Month: July 2023

  • Court orders Okowa govt to account for over N200bn public funds

    Court orders Okowa govt to account for over N200bn public funds

    The Federal High Court in Lagos has ruled that the government of former Delta State governor, Ifeanyi Okowa, must fully disclose the spending information of over N200bn public funds.

    These funds were collected from the Universal Basic Education Commission and allocations from the Federation Accounts.

    The court, presided over by Honourable Justice Daniel Osiagor, issued the judgment on July 17.

    As a result, Delta State Governor Sheriff Oborevwori has been ordered to reveal the details of budgetary allocations and actual spending by the Okowa government during the period between 2015 and 2019.

    Read Also : “You are a betrayer,” Edwin Clark tells Okowa to step down as Atiku’s running mate.  

    This judgment came about as a result of a Freedom of Information suit, with reference number FHC/L/CS/803/2019, filed by the Socio-Economic Rights and Accountability Project.

    Justice Osiagor, in his ruling, acknowledged that SERAP has a legitimate legal right to inquire about and be informed of how public institutions handle public funds.

    He emphasized that every citizen has a responsibility to demand transparency and accountability in the governance of such institutions.

    Based on this, Justice Osiagor directed the Delta State government to disclose the expenditure details of the Okowa administration, including how they spent over N7.28 billion received from UBEC between 2015 and 2017, as well as N213 billion received from the Federation Accounts Allocation Committee in 2018, at an average of N17.8 billion per month.

    Also Read : Nnamdi Kanu’s family confirms handwritten letter to Simon Ekpa, says no more sit-at-home

    SERAP initiated this legal action after the case of seven-year-old Success Adegor, who was sent home from school due to her parents’ inability to pay an unlawful school fee/levy of N900.

  • Peter Obi Reveals Those Using Ethnicity To Divide Nigerians

    Peter Obi Reveals Those Using Ethnicity To Divide Nigerians

    Peter Obi, the Labour Party’s (LP) presidential candidate, has accused politicians and elites of using racial hatred to fuel the country’s crisis.

    The former governor of Anambra State stated this on Saturday, July 29, during The Parallel Facts’ #PeterObiOnParallelFacts Twitter Space forum.

    Unifying Nigeria, he claims, is not difficult because it demands sacrifice and doing the right thing.

    Obi argued that politicians utilise ethnicity to divide Nigerians because they are unable to compete on character, ability, and other qualities.

    Read Also : Peter Obi abandoned me after I sold property to support LP – Retired Colonel shot by thugs

    “It’s not a difficult thing to unify Nigeria; it’s a question of sacrifice; it’s a question of doing the right thing; Nigerians are united,” he remarked. Politicians and the ruling class in Nigeria are split.

    “And they did it on purpose because the more divided we are, the better for them.” They seek to compete by dividing us since they can’t compete in terms of character, competence, and other competitive characteristics.”

    Obi reaffirmed that Nigerians are one united people, and said if given the chance, he would tour the country to educate Nigerians on the importance of unity in diversity.

    Also Read : Nnamdi Kanu’s family confirms handwritten letter to Simon Ekpa, says no more sit-at-home

    He also asked Nigerians and his supporters to keep calm in the face of all the provocation, saying they would not bring Nigeria down if anything happened.

    “We will remain calm no matter what they do to us,” he stated.Even if something bad happens, we will not bring Nigeria down.

    “We will stay calm and do the right thing.” I want you all to realise that we have no other country but this one. We will construct it for our children.”

  • Nnamdi Kanu’s family confirms handwritten letter to Simon Ekpa, says no more sit-at-home

    Nnamdi Kanu’s family confirms handwritten letter to Simon Ekpa, says no more sit-at-home

    The family of Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB), has confirmed the authenticity of a handwritten letter sent to Finland-based agitator, Simon Ekpa.

     

    In the letter, Kanu’s brother, Kanunta, urged Ekpa to refrain from using Nnamdi Kanu‘s name to call for a sit-at-home in the Southeast region. Kanunta emphasized that the sit-at-home order was no longer in effect, and if Ekpa wishes to call for such actions, he should do so using his own name.

    Nigerian senator salary and allowances 2023: Unraveling the New Lavish Packages

    The letter was sent to Ekpa by Nnamdi Kanu from the Department of State Services (DSS) facility, through his Special Counsel, Aloy Ejimakor.

    See the Nnamdi Kanu’s Letter to Simon Ekpa

    Full Details of Nnamdi Kanu Letter to Simon Ekpa, the Self acclaimed Prime Minister of Biafra Emerge

    Full Details of Nnamdi Kanu's Letter to Simon Ekpa, the Self-Acclaimed Prime Minister of Biafra, Emerge

  • CBN Official Naira to Dollar exchange rate today July 30 2023

    CBN Official Naira to Dollar exchange rate today July 30 2023

    CBN Official Naira to Dollar rate today , Latest CBN Exchange Rate for Naira to Dollar – Nigerian naira to US dollar. CBN Exchange rate today, July 30, 2030.

    The Central Bank of Nigeria (CBN) publishes the daily exchange rate of the Nigerian naira to the US dollar. This information is crucial for businesses and individuals who need to convert between the two currencies.

    As of Saturday, July 30, 2030, the latest data from the Central Bank of Nigeria (CBN), the Official exchange rate of dollar to naira CBN rate today  is as follows:.

    Official naira to dollar rate today

    • Buying rate: 775.78 naira per US dollar
    • Selling rate: 776.78 naira per US dollar

    The CBN Official naira to dollar, effective as of today, play a significant role in facilitating financial transactions and conversions between the Nigerian naira and the US dollar. It is important to note that exchange rates may fluctuate in response to market conditions and other factors.

    CBN Official dollar to Naira yesterday

    The Nigerian Naira to the US Dollar closed yesterday at 778.52

    Dollar to naira black market today July 30 2023 | abokifx

     

    Important Notice: The Investors & Exporters FX window ( I&E FX Window) is now the CBN Official Naira to Dollar exchange rate.

    This means that if you want to buy 1 US dollar, you will need to pay 775.78 naira. And for those  who want to sell 1 US dollar, you will receive 776.78 naira.

    The exchange rate can fluctuate from day to day, so it is important to check the CBN website for the latest rates before making any transactions.

     

    “Foreign Exchange Transactions Surge by 65.79% in Nigeria’s I&E Window, Hits $7.72 Billion in June 2023”

    In June 2023, the value of foreign exchange transactions in the Investors’ and Exporters’ window witnessed a substantial surge of 65.79% compared to May 2023. According to data sourced from the FMDQ Exchange, the Central Bank of Nigeria (CBN), authorized dealers, and their clients conducted foreign exchange trades worth N4.77 trillion ($7.72 billion) during that period.

     

    This noteworthy increase amounted to N1.89 trillion ($1.51 billion) more than the N2.87 trillion ($6.21 billion) traded in May. The combined foreign exchange transactions over the two months totaled N7.65 trillion or $13.94 billion.

     

    The surge in foreign exchange transactions came in response to President Bola Tinubu’s pledge during his presidential speech on May 30, 2023. In his address, he vowed to review the foreign exchange market to enhance liquidity and address concerns raised by foreign investors about forex scarcity and multiple forex rates impeding earnings repatriation.

     

    In line with his promises, President Tinubu took action by suspending the governor of the Central Bank of Nigeria (CBN) and consolidating multiple exchange rates into a single rate within the Investors’ and Exporters’ window.

     

    Despite the boost in liquidity, the naira to dollar exchange rate in the I&E window has been rising, currently trading at N768.60/$1 on Thursday, surpassing the N664.04/$1 rate set by the CBN on June 14, 2023, after the devaluation.

     

    Additionally, Nigeria’s foreign reserves declined to $33.94 billion on July 25, marking a two-year low compared to the $35.14 billion reported on May 26, shortly before former President Muhammadu Buhari’s term ended.

     

    Furthermore, the total Foreign Exchange Derivatives recorded in June amounted to N3.91 trillion ($6.34 billion), a significant increase from the N2.40 trillion ($5.19 billion) recorded in May.

