi state governor Yahaya Bello, was charged by the commission alongside three others …

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Nigerian defense spokesman claims 1,937 suspected terrorists killed in three months

The Defence Headquarters (DHQ) claimed on Thursday that troops deployed to operational areas across the country had killed 1,937 suspected terrorists in three months. Director of Defense Media Operations, Major General Edward Buba, disclosed this while briefing journalists on the operations of the armed forces in Abuja. He said troops arrested 2,782 others and rescued 1,854 hostages during the period. …

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Atiku’s former spokesman Bwala may eye ministerial post, speaks on Tinubu cabinet reshuffle plans

Former spokesperson for President Atiku Abubakar’s 2023 Election Campaign Team, Daniel Bwala, stated that only President Bola Tinubu has the authority to decide which Ministers will remain in his cabinet and which will be replaced. Recall that the Presidency on Wednesday through a statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, confirmed that there …

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