Market sources indicate that parallel market (black market) operators in Lagos traded the dollar at a selling rate of ₦1430 and a buying rate of ₦1415 on Friday, August 7, 2026.....KINDLY READ THE FULL STORY HERE▶

Meanwhile, official rates via the Central Bank of Nigeria (CBN) recorded a high of ₦1367 and a low of ₦1363. Please note that the CBN does not officially recognize parallel market transactions and advises individuals to conduct foreign exchange dealings through authorized banking channels. Actual transaction rates may also vary depending on specific market conditions and locations.

During the inauguration of the Nigeria Democratic Congress (NDC) reconciliation committee, NDC chieftain Buba Galadima revealed that Bauchi State Governor Bala Mohammed is currently straddling the political fence and could potentially align with either the NDC or President Bola Tinubu of the APC for the 2027 polls.....KINDLY READ THE FULL STORY HERE▶

Galadima shared that Governor Mohammed had previously considered defecting after a late-night meeting, but ultimately backed out due to advice against joining a party that already features a strong presidential candidate.

In a separate development, Governor Mohammed recently swore in four new commissioners—Madaki Ahmad Gololo, Bashir Yau, Bashir Adamu Rishi, and Baraya Ibrahim—to fill vacancies left by officials who resigned to pursue political ambitions, were removed, or stepped down voluntarily ahead of the upcoming general elections. Emphasizing integrity and transparency, the governor noted that the appointments ensure continued representation for the affected local government areas in the State Executive Council.

The Executive Secretary of the Nigerian Christian Pilgrims Commission (NCPC), Bishop Stephen Adegbite, recently shared on TVC that Catholic Cardinal John Onaiyekan initially chose not to acknowledge Bola Tinubu as president after the 2023 election until the Supreme Court delivered its final verdict.....KINDLY READ THE FULL STORY HERE▶

During the interview, Bishop Adegbite explained how he and others countered that Nigeria already had a sitting president unless the court ruled otherwise. Expanding on political engagement, Adegbite advised politicians and supporters to focus on promoting their preferred candidates’ achievements rather than disparaging opponents, noting that the administration’s performance—such as major infrastructure initiatives like the Lagos-Calabar Coastal Highway and the Sagamu-Benin Expressway—will ultimately shape public opinion for future elections.

Additionally, the bishop criticized the rising wave of politically motivated prophecies from religious figures, stating that many of these predictions fail and are merely designed to generate public attention and boost social media engagement.