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DYNASTY POWER GRAB! Umahi’s 28-Year-Old Son Sworn In As Ebonyi Council Chairman In Shocking Ceremony!.
Osborn Umahi, the 28-year-old son of Minister of Works David Umahi, has officially been sworn in as the chairman of Ohaozara Local Government Area in Ebonyi State. Administered by Governor Francis Nwifuru, the inauguration followed his victory in the August 22, 2026, council elections, which saw the All Progressives Congress (APC) sweep all 13 chairmanship positions across the state. Attended by prominent political leaders and his father, the ceremony marked the formal entry of the civil engineering graduate—who holds a master’s degree in finance and investment management from the University of Aberdeen—into local government leadership.....KINDLY READ THE FULL STORY HERE▶
Reiterating a commitment made during his campaign, Osborn announced that he will forgo all salaries and allowances throughout his tenure, emphasizing that his entry into public office is driven by service rather than financial gain. He further pledged to prioritize infrastructural development, youth empowerment, local business support, and enhanced public service delivery for Ohaozara residents.
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THE NEW FX REALITY: Inside Today’s Dollar And Naira Exchange Rates For September 2026!.
What is the prevailing Dollar to Naira exchange rate within the parallel market, commonly referred to as the black market or Aboki FX? Below is the breakdown of the black market exchange rates for swapping dollars to naira.....KINDLY READ THE FULL STORY HERE▶
Current Black Market (Aboki Rate) Overview
At the Lagos parallel market, bureau de change (BDC) sources report that currency traders are selling the United States Dollar at ₦1403 while purchasing it at ₦1395.
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Black Market Selling Rate: ₦1403 per $1
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Black Market Buying Rate: ₦1395 per $1
Official Central Bank of Nigeria (CBN) Rates
Official figures indicate that transactions handled via banking channels operate within a different margin, reflecting the official market parameters.
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CBN Highest Rate: ₦1335
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CBN Lowest Rate: ₦1327
It is important to note that the Central Bank of Nigeria does not officially recognize or endorse the parallel market, continually advising individuals seeking foreign exchange to utilize authorized banking institutions. Furthermore, actual transaction rates across different dealers and locations may fluctuate relative to these figures due to market variance.
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GOVERNMENT EARTHQUAKE! Federal Government Drops Fresh Appointment Bombshell!.
The Federal Government has named Dr. Olugbenga A. Awe—a U.S.-based physician and academic—as the new Pro-Chancellor and Chairman of the Governing Council for the Federal University of Technology, Akure (FUTA) in Ondo State. Formalized through an official letter dated July 30, 2026, and signed by Education Minister Dr. Tunji Alausa, the appointment officially commenced on July 29, 2026, succeeding Senator Nora Ladi Daduut following her reassignment as Nigeria’s ambassador to South Korea.....KINDLY READ THE FULL STORY HERE▶
Dr. Awe brings a diverse background spanning medicine, enterprise, and educational administration to the role. After completing his studies at the University of Lagos and pursuing postgraduate training in Internal Medicine as well as Obstetrics and Gynaecology, he built an extensive academic and medical career, currently holding the position of Associate Professor of Medicine at the Mercer University School of Medicine in the U.S.
Stepping into leadership of FUTA’s governing council, Dr. Awe will collaborate with council members to steer the institution’s overall administration and strategic development, with the Federal Government leveraging his extensive international and academic expertise to advance the university.
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