NIGERIA

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Background

Business

Dollar To Naira Exchange Rate As At December 6

Information gathered from  the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦413.85/$1 on Monday 6th, after it closed at ₦414.73 to a $1 on Friday, 3rd December 2021.  Likewise,the exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N560 and sell for N562 on Monday, December 6th 2021, according to sources at Bureau De Change(BDC). […]

todayDecember 6, 2021 8

News

“BEST PERFORMING MINISTER” AWARDED TO CHIEF SUNDAY DARE

    On Thursday December 2, 2021 , The National Youth Council of Nigeria (N.Y.C.N) named Chief Sunday Dare, the present Minister of Youth and Sports Development, as the ‘2021 Best Performing Minister.’ The youths bestowed him this award at the National Youth Summit, which took place in Abuja featuring the launching of the book: ‘It’s Youth O’clock in Nigeria’. This award came one week after New Telegraph newspaper named him […]

todayDecember 3, 2021 8

News

”Our demand is Biafra, we are not against restructuring” says IPOB

Indigenous People of Biafra (IPOB) has stressed that it is not against the restructuring of Nigeria. This was stated by the Media and Publicity Secretary of the group, Emma Powerful, on Monday in a statement made in Awka, Anambra State. The group reiterated that its major demand was for a referendum to approve whether “Biafra” would continue to be part of Nigeria or not. Mr. Emma said, “ The Nigeria […]

todayNovember 30, 2021 9

Politics

State Governors are ready to back FG on petrol subsidy removal-El rufai

Kaduna State Governor, Malam Nasir El-Rufai, has stated that Nigeria is losing N250 billion a month on petrol subsidies and that state governors are ready to support the Federal Government on ending the fuel subsidy tenure. The Governor made this known at the presentation of the World Bank Nigeria Development Update, November 2021 edition titled, “Time for Business Unusual”, according to the News Agency of Nigeria. Speaking at the event, […]

todayNovember 26, 2021 3

Sports

Falconets coach invites England-based Adebowale, 30 others for Congo clash

Brighton Hove Albion forward Juliet Adebowale and  Joy Omewa who based in Denmark are the only overseas-based players invited by Falconets coach Christopher Danjuma for their U-20 Women’s World Cup qualifier against Congo next month. The 31-player squad was released in a statement by the Communications Department of the Nigeria Football Federation on Thursday. Nigeria Women’s Football League champions River United have four players in the squad, while fellow topflight […]

todayNovember 5, 2021 1

Politics

Anambra Guber: IPOB Deserves To Be Heard – Soludo

Professor Charles Soludo, former Governor of the Central Bank of Nigeria (CBN) and 2021 Anambra governorship candidate under the All-Progressives Grand Alliance (APGA) for the November 6, 2021 polls has submitted that the forbidden Indigenous People of Biafra (IPOB) deserve to be heard. Charles Soludo said he has never hidden his position about the separatist group. He made his view known on Monday during the Anambra governorship election debate organized […]

todayNovember 1, 2021 1

National

After 48hrs, eNaira app removed from Google Store due to criticism

The Central Bank of Nigeria has declared its stand that it will not bear any liability for any interruption, loss of revenue or loss of services arising from the use of the eNaira website. This is just as the eNaira speed wallet was removed from the Google Play Store on Wednesday after over 100,000 users had already downloaded it. The sudden withdrawal of the eNaira app came about 48 hours […]

todayOctober 28, 2021 6

National

Climate change may dislocate 9.4 million Nigerians by 2050 – World Bank

The World Bank has revealed that about 9.4 million people could become climate migrants in Nigeria by 2050. This revelation  was contained in a new World Bank’s report, Groundswell Africa: Internal Climate Migration in West African Countries. The report has it that internal climate migration is unavoidable but the effects differ from one country to another due to how climate factors interact with demographic and socio-economic factors at the local […]

todayOctober 28, 2021 3

National

As Nigeria Launches E-Naira, Experts Raises Concern.

After the launch of the much anticipated digital currency, e-Naira, which is the first of its kind in Africa, a social justice expert has raised concerns. President Muhammadu Buhari launched the e-Naira on Monday in the Presidential Villa, Abuja. He said that the Central Bank Digital Currency (CBDC) and its underlying technology, called blockchain, has the ability to improve Nigeria’s Gross Domestic Product, GDP, by $29 billion over the next […]

todayOctober 27, 2021 5

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