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Vice-President Kashim Shettima has recently addressed Nigeria's economic challenges, attributing them to the policies of the previous administration under President Muhammadu Buhari. Speaking at the 2nd Chronicle Roundtable in Abuja, Shettima emphasized that the economic crisis inherited by...
Despite the high hopes and efforts to lure investment from QatarEnergy into Nigeria's oil and gas sector, CEO Saad Sherida al-Kaabi has made the unexpected decision to abstain from investing in the country.
President Ahmed Bola Tinubu's visit aimed at revitalizing the sector failed to sway the...
In a heartbreaking turn of events, Toheeb Eniafe lost his life after being shot at a petrol station in Obalende, Lagos State. The incident occurred late on Wednesday and has left the local community in shock.
According to eyewitnesses, Eniafe was patiently waiting in the queue to purchase fuel...
Nigeria
Nigerians Skeptical as Kogi State Governor Reveals Ambitious Plan for Adogo Airstrip’s International Cargo Transformation
After nearly 20 years of being out of operations, the Adogo airstrip in Kogi state is set to undergo a significant transformation. Kogi State Governor, Ahmed Usman Ododo, recently announced plans by the state government to upgrade the Adogo airstrip into an international cargo airport. The...
The Nigeria Police Force (NPF) has announced the arrest of Ibrahim Abdullahi, also known as Mandi, suspected to be the mastermind behind the horrific Abuja-Kaduna train attack that occurred in March 20221. This attack resulted in the death of several passengers and the abduction of many others...
Minister of Power, Chief Adebayo Adelabu, has accused some Nigerians of obstructing progress in the power sector due to their self-serving motives.
Speaking at the commissioning of a mobile station in Ajah, Lagos State, Adelabu acknowledged anticipated resistance but emphasized the positive...
![[VIDEO] Heart-Wrenching Scene: Elderly Man Breaks Down in Tears Over Skyrocketing Fuel Prices in Nigeria](/data/attachments/203/203552-d9d429f8fbfa8a8c2ed1532232aa2c58.jpg?hash=2dQp-Pv6io)
Nigeria
[VIDEO] Heart-Wrenching Scene: Elderly Man Breaks Down in Tears Over Skyrocketing Fuel Prices in Nigeria
In a heart-wrenching viral video circulating online, an elderly man is seen in tears after purchasing fuel at an exorbitant price, reflecting the ongoing fuel crisis in Nigeria. The video has sparked a wave of emotions across social media platforms, with Nigerians expressing sympathy and...
Nigeria
Dolphin Estate: Social Media Divided as Lagos Authorities Uncover Under-Bridge Apartments, Renting for N250,000
Lagos State's Commissioner for Environment and Water Resources, Tokunbo Wahab, announced a startling discovery on Wednesday, revealing the existence of an apartment complex beneath the Dolphin Estate Bridge in Ikoyi.
This hidden residential area, accommodating tenants who pay N250,000 in annual...
![Today's Naira Rate [02-05-2024]: Economic Concerns Heighten as Naira Weakens Further Against Dollar at ₦1402/$1](/data/attachments/203/203550-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria
Today's Naira Rate [02-05-2024]: Economic Concerns Heighten as Naira Weakens Further Against Dollar at ₦1402/$1
As of today, the exchange rates for the Nigerian Naira (NGN) are as follows:
💵 1 USD ⇛ ₦1,402
💷 1 GBP ⇛ ₦1,660
💶 1 EUR ⇛ ₦1,445
💶 1 CAD ⇛ ₦970
The performance of the Naira in the foreign exchange market remains a point of concern for many Nigerians. With fluctuations in the exchange rates...
Labor unions in Nigeria, spearheaded by the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), have set a firm deadline for the federal government to institute a new national minimum wage by May 31.
This demand comes despite the recent announcement by the government of a 35 percent...
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