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Naira Under Pressure As Black Market Dollar Hits ₦1,475 In Fresh Surge.
The Dollar to Naira exchange rate continued to draw attention on Thursday as traders in the Lagos parallel market maintained active demand for foreign currency. According to Nivo News, dealers at the black market sold the US dollar for ₦1,475 and bought at ₦1,462 on November 27, reflecting ongoing fluctuations in the Forex environment amid persistent market pressures.....KINDLY READ THE FULL STORY HERE▶
Market operators disclosed that the rates remained largely influenced by the level of liquidity and speculative activities within the informal exchange window. Despite the heavy reliance on the parallel market by many Nigerians, the Central Bank of Nigeria reiterated that it does not recognise black market transactions and encouraged citizens seeking foreign exchange to approach their banks for officially approved rates.
At the official window, data monitored by Nivo News showed that the CBN rate for November 27 stood between ₦1,446 at its highest point and ₦1,442 at its lowest. Observers note that the disparity between official and parallel market rates continues to shape economic conversations across the country.
Forex analysts warn that individual buying and selling rates may differ from these figures, depending on location and market conditions, as currency prices remain subject to constant adjustments.
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The June 24th Showdown: El-Rufai’s Legal Battle Faces New Delay As Court Demands Full Representation!.
Former Kaduna State Governor Nasir El-Rufai appeared at the Federal High Court in Kaduna this Wednesday morning, June 24, 2026, for the ongoing trial regarding alleged financial misconduct. Arriving around 9:30 a.m. under security escort, the former governor faces charges brought by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) concerning allegations of financial impropriety, fraud, and abuse of office during his administration. While El-Rufai maintains his innocence, the ICPC asserts that it has sufficient evidence to back the charges.....KINDLY READ THE FULL STORY HERE▶
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Trial Resumption: The hearing was previously pushed to June 24, 2026, due to the absence of two co-defendants. It is expected that these individuals will appear at today’s proceedings as the court resumes its review of the substantive matter.
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Bail Conditions: In April 2026, Justice Rilwan Aikawa granted El-Rufai bail for ₦200 million, requiring two sureties—a traditional ruler and a civil servant (serving or retired) on at least Grade Level 15. The court later rejected the former governor’s request to relax these strict requirements.
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Media Access: Consistent with previous sessions in this case, members of the press were not permitted inside the courtroom to report on the proceedings.
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“I’m Done!” Senator Maidoki’s Explosive Claim That He Never Wanted To Be A Politician!.
Senator Garba Maidoki, representing Kebbi South Senatorial District, has revealed that he entered the political arena solely to address the persistent insecurity affecting his constituency. During an interview on Channels Television’s Politics Today on Tuesday, Maidoki emphasized that he possessed no personal desire for a political career. He noted that after exhausting local efforts to protect his community, he realized that leveraging the power of the ballot was a more effective solution than resorting to arms.....KINDLY READ THE FULL STORY HERE▶
In a related development on Tuesday, Maidoki officially defected from the All Progressives Congress (APC) to the African Democratic Congress (ADC). This move follows ongoing internal disputes within the APC in Kebbi State, particularly regarding the handling of recent primary elections. His transition was formalized after a letter announcing his departure was read by Deputy Senate President Barau Jibrin during a plenary session. In his communication to the Senate President, Maidoki cited the ruling party’s failure to uphold its principles and unresolved internal crises as the primary reasons for his resignation from the APC.
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Caught Off Guard! Peter Obi Reveals His Emotional Reaction When A Young Girl Challenged His Broken Promises!.
Peter Obi, the presidential candidate for the Nigeria Democratic Congress (NDC), recently recounted a memorable experience from his tenure as the Governor of Anambra State, where a young student held him accountable for unfulfilled promises. During an interview with Advocacy For Good Governance, the former governor described how this took place at a public town hall meeting designed to foster dialogue between officials and the public.....KINDLY READ THE FULL STORY HERE▶
The encounter unfolded as follows:
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The event took an unexpected turn when a junior secondary school student stood up and directly challenged him, asking why he failed to keep his promises.
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The question immediately shifted the tone of the meeting, causing the audience to fall silent and focus intently on the issue.
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Rather than dismissing the girl’s complaint, Obi chose to investigate the matter.
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He discovered that her school had been promised repairs and facility improvements that had not yet been executed.
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Following this realization, he took immediate action to ensure the repairs were completed.
Obi noted that this experience served as a significant lesson on the importance of leadership and accountability. He emphasized that leaders must remain open to correction, regardless of the source, and that public trust is built when leaders follow through on their commitments. Furthermore, he remarked that staying connected to the citizenry allows leaders to gain a clearer understanding of the challenges facing the people.
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