Ejes Gist News

Month: September 2023

  • Movie Review: Blood and Sorrow by Mercy Johnson-Okojie (full Video Here)

    Movie Review: Blood and Sorrow by Mercy Johnson-Okojie (full Video Here)

    “Blood and Sorrow” is a poignant and emotionally charged film that delves into the painful realities of domestic violence and the resilience of the human spirit. Starring the incredibly talented Mercy Johnson-Okojie in the lead role, this movie offers viewers a gripping and heart-wrenching experience.Blood and Sorrow by Mercy Johnson-Okojie 2

    A Compelling Storyline:

    The film’s central narrative revolves around a wife and mother, portrayed by Mercy Johnson-Okojie, who finds herself trapped in an abusive marriage. Her on-screen husband, played by Zubby Michael, portrays the character of an abusive spouse convincingly, evoking both anger and sympathy from the audience.

    Emotional Depth:

    “Blood and Sorrow” excels in capturing the raw emotions of its characters. Mercy Johnson-Okojie’s portrayal of a woman enduring physical and emotional abuse is both powerful and heartrending. Viewers are taken on an emotional rollercoaster as they witness her character’s journey from despair to resilience.Blood and Sorrow by Mercy Johnson-Okojie 2

    Themes of Sacrifice:

    The film also delves into the sacrifices a woman may make in the name of family and love. It highlights the sacrifices this character endures as she tries to keep her family intact despite the harsh circumstances. The emotional weight of these sacrifices adds depth to the story.

    Production and Direction:

    As a Mercy Johnson Okojie Production, the film maintains a high production standard. Director Don Single Ndubuisi deserves credit for successfully bringing this intense and sensitive subject matter to the screen. The cinematography and pacing of the movie contribute to its overall impact.

    Blood and Sorrow by Mercy Johnson-Okojie 2
    Mercy Johnson-Okojie

    Noteworthy Performances:

    Aside from the exceptional performance by Mercy Johnson-Okojie, Zubby Michael and Pope Odonwodo also deliver commendable acting. Their convincing portrayals of complex characters add authenticity to the storyline.

    Final Thoughts on Blood and Sorrow

    Blood and Sorrow” is not just a movie; it’s a powerful social commentary on the harrowing issue of domestic violence. It sheds light on the pain and suffering that many individuals endure silently. The film’s ability to elicit a range of emotions from its audience is a testament to its storytelling prowess.

    If you’re in search of a thought-provoking and emotionally charged cinematic experience, “Blood and Sorrow” is a must-watch. It serves as a reminder of the strength and resilience that can be found even in the darkest of times.

    You can catch this emotionally impactful movie on Mercy Johnson Okojie TV on YouTube, and prepare to be moved by the powerful performances and compelling storyline.

    Watch Below

    Go and get your copy now!!!

  • Npower Batch D registration: When is Npower registration for 2023 starting

    Npower Batch D registration: When is Npower registration for 2023 starting

    Npower Batch D Registration: What You Need to Know.

    Are you ready to kickstart your career and make a difference in your community? Npower, one of Nigeria’s leading youth empowerment programs, is back with Batch D registration for 2023. If you’re wondering when the registration process begins and what you should expect, you’re in the right place. In this blog post, we’ll provide you with all the essential information you need to get started with Npower Batch D registration.

    When is Npower Registration for 2023 Starting?

    The first question on everyone’s mind is undoubtedly about the registration start date. While Ejes Gist Newspaper don’t have the exact date for the 2023 Batch D registration, Npower typically announces the registration date well in advance. It’s essential to keep an eye on official Npower channels, including their website and social media accounts, for updates. Registrations are known to open periodically, so staying informed is crucial.

    What is Npower?

    Before diving into the registration process, let’s briefly understand what Npower is all about. Npower is an initiative by the Nigerian government aimed at empowering unemployed youths through skill development and job opportunities. It offers various programs in different sectors, including Npower Teach, Npower Agro, Npower Health, Npower Tech, and more. Participants receive training, a monthly stipend, and the opportunity to gain practical experience.

    Who Can Apply for Npower Batch D?

    Npower is typically open to Nigerian citizens between the ages of 18 and 35. Specific eligibility criteria may vary depending on the program, so it’s crucial to review the requirements for your chosen category before applying. Common requirements include educational qualifications, identity documents, and a commitment to participate in the program fully.

    How to Register for Npower Batch D

    Once the registration portal opens, here’s a general overview of what the process usually entails:

    1. Visit the Npower Portal: Go to the official Npower website or follow the provided link for Batch D registration.
    2. Choose Your Program: Select the program category that aligns with your interests and qualifications.
    3. Complete the Application: Fill out the online application form with accurate and up-to-date information. Be sure to double-check all entries before submission.
    4. Upload Required Documents: Scan and upload the necessary documents as specified in the application guidelines. This may include your passport photograph, academic certificates, and identification documents.
    5. Take an Online Test: Depending on the program, you may be required to take an online assessment. Prepare accordingly to increase your chances of success.
    6. Wait for Selection: After the registration window closes, Npower will conduct a thorough screening and selection process. If you meet the criteria, you’ll be shortlisted for the next phase.
    7. Acceptance and Deployment: If selected, you’ll receive an acceptance letter and further instructions. You may undergo training and be deployed to your assigned role.

    Npower login portal 2023 for Batch C – www.npower.gov.ng

    Prepare for Success

    While waiting for the Npower Batch D registration to commence, take the time to research the program categories and identify the one that suits your skills and career goals. Additionally, ensure you have all the required documents readily available to streamline the application process.

     

    Npower Batch D registration, When is Npower registration for 2023 starting

    Stay tuned to official Npower channels for updates, and when registration opens, act promptly to secure your spot. Npower offers a valuable opportunity to enhance your skills, gain practical experience, and contribute to your community. Don’t miss out on this chance to make a positive impact on your future and the future of Nigeria. Good luck!

  • Breaking: Court Sack Another PDP Lawmaker, Orders Rerun

    Breaking: Court Sack Another PDP Lawmaker, Orders Rerun

    The National and State Assembly Election Petitions Tribunal in Enugu has delivered a significant ruling, nullifying the election of Okey Mbah of the Peoples Democratic Party (PDP) as the winner of the March 18 House of Assembly poll for Nkanu East state constituency.

