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Yuletide Rush Fails To Shake Naira As FX Market Records Calm Trading.

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According to Nivo News, the Nigerian naira recorded mild movements against the United States dollar on Christmas Eve, Tuesday, December 24, 2025, as trading commenced across both the official and parallel foreign exchange markets.....KINDLY READ THE FULL STORY HERE▶

Checks across the Nigerian Foreign Exchange Market and major Bureau De Change hubs indicated that the local currency remained largely stable, defying the usual surge in demand associated with the festive season.

At the official trading window, the naira exchanged at an average of ₦1,453.70 to the dollar, showing a slight appreciation from the ₦1,461.50 rate recorded at the close of the previous trading session. Market data revealed that the currency initially weakened to about ₦1,460.75 per dollar in early trades before strengthening later in the day as liquidity conditions improved.

The Central Bank’s reference mean rate hovered around the ₦1,454 mark, reflecting relative calm and balance in the official segment of the market. Market watchers noted that the official window demonstrated resilience despite increased demand for travel allowances and corporate-related payments during the holiday period.

In the parallel market, the dollar continued to trade at a premium over the official rate, although the gap remained modest. Findings from BDC operators in Lagos and Abuja showed buying rates ranging between ₦1,465 and ₦1,475, while selling prices stood between ₦1,480 and ₦1,490 per dollar. The sustained demand in the informal market was largely attributed to retail buyers seeking quick access to foreign currency for holiday expenses.

Financial analysts observed that the narrow spread between the official and parallel markets reflects the impact of ongoing foreign exchange reforms and convergence efforts by monetary authorities. They also noted that the stability seen toward the end of 2025 marks a departure from the sharp volatility typically experienced during past festive seasons.

Experts further attributed the calmer market to improved transparency in price discovery under the reformed FX framework, alongside a more balanced supply-and-demand structure that has reduced speculative pressure on the naira.

As the year draws to a close, market participants expect the naira to trade within the ₦1,450 to ₦1,500 range, barring any major external shocks such as sudden changes in oil prices or global capital flows. For now, the currency appears poised to end the year on a steadier note, offering cautious optimism to businesses and investors.

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4. “They Are Among Us”: Tinubu’s Aide Drops Bombshell On Internal Complicity in Massive Scam.

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Temitope Ajayi, the Senior Special Assistant to the President on Information and Public Affairs, has acknowledged that it is difficult to rule out the involvement of internal figures in the ongoing controversy surrounding a counterfeit government agency.....KINDLY READ THE FULL STORY HERE▶

The scandal centers on serious corruption allegations involving the President’s Chief of Staff, Femi Gbajabiamila, and an individual named Prince Mathew Adeniyi Adeyemi, who claims to lead the non-existent Presidential Foreign Intervention Promotion Council (PFIPC).

As previously highlighted by DAILY POST, this situation has sparked intense scrutiny regarding the integrity and accountability of the Tinubu administration. Prince Adeyemi has alleged that the fictitious PFIPC managed to secure budgetary allocations in the 2026 fiscal year and successfully opened several official accounts—including a Domiciliary Account, a Pounds Sterling account, and a Treasury Single Account (TSA)—with the Central Bank of Nigeria.

Furthermore, Adeyemi has accused the Chief of Staff of facilitating his fraudulent appointment for a total of N600 million, claiming that N400 million was paid via proxies, leaving an outstanding balance of N200 million.

Addressing the possibility of internal collaboration, Ajayi pointed to the sheer brazenness of the operation as a red flag:

“Well, it’s not impossible, because even the audacity to go and operate inside the government federal secretariat is enough to suggest anything could have gone at some point”.

Ajayi expressed confusion over how the suspect obtained a falsified appointment letter attributed to the Chief of Staff, emphasizing that presidential appointments remain the exclusive prerogative of the President.

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‘IT COULD HAPPEN ANYWHERE’: APC Chieftain Sparks Outrage By Comparing PFIPC Scandal To 9/11 Terror Attacks!.