    Read Also 

    Dollar to naira black market today July 30, 2023 | Aboki fx rate

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    CBN Official Naira to Dollar exchange rate today July 26 2023

    CBN Official Naira to Dollar exchange rate today July 25 2023

    Dollar to naira black market today July 30, 2023 | Abokifx

    Dollar to naira black market today July 30, 2023 | Aboki fx rate

     

    Here are some of the factors that can affect the CBN exchange rate between the Nigerian naira and the US dollar:

    • Demand and supply: If there is more demand for the US dollar than there is supply, the exchange rate will go up. Conversely, if there is more supply of the US dollar than there is demand, the exchange rate will go down.
    • Economic factors: The state of the Nigerian economy and the US economy can also affect the exchange rate. For example, if the Nigerian economy is doing well, the naira will be more valuable. Conversely, if the Nigerian economy is doing poorly, the naira will be less valuable.
    • Political factors: Political instability in Nigeria or the US can also affect the exchange rate. For example, if there is a coup in Nigeria, the naira will likely lose value.

    Dollar To Naira today, CBN Official naira to dollar today - Nigerian naira to US dollar

    If you are planning to travel to Nigeria or the US, it is important to factor in the exchange rate when budgeting for your trip. You can use a currency converter to get an estimate of how much your money will be worth in the other currency.

    You can also check the CBN website for the latest exchange rates. The website also has a currency converter that you can use.

    That is all for now in the Official Naira to Dollar exchange rate today which is all the I & E dollar to naira exchange.

    Thanks for reading CBN Official naira to dollar exchange rate today.  l hope this cbn exchange rate us dollar to naira post has been helpful. If you have any questions, please feel free to leave a comment below.

  • Nigerian Newspapers Headlines Today: 10 Latest News and Updates July 30, 2023

    Nigerian Newspapers Headlines Today: 10 Latest News and Updates July 30, 2023

    Top Nigerian Newspapers Headlines Today for Sunday, July 30, 2023.

     

    Stay informed with the latest Nigerian newspapers headlines today. Get up-to-date news and updates on politics, business, sports, entertainment, and more from leading Nigerian newspapers. Stay ahead with today’s top stories in Nigeria.

     

    Good morning Nigeria! Welcome to Summary of Nigerian Newspapers headlines for today.

     

    See Nigerian Newspapers Headlines and the Details below.

    1. Bandits in Kaduna State, Nigeria, have tragically killed six farmers, including Mallam Yakubu Bugai, Vice-Chairman of Jama’atul Izalatul Bid’ah Wa Iqamatus-Sunnah. Additionally, over 40 villagers were abducted while working on their farms.

    2. The European Union has declared that it will not recognize the putschists who took control of Niger last week. Furthermore, the EU is suspending security cooperation with the country due to its ongoing struggles with jihadist attacks. The bloc’s chief diplomat, Josep Borrell, stated their readiness to support future decisions by West Africa’s regional bloc, which may include imposing sanctions.

    3. A native doctor, Chidozie Nwangwu, was freed by kidnappers in Anambra State, Nigeria. Shockingly, he revealed that he witnessed the killing of around 20 other victims during his captivity. Nwangwu, popularly known as Akwa Okuko Tiwaraki, was abducted from his hotel in Oba, Idemili North Local Government Area of Anambra State.

    4. Governor Babagana Zulum of Borno State has removed Dr. Ibrahim Yusuf Ngoshe from the list of commissioner-nominees submitted for screening at the State House of Assembly. The Governor’s spokesperson, Mallam Isa Gusau, disclosed that the nominee’s name had been withdrawn.

    5. Alhaji Ahmed Ododo, the ruling All Progressives Congress (APC) governorship candidate in Kogi State, was questioned by the Department of State Services (DSS) following a petition filed against him by the opposition party. The interrogation took place a week after the campaign office of his Social Democratic Party (SDP) rival, Muritala Ajaka, was set on fire.

    6. Caritas Nigeria, a Foundation of the Catholic Church in Nigeria, has described the 2023 general elections as the worst in the country’s history. The Director of the Church and Society Department of Catholic Secretariat of Nigeria (CSN) and Executive Secretary of Caritas Nigeria, Rev. Fr. Uchechukwu Obodoechina, made this observation during the public presentation of the 2023 General Election Observation Report.

    7. Former Vice President Atiku Abubakar held a closed-door meeting on Saturday with some governors from the Peoples Democratic Party (PDP) and other party stakeholders. The meeting was convened in response to recent developments within the party, particularly the nomination of former Rivers State Governor, Nyesom Wike, as a minister by the All Progressives Congress (APC)-led Federal Government.

    8. A Lagos High Court sitting in Ikeja has ruled in favor of Ambassador Bianca Ojukwu, the widow of the late Igbo leader, Dim Chukwuemeka Odumegwu Ojukwu, and her two children in a long-standing litigation over the management and control of assets belonging to Ojukwu Transport Ltd (OTL).

    9. The National Drug Law Enforcement Agency (NDLEA) revealed that an estimated 14.3 million Nigerians are involved in drug abuse. The Ogun State Commander of NDLEA, Ibiba Odili, made this statement during the launch of the War Against Drug Abuse in Abeokuta.

    10. The National Association of Resident Doctors (NARD) rejected the 25 per cent increment in the basic salary of doctors and the accoutrement allowance. They insist on the full restoration of the Consolidated Medical Salary Structure to its value at the time of its approval in 2009.

     

    Previous Nigerian Newspapers Headlines.

    Nigerian Newspapers Headlines Today , NewsOnline Nigeria

    Thanks for readung, that is all for now on the top Nigerian Newspapers headlines for today. Stay informed and have a great day.

     

    Our Daily Nigerian Newspapers Headlines source.

     

  • Senator Dafinone urges Nigerians to prepare for tough times, says Tinubu was pressured to remove subsidy

    Senator Dafinone urges Nigerians to prepare for tough times, says Tinubu was pressured to remove subsidy

    Senator Ede Dafinone, the Vice Chairman, Senate Committee on Legislative Compliance, has urged Nigerians to be prepared for tough times as a result of the fuel subsidy removal

    Senator Dafinone stated that tougher economic times are likely, particularly in the next six months as the price of petrol is expected to rise further.

    Despite the difficult economic situation, he advised Nigerians to maintain hope because the challenges would soon pass.

    Read Also Peter Obi abandoned me after I sold property to support LP – Retired Colonel shot by thugs

    Dafinone, who represents Delta Central in the National Assembly on the platform of the All Progressives Congress, stated this on Saturday during a reception hosted by the Urhobo Leadership Forum in Abuja in honour of federal lawmakers in the 10th National Assembly of Urhobo extraction.

    Hon. Rev. Francis Ejiroghene Waive, who represents Udu, Ughelli North, and Ughelli South federal constituencies; Hon. Mrs. Erhiatake Ibori-Suenu, who represents Ethiope federal constituency; and Hon Benedict Etanabene, who represents Okpe, Sapele, and Uvwie federal constituencies, were also honoured.

    Pay Attention Full Details of Nnamdi Kanu’s Letter to Simon Ekpa, the Self-Acclaimed Prime Minister of Biafra, Emerge

    Dafinone characterised subsidy as a necessary evil that required clinical amputation to keep the country from collapsing.

    “At this point, the government is putting together policies to improve the situation,” he said. However, Nigerians must be aware that the next one or two months will be difficult because the price of petrol may rise again, and we must be prepared to spend wisely in an economy that will worsen before it improves.

    Also Read Ministerial Nominee Stella Okotete Faces Multiple Investigations Over Allegations of “Abuse of Office” and Forgery

    “So I ask you here to recognise that it could get worse and that belts must be tightened in preparation for what could be a difficult, four to six-month wait before recovery begins.”

    “We also recognise that the policies pursued by this government thus far will attract foreign direct investment and boost Nigeria’s economy.” However, this will take time, and we must be patient with the government. The President has taken some bold steps, and we must rally behind the government to put things right once and for all.”

