Babatunde Junaid

US Moves to Revoke 200,000 Visitor Visas

US Enforces Hormuz Blockade, Deploys Over 15 Warships

The United States has deployed over 15 warships to the Strait of Hormuz to enforce a counter-blockade, halting maritime traffic in the world’s most critical oil chokepoint. The move follows the collapse of regional peace negotiations and a directive from Washington to secure the waterway against Iranian influence. Two China-linked oil tankers, the Rich Starry…

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Marseille Boss Rejects Nnadi Exit Rumours Amid Midfield Battle

Marseille Boss Rejects Nnadi Exit Rumours Amid Midfield Battle

Habib Beye has dismissed suggestions that Tochukwu Nnadi could leave Olympique de Marseille this summer, despite the Nigerian midfielder’s limited playing time. The 22-year-old joined the French giants from Zulte Waregem for €6 million in January but has struggled to break into a congested starting eleven. Since his arrival, Nnadi has managed only 26 minutes…

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Naira Holds Firm at N1,348 as FX Reforms Anchor Liquidity

Naira Holds Steady as Geopolitical Tensions Simmer

The naira remained largely unchanged on Thursday, trading at 1,379.50 against the dollar. Data from the Nigerian Foreign Exchange Market show the currency opened at 1,378.98 before hitting an intraday peak of 1,380.00. This stability persists despite a volatile global backdrop that threatens to upend emerging market currencies. Local trading activity stayed moderate as dealers…

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Regulator Imposes N100 Million Foreign Exchange Fines

CBN Demands Recapitalisation of DFIs to Bridge N230tn Gap

The Central Bank of Nigeria (CBN) has declared the country’s development finance sector critically undersized and in urgent need of a total overhaul. Speaking at the World Bank’s Nigeria Development Update in Abuja, CBN Deputy Governor Mohammed Sani Abdullahi revealed a staggering ₦230 trillion financing gap for micro, small, and medium enterprises (MSMEs). Nigeria’s current…

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Nigerian Stock Market Turnover Drops to N157.76bn

NGX Mobilizes African Exchanges for Cross-Border Listings

The Nigerian Exchange Group (NGX) is leading a diplomatic push to unify Africa’s fragmented capital markets through cross-border listings. Group Chairman Umaru Kwairanga and CEO Temi Popoola recently hosted heads of major bourses from Johannesburg, Nairobi, Accra, and Addis Ababa in Lagos. The goal is to move past isolated trading floors toward a single investment…

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Werder Bremen to Deploy Felix Agu in Advanced Attacking Role

Werder Bremen to Deploy Felix Agu in Advanced Attacking Role

Werder Bremen manager Daniel Thioune is preparing to move Felix Agu into a more offensive position for the upcoming clash against RB Leipzig. The 26-year-old, traditionally a full-back, has impressed the coaching staff during training with his finishing and involvement in attacking sequences. Thioune confirmed that the tactical shift is a calculated attempt to exploit…

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