Month: September 2023

  • Nigerian Actress Judy Austin Severs Ties with Sarah Martins and Destiny Etiko, See details

    Nigerian Actress Judy Austin Severs Ties with Sarah Martins and Destiny Etiko, See details

    In a surprising turn of events, Nigerian actress Judy Austin has made headlines by severing ties with her close friend, Sarah Martins, following a public fallout involving May Edochie and Yul Edochie.

     

    The rift between Judy Austin and Sarah Martins escalated when Sarah withdrew her support for Judy amidst the turmoil surrounding Judy’s marriage to Yul Edochie. Previously, Sarah had staunchly defended Judy’s relationship with Yul, who was a married man, and had engaged in heated conflicts with Rita Edochie, Pete Edochie’s sister-in-law.

     

    However, the situation took a dramatic twist when Sarah Martins reconciled with Rita Edochie and publicly sought forgiveness through an Instagram video, pledging to no longer support any wrongdoing. This reconciliation with Rita Edochie and May Edochie seems to have triggered a series of actions from Judy Austin.

     

    In response to Sarah’s actions, Judy Austin has taken the decisive step of unfollowing her former best friend on Instagram. This move signifies a clear rift in their friendship, as Judy has also removed all posts related to Sarah from her social media accounts, including a recent heartfelt birthday tribute.

     

    Adding to the complexity of the situation, Judy Austin has also chosen to unfollow Destiny Etiko due to her support for May Edochie and her admiration for Sarah Martins’ recent actions.

     

    This development in the Nigerian entertainment world has left fans and followers of these celebrities shocked and intrigued. The drama surrounding Judy Austin, Sarah Martins, and their associations with May and Yul Edochie continues to unfold, keeping the public on the edge of their seats as they await further developments in this captivating saga.

  • You Can Marry Someone You Met  Yesterday and Have A Long Lasting Marriage – Yul Edochie

    You Can Marry Someone You Met Yesterday and Have A Long Lasting Marriage – Yul Edochie

    Nigerian Actor Yul Edochie Emphasizes Marriage as a Beautiful but Flexible Journey.

     

    Nigerian actor Yul Edochie has shared his perspective on marriage, stressing that while it is a beautiful institution, it should not be viewed as an all-or-nothing commitment.

    Breaking: President Tinubu Recalls All Nigerian Ambassadors

    In his commentary on the topic of marriage, Yul Edochie highlighted that the duration of a relationship does not necessarily determine the success of a marriage. He pointed out that a decade-long relationship might not lead to a lasting union, while two people who have recently met could enjoy a lifelong partnership.

    Offering advice to those in marital relationships, Edochie encouraged individuals to make efforts to sustain their marriages but reminded them that if a marriage ends in separation, it should not be perceived as the end of the world.

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    In his own words, Yul Edochie stated:

    “Marriage is a beautiful thing. Don’t let anybody discourage you. If your dream is to get married, go ahead & achieve your dream. A few tips can help you have a long-lasting marriage but there’s no laid-down proven formula to it. You can marry someone you dated for 10 years & the marriage won’t last. You can marry someone you met yesterday and have a long-lasting marriage. And most times the main reason for a marriage crash is not revealed on social media. Only the couple actually know exactly what went wrong. Marriage is also not a do-or-die affair. Try your best to make it work; if it doesn’t, it’s not the end of the world. Wish yourselves well and move on. Some journeys last forever, while some journeys have to end for others to begin. Love & Peace always.”

    Yul Edochie

    Yul Edochie’s perspective offers a balanced view of marriage, acknowledging its beauty while emphasizing the importance of flexibility and personal well-being. His words resonate with those navigating the complexities of marital relationships, reminding them that the end of one journey can mark the beginning of another.

  • Dollar to Naira black market exchange rate today September 2, 2023 | Aboki Dollar to Naira Today

    Dollar to Naira black market exchange rate today September 2, 2023 | Aboki Dollar to Naira Today

    Stay informed about the Aboki Dollar to Naira exchange rate today and the dollar to naira black market exchange rate today Saturday, September 2 , 2023. Get up-to-date information on the latest currency conversion rates.”

    What is the dollar to naira black market exchange rate today also known as the parallel market (Aboki fx)?

    How much is a Dollar to Naira today black market?

    Dollar to naira exchange rate today black market (Aboki Dollar to Naira Today).

    Dollar To Naira Yesterday Black Market

    The exchange rate for a dollar to naira black market exchange rate at Lagos (Parallel Market ) players buy a dollar for N895 and sell at N900 on Friday, September 1, 2023, according to sources at Bureau De Change (BDC).

     

    Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

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    Aboki dollar to naira black market exchange rate today nairaland

    Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
    Buying Rate N904
    Selling Rate N908

     

     

    Read Also Dollar to Naira Bank Rate Today | CBN Exchange Rate September 2 , 2023

    Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

    Central Bank of Nigeria (CBN) Naira Exchange Rates for banks.

    Banks in Nigeria are now using I & E exchange rates in selling and buying Dollars.

    Euro To Naira Black market exchange rate ngnrates.com

    The euro to naira exchange rate on September 2 , 2023, is as follows:

    • Buying rate: N1263.83/€
    • Selling rate: 1265.83/€

    This means that you can buy 1 euro for 1265.83 naira, and you can sell 1 euro for 1263.83 naira.

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    Pound To Naira Black market exchange rate ngnrates.

    Pound to naira exchange rate at the Investors and Exporters (I&E) window on September 2 , 2023:

    • Buying rate: 1,04.41 naira
    • Selling rate: 1,065.80 naira

    This means that you can buy 1 pound for 1,035.41 naira, and you can sell 1 pound for 1,035.80 naira.

    Meanwhile,

    In a positive turn, the Nigerian capital market witnessed a 0.24% increase in investment value at the close of trading on Saturday. This growth led to a rise of N85.7 billion in market capitalization, pushing it from N35.79 trillion to N35.88 trillion by the end of the trading day.

    The All-Share Index displayed a noteworthy increase of 157.09 basis points, concluding at 65,558.91, compared to the previous day’s value of 65,401.82.

    Market activity saw investors trading 356.01 million shares valued at N4.26 billion across 6,569 deals on Saturday. While this was a significant trading volume, it was slightly lower than the previous day’s trading, which involved 583.08 million shares worth N12.9 billion in 6,968 deals

    Gainers and Losers

    Among the gainers, SFS REIT led the way with a N7.60 kobo increase in share price, rising from N76.20 kobo to N83.80 kobo per share. Nascon also experienced notable gains, with its share price rising by N4.05 to close at N44.75 kobo, surpassing its opening price of N40.70 kobo per share.

    On the other hand, Prestige topped the losers’ list, suffering a 9.43% decrease and dropping from N0.53 kobo to N0.48 kobo per share. Tantalizer’s share price declined by 9.38%, ending trading at N0.30 kobo from N0.32 kobo per share.