    According to him, the criticisms surrounding President Bola Tinubu’s removal of the fuel subsidy were unjust, adding that all political parties agreed during the campaign that the subsidy had to go.

    Dafinone stated that Nigerians should not hold the President responsible for removing the subsidy without a plan, recalling that marketers had removed the subsidy before the President had the opportunity to formally remove it.

    “I am speaking from the background of campaigns where all political parties agreed that the petrol subsidy must go, that it was impractical for this administration, and even previous administrations, to continue to fund subsidy, especially since a lot of subsidy that was given by government found its way across the borders,” the Senator said.

    “However, the President’s intention was not to withdraw the subsidy immediately.” It was an announcement made to reassure the international community and Nigerians that the right thing would be done in terms of the economy and the funds that would be released after the subsidy was discontinued.

    “However, as soon as that announcement was made, marketers immediately raised their prices, and in light of the potential chaos that was beginning to emerge within a few days of the announcement, the President deemed it appropriate to formally declare that the subsidy was no longer available.” There was no opportunity to put in place the palliatives that would have been put in place prior to the actual removal of subsidies.”

    While urging Urhobo ethnic nationals to hold him and his colleagues accountable, he promised to take their concerns to the National Assembly and protect their interests.

    Another lawmaker, Benedict Etanabene, who represents the federal constituency of Okpe, Sapele, and Uvwie, disagreed with Dafinone’s submissions, claiming that the government was not sincere in its dealings with the people.

    The lawmaker insisted that there was nothing wrong with the government subsidising petrol for Nigerians, and that the idea of providing palliatives would not alleviate Nigerians’ suffering.

    “I do not believe there is anything called subsidy in the petroleum industry in Nigeria,” he said. I’ve held this position since 2000, when I was branch chairman of the Nigerian Petroleum and Natural Gas Senior Staff Association. When the first increase was scheduled, I argued at the national level that if there is a petroleum subsidy, let us see it with two eyes. And the only way we can know that is to know how much petroleum we consume. We should know how much we import into Nigeria, as well as where they are going and who they are paying such large sums to.

    “Section 3 of the constitution outlines the responsibilities of government, primarily the provision of security and welfare.” So the government should subsidise everything in life. Food, water, and even petroleum should be subsidised by the government.

    “All of these palliatives are ineffective. How many people work for the government in Nigeria if we raise their pay (which I am not against). Less than 5% of the population. The N8000 will also not function. I believe that the best palliative is one that all of us will benefit from, which is lowering the price of fuel to N65.”

    Jonathan Esin, President of the Urhobo Land Foundation, challenges the new lawmakers to introduce legislation that would usher in a total transformation of Urhobo land and serve its best interests.

    “Permit me to observe that your predecessors did well in drawing attention to our people’s plight and attracting some federal projects,” he said. However, there were commendable ideas and projects that they developed but were unable to carry out. The establishment of a University of Agriculture and Technology in Orerokpe and the reopening of Sapele and Warri Ports for commercial activities are two examples.

    “As a result, in addition to the new ones you are bringing on board, we believe those already in the consciousness of the National Assembly and the Nigerian public should not be allowed to fade away.”

  • Stella Okotete Biography, Age, Husband, Career and Net Worth

    Stella Okotete Biography, Age, Husband, Career and Net Worth

    Biography of Stella Okotete, State of Origin, Age , Husband Career, Appointment, Net Worth and all you need to know. 

    Stella Erhuvwuoghene Okotete has been nominated by the President of Nigeria, Bola Ahmed Tinubu, to serve as a Minister of the Federal Republic of Nigeria.

    Stella Okotete is a prominent figure in Nigerian politics, known for her advocacy work, philanthropy, and dedication to making a positive impact on society. This comprehensive biography delves into the life and career of Stella Okotete, highlighting key aspects of her journey, achievements, and contributions to Nigeria’s development.

    Stella Okotete Biography.

    • Early Life and Education

    Born on April 20th, 1984, in Delta, Stella Okotete grew up in a vibrant and diverse community. From a young age, she showed a keen interest in social issues and a determination to create positive change. She pursued her passion for education and obtained a Bachelor of Arts in International Studies and Diplomacy from Benson Idahosa University in Benin City. Her academic journey continued with the pursuit of master’s degrees in public administration and peace and conflict resolution, in addition to earning a diploma in law from the Rivers State College of Arts and Sciences.

    Stella Okotete Profile

    • Full Name: Stella Erhuvwuoghene Okotete
    • Date of Birth: April 20th, 1984
    • Age: 39 yrs old (in 2023)
    • Place of Birth: Delta
    • State of Origin: Delta
    • Ethnicity: Urhobo
    • Religion: Christian.

    Stella Okotete Biography Net Worth

    Activism and Humanitarian Work

    Stella’s commitment to humanitarian causes was evident early in her career. She co-founded the E ‘Girls Right Foundation, which aims to empower and uplift young girls by providing them with education, support, and opportunities to thrive. This initiative reflects Stella’s dedication to championing the rights of the girl-child, a cause that remains close to her heart.

    During her tenure as the Millennium Development Goals (MDGs) focal point in Delta State between 2011 and 2015, Stella played a crucial role in implementing programs aligned with the objectives of the United Nations Millennium Declaration. Her work focused on ensuring that marginalized communities benefited from strategic intervention programs, addressing socioeconomic concerns and fostering sustainable development.

    Notably, Stella Okotete actively engaged in volunteer work, reaching out to internally displaced people at IDP Camps in Ughelli, Maiduguri, and Abuja. Her hands-on approach and empathetic leadership style have earned her respect and admiration in the humanitarian community.

    Career in Politics

    Stella Okotete’s political journey took shape when she served as an elected councilor in Ughelli-North Local Government Area. This role provided her with valuable insights into the socioeconomic challenges faced by marginalized groups, further fueling her drive to effect change.

    Her efforts did not go unnoticed, and she was appointed as Special Assistant (SA) MDGs in Delta State, where she continued her advocacy work and contributed to the state’s Millennium Development Goals initiatives. Stella’s ability to identify and address the needs of disadvantaged communities became a hallmark of her political career.

    Read Also Betta Edu Biography, Husband, profile, Age, father and Net Worth

    NEXIM Bank and Business Development

    On April 20, 2017, Stella Okotete’s dedication to public service was recognized when His Excellency, Muhammadu Buhari, President of the Federal Republic of Nigeria, appointed her as the Executive Director of Business Development at the Nigerian Export-Import Bank (NEXIM). In this role, she assumed leadership in overseeing the business development division, driving the bank’s operational performance, and spearheading the creation of new products and services.

    Inspired by the Sustainable Development Goals (SDGs) agenda and President Buhari’s Economic Recovery and Growth Plan (ERGP), Stella introduced initiatives like the “Women and Youth Export Facility” and the “Small and Medium Export Enterprise Facility.” These programs aimed to foster economic stability, promote gender equality, and uplift vulnerable groups by offering them access to export finance.

    Moreover, Stella’s efforts aligned with the federal government’s diversification policies and programs. She worked towards upscaling Nigeria’s non-oil export sector and enhancing foreign exchange revenues, contributing significantly to the country’s economic growth and stability.

     

    Academic Pursuits and Recognitions

    Stella Okotete’s commitment to continuous learning and professional development is evident in her academic accomplishments. Besides her impressive formal education, she also pursued specialized courses at prestigious institutions like the University of Virginia and INSEAD. Her dedication to acquiring knowledge and skills in risk management for banking and other relevant domains underlines her readiness to contribute meaningfully to Nigeria’s economic landscape.

    As a testament to her expertise and contributions, Stella is a Fellow of the Institute of Chartered Economists of Nigeria and the Institute of Management Consultants. She also holds an Honorary Senior Membership with the Chartered Institute of Bankers of Nigeria, solidifying her position as a respected and accomplished professional in her field.

    Stella Okotete Husband

    She is married to Mr. Okotete; however, details about her husband are not in the public domain as of the time of writing this biographical article.

    Stella Okotete Net worth

    The estimated net worth of Stella Okotete is $1.5 million.

