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Currency Alert: Naira Maintains Weak Position Against Dollar At ₦1,380.34
As of July 20, 2026, the exchange rate for the US Dollar to Nigerian Naira reflects the current market dynamics. Please find the details regarding the exchange rates below:....KINDLY READ THE FULL STORY HERE▶
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Market Exchange Rate: The US Dollar to Naira exchange rate is approximately ₦1,380.34.
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Official Context: The Central Bank of Nigeria (CBN) provides data on the Nigerian Foreign Exchange Market (NFEM), where rates have recently fluctuated around the ₦1,380 range.
It is important to note that exchange rates are highly volatile and can vary significantly depending on the platform, Bureau De Change (BDC) operators, or financial institutions. Additionally, the CBN has historically advised individuals seeking foreign exchange to utilize their respective banks, as it does not officially recognize parallel market operations. Prices for buying and selling forex may differ from these market snapshots due to varying service fees and provider margins.
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MEDICAL MALPRACTICE STORM: MDCAN Launches Full-Scale Probe Into El-Rufai’s Doctor As ICPC Drops Heavy Criminal Charges!.
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MDCAN Inquiry: The Medical and Dental Consultants’ Association of Nigeria (MDCAN) has summoned Dr. Bello Abubakar, personal physician to former Kaduna State Governor Nasir El-Rufai, regarding allegations that he issued a false medical report for his patient.....KINDLY READ THE FULL STORY HERE▶
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ICPC Charges: This development follows the Independent Corrupt Practices and Other Related Offences Commission (ICPC) filing four criminal counts against Dr. Abubakar, a consultant radiation oncologist at the National Hospital, Abuja.
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Alleged Forgery: The anti-graft agency accuses Dr. Abubakar of knowingly creating a fake report, dated June 10, 2026, titled “Medical Report and Expert Opinion for Urgent Medical Intervention,” intended to support El-Rufai’s bail application in a separate criminal case.
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Independent Verification: Sources indicate the ICPC consulted MDCAN leadership before initiating proceedings and had the document verified by four independent medical experts—three in Nigeria and one in the U.S.—who all allegedly confirmed it was fraudulent.
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Abuse of Office: The charges against Dr. Abubakar include giving false information to mislead a public officer, abusing his position to issue the disputed report, and conspiring with a Commissioner for Oaths.
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Hospital Disavows Report: Prosecution documents reveal that the Chief Medical Director of the National Hospital, Prof. Raji Mahmud, is expected to testify that the facility did not authorize the report and that it was issued without following proper procedures or conducting a medical examination.
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UNDER THE MICROSCOPE: Reps Drop Hammer, Summon SGF Akume, AGF Fagbemi, And Others In Daring Anti-Corruption Move!.
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Legislative Summons: The House of Representatives ad hoc committee probing the controversial Presidential Foreign Investment Promotion Council (PFIPC) has summoned Secretary to the Government of the Federation (SGF), Senator George Akume, and other top officials to account for the council’s operations.....KINDLY READ THE FULL STORY HERE▶
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Focus on Irregularities: Lawmakers are demanding an explanation from Akume regarding how the PFIPC secured office space within the Federal Secretariat despite significant questions concerning its legal establishment.
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Key Officials Called: Besides the SGF, the panel has ordered the Minister of Finance, the Attorney-General of the Federation, the Accountant-General of the Federation, and the Director-General of the Budget Office to appear on July 21 to clarify their roles in the council’s creation and funding.
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Conflicting Testimonies: The investigation intensified following testimonies from the Head of the Civil Service, Mrs. Didi Walson-Jack, who stated her office never approved the space, accommodation, or staff for the PFIPC, and from the Central Bank of Nigeria (CBN), which confirmed the council opened two dormant accounts following clearance from the Accountant-General’s office.
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Commitment to Transparency: Committee Chairman Yusuf Gagdi has pledged a thorough investigation into the council’s entire framework—from its initial existence and office allocation to its bank accounts and inclusion in the national budget—to ensure due process was followed.
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BOMBSHELL DROP: Kwankwaso Expresses Total Shock Over Tinubu’s Daring Move To Repeat A Muslim-Muslim Ticket For 2027!.
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Ticket Criticism: Senator Rabiu Musa Kwankwaso, the vice-presidential nominee for the Nigeria Democratic Congress (NDC), criticized President Bola Tinubu on Channels Television’s Politics Today for once again running a same-faith ticket.....KINDLY READ THE FULL STORY HERE▶
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Call for Balance: Pointing out that Tinubu typically balances political appointments, Kwankwaso suggested he still has time before the substitution deadline to present a more balanced presidential ticket.
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Personal Example: Recalling his 2023 electoral run, Kwankwaso noted that he intentionally chose an archbishop as his running mate to ensure all groups felt a sense of belonging.
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Focus on Reality: Kwankwaso maintained that citizens, particularly youth, care far more about improved security and welfare than ethnic or religious politics, dismissing critics of the NDC alliance as disconnected from northern realities.
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Allegations Addressed: Dismissing a proposed U.S. bill concerning religious persecution and violence as politically motivated, Kwankwaso stated he owns no overseas assets and that the issue has blown over.
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2027 Confidence: Expressing optimism regarding ongoing legal hurdles, Kwankwaso voiced strong confidence that no credible judge would block the NDC from contesting the 2027 elections.
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