    Top Trading Performers

    Transcorp emerged as the leader in trading, with 76.71 million shares valued at N442.05 million changing hands. Fidelity Bank followed closely with 52.97 million shares worth N376.91 million. Universal Insurance recorded the sale of 17.83 million shares valued at N3.67 million. FCMB traded 16.70 million shares valued at N98.79 million, while Dangote Sugar sold 16.54 million shares valued at N773.93 million.

    Factors Influencing Foreign Black Market dollar to naira Exchange Rate

    Here are some of the causes of the dwindling dollar-to-naira exchange rate.

    Inflation Rates: It is well known that inflation directly impacts black market exchange rates. If the Nigerian economy can be stabilized and inflation is controlled, the naira will benefit; however, if the naira continues to fall, it may indicate that food and other necessities are becoming more expensive daily.Dollar to Naira Black Market Rate ,Aboki Dollar to Naira Today

    Interest Rates: Another tool to keep an eye on is interest rates. If the interest rate at which banks lend money rises, it would harm the economy, causing it to contract and, as a result, the value of the naira to fall.

    Government Debt: National debt can impact investor confidence and, as a result, the influx of funds into the economy. If inflows are high, the naira exchange rate will rise in favour of the naira.
    Speculators: Speculators frequently impact the naira-to-dollar exchange rate. They stockpile money in anticipation of a gain, causing the naira to plummet even lower.
    Conditions of Trade: Favorable trade terms will increase the value of the naira to the dollar, although Nigeria is currently experiencing a trade deficit. Everything comes from China, India, and the majority of Asian countries.
    Latest Dollar to Naira Black Market Exchange Rate Today -, Naira To Dollar Black Market Rate

    New Naira Notes

    That is all the latest News update on ” Dollar to Naira Black Market Rate Today and Dollar to Naira today black market.

    Quick Links

  • Dollar to Naira Bank Rate Today | CBN Exchange Rate September 2, 2023

    Dollar to Naira Bank Rate Today | CBN Exchange Rate September 2, 2023

    Check the current Dollar to Naira bank rate today and the latest CBN exchange rate today  Saturday, September 2, 2023. Stay updated on currency exchange rates in Nigeria.
    If you are looking for the current exchange rates and Naira to Dollar conversion, we have you covered on this CBN exchange rate platform

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

     

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    The CBN Naira to Dollar exchange rate yesterday, closed at N772.50 per dollar.

    Dollar to Naira CBN and Bank Exchange rate today

    As of Saturday, September 2, 2023, the latest data from the Central Bank of Nigeria (CBN), the Official exchange rate of dollar to naira CBN rate today  is as follows:.

    What is CBN exchange rate today?

     

    CBN Official naira to dollar rate today

     

    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.

    Dollar to Naira bank rate today.

    The Dollar to Naira bank rate today  is ₦ 757.02 to one dollar. Therefore 100  dollar to naira will give 76,950

    CBN Official dollar to Naira yesterday

     

    The CBN Exchange Rate for Naira to Dollar closed yesterday at 773.02.

    Aboki Dollar to Naira Today | Dollar to Naira Black Market Rate September 2, 2023

     

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

    CBN Exchange Rate for Naira to Dollar explainer

    This means that if you want to buy 1 US dollar at the Central Bank of Nigeria (CBN) or the Importer and Exporter (I & E) Foreign Exchange Windows, you will need to pay N758.02. Conversely, if you wish to sell your dollar at the I & E window, 1 US dollar will yield you N757.02.

    What happened to Nigerian naira to US dollar

    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.

    Meanwhile,

    The decline in foreign investor participation is raising concerns as it shifts the balance of market engagement. The report reveals that domestic investors contributed a substantial 94.2 percent of total market transactions, while foreign investors made up a comparatively modest 6.5 percent.

    While local investors increased their involvement from 88.5 percent in June, foreign investors decreased their engagement from 11.24 percent during the same period.

    This decrease in foreign participation not only creates an imbalance in the stock market landscape but also carries implications for Foreign Portfolio Investments (FPI) amid foreign exchange scarcity. The report emphasizes the need to closely monitor these trends and assess their impact on overall market dynamics.

    In a recent report, the Nigerian Exchange Limited (NGX) unveiled a significant shift in the equity market landscape, sparking concerns about the trajectory of foreign investment in the country. The report revealed a notable increase in equity market transactions, driven largely by domestic investors.

    According to the report, equity market transactions in Nigeria saw a significant 72.83 percent month-on-month surge. The stock market recorded substantial trades amounting to N702.9 billion during July 2023. This surge represents a marked increase from the N406.75 billion reported in the previous month of June.

    However, the surge in transactions seems to be primarily driven by domestic investors. Equity trades among local participants surged by 83.50 percent, leading to a significant rise in trading volume from N361.01 billion in June to an impressive N662.44 billion in July.

    In contrast, foreign investors displayed less enthusiasm compared to their local counterparts. Foreign investment figures for July 2023 stood at N40.54 billion, marking an 11.37 percent decrease compared to the N45.74 billion recorded in the previous month.

     

     

    Quick Links

    Read Also 

    Dollar to naira black market today August 1, 2023 | Aboki fx rate

    Dollar to naira black market today September 2, 2023 | abokifx

    CBN Official Naira to Dollar exchange rate today September 2 2023

    CBN Official Naira to Dollar exchange rate today August 25 2023

    Dollar to naira black market today August 1, 2023 | Abokifx

    Dollar to naira black market today August 1, 2023 | Aboki fx rate

    Black Market Dollar To Naira Exchange Rate Today 
    Graphic of Dollars and Nairas

    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.

    CBN Exchange Rate

    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. Dollar to Naira Bank Rate Today

    Thanks for reading CBN Official naira to dollar exchange rate today and Dollar To Naira Bank 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.

  • Breaking: President Tinubu Recalls All Nigerian Ambassadors

    Breaking: President Tinubu Recalls All Nigerian Ambassadors

    President Tinubu Recalls All Nigerian Ambassadors, Including UK Envoy

    President Bola Tinubu has ordered the recall of all Nigerian career and non-career ambassadors, reshaping the country’s diplomatic landscape. The announcement came through Minister of Ambassador Yusuf Tuggar, who confirmed the recall of all ambassadors.

    Ejes Gist Newspaper reports that the recall follows a recent decision by President Tinubu to recall the country’s envoy to the United Kingdom, Sarafa Ishola. A formal letter from Ambassador Tuggar marked the end of Ambassador Ishola’s tenure as Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Nigeria to the United Kingdom.

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    President Tinubu Recalls All Nigerian Ambassadors

    The recall letter stated, “I have the honour to notify you of Mr. President’s decision to recall you, signalling the end of your tenure as Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Nigeria to the United Kingdom. By this communication, you are now expected to commence the process of winding down your affairs, take formal leave of your host government within sixty days, and return to Nigeria by 31 October, 2023, at the latest.”

