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...

Senator Monday Okpebholo has once again made a public error, this time incorrectly referring to Senator Adams Oshiomhole as the representative of Edo South in a trending video on social media. The mistake occurred during the flag-off ceremony for the dualization of sections two to four of the Ekpoma-Auchi-Okpella-Okene-Ajaokuta Expressway, a major federal project aimed at improving connectivity...

Nigeria's automotive industry has experienced remarkable growth, with several indigenous and international manufacturers establishing assembly plants within the country. This development has bolstered the nation's economy and provided consumers with a variety of locally manufactured vehicles. Below is a list of notable car brands produced in Nigeria, along with their founders: 1. Innoson...

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 Chairman of the Osun State Independent Electoral Commission (OSSIEC), Hashim Abioye, has raised concerns over the sealing of the commission’s headquarters in Osogbo.   Speaking on a live current affairs program on Rave FM on Saturday, Abioye expressed surprise at the development. Despite the action, he confirmed that the local government election had commenced across polling...