    This decision comes following a petition filed by the Labour Party candidate, Okwudiri Nnaji, challenging the outcome of the election.

    Read Also Breaking: Court dismisses Ovie Omo-Agege’s Petition against Sheriff Oborevwori

    The Independent National Electoral Commission (INEC) had initially declared Okey Mbah as the victor of the election. However, the tribunal’s judgment, delivered on Friday, September 29, cited non-compliance with the provisions of the 2022 electoral act as grounds for nullifying the election.

     

    A three-man panel, led by Honourable Justice Adie Attoe Onyebueke, carefully considered the evidence presented in the petition and found merit in the Labour Party candidate’s claims. In its ruling, the tribunal ordered a rerun election in specific polling units located in Ugbawka and Owo wards.

    Read Also Npower News : Edu Betta Announces Npower Stipends Payment Schedule

    The tribunal pointed out a critical discrepancy in the number of votes returned from these two wards. The total votes recorded exceeded the number of registered and accredited voters in those areas, raising concerns about the validity of the election results as declared by INEC.

    To rectify this irregularity, the tribunal has mandated the electoral umpire, INEC, to conduct a rerun election in the affected polling units within the next 90 days. This decision aims to uphold the integrity of the electoral process and ensure that the voice of the people in Nkanu East state constituency is accurately reflected.

    Pay attention to Video: Those Who Voted for Tinubu Are Mad, Need Psychiatric Care – Popular Islamic Cleric

    The ruling serves as a reminder of the importance of transparency and adherence to electoral laws in Nigeria’s democratic system. As preparations for the rerun election get underway, all eyes will be on Nkanu East state constituency, where voters will have another opportunity to exercise their democratic right and choose their representative in the House of Assembly.

  • Ovie Omo-Agege reacts as court affirms Oborevwori’s Victory

    Ovie Omo-Agege reacts as court affirms Oborevwori’s Victory

    Senator Ovie Omo-Agege to Appeal Tribunal’s Decision on Delta State Governorship Election.

    Following the verdict of the governorship election tribunal in Delta State, Senator Ovie Omo-Agege, the gubernatorial candidate of the All Progressives Congress (APC) and former Deputy President of the Senate, has announced his intention to appeal the tribunal’s decision. The tribunal upheld the election of Rt. Hon. Sheriff Oborevwori as the governor of Delta State.

    Read Also Breaking: Court dismisses Ovie Omo-Agege’s Petition against Sheriff Oborevwori

    In a statement released by his Media Adviser, Sunny Areh, Senator Omo-Agege expressed his dissatisfaction with the tribunal’s judgment, citing fundamental flaws in the March 18, 2023 governorship election that, in his view, cast doubt on the validity of the Peoples Democratic Party’s (PDP) victory.

    “It is a no-brainer that the Tribunal operated under a very challenging environment,” Senator Omo-Agege remarked. It, therefore, ignored the unassailable evidence adduced to question the validity of lawful votes as declared by the Independent National Electoral Commission (INEC). I respect the decision of the Tribunal, but it is flawed. I have no doubt that these flaws, which the Tribunal failed to address, will be dispassionately evaluated at the Court of Appeal. I have, therefore, directed my legal team to immediately proceed to the Court of Appeal and continue with the fight to restore the sanctity of the people’s vote.”

    The decision to appeal the tribunal’s verdict highlights Senator Omo-Agege’s commitment to pursuing legal avenues to address what he believes to be irregularities in the governorship election process. It sets the stage for a legal battle that will determine the final outcome of the election.

    As the appeal process unfolds, political observers and the people of Delta State will be closely watching to see how the courts address the concerns raised by Senator Omo-Agege and whether they will have an impact on the ultimate determination of the state’s leadership.

  • Breaking: Court dismisses Ovie Omo-Agege’s Petition against Sheriff Oborevwori

    Breaking: Court dismisses Ovie Omo-Agege’s Petition against Sheriff Oborevwori

    Delta Gubernatorial Tribunal: Gov. Oborevwori Triumphs as Omo-Agege’s Petition is Dismissed.

     

    Delta State, Nigeria:  The Governorship Election Tribunal has handed down its judgment, dismissing the petition brought forth by the Governorship Candidate of the All Progressives Congress (APC), Senator Ovie Omo-Agege. The tribunal’s decision upholds the victory of Governor Sheriff Oborevwori of the Peoples Democratic Party (PDP) in the Delta State gubernatorial election.

    Read Also Tinubu’s Minister Hospitalized Due to Poisoning, Fighting for Life in Abuja

    The three-man panel responsible for this decision cited “lack of merit” as the primary reason for the dismissal of Senator Omo-Agege’s petition. The tribunal’s ruling effectively puts an end to the legal challenge against Governor Oborevwori’s election.

    The Delta State gubernatorial election had been closely watched by both political pundits and the public, with Senator Omo-Agege seeking to contest the outcome based on what he believed were irregularities in the electoral process. However, the tribunal’s verdict now confirms Governor Oborevwori’s victory and solidifies his position as the leader of Delta State.

    Video: Those Who Voted for Tinubu Are Mad, Need Psychiatric Care – Popular Islamic Cleric

    As this breaking news unfolds, more details regarding the tribunal’s judgment are expected to emerge. This decision marks a critical juncture in the state’s political landscape and will undoubtedly shape the direction of Delta State’s governance in the foreseeable future.

  • Npower News : Edu Betta Announces Npower Stipends Payment Schedule

    Npower News : Edu Betta Announces Npower Stipends Payment Schedule

    Minister of Humanitarian Affairs, Dr. Betta Edu, Announces Stipend Payment Schedule.

     

    Abuja, Nigeria – The Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, has revealed the schedule for the disbursement of stipends to beneficiaries of various government programs. During her appearance on Arise TV’s “The Morning Show,” Dr. Edu emphasized the importance of proper beneficiary verification before initiating the payment process.

    Clearing Up the NPower Stipend Distribution Process

    Dr. Edu addressed the issue of stipend payments to beneficiaries, underlining the necessity of a stringent verification process. She explained that payments would only be made to those beneficiaries who meet the eligibility criteria and pass the verification procedures.