    In response to inquiries regarding the recall letter, Ambassador Yusuf Maitama Tuggar, the Minister of Foreign Affairs, clarified that all career ambassadors and non-career ambassadors had been recalled under President Tinubu’s directives. He emphasized that ambassadors, as representatives of the country, serve at the discretion of the President, and it is his prerogative to appoint or recall them from any country.

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    This sweeping recall of ambassadors signals a notable change in Nigeria’s diplomatic corps, with President Tinubu asserting his authority over foreign appointments and reassignments. The implications of these changes in Nigeria’s diplomatic landscape will likely become clearer in the coming months as new envoys are appointed to represent the country’s interests abroad.

    FAQs on President Tinubu’s Recall of Nigerian Ambassadors

    1. Why has President Tinubu decided to recall all Nigerian ambassadors?

    President Tinubu has recalled all Nigerian ambassadors as part of a strategic decision to reshape the country’s diplomatic representation abroad. This action allows the President to appoint new ambassadors who align with his administration’s foreign policy goals and priorities.

    2. Does the recall of ambassadors affect all Nigerian diplomats serving abroad?

    Yes, the recall affects both career diplomats and non-career diplomats serving in various Nigerian embassies and missions around the world.

    3. Is this recall a common practice in Nigerian diplomacy?

    The recall of ambassadors can occur during changes in government or shifts in foreign policy priorities. It is not uncommon for new leaders to appoint ambassadors who align with their vision and objectives for international relations

    4. How will this recall impact Nigeria’s diplomatic relations with other countries?

    The impact on diplomatic relations will depend on how swiftly new ambassadors are appointed and how well they adapt to their new roles. A smooth transition should minimize disruptions in diplomatic relations.

    5. Will Nigeria have a gap in diplomatic representation during this transition?

    There might be a temporary gap in diplomatic representation as recalled ambassadors wind down their affairs and new ambassadors are appointed and undergo the necessary preparations for their assignments. However, the Ministry of Foreign Affairs will work to minimize any significant disruptions.

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  • Bandits kill 7 worshippers in Kaduna mosque

    Bandits kill 7 worshippers in Kaduna mosque

    Bandits Attack Mosque in Kaduna, Killing Seven Worshippers.

    In a tragic incident, a group of bandits attacked a mosque in Saya-Saya Village, located in the Ikara Local Government Area of Kaduna State, resulting in the death of seven worshippers. The attack occurred during Friday night’s Isha’i (Sunset) prayers, catching the Muslim worshippers off guard.

    According to reports, five worshippers, including a vigilante leader, were fatally shot inside the mosque during the prayer session, while two other victims met a similar fate in different parts of the village.

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    An anonymous source disclosed, “Two other victims were killed by the bandits in other parts of the village.”

    The head of the community, Abdulrahaman Yusuf, confirmed the devastating incident. He stated that the vigilante leader was among the victims killed inside the mosque while worshippers were engaged in prayer. The attackers had apparently tracked him down to the mosque, where they carried out the deadly assault.

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    Yusuf recounted the terrifying ordeal: “We suspected they traced the vigilante leader to the mosque to attack him. We were inside the mosque praying when they arrived and started shooting. Five persons were killed in the mosque, while a driver who brought food items to the village was also killed. The other person was killed at a nearby village.”

    Following the bandits’ attack, security has been intensified in the Ikara area. Local authorities responded by deploying security agencies, including soldiers and police personnel, to the scene. However, by the time they arrived at around 12:30 a.m., the bandits had already fled the village.

    The acting Public Relations Officer of the Kaduna State Police Command, Mansir Alhassan, confirmed the attack and subsequent police mobilization. He expressed the need for the public to report any suspicious activities or unfamiliar individuals in their communities promptly.

    Alhassan also pointed out that the delay in reporting the presence of the bandits by the local community contributed to the unfortunate incident. He urged residents to collaborate with security agencies by promptly sharing information about suspicious persons or activities.

    This tragic incident underscores the ongoing security challenges faced by communities in certain regions of Nigeria and highlights the importance of prompt communication with law enforcement agencies to prevent such attacks.

  • Retired Military Generals Warn Tinubu About Coup Threat Amidst African Unrest

    Retired Military Generals Warn Tinubu About Coup Threat Amidst African Unrest

    Retired Military Generals Warn Nigerian Government About Coup Threat Amidst African Unrest.

    In the wake of successful coup attempts in several African countries, retired military generals in Nigeria have issued a stern warning to the Bola Tinubu-led government. They emphasized that the key to preventing a coup in any country lies in the democratically elected government’s commitment to upholding the constitution and promoting good governance.

    These seasoned generals, in an interview with PUNCH, acknowledged that while coups were not desirable, people in Nigeria and across the continent were growing tired of being taken for granted by their leaders.

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    The Nigerian government, on the other hand, downplayed concerns of a potential coup, asserting that the nation had progressed beyond the era of forcible leadership changes. They highlighted the widespread acceptance of democracy among Nigerians and the strengthening of democratic institutions within the country.

    Despite this reassurance, recent coups in neighboring African nations, particularly the most recent one in Gabon, have raised eyebrows and sparked discussions on the role of elected governments in shaping their countries’ destinies.

    Former Chief of Defence Staff, Alexander Ogomudia, pointed out that supporting a coup against a government that fulfills its campaign promises and upholds the constitution lacks moral justification. He emphasized the importance of politicians sticking to their commitments made during their campaigns.

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    Brig.-Gen. Phillip Ashim echoed the sentiment that good governance was the key to preventing coups in Africa, asserting that this was common knowledge.

    Former Commander, 1 Division, Brig.-Gen. John Sura (retd.), emphasized the need for African leaders to respect their constitutions and democratic frameworks, as well as to ensure good governance to keep coup attempts at bay.

    Major General Henry Ayoola (ret.), former Commander of the Special Task Force, Operation Safe Haven, urged politicians to adhere to the rules of democracy, respect the rule of law, and govern with accountability, asserting that this was the surest way to keep soldiers out of governance.

    The generals collectively emphasized that the style of governance on the continent had often fostered impunity, and a shift towards more responsible and accountable leadership was essential to prevent further political unrest.

    As Africa grapples with the specter of coups in some regions, the words of these retired military leaders serve as a stark reminder of the importance of good governance, respect for democratic principles, and adherence to the rule of law to maintain stability and peace on the continent.

  • Zamfara Residents Kidnap Wives Of Terrorists In Retaliation For Abduction Of Farmers

    Zamfara Residents Kidnap Wives Of Terrorists In Retaliation For Abduction Of Farmers

    Community Takes Bold Action Against Terrorists’ Wives in Zamfara.

     

    Residents of Birnin Magaji in Zamfara State have resorted to unconventional measures to combat the incessant attacks by terrorists in their community. In a bold move, the dwellers intercepted the wives of terrorists, including a pregnant woman, as they were returning to their hideouts. This act of retaliation sheds light on the increasing desperation and fear gripping the region due to continuous terrorist attacks.

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    A youth leader from Birnin Magaji, who spoke to PRNigeria, confirmed the community’s actions. He explained that this drastic step was taken in response to the relentless assaults by terrorists on their community. These attacks have made daily life a perilous endeavor for the residents.

