Following his official selection as the presidential candidate for the Nigeria Democratic Congress (NDC) for the 2027 general elections, Peter Obi has detailed his strategy to combat Nigeria’s pressing challenges of unemployment and corruption.....KINDLY READ THE FULL STORY HERE▶

Obi highlighted the critical need to support Micro, Small, and Medium Enterprises (MSMEs) to drive economic growth and job creation. He argued that the official unemployment rate of 4% does not reflect the reality on the ground, pointing out that actual unemployment and underemployment figures surpass 30%, with youth unemployment exceeding 40%—some of the highest rates in the world. To address this, he proposed an aggressive strategy to bolster MSMEs through specialized interest rates, targeted tax incentives, and improved access to funding across key sectors including agriculture, manufacturing, sports, entertainment, and distribution.

Regarding his approach to governance and corruption, the former Anambra State governor promised a measurable and verifiable reduction in systemic graft and the baseline costs of running the government. He committed to managing public funds with total transparency, accountability, and prudence, ensuring that every government expenditure provides clear, demonstrable value to the Nigerian people.

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Following his recent primary victory, African Democratic Congress (ADC) presidential candidate Atiku Abubakar has initiated the process of selecting a running mate for the upcoming 2027 general election. Although Atiku secured the party’s nomination amid objections from fellow contenders Rotimi Amaechi and Mohammed Hayatu-Deen, he has publicly urged both men to unite with him to challenge the ruling All Progressives Congress (APC).....KINDLY READ THE FULL STORY HERE▶

Despite these overtures, reports indicate that neither Amaechi nor Hayatu-Deen is currently being considered for the vice-presidential position. Instead, focus has shifted toward the South-East region, a zone viewed by party insiders as a strategic political ally. Emeka Ihedioha, the former governor of Imo State, has emerged as a leading candidate for the role. Ihedioha is noted for his loyalty to the party and his significant efforts in securing regional support for Atiku during the primaries, unlike many others who defected to the Nigeria Democratic Congress (NDC).

Conversely, concerns persist regarding Amaechi’s political influence, with sources suggesting that his lack of firm control over his home state, Rivers, and the broader South-South region makes his selection a strategic risk. Regarding the selection timeline, Atiku’s Special Adviser, Paul Ibe, confirmed that the party is actively consulting to finalize its ticket in accordance with the Independent National Electoral Commission (INEC) schedule. While Ibe dismissed the likelihood of Amaechi being selected, he remained non-committal regarding Ihedioha’s candidacy, stating only that consultations remain ongoing.

If you are looking to exchange currency, here are the rates for the black market (parallel market) as of Saturday, May 30, 2026. Please be aware that these figures are based on reports from Bureau De Change (BDC) sources.....KINDLY READ THE FULL STORY HERE▶

• • Parallel Market (Black Market) Rates: In the Lagos parallel market, the selling rate for a dollar is ₦1384, while the buying rate is ₦1376.

  • Official CBN Rates: The Central Bank of Nigeria (CBN) does not officially recognize parallel market transactions and advises individuals to conduct all foreign exchange activities through their commercial banks. For reference, the official CBN rates on this date ranged from a high of ₦1375 to a low of ₦1372.

  Important Disclaimer Please keep in mind that actual market rates for buying or selling foreign exchange can fluctuate and may differ from the figures provided in this report.