Month: April 2025

Naira Depreciates N1,629/$ In Official Market

ADEOLA YUSUF

The Naira yesterday depreciated to N1,629 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to N1,629 per dollar from N1,600 per dollar last week Friday, indicating N29 depreciation for the naira. READ ALSO: NCDMB’s Ezeobi Authors Nigeria’s First Book on Local Content Strategic Communication MC Oluomo’s Successor At Lagos NURTW, Tafa Sego, Escapes Assassination IGP Makes U-Turn, Withdraws Invitation To Emir Sanusi Supreme Court Sacks Abure As Labour Party Chairman…

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NCDMB’s Ezeobi Authors Nigeria’s First Book on Local Content Strategic Communication

ADEOLA YUSUF

As stakeholders in the Nigerian oil and gas industry gear up to mark 15 years of the enactment and implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, a new book that captures some of the thrills and highlights of the local content policy has just been unveiled to the reading public. Platforms Africa reports that this book, which pioneers documented scholarly work on local content strategic communication is titled; “Nigeria’s Local Content: A Journey of Strategic Communication and Economic Transformation,” Written by Dr. Obinna Ezeobi, a…

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MC Oluomo’s Successor At Lagos NURTW, Tafa Sego, Escapes Assassination

ADEOLA YUSUF

The Chairman of the Lagos State Council of the National Union of Road Transport Workers (NURTW), Alhaji Mustapha Adekunle Adio, popularly known as Tafa Sego, narrowly escaped an assassination attempt on Saturday after six armed men reportedly stormed his residence in Surulere, Lagos, with the intent to kill him. Fortunately, he was not at home at the time of the attack. Sources revealed that the assailants arrived his residence at Gbadamosi Close, Surulere, around 11pm on Saturday night . Upon arrival, they encountered only the security guard, whom they tied…

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‘After Relegation,’ Juric Sacked As Southampton Manager

ADEOLA YUSUF

. He lasted just 107 days at St Mary’s and oversaw only one victory in the Premier League   Southampton have reached an agreement with manager Ivan Juric to leave following relegation from the Premier League on Sunday. Juric was appointed as Russell Martin’s successor on an 18-month deal in December but has won just two of his 16 matches. Sunday’s 3-1 defeat at Tottenham consigned the rock-bottom Saints to the earliest relegation in Premier League history with eight games still to play. The loss against Spurs was Southampton’s 25th…

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I Don’t See Who Can Unseat Tinubu In 2027 – Aide

ADEOLA YUSUF

Tope Fasua, the Special Adviser to President Bola Tinubu on Economic Affairs in the Office of the Vice President, has expressed confidence in the President’s chances of securing re-election in 2027. Fasua claimed that he does not see who could remove Tinubu from office comes 2027 during Nigeria’s Presidential election. He noted that other political parties lack both the platform to pose a challenge to Tinubu. In a recent interview with broadcast journalist, Seun Okinbaloye, Fasua said, “I don’t see who will remove [Bola Ahmed] Tinubu in 2027. READ ALSO:…

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‘Reject It,’ Group Tasks Tinubu On $1.08Bn W’Bank Loan, Missing N233Bn

ADEOLA YUSUF

The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to reject the recently approved $1.08 billion World Bank loan. The organisation is urging the president to order an investigation into allegations that over N233 billion in public funds are missing, diverted, or unaccounted for by the Nigerian Bulk Electricity Trading Plc (NBET) and several other Ministries, Departments, and Agencies SERAP, in a letter dated April 5, 2025, stressed that the loan is unnecessary and not in the public interest, particularly given the country’s crippling debt burden…

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IGP Makes U-Turn, Withdraws Invitation To Emir Sanusi

ADEOLA YUSUF

The Inspector-General of Police, Kayode Egbetokun, has withdrawn the invitation extended to the Emir of Kano, Alhaji Muhammadu Sanusi. However, Egbetokun has directed the Kano State Command of the force to obtain Sanusi’s statement regarding the incident. The police chief issued the directive through the Force spokesperson, Olumuyiwa Adejobi. The Emir had been summoned over an alleged murder during last Sunday’s Sallah festivities in Kano. READ ALSO: Saudi Arabia Bans Visas For 14 Countries Ahead Of Hajj: Why Is India On The List? Obama Slams Trump Over Media Crackdown, Tariffs,…

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FULL LIST: 14 Countries Saudi Slammed Visa Ban On Ahead of Hajj . Why India Is On The List

ADEOLA YUSUF

. Why India Is On The List Saudi Arabia has temporarily suspended the issuance of Umrah, business, and family visit visas for citizens of 14 countries, including India, effective until mid-June 2025, coinciding with the end of the Hajj pilgrimage season. This decision, as per the reports, aims to address overcrowding and safety concerns during Hajj. The Saudi authorities have set April 13, 2025, as the last date for issuing Umrah visas, with no new visas of these types granted to nationals of the affected countries until after Hajj concludes.…

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Obama Slams Trump Over Media Crackdown, Tariffs, Others

ADEOLA YUSUF

Former United States President Barack Obama has criticised some recent actions of President Donald Trump, accusing the current administration of clamping down on the media, targeting political opponents, and threatening institutions that promote diversity and free expression. Obama made the remarks during a conversation with Hamilton College President, Steven Tepper, where he expressed concern over what he described as troubling trends under Trump’s leadership. He particularly faulted the White House’s decision to revoke The Associated Press’s access to key West Wing areas after the news agency refused to adopt the…

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NDLEA Arrests 2 Brothers At Lagos Airport With 5kg Cocaine in Suitcases

ADEOLA YUSUF

Operatives of a Special Operations Unit of the National Drug Law Enforcement Agency, NDLEA, have arrested two brothers: John Abugu, 43, and Kenneth Abugu, 31, at the Murtala Muhammed International Airport, MMIA Ikeja, Lagos with 5kilograms cocaine concealed in walls of their suitcases while attempting to board a flight to India. The agency’s Director of Media and Advocacy, Femi Babafemi, disclosed this on Sunday in a statement. Babafemi stated that the two brothers were arrested at the Lagos airport on Thursday 3rd April 2025 following proactive processing of credible intelligence.…

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