    “The bandits invaded the farm and threatened the farmers before they took them away,” the youth leader recounted. “These days, many people here cannot go to the farm, and even in our homes, we are afraid they could come and abduct us for ransom.”

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    The situation in Zamfara has seen a surge in terrorist activities, with the recent kidnapping of at least 80 children in the Tsafe Local Government Area drawing national attention. This incident served as a stark reminder of the looming threat that these criminal elements pose to the region.

    Furthermore, in a separate incident, Nigerian security forces initiated a search operation for eight kidnapped National Youth Service Corps (NYSC) members in Zamfara State. These corps members, on their way from Uyo, Akwa Ibom State, to Sokoto State for their one-year national service, had their journey interrupted by terrorists.

    The actions of the Birnin Magaji community reflect the growing frustration and desperation among residents who find themselves living in fear amid the recurring attacks by terrorists. The situation in Zamfara demands urgent attention and robust security measures to restore peace and protect the lives of its citizens.

  • Nigeria’s Economy Worst Under Buhari; Tinubu’s Minister Praises the Goodluck Jonathan Regime

    Nigeria’s Economy Worst Under Buhari; Tinubu’s Minister Praises the Goodluck Jonathan Regime

    Minister of Finance Olawale Edun Highlights Past Economic Stability and Challenges.

    In his first press conference as the Minister of Finance and Coordinating Minister of the Economy, Olawale Edun reflected on a period of economic stability in Nigeria that occurred about a decade ago during former President Goodluck Jonathan’s tenure. He emphasized the contrast between that period and the current economic situation.

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    During the press conference held in Abuja on Friday, Mr. Edun pointed out that between 2013 and 2014, Nigeria experienced a stable economy characterized by a constant foreign exchange (FX) rate and steady interest rates. He noted that during this time, the country had a sufficient foreign exchange reserve, enabling the government to provide funds for investment, importation of raw materials, and machinery.

    “If we think back to the last time when the economy was stable – when it was growing, when inflation was low, and the interest rate was affordable, that period was about a decade ago. Growth was about six per cent in 2013 and 2014,” Mr. Edun recalled.

    He also highlighted the significant difference in Nigeria’s revenue during that period, mentioning that the country earned over $80 billion annually, compared to the current figure of approximately $25 billion.

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    Furthermore, Mr. Edun outlined President Bola Tinubu’s economic vision, agenda, and strategy. He acknowledged that the country’s economy has not progressed as desired and has grown at a rate barely exceeding population growth.

    “I think, as we all know, we are not where we should be. The economy is barely growing above the rate of population growth. But it was not always so,” he stated.

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    “In trying to look at the way forward, if we now have a situation of slow growth, double-digit inflation, weak/depreciating exchange rate, as well as security concerns that are resulting in an economy that is not growing and not taking Nigerians out of poverty.”

    What is Mr. Wale Edun saying?

    Tinubu’s Minister, Wale Edun, is saying that Nigeria’s economy is at its worst under Buhari. He claims that the only period of economic stability was during the regime of Goodluck Jonathan

    The Minister of Finance’s remarks shed light on the challenges facing Nigeria’s current economic landscape and the need for strategic planning and policy measures to address them and steer the nation towards a more prosperous future.

  • Nigerian Newspapers Summary: 10 things You Need to Know Today, September 2, 2023

    Nigerian Newspapers Summary: 10 things You Need to Know Today, September 2, 2023

    Top Nigerian Newspapers Headlines Today for Saturday, September 2, 2023.

     

    Welcome to the daily news roundup, providing you with a concise overview of the top stories making waves across Nigeria.

    Here is today’s summary of top stories from Nigerian Newspapers:

    1. NLC Threatens Two-Day Warning Strike, Potential Indefinite Strike:
    The Nigeria Labour Congress (NLC) is set to embark on a two-day warning strike from September 5 to 6, 2023. NLC President, Joe Ajaero, issued the warning in Abuja, emphasizing that an indefinite strike could follow if the federal government fails to address the current hardships faced by Nigerians.

    2. President Tinubu Appoints New NDDC Representatives:
    President Bola Tinubu has approved the replacement of Victor Akinjo with Otito Atikase as the Ondo State representative nominated to the board of the Niger Delta Development Commission (NDDC). Additionally, Asi Oku Okang has been replaced by Orok Otuk Duke as the Cross River State nominee.

    3. Tinubu Seeks UN Support Against Terrorism:
    President Bola Tinubu has solicited the support of the United Nations in Nigeria’s fight against terrorism, recognizing its global implications, including threats to peace, displacement of people, and rising poverty. Tinubu made this appeal during a meeting with Mr. Vladimir Voronkov, Under-Secretary General of the United Nations Office on Counter-Terrorism.

    4. New Appointment for NASENI:
    President Bola Tinubu has approved the appointment of Khalil Suleiman Halilu as the new Executive Vice Chairman and Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI). The appointment takes immediate effect, as announced by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale.

    5. Nigeria’s High Commissioner to UK Recalled:
    President Bola Tinubu has recalled Nigeria’s High Commissioner to the United Kingdom (UK), Sarafa Isola. The recall was communicated through a letter issued by Yusuf Tuggar, Minister of Foreign Affairs.

    6. Suspended Local Government Chairman in DSS Custody:
    Wale Adedayo, the suspended Chairman of Ijebu-East Local Government Area of Ogun State, is currently in the custody of the Department of State Services (DSS) in Abeokuta. This follows allegations of funds diversion meant for local governments in the state, allegedly involving Governor Dapo Abiodun.

    7. Nigeria’s Commitment to Democracy Amidst Regional Concerns:
    Amidst increasing coups in Africa, particularly in the West African subregion, the Federal Government reassures Nigerians that the country has progressed beyond the threat of a forceful government takeover. The government emphasizes that Nigeria’s democratic institutions are strengthening, and democracy is firmly embraced by its citizens.

    8. Calls for Refinery Repairs to Reduce Fuel Costs:
    Joseph Obele, Chairman of the Independent Petroleum Marketers Association of Nigeria, Rivers State Chapter, urges the Federal Government to expedite the repair of the nation’s refineries. He believes that the cost of Premium Motor Spirit (PMS), or petrol, could significantly decrease to below N200 per litre once the refineries are operational.

    9. Federal Government to Review Tax Waivers:
    The Federal Government announces plans to review and reduce tax waivers granted to companies operating in Nigeria. Total tax incentives currently amount to N6 trillion annually. Mr. Taiwo Oyedele, Chairman of the Presidential Tax Reform Committee, reveals that a comprehensive tax waiver review is on the horizon.

    10. Warning to Illegal Miners:
    The Minister of Solid Minerals Development, Mr. Dele Alake, issues a stern warning to all illegal miners across the country, instructing them to vacate mining sites immediately. This warning comes during a graduation ceremony and presentation of starter packs to 30 trainees under Batch 3 of the Ministry’s ‘Gemstone and Jewellery Master Training and Empowerment’ program.