    Betta Edu Narrates Story Behind Unpaid Npower Stipends and Nexit Package

    It is crucial that we ensure that only qualified beneficiaries receive these stipends,” Dr. Edu stated. “There have been cases where individuals who are not supposed to be on the payroll have been included, and some beneficiaries have already exited the program but are still seeking Npower exit packages.”

    Transparent and Accountable Distribution

    The Minister’s comments reflect the government’s commitment to maintaining transparency and accountability in the distribution of stipends to program beneficiaries. By conducting thorough verifications, the authorities aim to prevent fraudulent claims and ensure that funds are allocated to those genuinely in need.

    Dr. Edu’s announcement comes as part of the government’s ongoing efforts to streamline social intervention programs and optimize their impact on poverty alleviation and humanitarian support.

    The Stipend Payment Timeline

    While specific dates for stipend disbursements were not provided during her appearance on Arise TV, Dr. Edu’s announcement serves as a reassurance to beneficiaries that their stipends are forthcoming. The government is working diligently to ensure that all eligible beneficiaries receive their entitled stipends in a timely and efficient manner.

    Aiming for Efficient Delivery of Benefits

    The Minister of Humanitarian Affairs and Poverty Alleviation’s commitment to efficient delivery of benefits underscores the government’s resolve to tackle poverty and provide support to vulnerable members of society. By conducting verifications and addressing issues related to eligibility and exit packages, the government aims to enhance the overall effectiveness of its social intervention programs.

    As beneficiaries await further details regarding the stipend payment schedule, Dr. Betta Edu’s announcement serves as a testament to the government’s dedication to the welfare of its citizens. The government remains steadfast in its mission to alleviate poverty and improve the quality of life for Nigerians through these essential programs

  • Tinubu’s Minister Hospitalized Due to Poisoning, Fighting for Life in Abuja

    Tinubu’s Minister Hospitalized Due to Poisoning, Fighting for Life in Abuja

    Abuja, Nigeria – In a shocking turn of events, Nigerian Tourism Minister Lola Ade-John, a prominent figure in President Bola Tinubu’s administration, has been hospitalized in Abuja after experiencing severe poisoning symptoms. The incident has raised numerous questions, with authorities yet to provide clarity on the circumstances surrounding this alarming case.

    Hospitalization and Mysterious Poisoning

    Lola Ade-John, a seasoned banker and tech investor, was rushed to the Federal Medical Centre in Jabi when her health took a dramatic and troubling turn. Family sources close to her situation reported that she displayed symptoms consistent with acute poisoning, leading to her admission to the hospital. As of the latest update, she has spent four days in a critical condition, relying on a breathing machine to assist her respiration.

    Read Also Video: Those Who Voted for Tinubu Are Mad, Need Psychiatric Care – Popular Islamic Cleric

    The precise nature of the toxic substance she ingested and the events leading up to her poisoning remain shrouded in mystery. Despite the gravity of the situation, both the police and the State Security Service have not confirmed any ongoing investigations into the matter.

    Family Disagreements on Medical Treatment

    The deteriorating health of Minister Ade-John has also sparked a dispute within her family regarding the choice of medical facility for her treatment. Ngozi Onwudike, the permanent secretary of her ministry, advocated for her continued treatment at the Federal Medical Centre, citing cost-effectiveness as a key factor. In contrast, the family pushed for her transfer to a better-equipped private medical facility in the downtown area. Unfortunately, financial constraints prevented the family from pursuing the latter option.

    Lola Ade-John

    Efforts to obtain comments from the permanent secretary and the Federal Medical Centre’s spokesperson regarding Ms Ade-John’s condition have thus far proven unsuccessful.

    A Minister of Unconventional Background

    Lola Ade-John’s appointment as a minister by President Bola Tinubu in August had already attracted attention due to her non-traditional political background. Having spent years residing in London, her return to Nigeria to serve in President Tinubu’s administration marked a significant shift in her career.

    Unanswered Questions and Concerns

    As Lola Ade-John continues to fight for her life, the lack of information surrounding her poisoning has raised serious questions about the safety of public officials in Nigeria. The mysterious circumstances of this incident have cast a shadow over her promising tenure as a minister, leaving the nation eager for answers and hoping for her swift

  • Video: Those Who Voted for Tinubu Are Mad, Need Psychiatric Care – Popular Islamic Cleric

    Video: Those Who Voted for Tinubu Are Mad, Need Psychiatric Care – Popular Islamic Cleric

    Controversial Video Emerges of Islamic Cleric’s Comments on Tinubu.

    In a video that has recently gone viral, a prominent Islamic cleric has stirred controversy with his comments in the Hausa language regarding the choices made by voters in the succession of former Nigerian President Muhammadu Buhari. The cleric, whose name has not been disclosed, made alarming statements about those who supported the candidacy of Bola Tinubu, calling for them to be taken to a psychiatric ward.

    Read Also Dollar to Naira CBN and Bank Rate Today September 29, 2023

    The video, which has been widely shared on social media platforms, shows the cleric expressing his views on the voting patterns in Nigeria’s recent elections. He made a distinction between those who voted for President Buhari during his first and second terms and those who supported Bola Tinubu’s presidential bid.

    The person that voted for Buhari the first time made a mistake,” the cleric stated. “The one who voted for him the second time did so deliberately. But the one who voted for the person who succeeded Buhari is mad and needs to be taken to the psychiatric ward.”

    Read Also Dollar to Naira Today Black Market Sep 29 2023: Abokifx Dollar Rate Today

    These remarks have sparked a heated debate across the country, with various groups and individuals condemning the cleric’s comments as divisive and inflammatory. Political analysts and commentators have also weighed in, emphasizing the importance of respectful and constructive political discourse.

    Nigeria, a diverse and multi-ethnic nation, has a long history of passionate political engagement. However, these comments highlight the need for responsible and respectful dialogue in the country’s political landscape, especially as the 2023 elections draw nearer.

    Read Also EFCC warns of fake dollars in circulation

    Leaders from various religious and political backgrounds have called for tolerance and understanding among Nigerians, emphasizing the importance of unity in a country facing numerous challenges, including security concerns, economic issues, and social disparities.

