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Naira Continues to Gain Strength Against World Currencies, Exchanges for N1520 to Dollar

  • July 26, 2025
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The Naira exhibited remarkable strength in the parallel market, concluding the week at N1,520/$1, surpassing the Central Bank of Nigeria (CBN) rate.   Throughout the week, the currency reached its zenith in the parallel market, closing at N1,520/$1, which is N14 more favorable than the official CBN rate of N1,534/$1 as of Thursday’s market close. […]

Influencer Remanded Over False Claim on Tinubu’s Health

  Abuja Chief Magistrate Court has ordered the remand of a 29-year-old social media influencer, Ghali Isma’il, at the Keffi Correctional Centre for allegedly spreading fake news about President Bola Tinubu’s health.   Isma’il, who hails from Jogana village in Gezawa Local Government Area of Kano State, was arraigned on Friday on a two-count charge […]

FG Orders Sack of Unqualified Teachers, Warns TRCN Governing Council to Deliver or Step Aside

  The Federal Government has issued a strong directive for the immediate removal of unqualified teachers from classrooms across Nigeria, signaling a major step toward overhauling the nation’s education system.   The Minister of Education, Dr. Tunji Alausa, made the call during the inauguration of the newly constituted 5th Governing Council of the Teachers Registration […]

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Former Attorney General Malami to Face Probe Over Multiple Suspicious Transactions

  • July 26, 2025
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Former Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, is set to be questioned by Nigerian authorities over at least five controversial transactions executed during his tenure in office.   According to legal and investigative sources, the probe will focus on financial decisions and agreements made under Malami’s watch that have […]

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Tinubu Floats N4 Trillion Bond to Offset Power Sector Liabilities

  • July 26, 2025
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The Special Adviser to the President on Energy, Mrs. Olu Verheijen, has revealed that after a meeting between President Tinubu and power generation companies (GenCos) representatives at the Presidential Villa in Abuja on Friday, it was resolved to float a N4 trillion bond.   This advancement was corroborated by a statement signed by the President’s […]

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Over 12,000 Youths Selling BVN, NIN to Fintech Companies, Says EFCC 

  • July 26, 2025
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The Economic and Financial Crimes Commission (EFCC) has revealed that approximately 12,000 Nigerian youths are engaged in the illicit trade of personal data, including Bank Verification Numbers and National Identification Numbers, to certain fintech institutions for a sum of around N5,000.   This revelation was made public through a statement released by the Commission on […]

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Eko Electricity Distribution Company Announces 24-hour Outage Across Network

  • July 26, 2025
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Eko Electricity Distribution Company (EKEDC) has disclosed a forthcoming power interruption orchestrated by the Transmission Company of Nigeria (TCN) spanning approximately 24 days across its network coverage.   This announcement is encapsulated in a public notice issued by EKEDC to its clientele on Friday, July 25, 2025, wherein it delineated that the outage will transpire […]

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2027 Election: Tinubu Camp on Strong Political Footing Amid Opposition in Disarray 

  • July 26, 2025
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As political tensions begin to mount ahead of the 2027 general elections, allies of President Bola Ahmed Tinubu have expressed confidence in his re-election bid, pointing to the overwhelming strength of the All Progressives Congress (APC) and the disarray within opposition parties.   Drawing comparisons to the 2015 general elections — the last time a […]

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UNILAG Sets Dates for Post-UTME Registration

The University of Lagos has announced that online registration for the Post-UTME screening exercise for the 2025/2026 academic year will begin on July 28 and end on August 20.   To be eligible, candidates must have made UNILAG their first choice in the UTME, scored 200 and above, and possess five credit passes in relevant […]