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Naira depreciates to N1,660/$ in parallel market

Naira depreciates to N1,660/$ in parallel market

By Elizabeth Adegbesan The Naira today depreciated to N1,660 per dollar in the parallel market from N1,655 per dollar on Thursday. But the Naira appreciated to N1,535 per dollar in the official foreign exchange market. Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for Nigerian Foreign Exchange Market (NFEM) […]

Military honours’ accorded to Seyi Tinubu: The Fact and Friction

Military honours’ accorded to Seyi Tinubu: The Fact and Friction

Former Vice President Atiku Abubakar recently condemned, what he termed, ‘the military honours’ accorded to Seyi Tinubu, son of President Bola Tinubu, at an empowerment event organized by the City Boy Movement in Ogun state. Some of the former VP’s comments, regarding a video of this event included:… “A desecration of Nigeria’s long-standing military traditions.” […]

Three convicted for impersonating Evang Ebuka Obi to defraud Zion members

Three convicted for impersonating Evang Ebuka Obi to defraud Zion members

One of the successes against cyber-crime recorded by the Benin zonal Directorate of the Economic and Financial Crimes Commission (EFCC) in 2024 was the conviction of three young men for impersonating the Spiritual Director of Zion Prayer Movement Outreach Evangelist Ebuka Anozie Obi, to defraud members of the public. The three men, Odion Victor, Amos […]