Naira depreciates to N1,340/$ in parallel market

The Naira yesterday depreciated to N1,340 per dollar in the parallel market, from N1,300 per dollar last week Friday. Similarly, the Naira depreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,419.11 per dollar. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,419.11 per dollar from N1,339.23 per dollar last […]

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Nigerians made Tinubu president, not Wike — Oduduwa group

The Oduduwa Development Congress (ODC) has disputed claims by the Minister of the Federal Capital Territory, Mr Nyesom Wike, that he played a significant role in bringing President Bola Ahmed Tinubu to power. The group said Wike’s claim is merely a product of his imagination. ODC emphasised that Nigerians, not Wike, made Asiwaju Bola Tinubu their […]

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Fuel queues will be cleared by Wednesday — NNPCL

The Nigerian National Petroleum Company Ltd. (NNPCL) has assured Nigerians that the ongoing fuel scarcity and queues will be cleared out by Wednesday, May 1. Chief Communications Officer, NNPCL, Mr Olufemi Soneye stated this on Tuesday in Lagos. According to Soneye, the company currently has an availability of products exceeding 1.5 billion litres, which can […]

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Ex-players back Finidi’s choice as Eagles coach

The Nigeria Football Federation has garnered commendations from former Super Eagles players following the appointment of George Finidi as the new coach for the men’s senior national team but adds that he must be supported to succeed, The PUNCH reports. On Monday, the NFF board endorsed the recommendation of its Technical and Development Committee to […]

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Hearn talks up Joshua, Wilder fight

Matchroom Boxing promoter Eddie Hearn has outlined Anthony Joshua’s next options as he eyes up a heavyweight world title or a potential shot against one of the biggest names in the division, following on from his impressive performances under Ben Davison. Joshua teamed up with Davison ahead of his showdown with Otto Wallin in December […]

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Ikpeba backs Finidi to utilise NPFL stars

Former African Footballer of The Year Victor Ikpeba is optimistic newly appointed Super Eagles coach, Finidi George, will use his knowledge of the country’s domestic league to maximum effect by giving the Nigeria Premier Football League opportunities in the national side, The PUNCH reports. Ikpeba, a member of the Nigerian Football Federation Technical Committee that […]

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16 fleeing Niger inmates recaptured – NCoS spokesman

The Nigerian Correctional Service has so far recaptured 16 out of the 119 inmates who escaped from the Suleja Medium Security Custodial Centre in Niger State last week. The spokesperson for the NCoS, Abubakar Umar, disclosed this to our correspondent on Monday. The PUNCH reports that a relentless downpour on Wednesday night wreaked havoc on […]

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UNIBEN suspends student union over attack on LP gov candidate

The management of the University of Benin has approved the indefinite suspension of the university’s Student Union Government. In a statement on Monday by the university’s Registrar, Ademola Bobola, the institution said the suspension was in connection with the attack on the Edo State Labour Party’s candidate, Olumide Akpata, by some students believed to be […]

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Petrol hits N800 as 240 million-litre vessels arrive

The Nigerian National Petroleum Company Limited on Monday began offloading 240 million litres of Premium Motor Spirit, otherwise called petrol, as it stepped up efforts to tackle the worsening nationwide petrol scarcity. As the NNPCL began offloading petrol, filling stations sold the product at an average price of N800 per litre in various locations. One […]

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