The Nigerian naira has continued its downward trend against the US dollar across both official and parallel foreign exchange markets as of Wednesday, March 12, 2025. This marks the third consecutive day of depreciation this week. Key Details: This ongoing depreciation highlights the challenges facing Nigeria’s foreign exchange market and its broader economic implications. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
Author: Akintayo Adams
Akintayo Adams
Akintayo Adams A. is an accomplished news editor at News VEO with several years of experience covering, crafting, and delivering compelling news and content that captivates target audiences.
The Nigerian House of Representatives has adopted four tax reform bills, maintaining the current Value Added Tax (VAT) rate at 7.5%. This decision was made during a plenary session on Thursday, March 13, 2025, following a clause-by-clause consideration of the bills. Key Details: This development is seen as a significant step in Nigeria’s tax reform efforts, aiming to streamline revenue collection and enhance fiscal policies.
NASA has announced the dismissal of its chief scientist, Katherine Calvin, along with other key personnel, as part of a restructuring effort mandated by the Trump administration. The announcement was made on Tuesday, March 11, 2025, and marks a significant shift in the agency’s focus. Key Details: Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
Rivers State Governor, Siminalayi Fubara, faced a dramatic situation on Wednesday, March 12, 2025, as he was denied entry into the Rivers State House of Assembly quarters in Port Harcourt. This incident is another chapter in the ongoing political tensions in the state. Key Details: Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel. Video Credit – Channels Television
A devastating fire broke out at the Alesinloye Market in Ìbàdàn, Oyo State, late on Tuesday night, March 11, 2025. L The inferno destroyed numerous shops and goods worth millions of naira, leaving traders and business owners in anguish. Key Details: This tragic event has left many traders devastated, as they count their losses and seek support to rebuild their businesses. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
Bitcoin’s price has experienced a significant drop, falling below the $77,000 mark. This decline is part of a broader trend in the cryptocurrency market, influenced by several factors: Despite the downturn, some analysts believe Bitcoin may find support in the $70,000–$75,000 range, with potential for recovery depending on market conditions. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
The Nigerian House of Representatives has directed the Nigerian Communications Commission (NCC) to enforce the immediate shutdown of all pornographic websites in the country. This decision was made during a plenary session on Tuesday, March 11, 2025. Key Details: This move has sparked discussions about internet regulation and its implications for digital freedom in Nigeria. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
Super Eagles head coach, Eric Chelle, has officially announced the 23-man squad for Nigeria’s upcoming 2026 FIFA World Cup qualifying matches against Rwanda and Zimbabwe. The squad features a mix of experienced players and fresh talents, reflecting Chelle’s strategy to strengthen the team’s performance. Key Details: Match Schedule: This announcement comes as Nigeria seeks to secure crucial points to improve their standing in Group C and keep their World Cup qualification hopes alive. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
The 2025 International Breweries Global Management Trainee (GMT) Program is now open for applications. This program is designed to identify and develop future leaders who will contribute to the company’s growth and success. Key Details: Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
French midfielder Paul Pogba is now free to return to professional football as his doping ban officially ended on March 10, 2025. The 31-year-old had been serving an 18-month suspension, which was reduced from an initial four-year ban following an appeal to the Court of Arbitration for Sport (CAS). Key Details: Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
