The Naira appreciated against the dollar at the parallel foreign exchange market (black market). Abubakar Alhassan, a Bureau of De Change operator at Wuse Zone 4, said that the naira strengthened slightly at N1748 per dollar on Wednesday from N1755 exchanged on Tuesday. This means that the naira gained N7 compared to the N1755 traded … Read more
Simon Ekpa, a pro-Biafran agitator and self-proclaimed Prime Minister of the Biafra Republic Government-in-Exile, will potentially face charges in May 2025 in Finland for terrorism-related offenses, including incitement to violence and terrorism financing. Finnish authorities arrested Ekpa and four others last week, accusing him of using social media to incite violence in Nigeria’s South-East region. … Read more
The Comptroller-General of Customs, Adewale Adeniyi, has ordered the sale of smuggled Premium Motor Spirit at cheaper prices to Yola residents of Adaamawa State. Adeniyi disclosed this on Wednesday while speaking to journalists in Yola. He noted that the proceeds will be remitted to the Federation Account. This comes as the national coordinator of Operation … Read more
Ruud van Nistelrooy is set to be appointed as Leicester City’s new manager following the dismissal of Steve Cooper after just 157 days in charge. The 48-year-old Dutchman will take over the reins from Cooper, who was sacked after Leicester’s 2-1 defeat to Chelsea in the Premier League on Saturday. EDITOR’S PICKS Electricity Meter Costs … Read more
Kylian Mbappe saw his penalty saved as Liverpool triumphed 2-0 over Real Madrid on Wednesday, handing the holders their third defeat in five Champions League matches. Alexis Mac Allister and Cody Gakpo were the scorers in the second half, maintaining Liverpool’s perfect record and securing top spot in the group. Mohamed Salah also missed a … Read more
Barcelona sensation Lamine Yamal has been crowned the 2024 Golden Boy, capping off an extraordinary breakout year with both Barcelona and the Spanish national team. At just 17 years old, Yamal becomes the youngest-ever recipient of the prestigious award, joining an elite group of Barcelona stars who have claimed the honour, including teammates Pedri and … Read more
Former African featherweight champions Taiwo “Esepo” Agbaje and Rilwan “Real Show Boy” Lawal are set to face off for the vacant IBO African Featherweight Title on December 26 at the Balmoral Convention Centre in Victoria Island, Lagos. The highly anticipated clash promises to be a thrilling showdown between two elite fighters. Agbaje, an undefeated former … Read more
KRC Genk’s Head of Football, Dimitri De Condé, has dismissed speculation about the club parting ways with any of its key players, including Nigerian striker Tolu Arokodare, during the January transfer window. Arokodare has been linked with a potential move to Fulham, who are reportedly seeking to strengthen their attacking options mid-season. EDITOR’S PICKS Electricity … Read more
There was mild drama at the National Assembly on Wednesday as the Senate debated the admittance of President Bola Tinubu’s economic team into the chamber to discuss the proposed Tax Reform Bills. The Senate Leader, Opeyemi Bamidele (APC, Ekiti Central), moved to suspend Order 12, which restricts access to plenary, to allow tax experts, consultants, … Read more
President Bola Ahmed Tinubu has arrived in Paris, France, for a three-day official visit at the invitation of French President Emmanuel Macron. Tinubu, accompanied by First Lady Senator Oluremi Tinubu, landed at Orly Airport around 5:10 p.m. on Wednesday. His arrival was marked by a ceremonial military reception, signifying the commencement of the visit. … Read more
The Nigeria National Petroleum Company Limited (NNPCL) has urged Nigerians to dismiss claims discrediting the operational status of the Port Harcourt Refinery. In a statement released on Wednesday, the Chief Corporate Communications Officer of NNPCL, Olufemi Soneye, denounced reports accusing the company of blending Crack C5 from Indorama Company with Naphtha to sell as refined … Read more
The National Drug Law Enforcement Agency (NDLEA) has officially relocated its headquarters to a newly constructed facility in the Jahi area of Abuja, with the first phase of the project inaugurated during an interdenominational service on Wednesday. In a statement by Femi Babafemi, NDLEA’s Director of Media and Advocacy, the relocation was deemed essential for … Read more
Stakeholders in Nigeria’s oil and gas industry have expressed optimism over the commencement of production at the Port Harcourt Refining Company, highlighting its potential to drive competition, reduce the pump price of petroleum products, and create jobs for Nigerians. On Tuesday, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele … Read more
The Aareonakakanfo of Yorubaland, Iba Gani Adams, has hailed the management of the Lagos State University, LASU, for sustaining Yoruba language in the school’s curriculum. Adams stated this at the 2024 edition of Ajagunmale festival held in Lekki, Lagos, urging other tertiary institutions in Yorubaland to take a cue from such a new initiative. He … Read more
The Federal High Court sitting in Abuja has adjourned to December 10 for a ruling on the bail application by the former Governor of Kogi State, Yahaya Bello, and two others. EKO HOT BLOG reports that Bello had pleaded not guilty to the 16-count charges brought against them by the Economic and Financial Crimes Commission. … Read more
Former President Olusegun Obasanjo has dismissed rumours of his death circulating on social media, confirming that he is alive. He revealed that he recently woke up to false rumours of his death circulating on social media, expressing shock and disappointment over the deeply upsetting reports. EDITOR’S PICKS Japa: Russia Opens Doors to Migrants Amid Workforce … Read more
Former President Goodluck Jonathan has urged Nigerians to eschew ethnic sentiments, stressing that such divisions hinder the growth and development of Nigeria as a nation. Jonathan made this call at the 20th anniversary celebration of the Wellmann Group in Effurun, Delta State, on Tuesday. EDITOR’S PICKS Japa: Russia Opens Doors to Migrants Amid Workforce Shortage … Read more
Vice President Kashim Shettima, Wednesday morning, departed Abuja for Abidjan, Côte d’Ivoire. A statement by Senior Special to The President on Media & Communications (Office of The Vice President), Stanley Nkwocha on Wednesday, said Shettima will be attending the opening ceremony of the International Exhibition of Extractive and Energy Resources (SIREXE) 2024 conference. EDITOR’S PICKS … Read more
The Central Bank of Nigeria, CBN, has assured banks of a steady cash supply to address shortages nationwide. CBN governor, Olayemi Cardoso, gave this assurance on Tuesday at a press briefing after the 298th monetary policy committee, MPC, meeting in Abuja. EDITOR’S PICKS Japa: Russia Opens Doors to Migrants Amid Workforce Shortage Crisis Erupts at … Read more
Former lawmaker, who represented Kogi West Senatorial District, Dino Melaye has mocked the immediate past governor of the state, Yahaya Bello following his arraignment by the Economic and Financial Crimes Commission, EFCC. EDITOR’S PICKS Japa: Russia Opens Doors to Migrants Amid Workforce Shortage Crisis Erupts at Celestial Church of Christ in Lagos Over N5m Donation … Read more