    These are the key developments making headlines in Nigerian Newspapers today. Stay tuned for further updates on these and other pressing issues.

     

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    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.

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    • Aaron Abraham, Nigerian Soldier Dismissed for Preaching About Jesus in Uniform on Social Media

        Aaron Abraham, Nigerian Soldier Dismissed for Preaching About Jesus in Uniform on Social Media
  • PDP Chieftain gives hint on when FCT Minister, Nyesom Wike, will be expelled

    PDP Chieftain gives hint on when FCT Minister, Nyesom Wike, will be expelled

    PDP Chieftain Daniel Bwala Predicts Expulsion of Minister Nyesom Wike.

     

    In a recent development within the People’s Democratic Party (PDP), Daniel Bwala, a prominent figure within the party, has made a bold claim regarding the fate of Minister Nyesom Wike, the former Rivers State governor. Bwala asserted that Wike would face expulsion from the party at the appropriate time, citing his support for President Bola Tinubu of the All Progressives Congress (APC) as the catalyst for this impending action.

    Read Also Aaron Abraham: Nigerian Soldier Dismissed for Preaching About Jesus in Uniform on Social Media

    Bwala’s statement came to light during his appearance on Channels Television’s Politics Today programme on Thursday. While addressing questions about Wike’s actions and the party’s response, Bwala emphasized that the PDP’s current silence should not be misconstrued as weakness. He reassured party members and the public that Wike’s suspension and subsequent expulsion were imminent.

     

    “Why we hardly react to what he (Wike) says is because he loves drama, everybody knows that,” Bwala stated. “The quietness of the party is not weakness… the party knows what it is doing. At the appropriate time, he (Wike) would not only be suspended but expelled. Take that to the bank,” he confidently declared.

    Pay Attention To Tinubu sacks Gwandu as CEO of NASENI, appoints 32-year-old as replacement

    The tension between Nyesom Wike and the PDP leadership has been escalating following Wike’s open support for President Bola Tinubu, a prominent figure within the rival APC. This public endorsement led to calls from within the PDP for disciplinary action against Wike.

     

    It remains to be seen how this internal party dispute will unfold and whether Daniel Bwala’s prediction of Nyesom Wike’s expulsion will come to fruition. As the PDP continues to grapple with this political controversy, observers are closely monitoring the party’s actions and responses.

  • Aaron Abraham: Nigerian Soldier Dismissed for Preaching About Jesus in Uniform on Social Media

    Aaron Abraham: Nigerian Soldier Dismissed for Preaching About Jesus in Uniform on Social Media

    Nigerian Army Dismisses Soldier Aaron Abraham, Who Was Detained and Questioned for Preaching About Jesus in Service Uniform.

     

    Calabar, Cross River State — In a recent development, the Nigerian Army has officially dismissed Lance Corporal Musa Adamu, a soldier attached to the Amphibious Training School Personnel (ATSCalabar) unit in Calabar, Cross River State. The dismissal comes after he preached about Jesus Christ while donning his service uniform on social media.

    Previously, SaharaReporters had reported that Adamu had been detained by army authorities for over 50 days. His salary had also been withheld for seven months leading up to his dismissal.

    Contrary to initial reports that suggested religious reasons for his detention, Director Army Public Relations, Brigadier General Onyema Nwachukwu clarified that Adamu was held for violating certain provisions of the Armed Forces Act and not for religious activities.

    During the operation, he was found preaching in uniform on a social media platform in violation of extant Social Media policy for the Armed Forces of Nigeria. This prompted his invitation for interrogation by relevant authorities. Rather than present himself for the investigation, he absconded for about six and a half months, resulting in the declaration of the soldier on Absence Without Official Leave (AWOL).

    The action of the personnel violates Section 58 (a) (b) Obstruction of Provost Officers and Section 59 (a) (b) Absence Without Leave,” stated Brigadier General Nwachukwu.

    In a video circulating on social media, Lance Corporal Adamu, who goes by the Facebook name “Aaron Abraham,” admitted to his dismissal and the charges brought against him. He said, “By the grace of God, I have been dismissed by the Nigerian Army. I was given three charges; the first, using the uniform to preach on social media. The second, knowing fully well that using the uniform to preach is an offence and I went ahead to do it, which is disobedience to a particular order.”

    The soldier’s case has garnered attention as it’s reported that he recently converted to Christianity despite being born a Muslim. His preaching on social media, while in uniform, drew both support and criticism.

    It’s worth noting that this incident isn’t the first of its kind involving uniformed personnel preaching in Nigeria. In 2019, a video of a police officer preaching in his service uniform also went viral, sparking discussions on the role of religious expression within uniformed services.

    Adamu’s case highlights the complexities surrounding religious expression and the enforcement of regulations within the Nigerian military.

    Source: SaharaReporters

  • Latest Job Vacancy at Nigerian Electricity Supply Corporation Limited

    Latest Job Vacancy at Nigerian Electricity Supply Corporation Limited

    Nigerian Electricity Supply Corporation (Nigeria) Limited [NESCO (Nigeria) Limited] is incorporated under the Companies Act of the Laws of Nigeria. Its core business is to generate, distribute, supply and retail electric power in Plateau State and adjacent States.

    We are recruiting to fill the position below:

     

    Generation Manager at the Nigerian Electricity Supply Corporation Limited Recruitment

    Job Title: Generation Manager

    Location: Jos, Plateau
    Employment Type: Full-time

    Job Summary

    • In its drive to ensure improved and sustained efficiency and effectiveness in the delivery of its mandate with strategic leadership and management, NESCO (Nigeria) Limited is seeking to recruit fully qualified, highly motivated, and well-experienced persons to fill highly rewarding vacant positions of Generation Manager that have arisen in the Corporation.
    • The cited highly demanding vacant positions require persons who have demonstrable capacity to initiate innovations geared at making NESCO (Nigeria) Limited a rejuvenated, vibrant, and competitive power utility company.

    The right interested candidates with prospects to build a meaningful career within the Electricity Supply Industry are therefore excitedly invited to apply for the positions.

    Apply for

    Purpose of the Position

    • The Generation Manager shall be responsible to the Chief Operations Officer (COO) in the performance of his/her duties and responsibilities to effectively manage the Power Generation Department functions of the Nigerian Electricity Supply Corporation (Nigeria) Limited.
    • This is a challenging position requiring a professionally qualified and experienced executive who is visionary, dynamic as well as pragmatic.
    • He/She shall efficiently and effectively manage the subordinate staff in the Generation Department to ensure that the deadlines are met and operational & maintenance standards are maintained.

    Key Duties and Responsibilities for the Position
    The Generation Manager’s key duties and responsibilities are many and varied.
    Specifically, He/She shall be responsible, but not limited, for the following duties and responsibilities:

    • Supervising, directing, evaluating, and coordinating staff of Generation Department by providing leadership in administration and management of power plant in order to achieve efficient and effective generation of electrical energy and management of staff to ensure optimum power plant performance, availability and reliability.
    • Directing and guiding the Generation Department in the preparation of inputs to the Corporation’s Strategic and Business Plans and ensuring the submissions address the requirements of the Corporation’s Vision, Mission and Objectives.