    Watch the video here

    It remains to be seen how this controversy will impact public opinion and discussions surrounding the upcoming elections. As the nation prepares for another crucial political transition, it is essential for all citizens to engage in dialogue that fosters unity and progress, rather than division and animosity.

  • Dollar to Naira CBN and Bank Rate Today September 29, 2023

    Dollar to Naira CBN and Bank Rate Today September 29, 2023

    Dollar to Naira CBN and Bank Rate Today September 29, 2023

    The Nigerian naira has been under pressure in recent months due to the decline in oil prices and the scarcity of foreign exchange. The naira has depreciated significantly against the US dollar in both the official and parallel markets, creating a wide gap between the two rates.

     

    In this blog post, we will look at the current exchange rates of the dollar to naira in the Central Bank of Nigeria (CBN) and bank markets, as well as the factors affecting them. We will also compare them with the black market rate, which is often used as a benchmark by many Nigerians.

    What is the Dollar to Naira CBN exchange rate?

    The CBN exchange rate is the official rate at which the CBN sells and buys foreign currencies from authorized dealers, such as banks and bureaux de change (BDCs). The CBN regulates the supply and demand of foreign exchange in the country through various policies and interventions.

     

    According to the CBN website, the exchange rate of the dollar to naira as of September 29, 2023 was:

    • Buying: 778.10 NGN for $1
    • Selling: 779.10 NGN for $1

    This means that the CBN sells one US dollar for 779.10 naira and buys one US dollar for 778.10 naira from authorized dealers.

     

    What is the Dollar to Naira bank exchange rate?

     

    The bank exchange rate is the rate at which banks sell and buy foreign currencies from their customers. Banks are authorized dealers of foreign exchange and they source their forex from the CBN or other sources, such as remittances, exports, and investments.

     

    The bank exchange rate may vary from one bank to another, depending on their forex availability, demand, and profit margin. However, banks are expected to comply with the CBN’s guidelines and regulations on forex transactions.

     

    According to Investors King, a digital business news platform, the average bank exchange rate of the dollar to naira as of September 29, 2023 was:

    • Buying: 790 NGN for $1
    • Selling: 782.20 NGN for $1

     

    This means that banks sell one US dollar for 782.20 naira and buy one US dollar for 790 naira from their customers.

     

    How does the CBN and bank rate compare with the black market rate?

     

    The black market rate is the rate at which unofficial dealers, such as street vendors and online platforms, sell and buy foreign currencies from their customers. The black market rate is often influenced by speculation, hoarding, panic buying, and other factors that are not regulated by the CBN.

     

    The black market rate is usually higher than the CBN and bank rate, creating a gap that reflects the scarcity and volatility of forex in the country. Many Nigerians prefer to use the black market rate as a reference because it is more accessible and realistic than the official rate.

    Read Also: How to buy or sell dollars in Nigeria

     

    According to Investors King, the black market exchange rate of the dollar to naira as of September 29, 2023 was:

    • Buying: 995 NGN for $1
    • Selling: 1000 NGN for $1

    This means that black market dealers sell one US dollar for 1000 naira and buy one US dollar for 995 naira from their customers.

     

    What are the factors affecting the exchange rate of the dollar to naira?

     

    The exchange rate of the dollar to naira is affected by various factors, both internal and external. Some of these factors are:

     

    Oil prices: Nigeria is an oil-dependent economy that relies on oil exports for most of its foreign exchange earnings. A fall in oil prices reduces Nigeria’s forex inflow and affects its balance of payments.

    Forex demand: Nigeria has a high demand for forex to import goods and services, pay debts, repatriate profits, and meet other obligations. The demand for forex often exceeds the supply, creating pressure on the naira.

    Forex supply: Nigeria has a limited supply of forex from its oil exports, non-oil exports, remittances, investments, loans, and reserves. The supply of forex is often affected by external shocks, such as oil price fluctuations, global economic slowdowns, sanctions, and currency wars.

    CBN policies: The CBN implements various policies and interventions to manage the exchange rate of the naira and ensure stability in the forex market. Some of these policies include the multiple exchange rate system, the forex ban list, the forex allocation system, the forex intervention program, and the forex futures market.

    Market sentiments: The exchange rate of the naira is also influenced by market sentiments, such as expectations, confidence, speculation, rumors, and emotions. Market sentiments can affect the demand and supply of forex, as well as the behavior of forex dealers and customers.

    Final Notes on Dollar to Naira exchange rate today

    The exchange rate of the dollar to naira is a key indicator of Nigeria’s economic performance and stability. The exchange rate is determined by various factors, such as oil prices, COVID-19 pandemic, forex demand, forex supply, CBN policies, and market sentiments.

     

    The exchange rate varies across different markets, such as the CBN, bank, and black market. The CBN and bank rate are the official rates that are regulated by the CBN, while the black market rate is the unofficial rate that is determined by market forces.

     

    As of September 29, 2023, the CBN exchange rate of the dollar to naira was 779.10 NGN for $1, the bank exchange rate was 782.20

    NGN for $1, and the black market rate was 1000 NGN for $1.

  • Dollar to Naira Today Black Market Sep 29 2023: Abokifx Dollar Rate Today

    Dollar to Naira Today Black Market Sep 29 2023: Abokifx Dollar Rate Today

    Dollar to Naira Today Black Market Sep 28 2023: Abokifx Dollar Rate Today.

     

    The Nigerian naira has continued to depreciate against the US dollar in the black market, also known as the parallel market, where unofficial dealers trade foreign currencies. The black market rate is often used as a benchmark by many Nigerians because it is more accessible and realistic than the official rate.

    What is the Dollar to Naira Today Black Market Rate?

    According to bureaux de change (BDCs) operators, the black market exchange rate of the dollar to naira as of September 28, 2023 is as follows:

     

    • Buying: 997 NGN for $1
    • Selling: 1005 NGN for $1

     

    This means that black market dealers sell one US dollar for 1005 naira and buy one US dollar for 997 naira from their customers.

     

    The black market rate is much higher than the official rate set by the Central Bank of Nigeria (CBN) and the bank rate offered by authorized dealers, such as banks and bureaux de change (BDCs).

     

    According to our reporter the CBN exchange rate of the dollar to naira as of September 28, 2023 was:

     

    • Buying: 777.602 NGN for $1
    • Selling: 778.602 NGN for $1

     

    This means that the CBN sells one US dollar for 778.602 naira and buys one US dollar for 777.602 naira from authorized dealers.

