redesigned naira

The Naira depreciates slightly, trading at 445.83 per dollar

02 Dec 2022

The Naira was trading at 445.83 to the dollar at the Investors and Exporters window on Thursday, down 0.12% from the previous day’s rate of 445.30. On Thursday, the open indicative rate was N444.60 to the dollar. The highest rate recorded during the day’s trading was N447 to the dollar before it settled at N445.83. […]

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OPEC is poised to stick or cut further as part of a plan to cap Russian oil prices

02 Dec 2022

In the face of falling prices, a potential Russian oil price cap, and an embargo on Russian crude shipments, major oil producers are expected to stick to their current output strategy or even cut production further when they meet on Sunday. At their most recent ministerial meeting in October, the 13-nation Organization of Petroleum Exporting […]

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BREAKING: The United States Supreme Court has announced that it will hear arguments on the legality of President Biden’s student loan debt relief plan

02 Dec 2022

The United States Supreme Court announced on Thursday that it will review the legality of President Joe Biden’s federal student loan debt relief plan, putting borrowers on track to learn the program’s fate by next summer.  Lower courts have been blocking the program, which would grant up to $10,000 or $20,000 in federal debt relief […]

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ASUU demands Ngige be sacked immediately

02 Dec 2022

The Academic Staff Union of Universities (ASUU) has demanded that the Minister for Labour and Productivity be fired immediately, accusing him of complicating the impasse between the government and ASUU.  Professor Chike Ugwuene, Chairman of ASUU, Michael Okpara University of Agriculture Umudike, MOUAU, made the demand during an ASUU rally at the university, accusing Ngige […]

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Harry Maguire made fun of in a Ghanian Parliament

01 Dec 2022

 A Ghanaian MP has mocked Harry Maguire, comparing the country’s vice president to the England and Manchester United star.  During a debate in Ghana’s parliament, Issac Adongo compared Dr Mahamudu Bawumia’s performance to the defender’s decline since moving to Old Trafford.   MPs erupted in laughter at Mr Adongo’s unexpected football analogy, in which he […]

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First Lady, Aisha Buhari expected to testify against student who trolled her on Twitter

01 Dec 2022

Aisha Buhari, the First Lady, is expected to testify against Aminu Mohammed, a student at the Federal University of Dutse in Jigawa who criticized her on Twitter. Aisha is one of five witnesses named by the prosecution to testify against Mohammed in court. Meanwhile, the police claimed that the defamation and cyberstalking offense violated Section […]

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Dr. Zainab Ahmed, Finance Minister

Finance Minister, Dr. Zainab Ahmed claims Nigeria is not bankrupt

01 Dec 2022

Despite rising living costs that have pushed the majority of Nigerians into multidimensional poverty, the Federal Government has maintained that Nigeria is not bankrupt. Dr. Zainab Ahmed, Minister of Finance, Budget, and National Planning, announced at a news conference in Abuja to unveil the administration’s scorecard in the sector from 2015 to date. However, the […]

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Adeleke refuses to meet with the handover team, Adegboyega Oyetola cries out

01 Dec 2022

Mr. Adegboyega Oyetola, the former governor of Osun State, accused his successor, Governor Ademola Adeleke, yesterday of refusing to meet with his administration’s handover team. Adeleke had formed a transition committee to work with the Oyetola administration, but the committee, led by Dr. Muyiwa Oladimeji, claimed that the Oyetola team refused to cooperate. However, Oyetola, […]

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“Among all presidential candidates, only Atiku is ready and has a clear mind to lead Nigerians” – Reno Omokri

01 Dec 2022

Pastor Reno Omokri, the number one bestselling author and former aide to ex-President Goodluck Jonathan, has stated that among the presidential candidates vying for Nigeria’s presidency, only Atiku Abubakar is prepared and the only candidate with the lucid mind to lead Nigerians. He stated that because Nigeria’s problems are multifaceted, the country only requires a […]

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