    Latest Job Vacancy at Nigerian Electricity Supply Corporation Limited

    • Representing the Generation Department in the Corporation’s strategic and business planning processes through effective participation in Strategic and Business Plans formulation, consolidation, implementation, monitoring and periodic reviews.
    • Representing the Corporation on water and power generation related forums and symposia.
    • For each Section of the Generation Department, ensuring that Action Plans are derived from the Corporation’s strategic and business plans, and in liaison with other Department Heads, that the material, human and financial resources are available in the short and long term for smooth implementation of such plans.
    • Together with other Management Team members, leading Corporation change strategies and programmes and liaising with other Departments for the smooth and efficient running of various functions of the Corporation.
    • Guiding the Generation Department in formulation of policies and efficiencies, technical or otherwise, relating to generation operation, maintenance and engineering functions and set goals in the Corporation.
    • Developing and maintaining power generation strategies along with related key power generation objectives and monitor delivery in a key performance indicator environment.
    • Ensuring timely preparation of the revenue and capital budgets to facilitate translating into action the requirements in the Corporate Strategic and Business Plans relating to Generation Department.
    • Monitoring and controlling overall cost effectiveness of the power stations through the Generation Department’s revenue and capital expenditure controls.
    • Continuous monitoring of operational progress for each Section or Power Plant in the Generation Department and taking appropriate action, always making necessary adjustments to strategy implementation as dictated by available resources.
    • Developing, implementing, monitoring, reviewing and updating maintenance procedures & schedules.
    • Providing oversight for correct operation and maintenance of power plant and associated ancillary equipment by ensuring that operations and maintenance are properly/correctly managed & maintained at all times to ensure smooth operations with emphasis on quality & reliability of supply
    • Initiating & overseeing routine & major maintenance of the power plants to enhance/sustain performance & keep systems functioning at peak times and ensuring optimum allocation of responsibilities to staff under his charge in line with business needs by marrying individual competences to business needs as need arises.
    • In liaison with the Planning & Development Department, preparing detailed programs/plans for and providing oversight for major overhaul, refurbishment and modernization of the Corporation’s power plants and ancillary equipment as well as short-term, medium-term, and long-term power plant requirements including carrying out technical and financial appraisals.
    • Managing Procurement Department/Unit to ensure that subordinate staff are motivated to work in line with the corporate goals, assessing their abilities, setting targets and monitoring their performance, identify and recommend their training needs;
    • Developing manpower requirements and preparing staff development programs for Generation Department through conducting skills gap analysis by comparing competences required by the Corporation business with current staff competences.
    • Ensuring compliance with relevant laws, regulations & policies as well as a safe, healthy & positive work environment.
    • Compiling and submitting regular performance reports including monthly, quarterly, mid-year & annual reports and other reports as required to the MD/CEO and the Board.
    • Advising Management on issues pertaining to Generation Department.
    • Carrying out any other duties within the Generation Manager’s capacity as assigned by the Managing Director/Chief Executive Officer from time to time.

    Latest Job Vacancy at Nigerian Electricity Supply Corporation Limited

    Minimum Required Education Qualifications and Work Experience

    • To be considered for this role, the ideal candidates should have a minimum qualification of a Bachelor’s Degree in Electrical or Mechanical Engineering or Higher National Diploma (HND) with Post Graduate Diploma (PGD) plus Master’s Degree in Electrical or Mechanical Engineering from a recognized University or Polytechnic. Those with a relevant Master’s Degree will have an added advantage.
    • The Applicants must also be registered members of engineering professional bodies including the Council for the Regulation of Engineering in Nigeria (COREN) as Engineers.
    • They must have at least eight (8) years substantial practical relevant post qualifying hands-on working experience in the planning, design, construction, operations, and maintenance of major engineering works with a strong bias towards power generation plants of which at least (3) years should be at Management Level. Applicants with actual hydro power plants operations, maintenance refurbishment/overhaul, modernisation and upgrade experience will have a strong added advantage.

    Required Key/Core Competencies, Attributes, and Skills:
    The required candidate should have the following competences, skills and attributes:

    • Have ability to handle complex work planning and implementation to meet both targets and budget, under minimal supervision (self-starter, high initiative);
    • Have ability to analyse and coming up with solutions to challenges in construction, operation, maintenance and development of hydro-power generation infrastructure and other associated works, (Excellent problem-solving skills);
    • Have ability to undertake multiple tasks under confined environments (Highly multi-skilled);
    • Have a passion for power utility developments;
    • Demonstrate strong leadership abilities and organisational skills;
    • Have a high degree of civil engineering skills;
    • Have excellent oral and written communication skills;
    • Have excellent interpersonal skills and able to deal with a diverse
    • workforce;
    • Be self-motivated, a team player and results oriented;
    • Be of high integrity; and
    • Have excellent negotiation skills.

     

     

    How to Apply for Generation Manager at the Nigerian Electricity Supply Corporation Limited Recruitment. 
    Interested and qualified candidates should submit their Applications, under confidential Cover Letter, either by post, courier or e-mail, enclosing Copies of Certificates, detailed Curriculum Vitae (CV) with full contact details and names, residential/postal and e-mail addresses and telephone numbers of Three (3) Traceable Referees to:
    The Managing Director,
    Nigerian Electricity Supply Corporation (Nigeria) Limited,
    10 Barkin Ladi Road,
    P. O. Box 15,
    Bukuru, Jos South,
    Plateau State.

    E-Mail Address: [email protected]

    With electronic copies to E-mail Address: [email protected]

    Note: Only shortlisted applicants will be acknowledged and invited for interviews.

     

    Application Deadline  for Generation Manager at the Nigerian Electricity Supply Corporation Limited Recruitment: 13th September, 2023.

  • Tinubu sacks Gwandu as CEO of NASENI, appoints 32-year-old as replacement

    Tinubu sacks Gwandu as CEO of NASENI, appoints 32-year-old as replacement

    Tinubu Appoints Khalil Suleiman Halilu as NASENI‘s New CEO

    President Bola Tinubu has made a significant change in the leadership of the National Agency for Science and Engineering Infrastructure (NASENI). Dr. Bashir Gwandu’s appointment as the Executive Vice Chairman/Chief Executive Officer of NASENI has been terminated, and Mr. Khalil Suleiman Halilu has been appointed as his replacement.

    Read Also Court bars Governor Ademola Adeleke and 14 others over appointments

    Khalil Suleiman Halilu 32 years

    This announcement was made via a statement issued by Chief Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, in Abuja on Friday.

    Read Also Tinubu sacks two newly appointed members of the NDDC Board and announces replacements

    According to the statement, Mr. Khalil Suleiman Halilu, 32 years old, is expected to bring his extensive experience as an innovator and technology expert to his new role as the Executive Vice Chairman and Chief Executive Officer of NASENI.

