As of Wednesday, June 17, 2026, the dollar continues to trade at a premium on the parallel market (often referred to as the Aboki FX market). According to data gathered from Bureau De Change (BDC) operators in Lagos, the rates for the U.S. dollar are as follows:....KINDLY READ THE FULL STORY HERE▶

The Supreme Court has effectively ended the legal dispute regarding the potential deregistration of the Action Peoples Party (APP), confirming its status as a legally registered political entity. A five-member panel of the Supreme Court, presided over by Justice John Inyang Okoro, dismissed Appeal No. SC/CV/248/2026 on May 12, 2026, after the appellant, Mr. Blessing Elujiuba, chose to formally withdraw the case.....KINDLY READ THE FULL STORY HERE▶

This ruling leaves the previous decisions of the Federal High Court and the Court of Appeal, both of which favored the APP, final and binding. The initial legal challenge aimed to force the Independent National Electoral Commission (INEC) to deregister the party, alleging it did not meet the requirements set out in Section 225A of the 1999 Constitution.

The Court of Appeal in Owerri had previously dismissed these claims, with the court noting that the APP provided valid evidence of its electoral success, such as winning a councillorship seat in Jigawa State and victories in local government elections in Rivers State. The appellate judges also supported the interpretation that Section 225A should be read disjunctively, meaning a party only needs to meet one of the stipulated conditions to remain registered.

With this definitive ruling from the Supreme Court, the legal threats against the party’s leadership and its ability to participate in the 2027 general elections have been resolved in the party’s favor.

In their first FIFA World Cup appearance in 52 years, the Democratic Republic of Congo delivered a resilient performance to secure a 1-1 draw against Portugal in their Group K opener. This result adds to Portugal’s ongoing struggles in World Cup tournament debuts, marking only one victory in their last five opening matches.....KINDLY READ THE FULL STORY HERE▶

Portugal initially took control when João Neves scored a header from a Pedro Neto cross just six minutes into the game. While Portugal sought to capitalize on their lead, the Leopards maintained defensive discipline and began to find their rhythm. DR Congo’s persistence was rewarded just before halftime when Yoane Wissa headed in a corner, marking the nation’s first-ever goal in World Cup history.

The second half saw Portugal attempt to increase the pressure, though a potential go-ahead goal from João Cancelo was overturned due to an offside call. Cristiano Ronaldo also had an opportunity to secure a victory but was unable to convert a pass from Francisco Conceição. Despite efforts from both teams to find a late winner, the match concluded in a stalemate.

This draw marks a notable improvement for DR Congo, who previously exited the tournament without a point or a goal in their last appearance. With upcoming matches against Colombia and Uzbekistan, the team now holds realistic ambitions of advancing to the knockout stages.