    Also Read Ministerial Nominee Stella Okotete Faces Multiple Investigations Over Allegations of “Abuse of Office” and Forgery

    Stella Okotete Date Of Birth.

    • Stella Okotete birthday is April 20th, 1984

    Stella Okotete State Of Origin

    • She is from Delta State

    Her social Media account

    Facebook https://www.facebook.com/eokotete

    Website : https://stellaokotete.com/

    Stella Okotete’s journey from an academically driven student to a prominent activist and politician has been marked by passion, dedication, and unwavering commitment to serving her country and its people. Her advocacy work, philanthropy, and leadership at NEXIM Bank exemplify her relentless pursuit of creating a positive impact on society, particularly for marginalized groups. With her focus on sustainable growth and empowering the girl-child, Stella continues to be an influential and respected figure in Nigerian politics and a beacon of hope for a better and brighter future.

  • Ministerial Nominee Stella Okotete Faces Multiple Investigations Over Allegations of “Abuse of Office” and Forgery

    Ministerial Nominee Stella Okotete Faces Multiple Investigations Over Allegations of “Abuse of Office” and Forgery

    Controversy Surrounding Ministerial Nominee Stella Okotete: Allegations of ‘Abuse of Office’ and Forgery Under Investigation.

    President Bola Tinubu’s ministerial nominee from Delta State, Stella Okotete, finds herself embroiled in a whirlwind of controversy. The Code of Conduct Bureau (CCB) has launched an investigation into allegations of “Abuse of Office” against her. This investigation has cast a shadow over her inclusion in the list of 28 ministerial nominees sent by President Tinubu for screening at the National Assembly, scheduled to commence next week.

    Read Also Stella Okotete Biography, Age, Husband, Career and Net Worth

    However, a letter from the CCB dated 21st March 2023 with file number CCB/HQ/II&M/007/NB/099 addressed to Okotete, confirmed that the Ministerial hopeful is under investigation over cases concerning breach of Code of Conduct for Public Officers
    A letter from the CCB dated 21st March 2023 with file number CCB/HQ/II&M/007/NB/099 addressed to Okotete, confirmed that the Ministerial hopeful is under investigation over cases concerning breach of Code of Conduct for Public Officers. Credit parallel facts.

    The CCB’s letter to Okotete, dated 21st March 2023, bearing the file number CCB/HQ/II&M/007/NB/099, revealed that she is under scrutiny for potential breaches of the Code of Conduct for Public Officers. Dr. Gwimi S.P., the Director of Intelligence and Monitoring (II&M), signed the letter, urging her to furnish the Bureau with certified true copies of various documents.

    These documents include copies of her letters of appointment, promotion letters, record of service, and payslips from 2019 to the present. The CCB also sought information on all loans processed and approved under her watch, as well as acknowledgment slips of all assets declarations made to the Bureau since joining the public service.

    Additionally, they requested documentation concerning her buildings and landed properties, both within Nigeria and abroad. Lastly, the Bureau sought access to her personal bank account statements from January 2019 to date.

    The CCB’s request is based on the constitutional mandate and powers vested in the Bureau by the 3rd Schedule, Part 1, Paragraph 3(e) of the 1999 Constitution of the Federal Republic of Nigeria, as amended. Furthermore, the request finds its basis in Section 137(a) and (b) and Section 138(a) and (b) Panel Cede laws of the Federation of Nigeria 1990, as well as Section 104 of the Evidence Act 2011.

    2019 Report Indictes Stella Okotete.

    In a separate but equally damning revelation, the 2019 report of the Nigerian Senate Committee on Ethics, Privileges, and Public Petitions adds to Okotete’s troubles.

    According to the report, she was indicted for forgery, and the committee recommended either her voluntary resignation or dismissal due to fraudulent misrepresentation.

    The 8th Senate Committee on Ethics, Privileges, and Public Petitions, chaired by Senator Samuel N. Anyanwu at the time, found her guilty after thoroughly reviewing both oral and written submissions from the petitioners, Myson Law Practice on Behalf of Ilaje Global Think Tank Initiative, and Stella Okotete. The report exposed that Okotete had misrepresented her qualifications to hold the position of Executive Director at the bank.

    Among the committee members who signed the report were Senator Mao Ohuabunwa, Senator Mohammed Shitu, Senator Peter Nwaoboshi, Senator Jeremiah Useni, Senator Matthew Urhoghide, Senator Dino Melaye, Senator Omotayo Alasoadura, Senator Binta Garba Masi, Omogunwa Yele, and Senator Philip Gyunka.

    Police Action Report on Stella Okotete.

    Ministerial Nominee Stella Okotete Faces Multiple Investigations Over Allegations of "Abuse of Office" and Forgery.

    Adding to the controversy, a petition from Barrister Aare Oladotun Hassan Esq of Juryman Associate Chambers has been submitted to the Senate, urging the disqualification of Okotete as a Ministerial designate. The petition highlights a pending case against her at the Federal High Court with No: FHC/ABJ/C8/2233/2023. The case pertains to allegations of serial false misrepresentation and forgery.

    Based on the pending case, the petition points out various violations, including violation of the Central Bank of Nigeria’s regulations on the appointment of Heads of Financial Institutions, contemptuous violation of Senate rulings, and non-implementation of the 2019 Senate resolution on her removal recommendation over fraudulent misrepresentation. It also questions the authenticity of her NYSC records and raises concerns about her qualifications and fulfillment of duties as the Executive Director of the Nigerian Export-Import Bank (NEXIM).

    CTN Asks Senate to Reject Stella Okotete’s Nomination as Minister

    Adding to the chorus of objections, the Campaign for Transparency Network (CTN) calls for the rejection of Okotete’s nomination based on her questionable academic records. The Programme Director, Ebube Nwanka, alleges that Okotete lacks a School Leaving Certificate and had unresolved carryovers in four courses during her undergraduate studies. The University of Port Harcourt reportedly refused to approve her graduation due to these carryovers. The CTN further contends that her presented NYSC certificate is fake.

    As the screening of ministerial nominees approaches, Stella Okotete’s future hangs in the balance. Multiple investigations and allegations of “Abuse of Office” and forgery have cast serious doubts on her suitability for a ministerial position. The National Assembly’s deliberations will undoubtedly be closely watched as the fate of the embattled nominee is determined.

  • CTN Asks Senate to Reject Stella Okotete’s Nomination as Minister

    CTN Asks Senate to Reject Stella Okotete’s Nomination as Minister

    Stella Okotete should be rejected. 

    The Campaign for Transparency Network (CTN) has called on the Nigerian Senate to reject Stella Okotete due to concerns over her academic records. According to a statement by the Programme Director, Ebube Nwanka, it has been alleged that Okotete lacks a School Leaving Certificate and proceeded to the University of Port Harcourt for Remedial Studies. Subsequently, she gained admission via direct entry into Benson Idahosa University, Benin City, Edo State.

    Read Also Resident doctors reject FG’s 25% salary increase

    Further claims have been made by Ebube, stating that while studying as an undergraduate, Okotete had unresolved carryovers in four courses, which she did not retake. Allegedly, the University did not approve her graduation, and her National Youth Service Corps (NYSC) certificate has been questioned for its authenticity.

    Pay Attention To Peter Obi abandoned me after I sold property to support LP – Retired Colonel shot by thugs

    In response to these serious allegations, the police have launched an action plan to investigate the matter. The plan, issued in a letter dated 23/01/2023 and re-endorsed in another letter dated 03/02/2023, cites various potential offenses, including criminal conspiracy, falsification of documents, fraudulent misrepresentation of qualifications, corrupt practices, monumental fraud, and misappropriation.

    Also Read Full Details of Nnamdi Kanu’s Letter to Simon Ekpa, the Self-Acclaimed Prime Minister of Biafra, Emerge

    The investigation is set to be conducted discreetly by the authorities, aiming to address the concerns surrounding Stella Okotete’s qualifications and related issues.”