    Khalil Suleiman Halilu
    Khalil Suleiman Halilu

    In accordance with the relevant sections of the NASENI Act, 2014, Mr. Halilu will serve an initial term of five years in this important national assignment. The appointment takes immediate effect.

    Read Also Tinubu sacks two newly appointed members of the NDDC Board and announces replacements

    This move underscores the administration’s commitment to harnessing innovation and technology for national development and progress, further highlighting the importance of leadership changes in key government agencies to achieve these objectives

  • Court bars Governor Ademola Adeleke and 14 others over appointments

    Court bars Governor Ademola Adeleke and 14 others over appointments

    Court Grants Interim Order Restraining Osun Governor and Others in Rector Appointment.

     

    The Lagos Division of the National Industrial Court of Nigeria (NICN) has issued an interim order restraining Governor Ademola Adeleke of Osun State and 14 others from proceeding with the appointment of a Rector for Osun State Polytechnic, Iree.

    Read Also Tinubu sacks two newly appointed members of the NDDC Board and announces replacements

    This significant decision was reached by Justice Opeloye Ogunbowale following an ex parte motion filed by the suspended Rector of the institution, Dr. Tajudeen Odetayo. Dr. Odetayo had challenged what he referred to as his “illegal suspension.”

     

    In addition to restraining Governor Adeleke and the other respondents, Justice Ogunbowale ordered them to halt any further action regarding the institution until the hearing of the motion on notice. He also directed that a hearing notice be issued to all respondents ahead of the next adjourned date.

    Read Also Another African leader retires military generals Amidst Coup Fears

    The motion ex parte was presented by Mr. Rasheed Adeniyi Oluwofobi, counsel for Dr. Odetayo. In this motion, Dr. Odetayo requested an interim injunction to prevent the defendants/respondents from enforcing the suspension letter issued on July 11, 2023, and the subsequent query letter dated August 1, 2023, both of which he received.

     

    Among the respondents in the case, marked NICN/OS/37/2023, are the Attorney General and Commissioner for Justice of Osun State, the Ministry of Education, the Governing Council of OSPOLY, and several other key figures involved in the investigation and suspension of Dr. Odetayo.

     

    In his submission, Oluwofobi highlighted the timing of the suspension and query, emphasizing that the suspension preceded the query by almost a month, a sequence that raised concerns.

     

    Justice Ogunbowale granted the application and issued an order of interim injunction, restraining the defendants/respondents from taking any further action on the matter until the determination of the Motion On Notice. The case is scheduled to resume on October 10, 2023, for a full hearing.

     

    This court decision underscores the importance of proper procedures and adherence to due process in administrative actions and appointments within educational institutions and government agencies. It also highlights the significance of the judicial system in safeguarding individuals’ rights and ensuring justice is served.

  • Tinubu sacks two newly appointed members of NDDC Board, announces replacements

    Tinubu sacks two newly appointed members of NDDC Board, announces replacements

    President Bola Tinubu Initiates Changes in the Niger Delta Development Commission.

     

    In a significant move aimed at redefining the leadership of the Niger Delta Development Commission (NDDC), President Bola Tinubu has made crucial amendments to the recently reconstituted Board and Management. This action involves the replacement of representatives from Ondo and Cross River states on the NDDC Board.

    Read Also Another African leader retires military generals Amidst Coup Fears

    This development was announced in a statement issued on a Friday evening by Ajuri Ngelale, President Tinubu’s Special Adviser on Media and Publicity. Among the key changes is the reappointment of Dr. Samuel Ogbuku as the Managing Director of the Commission, with his continued role being in an acting capacity until confirmed by the Senate.

    Read Also NLC Announces Date for Economic Shutdown in Nigeria

    Specifically, the statement read, “President Bola Tinubu has approved the immediate replacement of the NDDC’s Ondo State Representative nominee, Mr. Victor Akinjo, with a new Ondo State Representative nominee, Hon. Otito Atikase.

    Read Also Four Popular Celebrities Whose Marriages Crashed in 2023

    The President has equally approved the immediate replacement of the NDDC’s Cross River State Representative nominee, Mr. Asi Oku Okang, with a new Cross River State Representative, Rt. Hon. Orok Otuk Duke.”

    The reappointment of Dr. Samuel Ogbuku, who served as the immediate past Managing Director and Chief Executive Officer of the NDDC, signals a commitment to continuity and steady leadership within the Commission. However, his status as acting Managing Director will be subject to the Senate’s confirmation of his reappointment.

    These changes represent a deliberate effort by President Tinubu to ensure that the NDDC’s leadership aligns with the developmental objectives of the Niger Delta region and the nation at large. As the Commission plays a pivotal role in the socio-economic transformation of the Niger Delta, these alterations in its leadership are of significant national importance.

    The Nigerian public and stakeholders in the Niger Delta region will be closely following the Senate’s deliberations and confirmation process to ascertain the ultimate leadership structure of the NDDC. This move by President Tinubu underscores his commitment to effective governance and his determination to enhance the impact of the Commission in the Niger Delta.

  • Another African leader retires military generals Amidst Coup Fears

    Another African leader retires military generals Amidst Coup Fears

    Presidents Across Africa Retire Military Generals Amidst Coup Fears.

    In a series of unexpected and strategic moves, several African nations are witnessing the retirement and reshuffling of high-ranking military officials by their respective leaders. These actions have raised speculation and concerns about the potential for coup attempts in the region.

    Uganda’s President Yoweri Museveni recently ordered the retirement of 11 army Generals, accompanied by the possibility of significant military reshuffling. This decision has sent ripples through the nation’s military establishment and raised questions about the motivation behind these changes.

    Read Also NLC Announces Date for Economic Shutdown in Nigeria

    This development in Uganda follows closely on the heels of President Paul Kagame of Rwanda, who retired an astonishing 12 Generals and 1,013 Army officers. Additionally, President Paul Biya of Cameroon initiated a reconfiguration of his country’s military formation.

    Best Happy New Month Messages for Loved Ones in September”

    The timing of these retirements and reshufflings has ignited discussions on the fear of potential coup d’états in these nations. Coup attempts have historically been a recurring challenge in various African countries, often driven by power struggles and dissatisfaction within the military ranks.

    Pay Attention To Breaking: DSS arrests CBN deputy gov Kingsley Obiora (photo)

    While the specific reasons behind these actions remain shrouded in secrecy, many observers speculate that these leaders are taking pre-emptive measures to maintain control and prevent any potential threats to their governments. The specter of coup d’états in Africa has had a destabilizing influence on governance and regional stability in the past, making it a legitimate concern for sitting leaders.

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    As these developments unfold, both within and beyond Africa’s borders, the international community is closely monitoring the situation.

    The retirements and reshufflings of military leaders underscore the complex dynamics at play within African nations and the delicate balance of power that leaders must navigate to maintain stability and security.

