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...

The Edo State Governorship Election Petition Tribunal has reserved judgment in the case filed by the Peoples Democratic Party (PDP) and its candidate, Dr. Asue Ighodalo, challenging the results of the September 21, 2024 governorship election. The tribunal, led by Justice Wilfred Kpochi, concluded the proceedings on Monday, March 3, 2025, after both parties adopted their final written addresses....

The Labour Party (LP) in Osun State has withdrawn from Saturday’s local government election.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...

Ah, Nigeria – the land of endless opportunities, vibrant culture, and a whole lot of hustle. As we step into 2025, some brands have cemented their place as the heavyweights of the Nigerian market, dominating everything from your morning breakfast to your evening Netflix binge. Let’s dive into the top 10 biggest brands you can’t avoid in 2025. 1. Dangote Group The word...

The “Dead Horse Theory” is a satirical metaphor that reflects how some people, institutions or nations face obvious problems that are impossible to solve, but instead of accepting reality, they cling to justifying them. The central idea is clear: if you find that you are riding a dead horse, the most sensible thing to do is to get off and leave it. However, in practice, the opposite...