Speaking on Channels Television’s The Morning Brief programme, economic analyst Oyalowo highlighted a crucial factor behind the nation’s economic difficulties: the weak performance of the naira against the dollar. “I don’t think the price of fuel is a major problem; what is causing most of this problem is the rate at which our naira is priced against the dollar,” Oyalowo stated.
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In the Big Brother house, the drama continues to simmer as small pepper Kassia sets her sights on Nelly. The tension between them reached a boiling point after Nelly’s recent switch to Onyeka’s team.
Popular food critic Opeyemi Famakin recently found himself in the middle of a brewing controversy after reviewing Cubana Chiefpriest’s new restaurant, Donald’s. Opeyemi, known for his candid and often harsh food reviews, didn’t hold back when criticizing the restaurant, calling out the “hard pastries” among other complaints.
As Nigerians anticipate the release of petrol from the $20 billion Dangote Petroleum Refinery, the Nigerian National Petroleum Company Limited (NNPC) has announced it will begin lifting the product on September 15. However, NNPC highlighted that petrol prices will be influenced by foreign exchange rates and market forces due to the deregulated nature of the market. Oil marketers reported that approximately 2,000 tankers are waiting at depots across Lagos, Warri, and Port Harcourt for fuel.
Former President Olusegun Obasanjo has confidently asserted that during his tenure as Nigeria’s leader from 1999 to 2007, he fulfilled his responsibilities effectively and managed the country’s affairs with diligence. Speaking at a recent lecture in Lagos, Obasanjo took pride in his accomplishments and the economic strides made during his presidency.
On Tuesday, Dan Ulasi, a former Chairman of the Peoples Democratic Party (PDP) in Anambra State, refuted claims that the party had summoned the Minister of the Federal Capital Territory (FCT), Nyesom Wike, to appear before its disciplinary committee. The assertion came amidst confusion over Wike’s role and actions following his appointment by President Bola Tinubu.
Former beauty queen, Ms. Aderinoye Queen Christmas, also known as Ms. Queen Oluwadamilola Aderinoye, has surrendered to the Lagos Command of the National Drug Law Enforcement Agency (NDLEA) after evading capture for approximately eight months. The development was disclosed in a statement by Femi Babafemi, the NDLEA Director of Media & Advocacy.
Senate President Godswill Akpabio has announced a symbolic move by the 10th National Assembly in collaboration with President Bola Tinubu’s administration to reinstate the old national anthem. Akpabio emphasized that this gesture is a step towards forging a unified future for Nigeria.
The Nigeria Professionals in Diaspora group has praised Dr Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS), for his innovative crypto tax reforms, describing them as a game changer for Nigeria’s economy.
In a recent press conference held in Abuja, about 1000 Coalition of Civil Society Organisations (CSOs) lauded Dr. Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS), for his groundbreaking efforts in modernizing Nigeria’s tax system to incorporate cryptocurrencies.
President Bola Ahmed Tinubu has assured Nigerians that his administration’s recent tough policy decisions are aimed at improving living conditions across the country.
In a significant development for Nigeria’s judiciary, President Bola Tinubu has officially sworn in Justice Kudirat Kekere-Ekun as the Acting Chief Justice of Nigeria (CJN). The ceremony took place today at the Presidential Villa, with Justice Kekere-Ekun taking her oath of office at approximately 11:38 am. She was promptly seated in the Council Chambers at 11:45 am, marking the beginning of her tenure in this pivotal role.
A Chinese company, Zhongshan Fucheng Industrial Investment Ltd, has successfully seized another Nigerian asset in Canada. This time, it’s a luxury jet worth $57 million.
On Wednesday, President Bola Tinubu embarked on a three-day official visit to Malabo, Equatorial Guinea. The visit follows an invitation from President Teodoro Obiang Nguema Mbasogo.
In a strategic move to address the growing issue of healthcare workforce migration, President Bola Tinubu has endorsed a new national policy designed to retain Nigerian healthcare professionals within the country. This development was announced by Ali Pate, the Coordinating Minister of Health and Social Welfare, who described the policy as a comprehensive effort to manage, harness, and reverse the trend of healthcare professionals leaving Nigeria.
The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has stirred controversy with his recent remarks on bridal makeup. Speaking at the Redemption City in Mowe, Ogun State, the revered cleric suggested that women who wear makeup, particularly on their wedding day, do not believe that God did a perfect job in creating them.
Nigerian crossdresser and social media personality James Brown has issued a stern warning to his fellow crossdressers following the tragic death of Abuja’s popular crossdresser, Area Mama. Area Mama, known for her vibrant personality and bold fashion choices, was brutally murdered yesterday in a shocking act of violence that has sent ripples of fear and grief through the LGBTQ+ community in Nigeria.
The Federal Government of Nigeria has issued a travel alert to its citizens planning to travel to the United Kingdom, citing increased risks of violence and unrest involving anti-immigration far-right groups. This advisory follows violent clashes in the UK, sparked by the tragic deaths of three young girls at a concert.
Idris Okuneye, widely known as Bobrisky, has been released from prison following his conviction for mutilating naira notes.
The #EndBadGovernance protests in Lagos are set to resume today, August 5, 2024, despite a presidential address aimed at addressing the demonstrators’ grievances.
Nigerian telecom operators have refuted claims of deliberate internet disruptions during the recent #EndBadGovernance protests. Instead, they have attributed the network outages to physical damage caused by protesters.