     

    According to available data, the average bank exchange rate of the dollar to naira as of September 28, 2023 was:

     

    • Buying: 790 NGN for $1
    • Selling: 782.20 NGN for $1

     

    This means that banks sell one US dollar for 782.20 naira and buy one US dollar for 790 naira from their customers.

    Why is the Naira Depreciating Against the Dollar?

    The gap between the black market rate and the official rate reflects the scarcity and volatility of foreign exchange in Nigeria, which is caused by various factors, such as:

     

    Oil prices: Nigeria is an oildependent economy that relies on oil exports for most of its foreign exchange earnings. A fall in oil prices reduces Nigeria’s forex inflow and affects its balance of payments.

    Forex demand: Nigeria has a high demand for forex to import goods and services, pay debts, repatriate profits, and meet other obligations. The demand for forex often exceeds the supply, creating pressure on the naira.

    Forex supply: Nigeria has a limited supply of forex from its oil exports, nonoil exports, remittances, investments, loans, and reserves. The supply of forex is often affected by external shocks, such as oil price fluctuations, global economic slowdowns, sanctions, and currency wars.

    Dollar to Naira CBN and Bank Rate Today September 28, 2023

    CBN policies: The CBN implements various policies and interventions to manage the exchange rate of the naira and ensure stability in the forex market. Some of these policies include the multiple exchange rate system, the forex ban list, the forex allocation system, the forex intervention program, and the forex futures market.

    Market sentiments: The exchange rate of the naira is also influenced by market sentiments, such as expectations, confidence, speculation, rumors, and emotions. Market sentiments can affect the demand and supply of forex, as well as the behavior of forex dealers and customers.

     

    The exchange rate of the dollar to naira is a key indicator of Nigeria’s economic performance and stability. The exchange rate varies across different markets, such as the CBN, bank, and black market. The CBN and bank rate are the official rates that are regulated by the CBN, while the black market rate is the unofficial rate that is determined by market forces.

     

    As of September 28, 2023, the CBN exchange rate of the dollar to naira was 778.602 NGN for $1, the bank exchange rate was 782.20 NGN for $1, and the black market rate was 1005 NGN for $1.

  • EFCC warns of fake dollars in circulation

    EFCC warns of fake dollars in circulation

    The Economic and Financial Crimes Commission (EFCC) has raised an alarm over the increasing circulation of fake dollars and the prevalence of cyber crimes in the Benue axis.

    The acting chairman of the EFCC, Abdulkarim Chukkol, made this known on Thursday in Makurdi, the capital of Benue state, during a workshop on ‘Effective Reporting of Economic and Financial Crimes’.

    Read Also Police Arrests Sam Larry over death of Mohbad

    The workshop, which was attended by 30 journalists from major media organisations in the country, was aimed at enhancing the capacity of the media to report on corruption and financial crimes.

    Mr Chukkol said the EFCC had taken measures to address the situation of fake dollars and cyber crimes, which he described as a threat to the economy and security of the country.

    He said the EFCC had recovered several billions of naira from corrupt individuals and organisations, and strengthened the anti-money laundering framework in the country.

    Read Also APM Asks Supreme Court To Nullify Bola Tinubu’s Victory

    He also said the EFCC had recorded 3,785 convictions in 2022, the highest since its inception.

    He urged the media to educate the public on the dangers of disclosing their bank details to anyone, or allowing their accounts to be used for illegal transactions.

    He said such acts could expose them to money laundering charges, as well as endanger their lives and property.

    He also said that under the Money Laundering Act 2022, family members and close associates of politicians and public officeholders, including top civil servants, are now classified as politically exposed persons (PEPs).

    He said the EFCC would not spare anyone who steals from the public treasury or aids and abets corruption, regardless of their status or affiliation.

    He said ignorance of the law would not be an excuse for anyone who violates it.

    He appealed to the media to support the EFCC in its fight against corruption and financial crimes, by reporting objectively and accurately.

    He assured them of the EFCC’s cooperation and protection.

    (NAN)

  • Police Arrests Sam Larry over death of Mohbad

    Police Arrests Sam Larry over death of Mohbad

    Balogun Eletu, also known as Sam Larry, a controversial Lagos socialite, has been arrested by the Lagos State Police Command in connection with the ongoing investigation into the death of singer Ilerioluwa Aloba, popularly known as Mohbad. The arrest was confirmed by SP Benjamin Hundeyin, the Public Relations Officer of the Lagos State Police Command.

    Read Also Nigerian President’s Chicago State University Diploma is a Fake – Coyden Palmer, former CSU student reporter

    According to reports, the police had previously invited Sam Larry and singer Azeez Fashola, also known as Naira Marley, for questioning regarding Mohbad’s demise. The police have also confirmed that pathologists have completed the autopsy on Mohbad and are awaiting the results.

    This recent development follows the exhumation of Mohbad’s body by a combined team of the Nigeria Police Force and health officials. The nurse who allegedly administered an injection to the deceased singer before his passing on Tuesday, September 12, has also been arrested.

    The investigation into the circumstances surrounding Mohbad’s death is ongoing, and Sam Larry is currently in police custody assisting with the investigation.

  • APM Asks Supreme Court To Nullify Bola Tinubu’s Victory

    APM Asks Supreme Court To Nullify Bola Tinubu’s Victory

    Supreme Court Faces Challenge as APM Files Appeal to Nullify President Bola Tinubu’s Victory.

     

    The Allied Peoples Movement (APM) has taken a bold step by filing a compelling appeal before the Supreme Court of Nigeria. The appeal, consisting of 10 critical grounds, challenges the recent decision of the Presidential Election Petition Court (PEPC) and seeks to nullify the election victory of President-elect Bola Tinubu.

    Read Also Confusion as Sacked Uba Sani Claims Victory In Kaduna Tribunal Ruling

    Chukwuma-Machukwu Ume, the newly appointed counsel for APM, filed the notice of appeal, alleging multiple errors in law in the judgment rendered by the PEPC. At the heart of APM’s argument is the assertion that Sections 131 and 142(1) of the 1999 Constitution are inseparable and cannot be treated as mere pre-election matters. These sections, according to APM, lay down the qualifications required for anyone aspiring to the presidency.

