Author: Akintayo Adams

The naira improved to 1,339.33/$ at the end of trading on the official platform on Monday, rising by 9.68% compared to Friday’s rate of ₦1,482.81/$. According to data from FMDQ, which oversees the Nigerian Autonomous Foreign Exchange Market, the daily trading volume decreased to $180.80m from $556.25m on Friday, showing a 67.50% drop. On the official market, the naira was exchanged at a highest point of ₦1,501 and a lowest point of ₦1,310 against the dollar on Monday. On the parallel market, the naira was traded at ₦1,520, showing a decrease of 1.32% from the ₦1,500 rate on Friday. Get…

President Bola Ahmed Tinubu will address a Joint Session of the National Assembly on Wednesday, as part of activities commemorating 25 years of uninterrupted democracy. Sani Tambawal, the clerk of the National Assembly made the announcement in a statement released in the early hours of Tuesday. “This is to inform Distinguished Senators and Honourable Members that as part of the event to commemorate 25 years of unbroken democracy and Legislature in Nigeria, there will be a joint sitting of both the Senate and the House of Representatives on Wednesday 29 May, 2024,” the statement read. “President Bola Ahmed Tinubu GCFR,…

The Rivers State Police Command have arrested 13 individuals for robbery. The suspects include four soldiers and an officer from the Nigeria Security and Civil Defence Corps (NSCDC), on charges of armed robbery and hijacking food trucks to divert them to other locations. Grace Iringe-Koko, the police spokeswoman for the state, announced this in a statement on Monday. She stated that the arrests followed a thorough investigation prompted by an initial arrest for suspected burglary at a private warehouse in Elimgbu community, Obio/Akpor LGA. She revealed that two of the initial suspects were identified as a corporal in the Nigerian…

Chad’s newly appointed Prime Minister, Allamaye Halina, revealed his inaugural administration on Monday, signaling the conclusion of three years of military governance in the arid country. Key ministers, primarily supporters of President Mahamat Idriss Deby Itno, retained their positions in the cabinet announcement broadcast on public television. The former ambassador to China was appointed on Thursday, shortly before junta leader Deby, an army general, was inaugurated as president following a disputed election. The new government will consist of 35 ministers, 23 of whom were part of the previous administration. Halina’s predecessor, Succes Masra, stepped down last Wednesday following his loss…

The Minister of Justice and Attorney General of the Federation, Prince Lateef O. Fagbemi (SAN), has warned the National Assembly against forcing a new national anthem on Nigerians. Fagbemi stated that any change to the national anthem should genuinely reflect the wishes of the majority of Nigerians, rather than being decided solely by legislative decree or presidential order. He said, “A national anthem is expected to enjoy universal acceptance and veneration amongst the citizens, for it to attain the status of an official song that commands respect, patriotism and national consciousness. “In some cases, national anthem emerges from open national…

Cristiano Ronaldo has set a new record for goals scored in a Saudi Pro League season. The Portuguese megastar netted a double for Al-Nassr in a 4-2 victory over Al-Ittihad to take his tally to 35 and move ahead of Abderrazak Hamdallah’s mark of 34 in 2018-19. He also claimed the 2023/24 Saudi Pro League Golden Boot. Portugal forward Ronaldo has netted 64 goals in 69 matches for Al-Nassr across all competitions since joining on a free transfer in January 2023 after departing Manchester United. This victory ensured Al-Nassr secured second place in the standings for the second straight season,…

A Kano High Court has instructed the deposed Emir of Kano, Alhaji Aminu Ado Bayero, to cease identifying himself as Emir. The court also ordered the police commissioner to remove him from the mini-palace on State Road. The ruling was delivered on Monday by Justice Amina Adamu Aliyu. Similarly, the order restrained Alhaji Nasiru Ado Bayero, Ibrahim Abubakar II, Alhaji Kabiru Muhammad Inuwa and Alhaji Aliyu Ibrahim Gaya from parading themselves as emirs of Bichi, Gaya, Rano and Karaye. The order reads, “That an order of interim injunction is hereby granted restraining the 1st, 2nd, 3rd, 4th & 5th Defendants…

The Kano State Government announced on Monday that it has received an order from the Federal High Court to halt the implementation of the state’s new emirate council law. The state’s Attorney-General and Commissioner for Justice, Haruna Dederi, confirmed the receipt of the court order on Monday morning. Mr. Dederi informed BBC Hausa service that the government is currently reviewing the court order. “This court injunction has generated controversy until this morning at about 10 a.m. We received it from an official of the Federal High Court “We received the court order, let’s wait for our response and court pronouncement,”…

The Nigerian military has reopened Banex Plaza in the Wuse 2 area of Abuja for business after being closed for over a week. According to Daily Trust, the plaza started operating again around 2:30 PM on Monday. The market was shut down by military authorities on May 18, following a violent conflict between traders and soldiers. The trouble began when some thugs allegedly attacked soldiers who had a disagreement with a trader in the plaza. The trader had reportedly sold a faulty phone to someone who then called in soldiers. The police tried to resolve the issue, but soldiers later…

The Benue State House of Assembly on Monday repealed the law providing lifetime maintenance for former elected governors and their deputies in the state. Our correspondent reports that the 9th Assembly, in May 2023, just days before their term ended, passed the controversial pension bill to extend benefits to ex-governors and their deputies from 1999. However, during the plenary on Monday, the current 10th Assembly repealed the bill passed by their predecessors, stating it was not enacted in good faith. The lawmakers argued that the law was against the interests of the people, and they unanimously supported its repeal after…