latest
“‘The Dollar Tsunami’: Naira Faces Fresh Pressure As Exchange Rates Take Center Stage!”
The Nigerian currency, the Naira (₦), experienced further pressure against the United States dollar during the official foreign exchange market session on Friday, September 25, 2026.....KINDLY READ THE FULL STORY HERE▶
Data released by the Central Bank of Nigeria (CBN) indicated that the local currency traded at an official rate of ₦1,329.5138 per $1 on Friday. This reflects a slight shift from the previous day’s rate of ₦1,328.6687 per $1 recorded on Thursday. Meanwhile, at the parallel market, the naira closed the week trading at ₦1,390 to the dollar.
Key Highlights:
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Official vs. Parallel Rates: While the CBN official rate hovered around ₦1,329.5138/$1, street and parallel market rates closed slightly higher at ₦1,390/$1.
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Market Variances: Actual rates offered by commercial banks and Bureau de Change (BDC) operators may fluctuate based on transaction margins, as well as prevailing supply and demand dynamics.
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Future Outlook: Market watchers and participants continue to closely track forex inflows, greenback demand, and upcoming CBN policy adjustments to gauge the naira’s trajectory.
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“‘Paying The Price’: Shehu Sani Drops Heavy Hammer On El-Rufai Over Past Office Actions!”.
Former Kaduna Central Senator, Shehu Sani, has claimed that the prolonged detention of former Kaduna State Governor, Nasir El-Rufai, is a direct consequence of his actions while in power. Sani alleged that numerous individuals suffered arrests and detentions during El-Rufai’s administration.....KINDLY READ THE FULL STORY HERE▶
Speaking during an interview on Channels Television’s Politics Today on Friday, Sani cautioned individuals currently holding political office to always remember that power is transient. “When you are in office, always remind yourself that it is an opportunity, and it is a very temporary opportunity for you. El-Rufai is paying the price for his irresponsibility when he was in public office,” Sani stated.
Key Highlights:
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The Transient Nature of Power: Drawing from his own experience of spending four years in prison, Sani noted that being out of circulation naturally leads to losing friends and allies.
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Allegations of Misgovernance: Sani characterized El-Rufai’s tenure between 2015 and 2023 as being marked by misgovernance, irresponsible leadership, and using state power to target and jail political opponents.
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Criticism Over Security: Addressing remarks about Southern Kaduna, Sani argued that the previous state administration failed to adequately support security agencies to curb years of bloodshed and insecurity across the region.
latest
“‘We Stand Firm!’: OK Movement Defies Peter Obi & Seriake Dickson In Explosive Political Showdown!”
The Obi-Kwankwaso (OK) Movement has dug in its heels, declaring that its controversial Presidential Campaign Council is fully valid and operational, directly challenging opposition from key Nigeria Democratic Congress (NDC) leaders.....KINDLY READ THE FULL STORY HERE▶
This internal political clash follows harsh criticism from NDC National Leader, Senator Seriake Dickson, who dismissed the movement’s campaign council as “nonsensical.” Presidential candidate Peter Obi reinforced this stance, arguing that support groups must not usurp the party’s official role.
In a strong rebuttal, OK Movement Director General, John Ughulu, asserted the group’s complete political and financial independence. Ughulu emphasized that the movement does not rely on Obi or the NDC for funding, stating, “Consequently, the movement does not and has not required any financial support from His Excellency, Peter Obi… to establish or operate its own organisational structure.”
Key Highlights:
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Assertion of Independence: Ughulu argued that the OK Movement’s leadership and framework operate autonomously and do not require approval from the NDC hierarchy.
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Constitutional Argument: The Director General contended that neither the Nigerian Constitution nor the NDC party constitution grants the party authority over an independent political organization’s internal affairs.
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Call for Respect: While framing the movement’s position as one of “institutional respect” rather than confrontation, Ughulu maintained that the movement cannot be compelled to abandon its identity to appease party leadership.
latest
“‘The Ultimate Betrayal’: 24 Officers Held In Custody Over Explosive Mining Controversy!”.
The Nigeria Security and Civil Defence Corps (NSCDC) has confirmed that 24 personnel connected to the deaths of 37 suspected illegal miners in Niger State will remain in protective detention for two weeks. This directive stands pending the conclusion of an independent investigation by a Federal Government committee.....KINDLY READ THE FULL STORY HERE▶
National Public Relations Officer Babawale Afolabi stated in an interview that the officers will be kept at the national headquarters in Abuja to ensure they remain accessible to the 10-member investigative panel constituted by Minister of Interior Olubunmi Tunji-Ojo. The committee has been given a two-week window to look into the circumstances surrounding the deaths and submit its official report.
Key Highlights:
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Protective Detention Status: The NSCDC clarified that the detention is a special directive rather than a standard criminal arrest, designed specifically to prevent any interference with the ongoing probe.
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Suspensions and Custody: Following the deaths of the suspects—who were arrested and detained between September 15 and 16—three additional personnel were identified and suspended, raising the total number of officers in custody to 24.
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High-Profile Personnel Involved: The affected officers under interrogation include the suspended Niger State Commandant, Ajayi Philips, along with various heads of intelligence, operations, and legal units from the state command.
The Corps has emphasized that administrative disciplinary proceedings are running concurrently with the independent presidential investigation.
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