    Nigerian senator salary and allowances 2023: Unraveling the New Lavish Packages

  • Resident doctors reject FG’s 25% salary increase

    Resident doctors reject FG’s 25% salary increase

    The Nigerian Association of Resident Doctors (NARD) has turned down the Federal Government’s proposal of a 25 per cent increase in doctors’ basic salary and a quarterly N25,000 accouterment allowance. This rejection comes amid their ongoing nationwide indefinite strike, as they claim that the government has not met their demands.

    Pay attention to Tinubu’s legitimacy issues Weakens ECOWAS’ Response to Niger Republic Coup – SABC

    According to Dr. Emeka Orji, the President of NARD, the association firmly refuses the proposed 25 per cent salary increment and accouterment allowance, insisting on the full restoration of the Consolidated Medical Salary Structure to its 2009 value when it was initially approved.

     

    Resident doctors Demand

    The current salary structure, implemented in 2014, has lost its value due to inflation, exchange rate fluctuations, and fuel price hikes. Hence, the resident doctors are requesting a return to the 2014 salary value, which they calculate to be more than a 600 per cent increase when accounting for the removal of fuel subsidy.

    Read Also Peter Obi abandoned me after I sold property to support LP – Retired Colonel shot by thugs

    In addition to salary concerns, Resident doctors also demands the immediate payment of the 2023 Medical Residency Training Fund (MRTF), the replacement of departed doctors and nurses with new ones, payment of salary arrears, improved hazard allowance by state governments, and a reversal of the downgrading of membership certificates by the Medical and Dental Council of Nigeria (MDCN).

    Resident Doctors Commence Nationwide Indefinite Strike Over Unmet Demands

    Furthermore, NARD is opposing the casualization of doctors in all tertiary health institutions in Nigeria and urging the government to enhance security measures to prevent incidents like the recent abduction of Prof. Ekanem Philip-Ephraim of UCTH Calabar, one of its trainers.

  • Peter Obi abandoned me after I sold property to support LP – Retired Colonel shot by thugs

    Peter Obi abandoned me after I sold property to support LP – Retired Colonel shot by thugs

    Retired Colonel Shares Harrowing Ordeal: Shot by Political Thugs, Allegedly Abandoned by Labour Party.

     

    Retired Colonel Chinyere Obi, a former member of the Labour Party, opened up about her harrowing experience during the general elections when she sustained a gunshot wound allegedly from suspected political thugs.

     

    She shared her ordeal with journalist Daniel Ayantoye, expressing her disappointment at being abandoned by the party she had dedicatedly supported.

    Read Also Tinubu’s legitimacy issues Weakens ECOWAS’ Response to Niger Republic Coup – SABC

    Colonel Obi narrated that during the House of Assembly election, she noticed irregularities at her polling unit where the INEC officials reportedly tampered with votes in favor of the APC instead of the Labour Party.

     

    When she intervened and defended the LP agent against thugs, she was shot in the leg by one of the attackers. Despite making significant contributions to the party’s campaign efforts, she claimed to have been neglected by the LP after the incident.

    Pay Attention To President Tinubu makes three fresh appointment

    In the aftermath of the attack, the lack of support from the party and the state government left her disillusioned. Colonel Obi revealed that she had spent a considerable amount on campaign activities, including contributing to Atiku Abubakar’s presidential campaign alongside Peter Obi. However, she claimed that after the elections, neither Atiku nor Obi appreciated her efforts.

     

    To make matters worse, she faced financial difficulties due to the cost of treating her gunshot wound and being diabetic. She sold her belongings, including a Honda Pilot SUV, to cover the hospital bills and sustain herself. Colonel Obi expressed her disappointment at the LP leadership, accusing them of misusing funds and failing to show empathy.

     

    When asked about her future political affiliations, she expressed confusion and exhaustion, ruling out support for the All Progressives Congress (APC) due to perceived risks. However, she expressed admiration for Bola Tinubu, claiming she would gladly support him if he reached out to her.

     

    Colonel Obi called for increased security during the upcoming governorship election in Imo State to prevent violence and ensure a free and fair process. She rated past governors’ performances and expressed her disillusionment with the current state of governance in Imo State compared to the legacy of Sam Mbakwe.

     

    Despite her passion for a better Nigeria, Colonel Obi stated that she had no intentions of seeking any elective position in politics. She expressed a deep desire to join her children in London if her financial situation allowed for it, citing strained relationships with her children due to her experiences with the LP.

     

    Overall, Colonel Chinyere Obi’s account sheds light on the challenges and sacrifices some individuals face in the pursuit of political ideals, revealing the complexities and hardships that can be encountered in the political landscape of Nigeria.

  • Lesley Ugochukwu to join Chelsea from Rennes on £23.1m deal

    Lesley Ugochukwu to join Chelsea from Rennes on £23.1m deal

    Chelsea have agreed a deal to sign midfielder Lesley Ugochukwu from Rennes for €27m (£23.1m).

     

    Chelsea Football Club is considering the future of Lesley Ugochukwu, the 19-year-old midfielder they have recently acquired from Rennes in a deal worth €27 million (£23.1 million). The Blues are yet to finalize whether Ugochukwu will be included in Mauricio Pochettino’s first-team squad or be sent out on loan for further development.

    Pay Attention To 7 new facts you need to know about Lionel Messi’s transfer to Inter Miami

    Speculation suggests that a temporary move to Strasbourg is a possibility, especially since Chelsea has a majority stake in the Ligue 1 side. Lesley Ugochukwu, who progressed through Rennes’ academy, boasts an impressive track record, having made 60 appearances for the club, including 35 in various competitions last season. His preferred position on the field is as a holding midfielder, and he has already earned six caps for France U19s.

    Lesley Ugochukwu and what it means for Chelsea.

    The addition of Lesley Ugochukwu marks yet another step in Chelsea’s midfield overhaul, as several players like Mason Mount, Mateo Kovacic, Ruben Loftus-Cheek, and N’Golo Kante have departed the club during this summer transfer window.

    Read Also Asisat Oshoala Biography: husband, Father , Daughters Goals and all you need to know now

    Lesley Ugochukwu is set to join Chelsea from Rennes

    Meanwhile, Chelsea’s pursuit of midfielder Moises Caicedo from Brighton & Hove Albion has faced challenges. The club recently had their second offer, worth £80 million, rejected by Brighton. The Seagulls had previously turned down a £70 million bid for Caicedo, valuing him around the £100 million mark.

     

    The 21-year-old, signed from Ecuadorian club Independiente del Valle for £4.5 million in 2021, is highly regarded by Brighton, considering him on par with Arsenal’s record signing, Declan Rice.

     

    Despite the setback, there were indications that Caicedo would be open to joining Chelsea if an agreement can be reached between the two clubs. Personal terms are not expected to pose an issue in the potential transfer. However, as of now, there are no ongoing negotiations between Chelsea and Brighton.

     

    As the summer transfer window progresses, Chelsea’s fans and football pundits are keenly watching how these midfield developments will shape the squad ahead of the upcoming season.

    That is all for now on Chelsea transfer news: Blues agree £23.1m deal to sign Lesley Ugochukwu from Rennes

  • Full Details of Nnamdi Kanu’s Letter to Simon Ekpa, the Self-Acclaimed Prime Minister of Biafra, Emerge

    Full Details of Nnamdi Kanu’s Letter to Simon Ekpa, the Self-Acclaimed Prime Minister of Biafra, Emerge

    Nnamdi Kanu Issues Directive to End Sit-at-Home Protests in Biafra Agitation

    Nnamdi Kanu, the prominent leader of the Indigenous People of Biafra (IPOB), has issued a significant directive to Simon Ekpa, a Biafra agitator based in Finland, pertaining to the ongoing sit-at-home protests in the Southeast region. Kanu has urged Ekpa to bring an end to all sit-at-home activities in the area, signaling a shift in his approach to the agitation.

    Furthermore, Kanu has explicitly directed Ekpa to refrain from antagonizing governors and politicians from the Southeast region. This instruction comes as a call for unity and perhaps indicates a strategic change in IPOB’s approach towards achieving their goals.

