New articles
SEC announces plans to delist Naira from peer-to-peer (P2P) platforms amidst concerns over cryptocurrency manipulation in Nigeria. This move aims to safeguard investors and regulate the digital asset space effectively.
In a move to address rising concerns over cryptocurrency manipulation...
Nigeria mandates 1.9 million Point of Sale (PoS) agents to register with the Corporate Affairs Commission (CAC) to curb rising fraud incidents, which accounted for 26.37% of cases in 2023. This directive aims to enhance transparency in financial transactions and improve regulatory oversight in...
![Today's Naira Rate [05-05-2024]: Naira Weakens to 1,430 Against USD as Demand for Foreign Currency Skyrockets](/data/attachments/203/203661-8457c57119a478bc5717b11aa4a694ef.jpg)
Amidst rising demand for foreign currency, the Nigerian Naira depreciates to 1,430 against the US dollar on the parallel market, signifying a 5.49% decline. Factors driving this include increased demand for travel and education. Analysts anticipate stability within the current band. Explore the...
In a contentious development, Atiku Abubakar accuses Bola Tinubu of nepotism and conflict of interest in the Lagos-Calabar highway project, citing Tinubu's son's ties to Gilbert Chagoury. Allegations raise concerns over transparency and fair procurement.
Former Vice President Atiku Abubakar...
Super Eagles coach Finidi George emphasizes the importance of victory in the upcoming 2026 FIFA World Cup qualifiers against South Africa and Benin. With Nigeria yet to secure a win, George asserts readiness and collective responsibility. The team aims for success to secure their spot in the...
Americas
Louisiana Man Fighting for Life After Being Pushed into Lake By Friend: Family Seeks Justice
In a tragic incident, a Louisiana man, Christopher Gilbert, fights for life after being pushed into a lake by friends despite his inability to swim. The family seeks justice as they demand accountability from those responsible for the incident. Gilbert's recovery and legal action prompted...
Adekunle Gold defends wife Simi against producer Samklef's accusations of ingratitude, sparking praise from Nigerians. Samklef called out Simi, demanding a public apology for perceived wrongs. Gold rebuffed the claims, asserting Simi owes nothing
Singer Adekunle Gold recently took to social...
Ikeja DisCo announces a significant tariff reduction for Band A electricity consumers to N206.80/kwh, effective May 6, 2024. NERC approved the adjustment from the earlier N225/kwh. This move impacts energy affordability and subsidy reduction, aligning with the government's economic realignment...
In the spotlight, BBN's Phyna faces backlash for her sponsored Maldives vacation, drawing attention due to past criticism of women's body flaunting. Social media erupts with mixed reactions as netizens question her previous stance, igniting debates on hypocrisy and self-expression.
Tongues...
Nigeria
Lagos Residents React to Shocking Commissioner's Report: 80% of Ibeju Lekki Structures Unauthorized
Lagos Commissioner reveals 80% of Ibeju Lekki buildings lack approval, sparking concerns. Dr. Oluyinka Olumide highlights zoning issues and regulatory challenges. Residents demand transparency amidst unregulated real estate developments.
The Lagos State Commissioner for Physical Planning and...
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