The Naira experienced a surge on Monday as it appreciated against the dollar, trading at N741.50 at the investors and exporters window. This represented a 3.61 percent gain compared to the closing rate of N769.25 per dollar on June 30. Meanwhile, the open indicative rate settled at N760.39 to one dollar on Monday. During the day’s trading, the exchange rate hit a high of N792 to the dollar before eventually settling at N741.50. Conversely, the Naira reached its lowest point of the day at N696.37 to the dollar. An impressive sum of 88.68 million dollars was traded at the investors…
Author: Victor Fola
The National Security Adviser (NSA), Nuhu Ribadu, has revealed that criminal activities in the country are on the decline. Ribadu said this in a meeting involving the newly appointed service chiefs and President Bola Tinubu at Aso Villa, Abuja on Monday. This declaration followed President Tinubu’s emphasis on the imperative conditions for triumphing against terrorism and safeguarding the nation. Ribadu stressed: “Where we are today, you can see already things are improving in our country. “If you see the record of crimes and activities of criminals are going down, it will continue to go down. “We’ll secure this place. Nigerians…
Miss Ejikeme Mmesoma has been banned by the Joint Admissions and Matriculation Board (JAMB), which maintains that the Unified Tertiary Matriculation Examination (UTME) result she presented “is patently fake.” In a statement issued on Tuesday in Abuja and signed by Dr Fabian Benjamin, Acting Director of Public Affairs and Protocol, JAMB reiterated its decision to withdraw Mmesoma’s 2023 UTME result and barred her from sitting for the board’s examination for the next three years. The board had withdrawn the candidate’s UTME result on Sunday, accusing her of manipulating and falsifying her scores. However, in a new viral video on Monday,…
President Bola Tinubu has charged the newly appointed Service Chiefs, the National Security Adviser (NSA), and the acting Inspector General of Police (IGP) to collaborate effectively and fulfill the given mandate. This comes as the NSA, Mallam Nuhu Ribadu, assures the President and the entire nation that the security agencies will successfully secure the country and restore peace and stability. At the Presidential Villa in Abuja, President Tinubu held his inaugural meeting with the NSA, Service Chiefs, and acting IGP behind closed doors. Following the meeting, Mallam Ribadu, addressing State House correspondents, stated that the President emphasized the importance of…
The Osun state government has continued to come under severe criticisms for its outrageous and economic-hostile methods at conducting a staff audit for its civil service. Recall the Ademola Adeleke administration announced plans of a staff and workers’ verification with all civil servants expected to converge at a particular location. It also insisted that workers produce a record of their bank statement spanning a period of three years and six months. The scheme has since attracted loads of backlashes and intense push-backs from the workers who deemed it ‘outrageous’. Reacting to the controversial scheme, Senator Ajibola Basiru, a former Commissioner…
President Bola Ahmed Tinubu has given reassurance to the business community regarding his government’s unwavering commitment to policy consistency and creating a conducive business climate that attracts investment. During a meeting with the delegation from Shell Petroleum Development Company (SPDC), led by the Global Upstream Director, Ms Zoe Yujnovic, at the State House in Abuja, President Tinubu expressed his appreciation for SPDC’s offer to invest more in Nigeria’s oil and gas sector. He emphasized the importance of such investments to support the government’s obligations. President Tinubu recalled his personal pledge to Nigerians to attract fresh investments, stating that he is…
Dele Alake, spokesperson of President Bola Tinubu, has said that Nigerians are so far content with the leadership of the president. Issuing a statement on Sunday night, Alake emphasized the decisive leadership displayed by President Tinubu in his first month in office, which has steered the nation towards fiscal sustainability and socio-economic reforms. “In just one month in office, Nigerians appear satisfied with the decisive leadership of President Tinubu and the manner he is redirecting the country to the path of fiscal sustainability and socio-economic reforms”, he stated Alake also dismissed the European Union’s report that the general election held…
The Federal Government has rejected the final report of the European Union (EU) election observation mission in Nigeria on the 2023 polls, describing it as a ‘poorly done desk job’ The EU mission, on Tuesday, presented its report on the general election in Abuja. Barry Andrews, the chief observer, said the report was based on the analysis of compliance with Nigeria’s regional and international commitments for democratic elections. However, in a statement on Sunday by Dele Alake, special adviser to the president on special duties, communications and strategy, the federal government described the EU mission report as a poorly-done desk…
President Bola Tinubu has returned to the nation’s capital Abuja on Sunday afternoon from Lagos, 13 days after he departed to attend the Summit on New Global Financing Pact in Paris, France. Tinubu had returned to Lagos last Tuesday just in time to observe the Eid-el-Kabir festival in his home State. Recall that while away from Abuja, President Tinubu participated in the New Global Financing Pact signing in Paris. He left Paris for London, the United Kingdom (UK) on Saturday, June 24, on a private visit. He met with former President Muhammadu Buhari while in London. While in Lagos, apart…
Renowned American singer, Selena Gomez, has expressed her heartfelt appreciation to singer Rema for the opportunity to collaborate on his viral hit song, “Calm Down.” Taking to her Instagram page to share photos of her and Rema from their collaboration, Selena thanked him for the life-changing experience. She says “This man has changed my life forever. Rema, thank you for choosing me to be a part of one of the biggest songs in the world. Love you forever.” In response to Selena’s post, Rema reciprocated with a heartfelt declaration of his affection for her. “Love you too Queen ❤️,” he…