    In a stern warning, the IPOB leader emphasized that those who continue to enforce the sit-at-home protests in the Southeast are not considered his disciples. He went on to underscore that any such enforcers should be prepared to face the full force of the law. This directive showcases Kanu’s determination to maintain a disciplined and organized movement.

    The message from Kanu to Ekpa was made public on a Friday and was delivered through his Special Counsel, Aloy Ejimakor. Addressing journalists in Enugu, Ejimakor relayed Kanu’s direct order, shedding light on the reasons behind this significant decision.

    In the message to Ekpa, Kanu asserted his primary mission to liberate the people of Biafra rather than subject them to any form of enslavement. He strongly expressed his disdain for anyone or any entity attempting to inflict unnecessary hardships on their fellow citizens. This statement echoes the group’s commitment to the welfare and well-being of the Biafran people.

    To ensure the clear communication of this directive, Kanu specifically instructed Ekpa to make a public announcement regarding the cancellation of any ongoing sit-at-home protests. This call for public disclosure further underlines Kanu’s intent to unify the movement under a cohesive and coordinated approach.

    It is worth noting that Kanu, who has been vocal about his commitment to the cause, has reiterated that individuals purporting to enforce sit-at-home protests are not acting on his behalf. He has been persistent in communicating this stance through various channels.

    The situation remains delicate, as some groups opposing the Biafra movement have taken advantage of the sit-at-home protests to cause unrest and violence. Kanu accuses these individuals of hiding behind the pretext of enforcing sit-at-home to perpetrate violence against the very people the IPOB aims to protect. This underscores the need for careful and precise communication from the IPOB leadership to maintain the integrity of their movement.

    Kanu’s message to those purportedly enforcing sit-at-home has been unwavering. He has repeatedly emphasized that their actions are not endorsed by him, highlighting the importance of clarity in the movement’s messaging.

    In his message, Kanu also made it clear that he is not seeking release from his current situation, further suggesting his commitment to his principles and cause. Instead, he emphasizes the need for Nigeria to adhere to its own laws, appealing to the notion of fair and just governance.

    See the Nnamdi Kanu’s Letter to Simon Ekpa

    Full Details of Nnamdi Kanu Letter to Simon Ekpa, the Self acclaimed Prime Minister of Biafra Emerge

    Full Details of Nnamdi Kanu's Letter to Simon Ekpa, the Self-Acclaimed Prime Minister of Biafra, Emerge

  • Analysing the 12 Profound Benefits of Artificial Intelligence (AI): Everything you need to know

    Analysing the 12 Profound Benefits of Artificial Intelligence (AI): Everything you need to know

    The Swiftly Transforming Landscape: AI’s Impact on Modern Society.

    The ever-advancing field of Artificial Intelligence (AI) is reshaping modern society in profound ways, revolutionizing industries and redefining daily life. As AI technologies gain momentum and widespread adoption, their far-reaching impact becomes increasingly evident across diverse sectors, evoking both enthusiasm and apprehension among experts and the general public alike.

    The integration of AI has brought about significant advancements and enhanced efficiency in sectors such as healthcare, finance, transportation, and manufacturing. Leveraging AI-powered algorithms, vast amounts of data are meticulously analyzed, resulting in more precise diagnoses in healthcare, personalized financial recommendations, and streamlined logistics, among other groundbreaking developments. These transformative capabilities hold the potential to save lives, drive economic growth, and increase overall productivity.

    However, the rapid emergence of AI-driven automation is also reshaping the workforce landscape. While AI can complement human abilities and create new job opportunities, it simultaneously poses challenges to traditional job roles. Some routine tasks may be automated, leading to job displacement and necessitating reskilling efforts to adapt to the evolving job market.

    Furthermore, AI’s influence extends into the domains of ethics and privacy. The collection and utilization of massive data sets to train AI models raise concerns about data security, privacy breaches, and potential biases embedded within algorithms. Striking a delicate balance between innovation and safeguarding individual rights remains a critical challenge.

    The rise of AI also sparks ethical debates surrounding the creation of intelligent machines. Profound questions about AI’s moral responsibility, the risks associated with unchecked development, and the potential of surpassing human intelligence in the future give rise to ethical dilemmas that demand thoughtful consideration and global collaboration.

    In light of the opportunities and challenges that AI presents, the collaborative efforts of governments, policymakers, and organizations are essential in developing robust regulations and guidelines for the ethical use and deployment of AI technologies. Ensuring transparency, fairness, and accountability in AI systems will be vital in fostering public trust and confidence in this transformative technology.

    As AI continues to evolve, society must adapt and harness its potential for the greater good while actively mitigating potential risks. Public awareness and engagement in discussions about AI’s impact on society will play an instrumental role in shaping a future where AI serves as a force for positive transformation, upholding ethical values, and safeguarding human welfare.

    12 Benefits of Artificial Intelligence (AI)

    The benefits of AI are diverse and impactful, and they are transforming various aspects of our lives and industries. Some of the key advantages of AI include:

    1. Increased Efficiency: AI-powered systems can analyze vast amounts of data quickly and accurately, leading to enhanced efficiency and productivity across various sectors, such as manufacturing, logistics, and healthcare.

    2. Automation of Repetitive Tasks: AI can automate routine and monotonous tasks, freeing up human resources to focus on more creative and strategic activities. This automation can lead to improved job satisfaction and reduced human error.

    3. Personalization: AI algorithms can analyze individual preferences and behaviors to provide personalized recommendations and experiences. This is evident in personalized product recommendations, targeted marketing, and tailored healthcare treatments.

    4. Improved Healthcare: AI is revolutionizing healthcare by enabling more accurate diagnoses, personalized treatment plans, and better patient outcomes. AI-powered medical imaging, predictive analytics, and drug discovery are examples of AI’s impact in this field.

    5. Enhanced Customer Service: AI-powered chatbots and virtual assistants provide 24/7 customer support, addressing inquiries promptly and improving customer satisfaction.

    6. Advanced Data Analysis: AI can process and analyze large datasets much faster than humans, leading to valuable insights, better decision-making, and improved forecasting.

    7. Safer Work Environments: In industries like manufacturing and construction, AI-powered robots can perform dangerous tasks, reducing the risk of workplace accidents and ensuring worker safety.

    8. Precision Agriculture: AI and machine learning enable farmers to optimize crop yields, resource usage, and pest control, leading to increased agricultural efficiency and sustainability.

    Artificial Intelligence (AI)

    9. Language Translation: AI-based language translation tools are bridging communication gaps between people who speak different languages, facilitating global collaboration and understanding.

    10. Innovations in Education: AI applications in education, such as personalized tutoring and adaptive learning platforms, help tailor educational experiences to individual students’ needs and learning styles.

    11. Financial Fraud Detection: AI algorithms can identify patterns indicative of fraudulent activities in real-time, enhancing security and preventing financial losses.

    12. Climate Change Mitigation: AI is being utilized in environmental monitoring and climate modeling, helping scientists understand climate patterns and develop strategies for mitigation and adaptation.

    Overall, AI’s benefits have the potential to improve the quality of life, drive economic growth, and address some of the most pressing challenges facing humanity. However, it is essential to address ethical considerations and ensure responsible and transparent AI development and deployment to maximize these benefits for the greater good.

     

  • Nigerian Newspapers Headlines Today: 10 Latest News and Updates July 29, 2023

    Nigerian Newspapers Headlines Today: 10 Latest News and Updates July 29, 2023

    Top Nigerian Newspapers Headlines Today for Saturday, July 29, 2023.

     

    Stay informed with the latest Nigerian newspapers headlines today. Get up-to-date news and updates on politics, business, sports, entertainment, and more from leading Nigerian newspapers. Stay ahead with today’s top stories in Nigeria.

     

    Good morning Nigeria! Welcome to Summary of Nigerian Newspapers headlines for today.

     

    See Nigerian Newspapers Headlines and the Details below.

    1. Organised labour walked out of a scheduled meeting with the Presidential Steering Committee on subsidy palliatives at Aso Rock Villa, Abuja. The Nigeria Labour Congress (NLC) President, Joe Ajaero, led the delegation but left the villa.