  • NLC Announces Date for Economic Shutdown in Nigeria

    NLC Announces Date for Economic Shutdown in Nigeria

    Nigeria Labour Congress announced Nationwide Shutdown Amidst Economic Woes. 

    The Nigeria Labour Congress (NLC) has issued a stern warning to the government, announcing its intention to initiate a two-day warning strike on Tuesday, September 5, and Wednesday, September 6. This bold move is the NLC’s response to the government’s perceived negligence in addressing the profound suffering and impoverishment afflicting the nation.

    Read Also Four Popular Celebrities Whose Marriages Crashed in 2023

    The decision to embark on this warning strike came after a meeting of the National Executive Council (NEC) on Thursday. Comrade Joe Ajaero, the President of the NLC, conveyed the resolution during a press briefing on Friday.

    During the briefing, Ajaero stated, “NEC in session of NLC resolved to embark on a total and indefinite shutdown of the nation within 14 working days or 21 days from today until steps are taken by the government to address the excruciating mass suffering and the impoverishment experienced around the country.”

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    The strike will begin with a two-day warning strike, aiming to demonstrate the NLC’s readiness for an indefinite strike later in the month. Additionally, it calls for the government to vacate the illegally occupied national headquarters of the National Union of Road Transport Workers (NURTW).

    Furthermore, the NLC plans to organize mass protests and rallies in Imo State within the month of September.

    Ajaero voiced concerns about the government’s renewed crackdown on labor unions and their leaders. He explained that the strike action is a result of the government’s failure to engage in meaningful dialogue with relevant stakeholders.

    Pay Attention To OPEC members petroleum prices per litre: Libya ₦24, Iran ₦22 (Full List)

    Specifically, the Federal Government has neglected to reach an agreement with organized labor on critical issues related to the recent increase in petroleum prices, which has resulted in significant hardship for Nigerian workers and the general population.

    Additionally, Ajaero raised the alarm about alleged police invasions and occupations of the national headquarters of the NURTW, purportedly under the instructions of certain influential figures claiming to represent the President of Nigeria.

    As the nation awaits the outcome of these developments, the NLC’s warning strike serves as a reminder of the pressing issues that demand attention, especially concerning economic hardships, workers’ rights, and the state of labor unions in Nigeria.

  • Four Popular Celebrities Whose Marriages Crashed in 2023

    Four Popular Celebrities Whose Marriages Crashed in 2023

    In Nigeria’s vibrant entertainment industry, celebrity marriages have always been a topic of immense interest and scrutiny. Whether it’s the glitz and glamour of extravagant weddings or the rollercoaster of emotions that follow, these unions are never far from the public eye.

    Unfortunately, the year 2023 has seen its fair share of high-profile marriages ending in heartbreak, leaving fans and observers in disbelief.

    Here are four celebrity marriages that have unfortunately crashed in 2023.

    Bolanle Ninalowo

    Ninalowo and wife
    Ninalowo and wife

    Fans were left speechless when news filtered in that the 17-year-old marriage of popular Nollywood actor, Bolanle Ninalowo, and his wife, Bunmi, had ended.

    Ninalowo shared the sad news via his Instagram page on Friday, adding that the split was for the best of everyone involved.

    This won’t be the first time the couple would be making headlines for their relationship hitting the rocks.

    Read Also Breaking: DSS arrests CBN deputy gov Kingsley Obiora (photo)

    In 2017, the actor in an interview with Genevieve Magazine confirmed that after 12 years together then, he and his wife had decided to end things. They, however, reunited in 2018.

    Yomi Gold

    Yoruba actor and producer Yomi Alore aka Yomi Gold, announced the end of his second marriage to his wife, Meenah, in January 2023.

    Gold took responsibility for the marriage crashing, tagging his wife, a ‘good person,’ while announcing the split.

    Read Also Tinubu Unveils Ambitious 8-Point Agenda for Nigerians

    BRed

    Nigerian artiste Adebayo Adeleke aka BRed’s marriage to wife, Faith Johnson, hit the rocks in 2023 amidst allegations of abuse and infidelity.

    The estranged couple, who share a son, Adetayo Oshioke Adeleke, born in 2019, have since unfollowed each other on Instagram and continued to lambast each other on social media.

    Faridah Sobowale

    Demola Odulaja and Farida Sobowale

    Farida’s attempted suicide sent shockwaves through the news circuit when the distressing news surfaced online. The Lagos socialite’s desperate act followed the abrupt collapse of her two-month-old marriage to her now-estranged husband, Demola Odulaja.

    Best Happy New Month Messages for Loved Ones in September”

    In an exclusive interview with Yoruba social commentator ArewaTopeFamous, Odulaja pointed to Farida’s alleged promiscuity as the primary reason behind the marital breakdown.

    This story serves as a stark reminder of the complex and often painful realities that can accompany personal relationships, even for individuals in the public eye.

  • DSS arrests CBN deputy gov Kingsley Obiora (photo)

    DSS arrests CBN deputy gov Kingsley Obiora (photo)

    Central Bank Deputy Governor Detained Amidst Investigation into CBN

    In a surprising turn of events, Kingsley Obiora, the Deputy Governor of the Economic Policy Directorate of the Central Bank of Nigeria (CBN), has been detained by officials of the Department of State Services (DSS). This unexpected development has sent shockwaves through the CBN, leaving many of its staff bewildered and anxious.

    Read Also Tinubu Unveils Ambitious 8-Point Agenda for Nigerians

    The news of Obiora’s detention was confirmed by a security source who chose to remain anonymous. The source also disclosed that Obiora is not the only CBN official currently in DSS custody, but they refrained from revealing the identities of the others.

    Kingsley Obiora, CBN deputy governor Arrested by DSS
    Kingsley Obiora, CBN deputy governor

    Reports suggest that Kingsley Obiora’s detention is related to the activities of the Special Investigations Panel established by President Bola Tinubu. This panel was tasked with investigating the tenure of the suspended Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele.

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    Speculations indicate that the Special Investigations Panel is pressuring Obiora to serve as a witness against Emefiele, the suspended bank chief. Notably, while other senior officials of the CBN have faced questioning, Obiora is not facing allegations of fraud or theft.

    Kingsley Obiora, a former policy chief at the International Monetary Fund (IMF), played advisory roles for former Finance Minister Ngozi Okonjo-Iweala and Godwin Emefiele until his appointment as one of CBN’s four deputy governors on March 2, 2020.

    Despite the pressure and scrutiny surrounding him, sources suggest that Obiora has been highly cooperative throughout the investigation, despite the panel’s persistent efforts to extract more information from him.

    The circumstances surrounding the detention of a senior CBN official have raised questions and concerns within Nigeria’s financial sector. As the investigation unfolds, there is keen interest in how this development will impact the ongoing inquiry into the CBN’s leadership and operations.

    The Nigerian public awaits further updates on this unfolding story, as authorities continue their investigations into the tenure of the suspended CBN Governor, Godwin Emefiele, and the role played by key figures such as Kingsley Obiora