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Nigeria’s currency, the naira, started the week on a weaker note against the US dollar. The local currency lost N3 to trade at N1,508/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed. At the close of trading on Monday, July 1, 2024, the naira lost N3 against the dollar after the exchange rate of N1.505/$1 recorded on Friday, …

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In every government or institution, there is an invisible hand that controls its affairs from afar with a great deal of influence over the decision-making process, especially on important issues. In most cases, while the leadership, and perhaps the kitchen cabinet, may be aware of this subtle equation, it is largely unknown to the rest of the team, who subconsciously …

Reno Omokri, a former aide to former President Goodluck Jonathan, on Monday described as a big lie the claim by Labour Party presidential candidate Peter Obi on a court ruling ordering the release of Indigenous People of Biafra (IPOB) leader Nnamdi Kanu. Obi in a statement last week urged President Bola Tinubu’s government to comply with existing court orders and …

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Sultan Adekoya, one of the most enterprising sportsmen at the recent eighth edition of the De-Lad’s Boxing Promotions competition in Lagos, has revealed that he wants to win a gold medal at the 2028 Olympics. Having won more than 80 fights since he began boxing at the age of four, Adekoya believes he is mature enough to aspire to the …