    2. Lagos Governor Babajide Sanwo-Olu forwarded a list of 39 commissioner-nominees, including politicians and technocrats, to the state House of Assembly for screening.

    3. Vice President Kashim Shettima highlighted Nigeria’s new dawn to chart its destiny, praising the Tinubu administration’s measures to diversify the economy and address challenges.

    4. President Bola Tinubu expressed the Federal Government’s support to create one million digital jobs in Nigeria during a visit by Google Global Vice President, Mr. Richard Gingras.

    5. The Independent National Electoral Commission (INEC) directed security agencies to take action against violence and undemocratic activities, including vote buying, attacks on election officials, and electoral disruption.

    6. Archbishop Emeritus John Cardinal Onaiyekan stated that Bola Ahmed Tinubu is not Nigeria’s President until the courts have declared the election winner.

    7. Mazi Nnamdi Kanu ordered an end to all sit-at-home activities in the South East, including Mondays, according to a public announcement issued by his special counsel, Aloy Ejimakor.

    8. The Edo State Police Command arrested a former banker, Gift Igbinosun, for allegedly defrauding two individuals of over N14.9m under the pretense of helping them get new notes.

    9. The Bauchi State Police arrested a suspect who allegedly removed the hand of a 25-year old man and stabbed him on the head. The suspect had been on the command’s wanted list for two years over thuggery and causing grievous harm.

    10. The family of Chinyere Awuda, a lady found dead near an abandoned swimming pool at a hotel in Anambra State, rejected the autopsy report stating drowning as the cause of death. They requested the police to release the CCTV footage, alleging foul play.

    Previous Nigerian Newspapers Headlines.

     

    Nigerian Newspapers Headlines Today , NewsOnline Nigeria

    Thanks for readung, that is all for now on the top Nigerian Newspapers headlines for today. Stay informed and have a great day.

     

    Our Daily Nigerian Newspapers Headlines source.

     

  • Dollar to naira black market today July 30, 2023 | Aboki fx rate

    Dollar to naira black market today July 30, 2023 | Aboki fx rate

    What is the US Dollar to Naira Exchange rate at the black market today July 30, 2023, which is also known as the parallel market (Aboki fx or Aboki exchange rate)?

     

    Find below the black market Dollar to Naira exchange rate for today Sunday, July 30.

    • Selling Rate: N850
    • Buying Rate: N855

    You can easily exchange your dollar for Naira at the black market, also known as the parallel market, where foreign currencies like the US Dollar are traded outside the official exchange rate system. This informal market, sometimes referred to as Aboki fx or Aboki exchange rate, operates alongside the official banking system and is commonly used in countries with currency exchange restrictions or when individuals seek better rates than those provided by official channels.

    However, it’s important to be aware that the black market carries higher risks, as transactions are not protected by the same regulations and safeguards as official banking channels. To avoid any issues, exercise caution and only engage in transactions with reputable and trustworthy parties.

    Also Read Citizens attack politicians on the street and set Ruling party HQ on fire (videos)

     

    Keep in mind that exchange rates in the black market can fluctuate frequently due to various economic factors and market conditions. For the most current and accurate rates, it’s advisable to stay updated with reliable sources.

     

    How much is dollar to naira black market today?

    Dollar to naira exchange rate today black market yesterday (Aboki dollar rate):

     

    Insiders from the Bureau De Change (BDC) reported fluctuating exchange rates between the US dollar and the Nigerian naira July 29, 2023, across various markets. In the Lagos Parallel Market, popularly referred to as the Black Market, the buying rate for a dollar was N850, with the selling rate at N857. On the other hand, at the Investors and Exporters (I&E) window, the dollar to naira exchange rate experienced initial highs, peaking at N787, but eventually settled at N778 by the close of the day.

     

     

    Please note that the Central Bank of Nigeria (CBN) does not officially recognize or endorse the activities of the parallel market, commonly known as the black market, for foreign exchange. The CBN has directed individuals seeking foreign exchange to approach authorized banks for their foreign currency needs.

     

    The dollar to naira black market exchange rate today Monday, July 30, 2023 is as follows:

    Dollar to Naira Black Market Today

    Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
    Buying Rate N855
    Selling Rate N850

     

    This means that you can buy 1 dollar  for 855 naira, and you can sell 1 dollar for 850 naira at Aboki exchange rate.

     

    Aliexpress dollar to naira exchange rate today

     

    As of today, the exchange rate for the dollar to the Nigerian naira on AliExpress is 784.84 Naira per dollar. If you have a domiciliary account, you have the option to purchase directly from your account. Additionally, AliExpress now allows users to make purchases in Nigerian naira instead of requiring payments in foreign currency.

     

    1000 Naira to dollar conversion rate will give you N850,000.

    How much is $100 in black market today?.

    Now, How much is $100 US in Nigeria?

    • $100 USD in black market today will give you ₦85,500.

    How Much is 1 dollar to naira official exchange rate today.

    The dollar to naira exchange rate at the Investors and Exporters (I&E) window on July 30, 2023, is as follows:

    • Buying rate: N784.84/$
    • Selling rate: N785.84/$

    This means that you can buy 1 US dollar for N784.84, and you can sell 1 US dollar for N785.84.

    CBN Official Naira to Dollar exchange rate today July 30 2023

    Euro To Naira Black market exchange rate ngnrates.com

    The euro to naira exchange rate on July 30, 2023, is as follows:

    • Buying rate: N850.72/€
    • Selling rate: 862.72/€

    This means that you can buy 1 euro for 850.72 naira, and you can sell 1 euro for 862.72 naira.

    Pound To Naira Black market exchange rate ngnrates.com.

    Pound to naira exchange rate at the Investors and Exporters (I&E) window on July 30, 2023:

    • Buying rate: 1,048.30 naira
    • Selling rate: 1,048.60 naira

    This means that you can buy 1 pound for 1,048.30 naira, and you can sell 1 pound for 1,048.60 naira.

    The I&E window is the official exchange rate window in Nigeria. It is a platform where authorized dealers can trade foreign exchange. The exchange rate at the I&E window is determined by supply and demand.

     

    Please note that the exchange rate can change at any time, so it is always best to check the latest rates before you make a transaction. You can do this by visiting the website of a reputable currency exchange bureau or by using a currency converter online.

     

    Airtel Nigeria Reports Impressive Q2 2023 Revenue of $529 Million Amid Data and Voice Growth.

     

    Airtel Nigeria, a leading telecommunications provider, showcased strong performance in the second quarter of 2023, achieving a remarkable revenue of $529 million from its mobile services in the country. This significant growth in revenue was primarily attributed to the increased turnover in both data and voice services.

    According to the company’s financial statements, Airtel Nigeria experienced a noteworthy 23% rise in revenue compared to the same period in 2022 when it reported $517 million. While voice revenue saw a slight decline from $259 million in April to June 2022 to $254 million during the same months in 2023, data revenue surged impressively, reaching $229 million in the review period, surpassing the $210 million generated from internet users in Nigeria in the corresponding period last year.

    Airtel Africa, the parent company, also witnessed positive growth, with its total revenue rising by 9.6% based on reported currency change, reaching $1.37 billion during the same quarter. This outperformed the $1.25 billion generated in the second quarter of the previous year.

    Read Also Be patient, I understand your pain – Tinubu begs Nigerian

     

     

    Breaking down the figures further, Airtel Africa’s voice services contributed significantly to its revenue, generating $621 million during the quarter, surpassing the $610 million reported in the same period the previous year. The data services segment also showed strong growth, generating $486 million in the quarter ending June 2023, up from the $418 million earned in the second quarter of 2022.

    However, despite the impressive performance, Airtel Africa faced a challenge due to the naira devaluation in Nigeria, resulting in a $151 million loss after tax. The company disclosed that a foreign exchange loss of $471 million was recorded in finance cost before tax, with an additional $317 million impact after tax, specifically attributed to the devaluation of the Nigerian naira in June 2023. This loss has been categorized as a non-operating exceptional item.

