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The Labour Party (LP) in Osun State has withdrawn from Saturday’s local government election. This was announced by LP Chairman, Mr. Adebayo Bello, on Friday in Osogbo. Bello cited inadequate security arrangements by the State Independent Electoral Commission (OSSIEC) as the reason for the withdrawal. He called for the election to be postponed for one or two months to allow OSSIEC to make...

Nigerian music executive Jude Okoye has been remanded in prison over an alleged ₦1.3 billion fraud. The Economic and Financial Crimes Commission (EFCC) initiated the investigation following a complaint by Peter Okoye, Jude's younger brother and member of the music duo P-Square. Peter reportedly discovered that Jude had been diverting proceeds from P-Square's music into a secret company account...

Speculation is growing over the health of Pope Francis as the Vatican remains unusually silent following his recent hospitalization at Gemelli Hospital in Rome. Concerns have intensified as the 87-year-old Pontiff has not made any direct public appearances or statements since his last social media message on Sunday.   Just days ago, Pope Francis shared words of gratitude on X,...

Mudashiru Obasa has been re-elected as the Speaker of the Lagos State House of Assembly. His return follows the resignation of Mojisola Meranda, who stepped down from the position with immediate effect. Obasa was reinstated during the plenary session on Monday. Earlier in January, Obasa had been impeached by members of the Assembly due to several fraud-related accusations. Further details will...