    APM’s petition goes beyond questioning President Tinubu’s nomination; it contends that he ran for the presidential election without a lawful running mate.

    Read Also Nigerian President’s Chicago State University Diploma is a Fake – Coyden Palmer, former CSU student reporter

    This claim is supported by the withdrawal of Ibrahim Kabir Masari and the subsequent expiration of the 14-day window for changing, withdrawing, or replacing candidates, as stipulated in Section 33 of the Electoral Act 2022. APM argues that these factors render Tinubu’s election invalid.

    In a crucial point, APM accuses the PEPC of neglecting its duty and jurisdiction in addressing the core issue of whether President Bola Ahmed Tinubu and Kashim Shettima were “validly elected” as President and Vice President, as required by Section 239(1) of the Constitution of the Federal Republic of Nigeria 1999 (as amended). APM emphasizes that the definition of “validly elected” encompasses the qualifications and disqualifications specified in the Constitution.

    Read Also Elnora Daniel, Niva Lubin joined Chicago University decades after Tinubu ‘graduated’ in 1979, couldn’t have signed his certificate, Atiku tells court.

    APM alleges that the lower court’s approach was to sidestep the weighty matter of valid election qualifications by treating it as a technical pre-election issue. As a remedy, APM beseeches the Supreme Court to uphold their appeal, asserting that Tinubu was not qualified to run as the presidential candidate of the All Progressive Congress (APC), as he violated Section 142(1) of the Constitution.

    Additionally, the party seeks a declaration that the Independent National Electoral Commission’s (INEC) announcement of Tinubu as the President-elect is null and void, lacking any legal effect. APM’s argument extends to the withdrawal of Kabir Masari as the Vice Presidential candidate for Tinubu, which they assert resulted in the automatic invalidation of the APC candidate.

    APM concludes its appeal by requesting an order that nullifies all votes received by the APC in the presidential election held on February 25. They further call for INEC to declare the candidate with the second-highest vote count as the winner of the presidential election.

    This appeal now sets the stage for a critical legal battle in Nigeria’s highest court, with potential far-reaching consequences for the nation’s political landscape. The Supreme Court will undoubtedly be closely watched as it deliberates on this complex and contentious matter.

  • Confusion as Uba Sani Claims Victory In Kaduna Tribunal Ruling

    Confusion as Uba Sani Claims Victory In Kaduna Tribunal Ruling

    In the wake of the highly anticipated tribunal ruling regarding the 2023 governorship election in Kaduna State, Governor Uba Sani has expressed his satisfaction with the outcome. In a personal statement released on Thursday, Governor Sani hailed the tribunal’s decision as a resounding affirmation of the overwhelming mandate bestowed upon him by the people of Kaduna State.

    Contrary to earlier reports circulating in various media outlets, Governor Sani declared unequivocally that he emerged victorious from the tribunal’s ruling. This clarification comes in response to previous claims that the tribunal had deemed the election inconclusive, ordering a rerun.

    Read Also Nigerian President’s Chicago State University Diploma is a Fake – Coyden Palmer, former CSU student reporter

    Governor Uba Sani, speaking through a statement published on his official X account, conveyed that this victory rightfully belongs to the people of Kaduna State. He extended a hand of unity and cooperation to candidates representing other political parties, inviting them to join forces in advancing the progress of Kaduna State.

    The full text of Governor Uba Sani’s statement is as follows:

    THE KADUNA ELECTION PETITION TRIBUNAL JUDGEMENT IS A CLEAR AFFIRMATION OF THE POPULAR MANDATE GIVEN TO ME BY THE PEOPLE OF KADUNA STATE

    I am extremely delighted and humbled by the ruling of the Election Petition Tribunal affirming my victory in the 2023 Kaduna State Governorship Elections. The judgement is an unequivocal affirmation of the popular mandate graciously given to me by the good people of Kaduna State. I commend the Tribunal for their thoroughness and lucidity. They have enriched our jurisprudence and practice of electoral democracy.

    Confusion As Uba Sani Claims Victory In Kaduna Tribunal Ruling

    Read Also Elnora Daniel, Niva Lubin joined Chicago University decades after Tinubu ‘graduated’ in 1979, couldn’t have signed his certificate, Atiku tells court.

    I also commend my dear brother, Hon. Isah Ashiru Kudan for approaching the Tribunal to ventilate his grievances. This is a clear demonstration of his belief in the principles of democracy and the imperative of civility in the conduct of political actors.

    I call on Hon. Isah Ashiru and members of the opposition parties in Kaduna State to join hands with us as we strive to move our dear state to a higher level. We are all stakeholders in PROJECT KADUNA. It is not about personal glory. Our people want all hands to be on deck to address the myriad challenges confronting the state. If political actors are united, a clear signal will be sent to our people that the quest for peace, security, progress and development of our state are the driving forces of our participation in politics.

    Pay attention FG declares Monday Public Holiday to Mark Her 63rd Independence Anniversary.

    I call on our party faithful to moderate their celebration of this victory. They must individually and collectively extend an olive branch to our brothers and sisters in other political parties. Instead of celebrating, we should bow down in prayers to the Almighty God for His continued guidance and protection. Let us focus on the tasks ahead.

    Senator Uba Sani,
    Governor, Kaduna State.
    September 28th, 2023

  • Nigerian President’s Chicago State University Diploma is a Fake – Coyden Palmer, former CSU student reporter

    Nigerian President’s Chicago State University Diploma is a Fake – Coyden Palmer, former CSU student reporter

    By  J. Coyden Palmer

    I gotta admit. This one story shows the level of corruption in Nigeria and it makes you cry and laugh at the same time. The President of Nigeria Bola Tinubu, produced a p to an election board in Nigeria that claims he graduated from the South Side institution in 1979.

    CSU officials have confirmed in court that Tinubu did indeed graduate from the university, but cannot confirm the authenticity of the diploma that has now been submitted into evidence in a federal court. U.S. District Judge Nancy Maldonado on Thursday issued a stay on an order that would have required CSU officials to provide documents from the University confirming or denying President Tinubu’s claims.

