Foreign inflows bolster reserves, but naira continues to struggle under economic pressures

Nigeria’s External Reserves Reach 22-Month High Despite Naira Weakness Nigeria’s external reserves have reached a 22-month high of $37.31 billion, signaling significant foreign inflows into the economy. However, despite the growth in Nigeria’s external reserves, the naira has continued to struggle, ranking among the 10 worst-performing currencies globally, according to Bloomberg. The surge in Nigeria’s…

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2027 Elections: We’ll Act Against Non-Indigenes in Lagos, Says Ex-Minister Olanrewaju

Former Minister of Communications, Major General Tajudeen Olanrewaju (Retd.), has announced that measures are being planned to prevent non-indigenes from holding key political positions in Lagos during the 2027 elections. As the Alternate Chairman of De Renaissance Patriots Foundation, based in Ikorodu, Lagos State, Olanrewaju expressed concern over the ongoing exclusion of Lagos indigenes from…

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Atiku Aligns with PDP Faction Seeking Removal of Damagum as Acting National Chairman

The internal crisis in the PDP deepens as former Vice President Atiku Abubakar supports members of the party’s National Working Committee aiming to remove Umar Damagum from his leadership position Former Vice President Atiku Abubakar has thrown his support behind members of the National Working Committee (NWC) of the People’s Democratic Party (PDP) who are…

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Monday Okpebholo Clinches Victory in Edo Governorship Election for APC

In a keenly contested election, Monday Okpebholo wins the Edo governorship election, bringing the All Progressives Congress (APC) into power in the state. The APC candidate secured 291,667 votes, defeating his closest rival, Asue Ighodalo of the Peoples Democratic Party (PDP), who garnered 247,274 votes. Labour Party’s Olumide Akpata trailed behind with 22,763 votes. The…

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APC’s Okpebolo Leads as INEC Collation Centre Breaks for Result Updates

The Edo governorship election results are shaping up, with the APC’s Monday Okpebolo currently in the lead as the Independent National Electoral Commission (INEC) has declared results for 16 out of 18 local government areas. Voters participated in this highly anticipated election held across 4,519 polling units, showcasing the democratic engagement of over 2.2 million…

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PDP Accuses APC of Pressuring INEC to Halt Collation of Edo Election Results

The Peoples Democratic Party (PDP) has accused the All Progressives Congress (APC) of exerting pressure on the Independent National Electoral Commission (INEC) and the Edo State Resident Electoral Commissioner, Anugbum Onuoha, to suspend the collation of results from the recent governorship election. According to PDP spokesman Debo Ologunagba, intelligence reports suggest that the APC is…

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Technology and Economic Struggles Impact Church Attendance in Nigeria

In Nigeria, advancements in technology alongside worsening economic conditions are significantly affecting church attendance, particularly on Sundays. Many worshippers now prefer to participate in services online rather than attending in person, a shift observed by BusinessDay. Historically, attending church physically was a common practice. However, the convenience of streaming services has led many to choose…

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Arson Attack: Governor Peter Mbah’s Petrol Station Torched in Enugu

In a troubling incident, Governor Peter Mbah’s petrol station—Pinnacle Oil—was engulfed in flames in Enugu. The arson attack occurred along Agbani Road, directly across from Roban Stores, sending shockwaves through the local community. Details surrounding the fire remain limited, but reports indicate that unidentified hoodlums executed the attack, raising urgent concerns about security and the…

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