Connect with us

latest

“CBN Reports Strong Naira Amid Rising External Reserves”.

Published

on

The naira strengthened considerably against the United States dollar on Tuesday, reflecting growing stability in Nigeria’s foreign exchange market.....KINDLY READ THE FULL STORY HERE▶

According to Nivo News, data from the Central Bank of Nigeria (CBN) showed that the naira rose to N1,419.07 per dollar at the official exchange rate, up from N1,429.31 recorded on Monday, representing a daily gain of N10.24. This marks the largest single-day appreciation of the naira since the official currency trading began in 2026.

Osimhen Demands World Cup Glory As Super Eagles Eye Morocco Showdown.

At the parallel market, also known as the black market, the naira remained steady at N1,480 per dollar, consistent with Monday’s trading, according to multiple Bureau De Change operators in Wuse Zone 4, Abuja.

The positive movement in the naira coincides with a continued rise in Nigeria’s external reserves, which increased to $45.61 billion as of January 5, up from $45.57 billion reported on January 2. Analysts say the growing reserves have bolstered investor confidence and supported the currency’s appreciation.

High-Capacity Bus Goes Up In Flames, Commuters Stuck On Third Mainland Bridge.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Advertisement

latest

“They Didn’t Even Want To See Me” — Atiku Opens Up On PDP Coalition Snub.

Published

on

Former Vice President Atiku Abubakar has revealed that his push for an opposition coalition was initially rejected by members of the Peoples Democratic Party (PDP).....KINDLY READ THE FULL STORY HERE▶

Atiku made the disclosure during an interview on Arise Television on Wednesday, where he reflected on events following the PDP’s defeat in the 2023 presidential election.

According to him, he warned party leaders after the election that the PDP could struggle politically without forming alliances with other opposition forces.

“To be honest, I was one of the major initiators of this coalition. After the PDP lost the last election, I told the party clearly that I did not see a future for the PDP without a coalition,” he said.

Tinubu Reschedules FEC Meeting To Tuesday

Atiku said his advice was rejected at the time, despite his conviction that Nigeria’s political history had shown the importance of alliances.

“They disagreed with me then. I have studied Nigeria’s political transition over the years and saw how previous alliances worked, so it was not difficult for me to foresee this,” he stated.

The former vice president added that his support for coalition politics was also influenced by his desire to encourage the emergence of younger leaders he believes are vital to Nigeria’s future.

“I saw some of these younger politicians as the future leaders of this country, and I felt it was my duty to point that out,” he said.

Yul Edochie Opens Up About Strained Relationship With Late Junior Pope

However, Atiku claimed the resistance he encountered within the party was driven more by personal feelings than by disagreement over the substance of his proposal.

“They disagreed with me simply because they did not want to see my face, not because of what I was suggesting,” he said.

Atiku added that recent political developments have now vindicated his position on the need for a broad opposition alliance ahead of future elections.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Continue Reading

latest

Atiku Opens Up On ADC 2027 Game Plan, Says Consensus Candidate Comes First.

Published

on

Former Vice President Atiku Abubakar has said the African Democratic Congress (ADC) will first pursue a consensus arrangement before considering a primary election for its 2027 presidential ticket.....KINDLY READ THE FULL STORY HERE▶

Atiku made this known during an interview on Arise Television on Wednesday while discussing the party’s leadership and strategy ahead of the next general election.

He said he is open to backing a consensus candidate if that becomes the party’s collective decision, stressing that such support should not be interpreted as stepping aside.

Tinubu Reschedules FEC Meeting To Tuesday

“It is not about stepping aside, but whether I am willing to support, and yes, I will,” Atiku said.

According to him, the ADC’s first priority is to build internal unity and reach an agreement among stakeholders before considering a competitive primary process.

“Our first option will be to work out a consensus. If that doesn’t happen, then of course we will explore other options. And yes, I will support whoever eventually emerges,” he stated.

Atiku also expressed confidence in the political experience within the party, saying he believes a consensus is achievable and may make a full-scale primary contest unnecessary.

Yul Edochie Opens Up About Strained Relationship With Late Junior Pope

“That remains our preferred path. We will go for primaries if consensus fails, but I honestly do not expect it to get to that stage because we are dealing with mature and experienced politicians,” he added.

His comments come amid growing political consultations and coalition talks as parties begin to position themselves ahead of the 2027 general elections.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Continue Reading

latest

2027: I Stand A Better Chance To Win Presidency Than Anyone Else – Atiku.

Published

on

Former Vice President Atiku Abubakar has said the opposition coalition under the African Democratic Congress (ADC) has significantly strengthened his chances of winning the 2027 presidential election.....KINDLY READ THE FULL STORY HERE▶

Atiku made the remarks during an interview on Arise Television’s Prime Time programme on Wednesday.

Speaking on what makes his latest presidential bid different from previous attempts, Atiku said the ADC coalition brings together key political figures from across major parties, including the APC, PDP and Labour Party.

He described the alliance as a broader and more strategic political arrangement ahead of the 2027 general elections.

Tinubu Reschedules FEC Meeting To Tuesday

According to him, the coalition has created a stronger platform that improves his prospects.

“Now, we have a broader coalition — a combination of APC, PDP and LP — which gives me a better chance of becoming president in 2027,” he said.

Atiku also noted that the coalition reflects both experience and generational inclusion, which he said shows a clear succession plan.

“You see people of my generation, and you see younger people coming behind us, so you can clearly see a succession pattern,” he added.

Meanwhile, Atiku described former President Goodluck Jonathan as a decent but inexperienced leader.

Yul Edochie Opens Up About Strained Relationship With Late Junior Pope

According to him, Jonathan’s lack of experience contributed to shortcomings in governance and played a role in his defeat in the 2015 presidential election.

“I know Goodluck Jonathan very well. He is a decent young man, but he was also inexperienced, and that contributed to his failure in managing the affairs of the country,” Atiku said.

He made the remarks while stressing the need for experienced and capable leadership in Nigeria.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Continue Reading

Trending

Copyright © 2023 NIVONEWS

×