Nigeria News

Banks, Others Sell Naira For New Rate As Dollar Supply Increases By $110m In 24 Hours

The Nigerian naira was stable on Thursday, 27, as it traded at N1,510 against the dollar. According to official data from FMDQ securities, the Nigerian Autonomous Foreign Exchange Market (NAFEM), the amount represents a 0.15% decline compared to the closing rate of N1,507.83 on Wednesday, 26. During trading hours, the local currency was priced as […]

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2027 Presidency: 4 Reasons Tinubu May Not Be One-Term President

President Bola Tinubu may end up as another one-term president in Nigeria since the return of democracy in the country in 1999. He may lose the 2027 presidential election as things appear to be turning against him. Among the factors currently working against Tinubu are his economic policies and his northern alliance. Tinubu’s economic policies

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We’re Only Platform That Can Fetch Obi Victory In 2027 – Labour Party

Peter Obi cannot win in 2027 if he leaves the Labour Party, says National Vice Chairman Ayo Olorunfemi Obi emphasized focusing on water, power, employment, and security, stating their mission is about Nigeria, not just the party Peter Obi, the Labour Party’s Presidential Candidate in the 2023 election, cannot win in 2027 if he leaves

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Details Of NEC Meeting Between Shettima, Governors, Others

President Bola Tinubu made a rare appearance at the 142nd meeting of the National Economic Council (NEC) held on Thursday at the Council Chamber, Presidential Villa, Abuja. The council, chaired by Vice President Kashim Shettima, convened to discuss critical economic issues, including the proposed adjustments to the national minimum wage. The president’s decision to attend

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Shettima Addresses Claim Tinubu Is Allegedly Working Against North

Vice-President Kashim Shettima has said the claim that President Bola Tinubu is working against the north is untrue. As reported by The Nation newspaper, Shettima spoke in Kano on Wednesday, June 26, while receiving a federal government delegation led by the chief of staff to the President, Femi Gbajabiamila, on a condolence visit over the

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From Obasanjo To Buhari: List Of Nigeria’s Presidents And Minimum Wage Paid During Their Reign

The first national minimum wage legislation was signed into law by the late President Shehu Shagari in September 1981. The wage was 125 naira per month. Using the exchange rate of US$1 = 0.61 naira as of 1981, this wage was about US$204. Before that time, in 1974, the Nigerian government followed the recommendations of

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Free Nnamdi Kanu Or Face Total Oil Shutdown – Niger Delta To FG

Communities in the Niger Delta have threatened to cripple oil production in the region if the Federal Government continues to remain adamant over the growing clamour for the release of the detained Leader of the Indigenous People of Biafra, IPOB, Mazi Nnamdi Kanu. Kanu has remained in a solitary confinement at the Abuja headquarters of

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World Oldest Living Siblings Has Combined Age Of 570 Years, Breaks Guinness World Record

Six siblings have broken the Guinness World Record with their combined age, which is 570. The siblings are born between 1923 and 1935 and all of them are still alive after growing old together. The siblings have witnessed a lot of world events, having lived through the period of nine decades. According to the Guinness

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Multichoice Takes Important Step After Adjusting Price Of DSTV, GOTV

The Competition and Consumer Protection Tribunal’s (CCPT) decision to impose a N150 million fine and a “free monthly subscription order” on Multichoice Nigeria has been appealed. In an appeal filed with the Court of Appeal in Abuja, the Pay TV provider presented further arguments for why the appellate court ought to overturn the CCPT verdict.

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Catholic Priests Warns Catholics Against Attending Zion Ministry; Members Hit Back

Catholic priests have gone on Facebook to caution Catholics who attend Zion Ministry owned by Evangelist Ebuka Obi. Fr Kelvin Ugwu and Father Kay both claimed that Zion Ministry is not a Catholic Ministry and has no approval of the Catholic Church. Fr Kelvin Ugwu said Zion Minsitry “was founded on deception”. He added that

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Court Sentences ‘Nigerian Senator’ To 2 Years Imprisonment, Reason Emerges

A Federal Capital Territory (FCT) High Court in Gwagwalada, Abuja, on Wednesday, June 26, sentenced a fake senator, Tom Makwe, to two years imprisonment for swindling a Spanish of 47,082 euros. Man posed as a fake senator, lands in prison Meanwhile, the Economic and Financial Crimes Commission (EFCC) had arraigned the convict on two counts

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