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Dollar to Naira exchange rate today, July 31, 2026

The naira remained broadly stable against the United States dollar on Friday, July 31, 2026, with only marginal movements recorded in both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market.

Otedola acquires additional N222bn FirstHoldco shares, now controls 26%

By Peter Egwuatu Femi Otedola, Chairman of First HoldCo, parent company of First Bank, has bought additional 1.779 billion shares of the company worth N222.209 billion. According to a statement signed by the company’s secretary, Abiola Baruwa, made available to the Nigerian Exchange Limited, NGX, yesterday, the shares were acquired through Otedola’s investment vehicle, Calvados Global Services Limited. […]

ATM transactions rise 208% to N89trn

By Elizabeth Adegbesan The value of Automated Teller Machines (ATM) transactions grew sharply by 208.4 percent year-on-year (YoY) to N89.12 trillion in 2025 from N29.12 trillion in 2024. The Central Bank of Nigeria, CBN, disclosed this in its 2025 Annual Report noting that the increase in ATM transactions reflects user preferences, adoption of digital channels, […]

Can the Super Falcons bounce back to claim an 11th WAFCON title?

A shocking WAFCON Cup story unfolded in Rabat, Morocco on Tuesday when against all odds, tournament debutants Malawi stunned record champions Nigeria 3-2 in their Group C opener. This result sent tongues wagging regarding the possibility of Nigeria’s quest to win their 11th WAFCON title and qualify for the FIFA Women World Cup in Brazil.

Menace of open defecation: Nigeria’s silent sanitation emergency

YET, consider this: Right inside the major car park on inner Marina on Lagos Island, stretching from directly opposite the UBA Headquarters Building to the Old Kingsway Building (just before Oando gas station), is a public toilet. Five years ago, it had eight pit latrines and four urinaries. The stench oozing forth from inside is […]

We won’t bow to intimidation — Adeleke

FOLLOWING the detention of Secretary to the State Government, SSG, Mr Teslim Igbalaye, by operatives of the police command over alleged vote buying, Governor Ademola Adeleke, yesterday, declared that the people of the state will not succumb to any form of external interfereance or intimidation as the August 15 governorship election draws near.

We’re crushing security threats—Ribadu 

THE National Security Adviser, Mallam Nuhu Ribadu, yesterday, reassured Nigerians of the Federal Government’s commitment to mopping up illegal weapons across the country as part of efforts to secure lives and property.

FG, Labour clash over use of fuel subsidy removal savings

The Federal Government, and Organised labour yesterday, disgreed over the use of savings from the removal of fuel subsidy, with government explaining how the savings were used used to finance Ways and Means, service foreign debt, increased federal workers’ salaries, students’ loans, among others.

Adeleke campaign faults Oyebamiji for ignoring peace accord to attend rally

The Imole Campaign Council has criticised the absence of the All Progressives Congress (APC) governorship candidate, Bola Oyebamiji, from Thursday’s peace accord meeting ahead of the August 15 Osun State governorship election, describing it as a sign of “arrogance” and “disdain” for the people of the state. In a statement issued on Friday by its […]

Housing crisis: Declare emergency on building costs, not rent — Wamakko

By Luminous Jannamike ABUJA — Former President of the Real Estate Developers Association of Nigeria, REDAN, Dr Aliyu Wamakko, has urged the Federal Government to declare a state of emergency on soaring building costs rather than rising rents, saying spiralling construction costs, not landlords, are driving Nigeria’s housing crisis. With rents climbing beyond the reach […]

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