     

    The matter has thrusted CSU into an international political war, in which political opponents of Tinubu and many Nigerian citizens are calling for his removal from office. He was just elected to lead the country back in February.

    Tinubu's Result from Chicago State University submitted to INEC
    This diploma from Nigerian President Bola A. Tinubu is what was turned over to election officials in Nigeria and is now the subject of judicial proceedings here in the United States. Tinubu’s opponent, Atiku Abubakar has filed suit in the U.S. seeking clarification on its authenticity and is attempting to have the results of the election that was held in February overturned.

    Nigerian President’s Chicago State University Diploma is a Fake

    Let me make this easy for you. The diploma itself is a fake. On the alleged diploma, the date of graduation is listed as June 27, 1979. The signature of the CSU president shows Elnora D. Daniel. I almost spit out my coffee I laughed so hard when I saw this. Dr. Daniel didn’t become the president of Chicago State until 1998. How do I know? Because I covered her inauguration and her first two years at Chicago State when I was a student reporter for the now defunct school newspaper TEMPO. Additionally, on the fake diploma, Dr. Niva Lubin is listed as the President of the Board of Trustees. Dr. Lubin did not even start serving on the board until 1996. I’ve known Dr. Lubin since my days as student at CSU and she is a lifelong resident of Chatham where I grew up.

    Dr. Benjamin H. Alexander was an activist and educator who served as the President of Chicago State University from 1975-1982.
    Dr. Benjamin H. Alexander was an activist and educator who served as the President of Chicago State University from 1975-1982.

    Furthermore, in 1979, Dr. Daniel was working as a teaching assistant at Columbia University, according to her biography and the resume she submitted when she applied to become the president of Chicago State in 1998. Now 81, retired and living on the east coast, I’d love to know her reaction to the news that the President of Nigeria who is 71 himself claims she signed his diploma. The president of CSU in1979 was actually Dr. Benjamin H. Alexander, who died in 1997 and was the first African American to serve in that role at CSU.

    In 1979, Dr. Lubin, now married and going by the name Lubin-Johnson, well she wasn’t even a doctor in 1979. She didn’t become a physician until 1984. So how two signatures of people who were not working at CSU came to be on a document that the president of Nigeria is trying to sell as legit isn’t really a mystery. It is a lie. It is deceit. It is part of what is ruining many African nations and the world as a whole; corruption.

    Elnora Daniel, Niva Lubin joined Chicago University decades after Tinubu ‘graduated’ in 1979, couldn’t have signed his certificate, Atiku tells court.

    Other inaccuracies on the fake diploma that can easily be spotted by anyone who ever attended CSU, the University logo is all wrong for that time period. Again, I know this because the logo on the fake diploma is the one that was controversial when it was changed in 1999. Myself and my fellow student journalists at TEMPO wrote a story about the change in the school symbol because those against it said it was a waste of money. They claimed changing all the school letterhead and signage to the new symbol would remove financial resources from other needs.

    Read Also

    President Daniel thought the change would be better marketing for the University so the change was approved by the Board. The University symbol in 1979 was a triangle with two bars. The bars represent the growth of the institution, starting as Chicago Teachers College, then Chicago State College (1967) and eventually Chicago State University (1971). I know this because I had to read that stupid handbook like all freshmen and you learn about the history of the school.

    CSU attorney Michael Hayes said the University is prepared to do whatever the court asks of it. He said this international controversy has brought unwanted and unfair publicity to the school. I would debate that claim as CSU does enough stupid stuff that brings bad publicity to itself. However, I must admit, for now at least, it seems that CSU is a victim here of a Nigerian scammer. It wouldn’t be the first time an American institution fell victim to scammers in Africa.

    President Tinubu Breaks Silence on Gabon Coup d'État
    Nigerian President Bola Tinubu is in the middle of a scandal that has involved Chicago State University.

    The end is possibly near for President Tinubu, at least in terms of his presidency, if justice actually prevails in Nigeria. When Judge Maldonado makes her ruling next week, in which it is expected that CSU will turnover documents that shows his true student records, the courts in Nigeria will have a decision to make.

     

    They either remove their leader for violating laws in Nigeria or look the other way. I hope they understand the whole world will be watching too. Especially at CSU. Nigerians and everyone else deserve the truth. If Tinubu is willing to fake a diploma, what else is he willing to do?

    Who is Coyden Palmer?

    J. Coyden Palmer is a two-time NNPA award-winning journalist and host of the SportsZone Chicago podcast, “What’s Up Cuz?!” with Lance C. Irvin. Born and raised in the Chatham community on the South Side of Chicago, his work has appeared in Citizen, Crusader and The Final Call newspapers, in addition to Referee and The Crisis magazines.

    Source : jcoydenreports.com

  • Elnora Daniel, Niva Lubin joined Chicago University decades after Tinubu ‘graduated’ in 1979, couldn’t have signed his certificate, Atiku tells court.

    Elnora Daniel, Niva Lubin joined Chicago University decades after Tinubu ‘graduated’ in 1979, couldn’t have signed his certificate, Atiku tells court.

    Atiku Questions Authenticity of Tinubu’s 1979 University Certificate Signatures

    In a stunning revelation, former Vice-President Atiku Abubakar has cast doubt on the authenticity of Bola Tinubu’s 1979 Chicago State University (CSU) certificate, claiming that the signatures on it could not have been genuine. Atiku alleges that Elnora Daniel and Niva Lubin, whose names appear on the certificate, were not part of CSU when Tinubu graduated in 1979.

    Mr. Abubakar, who was the first runner-up in the February 25 presidential poll, is using this document to challenge Mr. Tinubu’s eligibility to hold the office of Nigeria’s president. The controversy surrounding Tinubu’s CSU records has been a focal point in Nigerian politics.

    Atiku argued that it was impossible for Elnora Daniel and Niva Lubin to have signed Bola Tinubu’s 1979 CSU certificate because they didn’t start working at the institution until 1998 and 1996, respectively. He presented his case before the U.S. Court for the Northern District of Illinois.

    The former Vice-President pointed out glaring inconsistencies between the certificate Tinubu submitted to Nigeria’s electoral body, INEC, dated June 22, 1979, and another certificate given to Nigerian lawyer Mike Enahoro-Ebah in response to a subpoena, dated June 27, 1979. He claimed that the June 22 diploma had a different font, seal, and lacked a grammatical error present in the June 27 diploma. Additionally, the June 22 diploma had only two signatures instead of three.

