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In an impressive surge against the US dollar, the Nigerian Naira is nearing a significant threshold at the parallel market, with predictions of it falling below 1,000/$ before week’s end. This development follows a robust resurgence in the official market, where the Naira appreciated to N1,136/$, marking a 6.1 percent increase from the previous trading session. Strong Gains Across Markets At the close of trading activities on Monday, the naira stood strong at N1,050/$ in the parallel market, showing significant recovery and resilience. Traders and analysts are optimistic, forecasting further strengthening of the currency in the coming days. The official…
In a significant operation against terrorism, the Nigerian Air Force (NAF) has successfully conducted precision airstrikes that resulted in the death of over 30 ISWAP terrorists, including several high-ranking commanders. The operation took place in Kolleram village along the shores of Lake Chad, as part of the ongoing Operation Hadarin Kai (OPHK). Strategic Airstrikes Impact Terrorist Operations The airstrikes, carried out on April 13, targeted hideouts and logistical assets of the terrorists, effectively neutralizing key figures such as Ali Dawud, Bakura Fallujah, and Mallam Ari. Air Vice Marshal Edward Gabkwet, Director of Public Relations and Information for the NAF, confirmed…
The Nigerian Drug Law Enforcement Agency (NDLEA) has made substantial progress in its anti-drug trafficking operations, arresting 50,901 offenders, including 46 high-profile drug barons, over the past three years. The agency’s Chairman, Brig-Gen Muhammed Marwa (retd.), announced these figures during the inauguration of a new operational facility in Lagos, a project supported by the British Government. Convictions and Seizures Under Brig-Gen Marwa’s leadership, the NDLEA has not only apprehended thousands of suspects but also achieved 9,034 convictions, underscoring the agency’s commitment to curbing drug-related crimes in Nigeria. Additionally, the agency has seized over 7,561 tonnes of illicit substances, delivering a…
In Delta State, Nigeria, concerns over the detention of Clement Ikolo, the traditional ruler of Ewu Kingdom, have intensified. Detained for approximately a month without communication, his whereabouts remain undisclosed, prompting urgent calls from his family, the local chiefs, and community members for clarity and his release. Background of Detention Clement Ikolo voluntarily surrendered to the police after being declared wanted in connection with the killing of 17 military personnel in the Okuama community. Despite his cooperation and the commendation from the Chief of Defence Staff for his honorable surrender, access to him has been consistently denied, according to Abizor…
Senate President Akpabio Calls for Removal of Corrupt Officers, Pledges Support for Enhanced Policing
Senate President Godswill Akpabio has urged the Inspector General of Police, Kayode Egbetokun, to purge the Nigeria Police Force of corrupt officers, advocating for a cleaner, more efficient force. This call was made during the inaugural Nigeria Police Awards and Commendations Ceremony in Abuja, where Akpabio highlighted the need for ethical rejuvenation within the police ranks. Commitment to Police Reform In his address, Akpabio commended the efforts of the police leadership in organizing the event, which he described as a testament to IGP Egbetokun’s dedication to honoring the police force’s commendable members. He emphasized the ceremony’s role in recognizing the…
In a significant shift aimed at easing the financial burden on domestic crude oil refiners, the Nigerian government has announced that local refiners, including the Dangote Refinery, can now purchase crude oil using the Nigerian Naira or US Dollars. This decision was disclosed by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) during a briefing in Abuja, marking a pivotal change in policy that aligns with the provisions of Section 109(2) of the Petroleum Industry Act 2021. A New Template for Domestic Crude Oil Supply The NUPRC has developed a new template for Domestic Crude Oil Supply Obligation (DCSO) to streamline…
Nigerians are increasingly turning to Elon Musk’s Starlink Satellite Internet Kits as a reliable solution to the country’s ongoing internet connectivity issues, driven by frequent fiber optic cable outages. Following a significant price reduction, there has been a substantial surge in demand for these kits, facilitated through Konga, an authorized e-commerce partner for Starlink in Nigeria. Massive Demand and Price Reduction Konga reported that since announcing a 50% price cut last week, there has been an overwhelming response from consumers. Originally priced at N800,000, the cost of the kits has dropped to N440,000 amid a strengthening Naira, making high-speed, low-latency…
Lionel Messi, the eight-time Ballon d’Or winner, continues to redefine the standards of excellence in Major League Soccer (MLS) with his performances for Inter Miami. Since his arrival in the United States in the summer of 2023, Messi has not only captivated fans but also significantly raised the profile of the league. Immediate Impact and Unprecedented Popularity Messi’s transfer to Inter Miami, orchestrated by co-owner David Beckham, quickly paid dividends as he led the team to a historic Leagues Cup victory just weeks after joining. His presence on the field has been nothing short of transformative, drawing record crowds and…
Popular media personality Ebuka Obi-Uchendu and his wife Cynthia have opened up about their approach to managing conflicts within their marriage, revealing that no matter the disagreement, they always make it a point to sleep in the same bed. The couple shared these intimate details in response to questions from fans on Cynthia’s YouTube channel, providing a rare glimpse into their private life and the values that sustain their relationship. Constant Communication and Physical Proximity According to Ebuka, a key element in their successful marriage, which is approaching its ninth year, is their commitment to staying physically close, even during…
Popular Twitch streamer Kai Cenat is set to take legal action against OnlyFans model Layla Red, who is accused of leaking his private images and messages. The controversy erupted after Red allegedly released conversations that suggested Cenat had agreed to pay $5,000 for sexual services. This led to her Instagram account being suspended shortly thereafter. During a recent live stream on Twitch, Cenat addressed the situation, assuring his audience that he intends to handle the matter legally. He described the leak as “clout-chasing weird ass shit” and expressed his intent to see the accused in court. “There is some dumb…