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In a rare development that has sparked cautious optimism across Nigeria’s financial sector, the naira on Wednesday, July 17, 2025, recorded a near-perfect alignment between the official and parallel market exchange rates. The naira traded at ₦1,536 per dollar in the official market and ₦1,535 per dollar in the parallel market, bringing the exchange […]
For many Nigerians, the word “reform” has become synonymous with disappointment. Over the years, successive governments have introduced policies promising change, yet most have left citizens worse off. From failed subsidies to ambitious economic blueprints that never took root, the average Nigerian has learned to take official pronouncements with more than a pinch of salt. […]
President Bola Ahmed Tinubu received a rousing welcome today as he arrived in Kano State for a working visit. Massive crowds lined the streets from the Mallam Aminu Kano International Airport to key parts of the city, chanting slogans of support, waving banners, and displaying cultural enthusiasm through traditional dances and music. The president’s […]
Renowned Nigerian author, Chimamanda Ngozi Adichie has stirred conversations online following comments attributed to her regarding the current state of insecurity in southeastern Nigeria. In a televised interview excerpt that recently surfaced on social media, Adichie was quoted saying that many Igbos, including herself, now prefer staying in cities like Lagos or Abuja over […]
Anambra State Governor, Professor Chukwuma Charles Soludo, has declared that effective governance must begin at the grassroots level to ensure that the real needs of the people are captured and addressed. Governor Soludo made this known during a visit to several markets in Anaocha Local Government Area on Thursday, as part of his ongoing consultations […]
The African Democratic Congress (ADC) has called out President Tinubu’s government for what it describes as a cynical and opportunistic attempt to exploit the death of former President Muhammadu Buhari for political gains. In a statement signed by its Interim National Publicity Secretary, Mallam Bolaji Abdullahi, the party criticised the choreographed Federal Executive Council […]
Nigeria’s electricity subsidy has witnessed a staggering surge, jumping by over 219% within one year, rising from ₦610.06 billion in 2023 to an estimated ₦1.95 trillion in 2024. This sharp escalation highlights growing fiscal pressure on the Federal Government and the mounting cost of sustaining power subsidies amid broader economic reforms. Despite […]
The Acting National Chairman of the Peoples Democratic Party (PDP), Ambassador Iliya Damagum, has downplayed the recent resignation of former Vice-President Atiku Abubakar from the party, describing it as neither surprising nor unprecedented. Speaking to journalists on Friday in Bauchi, Damagum said Atiku’s latest exit fits a familiar pattern within the PDP’s political […]
The Plateau State Government has voiced deep frustration over what it describes as the Nigerian Army’s failure to apprehend or neutralise armed assailants who brutally killed 27 farmers in Tahoss community, Riyom Local Government Area, on Monday. Speaking on Channels Television’s “The Morning Brief” on Friday, the state’s Commissioner for Information, Joyce Ramnap, criticised the […]