    Angela Liu, counsel for Mr. Abubakar, raised questions about the authenticity of the signatures. She noted that the certificate listed Dr. Daniel as President of CSU, even though she didn’t begin working there until 1998. Similarly, the second signature purported to be that of Dr. Niva Lubin, whose legal name is Niva Lubin-Johnson, but it was listed as Niva Lubin on Tinubu’s certificate. Ms. Lubin-Johnson had joined the CSU board in 1996.

    Peoples Gazette’s investigation confirmed that both Dr. Daniel and Dr. Lubin joined CSU after Tinubu graduated, and it was customary for the incumbent president and board chair to sign certificates at the time of request. These revelations raised doubts about the authenticity of the certificate, suggesting potential forgery.

    Ms. Liu asserted that the June 22 diploma displayed signs of forgery, including illegible signatures and grammatical errors. She also highlighted that both Dr. Daniel and Dr. Lubin had left CSU by 2008 and 2001, respectively, despite claims that they signed the certificate.

    In an attempt to delay the release of his school records, Tinubu pleaded with Judge Nancy Maldonado, citing severe and irreparable damage to his life. This was a last-ditch effort to prevent the order from being enforced. Atiku intends to use this document in his case at the Supreme Court of Nigeria to prove that Tinubu committed perjury and is ineligible to serve as the nation’s president.

    The authenticity of Tinubu’s 1979 CSU certificate remains a contentious issue that could have significant implications for Nigerian politics.

  • FG declares Monday Public Holiday to Mark Her 63rd Independence Anniversary.

    FG declares Monday Public Holiday to Mark Her 63rd Independence Anniversary.

    The Federal Government of Nigeria has declared Monday, October 2, 2023, as a public holiday for the commemoration of Nigeria’s 63rd Independence anniversary.

    The Minister of Interior, Dr. Olubunmi Tunji-Ojo, announced this on behalf of the Federal Government on Thursday, September 28, 2023, in a statement by his ministry’s Permanent Secretary, Oluwatoyin Akinlade.

    The Minister of Interior , Dr. Olubunmi Tunji-Ojo said President Bola Ahmed Tinubu is concern and committed to solving the challenges facing the country.

    “It is today a known fact that difficult socio-economic and security challenges are global, and Nigeria is not isolated.

    “The Government is daily making efforts to confront these numerous challenges with all the might available until respite comes our way,” the statement quoted him as saying.

    “Our warm welcoming spirit and love as well as our unbounded human capital and the richness of our land makes Nigeria unarguably the leading black Nation in the World being Africa’s pride and beacon of hope for the Renewed Hope of President Bola Ahmed Tinubu, GCFR.

    “While wishing the citizens a memorable independence celebration, the Minister recalled that our founding fathers, irrespective of the differences in faith, tribe and tongue, came together for Nigeria’s freedom which we enjoy today,” the statement added.

    The minister also reaffirmed and assured Nigerians that President Tinubu’s administration through its Renew Hope Agenda would ensure a better Nigeria for all citizens, as a well befitting tribute to the past leaders.

    Meanwhile, the FG had earlier announced that the 63rd Independence anniversary would be celebrated in a low-key manner.

    The government said it would not invite any world leaders to Nigeria for the celebration.

  • Breaking: Tribunal sacks PDP lawmaker, declares APC candidate winner

    Breaking: Tribunal sacks PDP lawmaker, declares APC candidate winner

    Tribunal Declares APC Candidate Winner, Overturns PDP Lawmaker’s Election in Plateau.

    The National State Houses of Assembly Election Tribunal has made a decisive ruling, overturning the election victory of Timothy Dantong from the People’s Democratic Party (PDP) and declaring Moses Dachum of the All Progressives Congress (APC) as the rightful winner of the March 18th election in Riyom state constituency of the Plateau State House of Assembly.

    Justice B.M Tukur-led panel, in its decision, cited a crucial factor that led to this outcome. It was determined that at the time of the election, the PDP did not possess a valid structure to nominate a candidate. This conclusion was drawn because the party was still in defiance of a court order issued by Justice S P Gang of Plateau State High Court, dating back to November 26, 2020.

    Read Also Breaking: Court Sacks APC Governor, Uba Sani (See Details)

    This ruling marks a turning point in the electoral dispute surrounding the Plateau State House of Assembly election, and it has significant implications for the representation of Riyom state constituency.

    Read Also Minister David Umahi Locked Inside Office Amidst Worker Protests

    As more details about the tribunal’s decision emerge, there will likely be increased interest in the consequences of this ruling for the political landscape in Plateau State and the broader implications for the state’s governance.

    Supreme Court Affirms Abure as Labour Party National Chairman

  • Breaking: Court Sacks APC Governor, Uba Sani (See Details)

    Breaking: Court Sacks APC Governor, Uba Sani (See Details)

     

    The Governorship Election Petition Tribunal in Kaduna State has delivered a verdict that has sent shockwaves through the political landscape. Governor Uba Sani, representing the All Progressives Congress (APC), has been removed from office following a petition filed by the Peoples Democratic Party’s (PDP) candidate, Isah Mohammed Ashiru.

    Read Also Minister David Umahi Locked Inside Office Amidst Worker Protests

    The tribunal, in its ruling on Thursday, declared the 2023 governorship election in the state as inconclusive, marking a pivotal moment in the ongoing legal battle over the election results.

    Nigerian President’s Chicago State University Diploma is a Fake – Coyden Palmer, former CSU student reporter

    The petition brought forward by Isah Mohammed Ashiru has challenged the legitimacy of Governor Uba Sani’s election victory and sought a different outcome.

    As the news of the tribunal’s decision reverberates across the state, there is heightened anticipation for further details on the ruling and its implications for the political landscape in Kaduna.

    The ruling has added another layer of complexity to the political dynamics in the state, raising questions about the future of leadership and governance. The coming days are expected to bring further clarity and potential adjustments to the political landscape in Kaduna.

    Additional Details regarding the tribunal’s decision and its consequences are expected to be released shortly. Stay tuned for updates as this story unfolds.