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“Dollar Surges As Naira Struggles — Black Market Rates Hit New Highs On August 25”
The dollar-to-naira exchange rate in Nigeria’s parallel market, widely referred to as the black market, showed slight movement on Sunday, 24th August 2025. According to market findings monitored by Nivo News, currency traders in Lagos reported that the dollar was purchased at ₦1,550 and sold at ₦1,540 in major trading hubs, based on information from Bureau De Change (BDC) operators.....KINDLY READ THE FULL STORY HERE▶
Analysts note that these unofficial market rates remain outside the Central Bank of Nigeria’s (CBN) purview, as the apex bank has consistently urged individuals and businesses seeking foreign exchange to transact through authorized financial institutions rather than the black market.
Meanwhile, official data showed that the naira exchanged between ₦1,534 and ₦1,536 per dollar at the CBN window on the same day. Market observers caution that rates may vary across locations, as parallel market pricing often fluctuates with real-time supply and demand conditions.
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World Cup Lifeline: Ante Budimir Strike Keeps Croatia’s Knockout Dreams Alive.
On Tuesday, June 24, 2026, England’s World Cup progress faced a hurdle after a 0-0 draw against a disciplined Ghana side at Gillette Stadium. Despite commanding 72 percent of possession and holding an 18-2 advantage in shots, Thomas Tuchel’s team could not find the net, with Nico O’Reilly’s late header against the crossbar serving as the match’s most significant threat. Although England and Ghana remain tied at four points, England maintains the top spot in Group L due to goal difference.....KINDLY READ THE FULL STORY HERE▶
In other Group L action held in Toronto, Croatia boosted their chances of advancing with a 1-0 victory over Panama. The match was marked by Luka Modric’s milestone 200th international appearance and was decided by a second-half goal from Ante Budimir, who scored following a cross from Josip Stanisic. This result officially eliminated Panama and established a critical upcoming match between Croatia and Ghana to determine which team moves to the knockout stages.
Meanwhile, in Group K, Colombia clinched a spot in the last 32 after a 1-0 win against DR Congo in Guadalajara. Daniel Munoz netted the decisive goal in the 76th minute after receiving a pass from Juan Fernando Quintero. This victory places Colombia at the top of their group, while DR Congo now faces a must-win scenario against Uzbekistan in their final match to remain in contention.
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Mass Exodus! Adeleke’s Top Aides Join Forces With APC, Vow To Deliver Victory For Oyebamiji!.
In a significant political shift ahead of the August 15 Osun State governorship election, two aides to Governor Ademola Adeleke and several Accord Party (AP) leaders have defected to the All Progressives Congress (APC). The defectors, who were welcomed at the Ileri-Oluwa House in Osogbo, have pledged their support to the APC’s gubernatorial candidate, Bola Oyebamiji.....KINDLY READ THE FULL STORY HERE▶
The individuals moving to the APC include:
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Moyoade Lukman, the Senior Special Assistant to the Governor on Market Affairs.
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Azeez Kazeem, a Senior Special Assistant in the Governor’s Office.
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Dr. Leye Olagbaju, a former Accord Party House of Representatives aspirant for the Ife Federal Constituency.
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Asamo Gbenga, an Accord youth leader in Ife-Central Local Government, and Ojuolape Olagbaju.
The defectors cited a lack of faith in the current ruling party’s electoral prospects and expressed confidence in Oyebamiji’s leadership abilities to foster development in the state. Speaking for the group, Dr. Olagbaju committed to mobilizing their existing political structures to ensure Oyebamiji’s victory in the upcoming election, describing him as a well-prepared leader.
Wole Oke, Director-General of the APC Campaign Council, officially received the new members and promised them equal status within the party. Furthermore, Oke claimed that additional aides and even commissioners from Governor Adeleke’s administration are preparing to resign and join the APC, with plans to unveil them publicly soon.
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Democracy Under Fire: EFCC Declares War On Ekiti Election Saboteurs After Shocking Polling Unit Assault!.
The Economic and Financial Crimes Commission (EFCC) has launched an investigation to identify individuals who drove its officers away from a polling unit during the June 20, 2026, Ekiti State governorship election. The incident occurred at Polling Unit 10, Ward B in Iyin-Ekiti, where voters challenged the presence of anti-graft operatives tasked with monitoring potential vote-buying. The confrontation led to the peaceful withdrawal of the EFCC personnel, though voting proceeded thereafter.....KINDLY READ THE FULL STORY HERE▶
Describing the incident as an illegal act that sets a dangerous precedent, EFCC sources emphasized that the commission is committed to fulfilling its mandate and will hold the participants accountable. Key points from the commission’s response include:
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The EFCC views the obstruction of its officers as an unacceptable attack on its statutory responsibilities.
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Officials stated they are actively seeking those involved to ensure they face the legal consequences of their actions.
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The commission warned that such behavior could embolden future interference with law enforcement, which the agency is determined to prevent.
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The EFCC affirmed it will not be intimidated or deterred from its mission to sanitize the electoral process and combat vote-buying.
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