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Nigeria’s currency, the naira, slumped against the US dollar at the official window on Monday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,353.90/$1, compared with N1,353.90/$1 on Wednesday. This represents a loss of N34.48 for the local currency against the American dollar. On the black market, the Nigerian currency rose N10 against …

A bomb blast occurred early Monday morning in Woro, Kaiama Local Government of Kwara State, raising fresh security concerns in the area. The number of victims has yet to be confirmed, with many feared dead. Authorities were still assessing the situation at the time of writing. 20-year-old boy kills his mother because she refused to give him a bath The …

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A major political shift has occurred in Zamfara State as the Speaker of the House of Assembly, Bilyaminu Moriki, along with 12 members of parliament, officially announced their defection from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). The announcement was made at a plenary session in Gusau on Monday, where the Speaker submitted a letter of …

…He says the crisis in the Middle East could worsen fuel and transportation costs …instructs governments to implement citizen-centric interventions Daud Olatunji President Bola Tinubu has warned state governors that the ongoing crisis in the Middle East could trigger a new wave of inflation in Nigeria, urging them to introduce further incentives to cushion the impact on citizens. Tinubu gave …