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Nigeria Nigerian Anglican Leaders Slam Politicians, Including Tinubu, Over Widespread Corruption and Economic Hardship
The Anglican Church of Nigeria condemned corruption among political leaders, criticizing insensitive government policies causing severe hardship for citizens. In a recent meeting, church leaders expressed solidarity with protests against bad governance and called for a comprehensive... -
Nigeria CBN’s 27.25% Interest Rate Hike: How It Affects Inflation, SMEs, and the Naira
Nigeria's recent interest rate hike to 27.25% aims to curb inflation and stabilize the naira but poses challenges for businesses. The increased borrowing costs could reduce expansion and raise unemployment. Meanwhile, FX inflows may rise, stabilizing the naira, and savers benefit from higher... -
Nigeria President Tinubu Set for Cabinet Reshuffle Ahead of October 1 Deadline
President Bola Tinubu is set to reshuffle his cabinet, according to Bayo Onanuga, Special Adviser on Information and Strategy. While no specific date has been announced, changes may occur before October 1st. The President urges ministers to better communicate their achievements to improve public...
Former Nigeria Football Federation President, Amaju Pinnick, has refuted claims of influencing the appointment of Finidi George as the new Super Eagles coach.
According to Soccernet.ng, Pinnick clarified that he did not force the decision upon the current NFF board, led by Ibrahim Gusau.
The...
Real Madrid's midfield maestro, Jude Bellingham, found himself at the center of attention as he was withdrawn from the pitch 15 minutes before the end of the Champions League semi-final first leg against Bayern Munich.
The match ended in a 2-2 draw, with Bellingham's untimely exit leaving Real...
Europe
Uefa Champions League: Harry Kane Responds to Bellingham's Distraction Attempt in Thrilling Semi-final
In a thrilling Champions League semi-final clash between Bayern Munich and Real Madrid, Bayern's star striker, Harry Kane, demonstrated nerves of steel as he responded to attempts by his compatriot, Jude Bellingham, to distract him during a crucial penalty kick.
The match at Allianz Arena saw...
Former Vice President Atiku Abubakar has condemned the recent tariff increases implemented by the Nigerian government, alleging that they unfairly burden Nigerian citizens and subsidize government inefficiencies.
In a statement issued in Abuja, Atiku criticized the government's failure to...
Kendrick Lamar has reignited his ongoing feud with Drake through his latest track, "Euphoria," which serves as a direct response to Drake's diss tracks. The tension escalated when Lamar fired back with pointed lyrics on "Like That," prompting Drake's retaliatory tracks, "Push Ups" and "Taylor...
![Today's Naira Rate [30-04-2024]: Naira Remains Firm at 1,350 as CBN Implements Measures to Attract FX Inflows](/data/attachments/203/203480-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria
Today's Naira Rate [30-04-2024]: Naira Remains Firm at 1,350 as CBN Implements Measures to Attract FX Inflows
The Nigerian naira maintained its position at 1,350 against the US dollar on the parallel market, signaling stability amidst recent economic fluctuations. While the official exchange rate at the Nigerian Autonomous Foreign Exchange Market (NAFEM) saw a decline to 1,419.11 per dollar, the Central...
In the latest assessment by VisaGuide’s World Passport Index, the Nigerian passport has retained its position among the bottom ten globally, currently ranking at 191 out of 199 countries. The passport's stagnant value places it alongside nations like North Korea, Iraq, Libya, and others...
Bayo Onanuga, the special adviser on information and strategy to President Bola Tinubu, has deleted a tweet after falsely claiming that the president secured a $600 million investment commitment from Maersk, a global shipping firm.
The erroneous statement was made following discussions between...
Nigeria
FG's Credibility Questioned Again: Maersk Refutes $600 Million Investment Claim Made by Presidency
In a twist of events, Robert Maersk Uggla, chair of Danish shipping giant A.P. Moller-Maersk, refuted claims of signing a $600 million investment deal with the Nigerian government. The denial comes after a statement attributed to Mr. Uggla surfaced, indicating plans for substantial investments...
Dangote Sugar Refinery Plc (DSR) has announced ambitious plans to ramp up local sugar production through its Backward Integration Programme (BIP), aiming to produce 700,000 metric tonnes of refined sugar from locally grown sugarcane within the next four years. Aliko Dangote, Chairman of DSR...
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