    Despite the setback caused by the devaluation, Airtel Nigeria’s positive revenue growth and robust performance in data and voice services remain noteworthy factors in the telecommunications industry.

    Also see: CBN Official Naira to Dollar exchange rate today July 30 2023

     

    Related:

    Naira to Dollar black market exchange rate today, July 3, 2023

    Dollars To Nairas Black Market Exchange Rate Today April 19, 2023

     

    Naira to Dollar black market exchange rate , dollar to naira exchange rate today

    Thanks for using our platform to learn about the latest dollar to naira black market today.

  • Tinubu’s legitimacy issues Weakens ECOWAS’ Response to Niger Republic Coup – SABC

    Tinubu’s legitimacy issues Weakens ECOWAS’ Response to Niger Republic Coup – SABC

    Nigeria’s President Bola Tinubu’s Credibility Crisis Weakens ECOWAS’ Response to Niger Coup.

    In a video that has now gone viral, a South African Broadcasting Corporation (SABC) correspondent revealed concerns over the current state of the Economic Community of West African States (ECOWAS), stating that it is not as strong as it used to be. According to the correspondent, the reason for this decline lies in the lack of legitimacy and credibility of ECOWAS’ Chairman, Nigerian President Bola Tinubu.

     

    Read Also Ex-soldier arrested for allegedly supplying weapons to Boko Haram in Bauchi

    The correspondent highlighted that President Tinubu’s credibility has been questioned in Nigeria due to doubts surrounding the legitimacy of the election results. Despite his strong statement condemning the coup d’état in Niger Republic, many in Nigeria perceive his government as illegitimate, which, in turn, undermines ECOWAS’ position and ability to respond effectively to regional challenges.

    The situation in the region has become increasingly unstable, especially with neighboring countries like Niger and Mali facing sanctions from the United States for their military officials’ actions. In the past, ECOWAS was known for its quick and credible responses to regional challenges, but the current circumstances have put the regional body on shaky ground.

    Watch the Video below.

    The recent coup in Niger, where President Mohamed Bazoum was detained and overthrown by the Presidential Guard on July 26, 2023, has further intensified concerns about the effectiveness of ECOWAS’ response.

    As ECOWAS faces this crisis of credibility, it remains to be seen how the regional body will navigate these challenges and restore stability to the region.

  • Ex-soldier arrested for allegedly supplying weapons to Boko Haram in Bauchi

    Ex-soldier arrested for allegedly supplying weapons to Boko Haram in Bauchi

    The Nigerian Army has disclosed the arrest of a former soldier who is suspected of supplying weapons to Boko Haram members in Bauchi State.

     

    The apprehension took place on 18 July 23 in Boi, Bogoro Local Government Area of Bauchi State.

     

    Initial investigations have indicated that the detained person had been discharged from service in 5 Brigade Damasak.

     

    Read Also : Panic as soldiers kill vigilante operative, woman

     

    As part of the operation, troops confiscated two pistols, two magazines, and eight rounds of 9mm ammunition from the suspect.

     

    Furthermore, on the same day, the army conducted another mission in Yobe State, resulting in the capture of two individuals suspected of being logistic suppliers to Boko Haram/Islamic State West Africa Province terrorists at Kukareta Market in Damaturu LGA.

     

    In addition to the apprehensions, two mobile phones and the amount of Seven Thousand Two Hundred and Sixty-Five Naira (N7,265.00) were retrieved, along with various other miscellaneous items.

     

    Also Read : You are a disgrace to Islam” – Northern Muslims issue threats to Asisat Oshoala over a shirtless celebration

     

    These operations form a crucial aspect of the continuous endeavors by the Nigerian Army to counter insurgency and uphold security in the region.

  • President Tinubu makes three fresh appointment

    President Tinubu makes three fresh appointment

    President Bola Ahmad Tinubu has given his authorization for the establishment of a new management team for the Customs department.

     

    This decision came in the wake of the appointment of Bashir Adewale Adeniyi as the Acting Comptroller General of Customs on June 19, and the subsequent retirement of some members of the management team within the Service.

     

    Read Also : Nigerian Senate President Unveils Bola Tinubu’s Ministerial List (Full List)

     

    The recently constituted management team includes Deputy Comptroller Generals (DCGs) and Assistant Comptroller Generals (ACGs) with the following appointees: DCG FO Okun, DCG MBA Musa, DCG A Hamisu, ACG K Olumoh, ACG AB Mohammed, and ACG A Alajogun.

     

    In a statement released yesterday, Abdullahi Maiwada, the National Public Relations Officer and Chief Superintendent of Customs, made the announcement.

     

    Also Read :Dave Umahi Reacts As Name Appears On President Tinubu’s Ministerial List

     

    According to the statement, the Acting Comptroller General of Customs, Adeniyi, expressed gratitude to the retired members of the management for their commendable service.

     

    He also extended his congratulations to the newly appointed Officers and urged them to intensify their efforts to propel the Service towards higher accomplishments in its core objectives of revenue generation, curbing smuggling, and facilitating trade.

  • You are a disgrace to Islam” – Northern Muslims issue threats to Asisat Oshoala over a shirtless celebration

    You are a disgrace to Islam” – Northern Muslims issue threats to Asisat Oshoala over a shirtless celebration

    Controversy Erupts as Northern Muslims issues threats to Asisat Oshoala’s Shirtless Celebration.

    • Warned to stay off from Northern Nigeria. 

     

    In the ongoing Women’s World Cup tournament in Australia and New Zealand, Nigerian Super Falcons’ star player, Asisat Oshoala, has found herself at the center of a heated debate following her shirtless celebration after a spectacular goal.

     

    The Barcelona forward’s exceptional performance in the 72nd minute, capitalizing on a defensive mix-up, ignited her iconic celebration. However, the decision to remove her jersey during the jubilant moment has elicited mixed reactions, particularly from some members of the Muslim community who question its alignment with Islamic principles.

     

    Asisat Oshoala Biography: husband, Father , Daughters Goals and all you need to know now

     

    The incident has sparked fervent discussions across social media platforms, where fans and critics share contrasting views on Oshoala’s action. While some supporters applauded her remarkable goal and display of skill, others expressed concern over the yellow card she received and its potential implications for the team’s progress in the tournament.

     

    Twitter users from various backgrounds expressed their opinions on the matter:

     

    You are a disgrace to Islam" – Northern Muslims issue threats to Asisat Oshoala over a shirtless celebration

     

    Twitter User @shelter_freedom commented, “Why will you off your shirt Asisat Oshoala and expose your body as a Muslim Woman? Is this not a Sin? We, the Muslim community of Northern Nigeria, hereby cancel you as Agba Baller. @NGSuper_Falcons should drop you.”

     

    Twitter User @ahmed23Fit  ” You are a disgrace to Islam”…

     

    Twitter User @brabyen expressed, “I guess Asisat Oshoala’s action goes against Muslim beliefs. So, I call on all Muslim brothers and sisters to stop celebrating or disown her. As a Muslim, you can either continue to support her or cancel a woman that has no respect for your religious values.”

     

    Twitter User @OOlusore shared, “I’m tempted to ask if Asisat Oshoala is a Muslim because Muslims in Northern Nigeria will love to cancel her because of this picture. Congratulations to Nigeria’s Female National Team. Congratulations AGBA BALLER.”

     

    Twitter User @SkitAwards remarked, “Why in Allah’s name would a Muslim woman be like this in public. It’s not acceptable, Aunty Asisat Oshoala. You can do better.”

     

     

    Asisat Oshoala celebration

     

    The Women’s World Cup, aside from being a celebration of women’s football, has now become a platform for discussions on religious values, personal expression, and cultural diversity. Asisat Oshoala’s celebration, though a moment of joy for many, has ignited an important conversation about respecting individual beliefs within the realm of sports.

     

    As the tournament progresses, it remains to be seen how this incident will impact Asisat Oshoala‘s performance and the team’s dynamics. One thing is certain: the ongoing debate highlights the significance of understanding and accommodating diverse perspectives within the global sporting community.