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![[VIDEO] Davido Dazzles UNGA Audience with Unforgettable Performance at UBA Anniversary](/data/attachments/208/208633-d1986828e0461f787a05bae183aa6a35.jpg?hash=XlvrdZoJTu)
Davido wowed the audience at the United Bank for Africa’s 75th anniversary during the UN General Assembly, performing hits like "Aye" and "Risky." Attended by key figures, including Vice-President Kashim Shettima, the event spotlighted calls for Nigeria and Africa's permanent seats on the UN...
![[VIDEO] Influencer @maryam_Jidayi on X: Nigerians Alarmed by Mouldy Rice Distributed to Flood Victims in Maiduguri](/data/attachments/208/208632-49b7815191bb21fbfa0b9bf24b03fc9c.jpg?hash=RJo11vw8Sq)
Nigeria
[VIDEO] Influencer @maryam_Jidayi on X: Nigerians Alarmed by Mouldy Rice Distributed to Flood Victims in Maiduguri
A recent video shared by influencer @maryam_Jidayi on X revealed poor-quality, potentially expired rice being distributed to flood victims in Maiduguri, Borno State. This has sparked outrage among Nigerians, who criticize the government for inadequate support and call for better accountability...
- Featured
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...
Kudirat Kekere-Ekun, acting Chief Justice of Nigeria, is undergoing Senate confirmation screening today. President Bola Tinubu has nominated her for the position following the retirement of Olukayode Ariwoola. If confirmed, Kekere-Ekun will make history as the first woman to hold the office in...
Former President Goodluck Jonathan criticized the recent Edo State governorship election, stating that technology cannot solve Nigeria's electoral problems without a change in mindset. He emphasized that leadership struggles are a root cause of conflict, urging for integrity in the electoral...
Investigative journalist Fisayo Soyombo reacts to allegations against Bobrisky, questioning public awareness of corruption in Nigeria's justice system. He emphasizes that wealth and influence often allow individuals to bypass legal consequences, exposing deep institutional decay. Nigerians share...
The APC dismissed Peter Obi as a "serial complainer" following his criticism of the Edo governorship election. Felix Morka, APC spokesperson, said Obi's refusal to accept election results is irrelevant. He urged defeated candidates to pursue legal action, citing unsubstantiated claims.
The All...
- Featured
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...
![Today's Naira Rate[25-09-2024]: Naira Depreciates to N1,658.48 as CBN Raises Interest Rates for Fifth Time in 2024](/data/attachments/208/208624-4803cd99f027345ad0bd4f909c6fbdcc.jpg?hash=PERHMQHP25)
Nigeria
Today's Naira Rate[25-09-2024]: Naira Depreciates to N1,658.48 as CBN Raises Interest Rates for Fifth Time in 2024
The naira fell by N95.83 to N1,658.48 against the dollar after the Central Bank of Nigeria's rate hike. Increased dollar supply saw market activity surge by 66%. The CBN raised interest rates to 27.25% to stabilize the currency amid growing inflation and monetary supply concerns.
The naira...
The Central Bank of Nigeria (CBN) will penalize banks that fail to dispense cash via ATMs, aiming to ensure sufficient cash availability. CBN Governor Yemi Cardoso announced a monitoring system for compliance and plans to release an additional N1.4 trillion into circulation over the next three...
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