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Naira Under Pressure As Black Market Dollar Hits ₦1,475 In Fresh Surge.

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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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VIDEO: Peller And Jarvis Finally Reveal The Gender Of Their Baby.

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Nigerian TikTok streamer Habeeb Adelaja, popularly known as Peller, and his wife, Elizabeth Amaduo, also known as Jarvis, have announced that they are expecting a baby boy.....KINDLY READ THE FULL STORY HERE▶

reports that the couple shared the news on Sunday through a gender-reveal video posted on their respective Instagram pages.

The video captured the couple at an elegant outdoor venue decorated with a white-themed stage, large “BABY” letter displays, balloons and soft lighting, surrounded by greenery.

Dressed in matching white outfits, Peller and his visibly pregnant wife stood together as blue smoke and confetti burst into the air, confirming that they were expecting a boy. Guests at the event cheered and celebrated the announcement.

In the caption accompanying the video, the couple expressed gratitude to God for the pregnancy and described the gender reveal as a special moment in their lives.

They wrote, “For so long, we prayed, hoped and dreamed of this beautiful moment. Today, our hearts are filled with a kind of happiness words can never fully explain. God has blessed us with a precious gift, and we can’t wait to hold you in our arms, kiss your little face and show you how much you are loved.

“My child, you may not know it yet, but you are already the reason behind so many smiles, tears of joy and endless prayers. Daddy and Mummy can’t wait to begin this beautiful journey with you.

“Our little blessing, our answered prayer, our greatest joy. We love you already.

“Thank You, Lord, for this precious gift.”

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2027 Campaign: Lagos Govt Dismisses Reports Of ₦700 Million Billboard Fees.

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The Lagos State Government has dismissed claims that it increased political campaign billboard permit fees to ₦700 million ahead of the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶

The government also clarified that billboard advertising in the state is handled by private operators, noting that some premium advertising spaces reportedly cost about ₦10 million per month.

reports that the clarification was contained in a statement issued on Sunday by the Commissioner for Information and Strategy, Gbenga Omotoso, following allegations circulating on social media that the purported increase was preventing some political parties from advertising across the state.

The government explained that although the Lagos State Signage and Advertisement Agency (LASAA) regulates outdoor advertising, it does not own billboard structures or determine the commercial rates charged by private operators.

“The government of Lagos State wishes to debunk the claim that it has raised billboard permit fee to N700m.

“Billboards are owned by private operators. The most expensive billboard is about N10million monthly. The government does not run billboards,” the statement read.

The controversy followed comments by Abdulkarim during an interview on Nigeria Info FM 99.3 on November 13, 2026. He alleged that the cost of obtaining political billboard licences in Lagos was making it difficult for the Nigeria Democratic Congress (NDC) to advertise its activities.

Abdulkarim claimed that the party had resorted to alternative methods of promoting its political message because of the alleged high cost of outdoor advertising.

“Lagos is charging almost N700 million just for a licence to erect a political billboard.

“We now decided, let us be our own billboard,” he alleged.

However, the state government maintained that political parties and candidates are free to advertise across Lagos, provided they comply with the relevant regulations.

It explained that campaign materials must be displayed on approved advertising structures operated by registered practitioners with valid LASAA permits.

According to the government, the structures must also meet established requirements concerning their locations, safety and environmental standards.

“LASAA does not determine the rates charged by billboard owners,” the statement added.

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‘Tribe Over Nigeria?’ – Laide Olabanji Tackles Yorubas Opposing Peter Obi.

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Nollywood actor Laide Olabanji has criticised some Yoruba people for allegedly prioritising ethnic loyalty over competence in their political choices, arguing that they would rather support a leader from their tribe, even if the person damages the country, than give the Nigeria Democratic Congress (NDC) presidential candidate, Peter Obi, an opportunity.....KINDLY READ THE FULL STORY HERE▶

reports that Olabanji made the remarks in a video shared on Instagram, where he claimed that Obi’s only offence in the eyes of some of his critics was that he is not Yoruba.

The actor expressed disappointment over what he described as tribal loyalty among some Yoruba people, insisting that Obi was a better option than several other politicians.

Olabanji also questioned the political decisions Nigerians had made in previous elections, arguing that some of those choices contributed to the challenges facing the country today.

He further cited the administration of former Head of State, Murtala Muhammed, urging his Yoruba audience to remember that their parents and grandparents benefited from his leadership despite him not belonging to their ethnic group.

Speaking in the video, Olabanji said, “Peter Obi did not offend you. His only offence is that he is not from your tribe. Meanwhile, you know he is far better than any of them. Stop using tribalism to destroy people’s future. I’m telling you for free, Peter Obi is Nigerians’ choice.

“I am ashamed of some Yoruba people. So, you prefer your tribe person to destroy Nigeria than give another tribe a chance to fix things?”

The actor urged Nigerians to prioritise competence over ethnic identity when choosing their leaders, warning that tribal considerations could prevent the country from making better political decisions.

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