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A human rights activist, Kayode Ajulo, has raised concerns about the growing trend of disparaging comments directed towards the judges of the Presidential Election Petition Tribunal (PEPT) in Nigeria. Ajulo cautioned Nigerians against engaging in baseless conspiracy theories and slanderous remarks targeting the tribunal judges. The controversy was sparked by recent allegations made by Twitter […]

Suspected arsonists have launched an attack on the residence of Pascal Agbordike, a prominent lawmaker representing the Ihiala federal constituency of Anambra State. The attack occurred around 1 a.m. on Tuesday in Ubahi-Mbosi, a community situated in the Ihiala Local Government Area of the state. Reports indicate that the assailants, believed to be hoodlums, fired […]

The Association of Bureaux De Change Operators of Nigeria (ABCON) has called for the cessation of cryptocurrency exchange company Binance’s operations in the country, citing its impact on the Nigerian naira. In a recent interview with NAN in Lagos, Aminu Gwadabe, the President of ABCON, highlighted Binance as a contributing factor to the pressure on […]

Nigeria’s president and head of the West African bloc ECOWAS has not ruled out military intervention in Niger, but believes diplomacy is the “best way forward” to resolve the crisis, his spokesman said Tuesday. Bola Tinubu weighed in for the first time since the soldiers behind the coup in Niger defied the bloc’s Sunday deadline […]

The Federal Capital Inland Revenue Service ( FCT-IRS) has asked the Federal Inland Revenue Service (FIRS), a tax agency of the Federal Government to hand off taxes meant for it and other states. FCT-IRS said FIRS has been wrongfully collecting personal income tax that are supposed to be paid to FCT-IRS to other States of […]

US Secretary of State, Antony Blinken has said that the Russia’s Wagner mercenary group is “taking advantage” of instability in Niger. Niger experienced a change of government after the military ousted democratically elected President, Mohamed Bazoum two weeks ago. There have been suggestions the coup leaders have asked for help from Wagner, which is known […]

President Bola Ahmad Tinubu has appointed a student of the university of Ibadan as member of presidential advisory committee. This was posted on ‘X’ by the Special Assistant to the President on social media, Olusegun, on Tuesday. The post reads: “Tinubu met Miss Orire Agbaje, a 400 level Economics student of the University of Ibadan […]

*President Working On Interventions To Relieve Pains, Says Pate Director General of World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala, has declared that President Bola Tinubu is aware of the hardship Nigerians are going through presently. Addressing newsmen Tuesday after meeting with President Tinubu at the State House, Abuja, Okonjo-Iweala who claimed to have had audience […]

The Nigerian naira on Tuesday underwent a substantial decline, plummeting to an unprecedented low of N900/$1 on the parallel market. This drop occurred due to an overwhelming demand for foreign currency that exceeded the available supply. Forex traders, in conversations with Nairametrics, reported exchange rates as high as N900/$1 for “inflows” and N895/$1 for cash […]

The federal government has released the list of successful candidates who applied for enlistment into the Nigeria Immigration Service (NIS) and the Nigeria Security and Civil Defence Corps (NSCDC). This is contained in a statement by the secretary of the Civil Defence, Correctional, Fire, and Immigration Services Board (CDCFIB), Ja’afaru Ahmed, on Tuesday in Abuja. […]

NGX Rises by N75bn as Banking Stocks Rally The Nigerian Exchange (NGX) gained weight further as equities investors saw more than N75 billion on Monday. Though the local bourse gained N77.10 billion, trading activities had a bearish undertone. Stockbrokers said the gain recorded first day of the new week was buoyed by renewed interest in […]

Naira Plunges over Forex Supply Shortage The Nigerian naira depreciated against the United States (US) dollar on Monday at the Investors’ and Exporters’ foreign exchange (FX) window as the foreign currency shortage persists. The Naira lost by 4.27 per cent when compared with N743.07 for which it exchanged for the US dollar after the close […]