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Dr. Taofiq Raimi, an All Progressives Congress (APC) chieftain, has come to the defense of the Presidency concerning the Presidential Foreign Intervention Promotion Council (PFIPC) controversy. During an appearance on Arise Television’s Prime Time on Friday, Raimi argued that it is unfair to blame the Presidency for the incident, noting that even advanced nations are susceptible to sophisticated crimes. He drew a comparison to the September 11 terrorist attacks in the United States to illustrate his point that complex criminal activities can bypass security measures anywhere in the world. The controversy involves an individual named Adeyemi Adeniyi Matthew, who allegedly impersonated the leader of the PFIPC—a council the Presidency maintains does not exist.....KINDLY READ THE FULL STORY HERE▶

APC chieftain Dr. Taofiq Raimi has dismissed claims that the PFIPC scandal represents a failure of the Presidency. Raimi emphasized that sophisticated crimes can occur in any country, citing the 9/11 attacks in the U.S. as an example of how security can be breached despite high-level oversight. This defense follows reports of Adeyemi Adeniyi Matthew, an impostor who allegedly posed as the Director-General of the non-existent council, whom the Presidency is currently prosecuting.

Option 3: Focus on the Comparison In a recent televised interview, APC chieftain Dr. Taofiq Raimi suggested that the PFIPC impersonation scandal should not be viewed as a lapse by the Nigerian Presidency. Comparing the situation to the 9/11 attacks in America, Raimi argued that such sophisticated criminal acts are difficult to prevent, regardless of a nation’s advancement. The Presidency continues to clarify that the council mentioned by the suspect, Adeyemi Adeniyi Matthew, is non-existent and that the matter is under criminal investigation.

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BLOODSTAINED NATION: 3,550 Nigerians Slain In Just Six Months, Intersociety Reveals!.

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A new report from the human rights organization Intersociety alleges that 3,550 Nigerians were killed by jihadists between January and June 2026. The data indicates that this death toll includes 2,550 Christians and 1,050 Muslims. Additionally, the organization reported that 2,800 Christians and 1,150 Muslims were abducted during this six-month period. The report, signed by leadership across several departments including Emeka Umeagbalasi, Chidinma Evangeline Udegbunam, Obianuju Joy Igboeli, and Chinwe Umeche, further documents the destruction of 300 churches, the murder or abduction of several Christian pastors, and the forced conversion of 800 Christian women and children.....KINDLY READ THE FULL STORY HERE▶

According to a recent report by Intersociety, violence by jihadists resulted in an estimated 3,550 deaths and 3,950 total abductions across Nigeria in the first half of 2026. The group’s analysis attributes 2,550 of these deaths and 2,800 of the abductions to attacks targeting Christians, while 1,050 deaths and 1,150 abductions affected Muslim victims. The organization sharply criticized the Nigerian government, describing its failure to address these security challenges as a “clear case of self-indictment” and evidence of its inability to protect citizens. Intersociety also detailed specific incidents, including the targeted killing of Christian clerics and attacks on non-Fulani Muslim civilians in states such as Zamfara, Kaduna, and Sokoto.

Option 3: Data-Focused Overview Intersociety’s latest research on the security situation in Nigeria for the first six months of 2026 highlights the following key findings:

  • Total Casualties: An estimated 3,550 people were killed and 3,950 people were abducted in jihadist-related violence.

  • Impact on Christians: Approximately 2,550 Christians were killed and 2,800 were abducted across 720 attacks, averaging 120 attacks per month. Notable hotspots for these fatalities included Plateau and Southern Borno.

  • Impact on Muslims: The report notes that 1,050 Muslims were killed and 1,150 were abducted, with many victims belonging to non-Fulani populations in the northern and central regions.

  • Institutional Damage: Jihadists reportedly destroyed 300 churches and forcibly converted 800 Christian women and children to Islam.

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