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Former Edo State governor and APC senator, Adams Oshiomhole, has been embroiled in controversy following serious allegations made by an online critic. Albert Obazee, a known critic of the APC and the current Edo State administration led by Governor Monday Okpebholo, alleged that Oshiomhole and some well-known thugs in Benin have hatched a plan to kill his father in Nigeria. Obazee, who...

The U.S. Appeals Court just threw TikTok a major curveball: ByteDance, its parent company, must sell the app or face a total ban nationwide. While the ruling doesn’t outright ban TikTok, it’s a serious blow. Without a sale, app stores like Apple’s App Store and Google Play would be forced to pull TikTok off their shelves. But hold your #ForYou tears—this isn’t game...

The Nigerian Naira recorded a slight appreciation against the U.S. dollar on Wednesday, strengthening to ₦1,490 per dollar in the parallel market, up from ₦1,502 per dollar on Tuesday. A similar trend was observed in the Nigerian Foreign Exchange Market (NFEM), where the currency appreciated to ₦1,499.8 per dollar, compared to ₦1,501 per dollar the previous day. According to data from FMDQ...

The Nigerian Presidency and former Kaduna State Governor, Nasir El-Rufai, clashed again on Tuesday over allegations that the Federal Government is behind the internal crises and multiple litigations troubling opposition parties. El-Rufai made these claims during his visit to the headquarters of the Social Democratic Party (SDP) in Abuja. A video of the meeting has since gone viral across social...

The naira was strengthened to 1,494.03/$ at the official window on Thursday, according to data from FMDQ Securities Exchange Limited. Similarly, an appreciation to 1,510.00/$ was recorded in the parallel market, reducing the spread between the two markets to 15.5/$. The gap between the official and parallel foreign exchange rates has been narrowing due to various policies implemented by the...
