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The Federal Government has dismissed as fabricated a viral list claiming that 136 Nigerians are held in Ethiopian prisons, insisting that only 98 inmates fall under the newly signed Transfer of Sentenced Persons Agreement between Abuja and Addis Ababa. Minister of Foreign Affairs, Amb. Bianca Odumegwu-Ojukwu, made the clarification in a statement issued on…
A leadership crisis has erupted within the Indigenous People of Biafra after the Directorate of State, which serves as the movement’s apex administrative organ, indefinitely suspended the office of its detained leader, Nnamdi Kanu, only days after Kanu announced he had dissolved that same body. The standoff began on Wednesday, June 17, 2026, when a…
The naira weakened to N1,410 against the United States dollar in the parallel market on Thursday, easing from N1,405 a day earlier, as renewed demand pressure pushed the currency lower across both segments of Nigeria’s foreign exchange market. At the official window, the currency also lost ground. Data from the Central Bank of Nigeria…
Former chairman of the Independent National Electoral Commission, Professor Mahmood Yakubu, has arrived in Doha to begin work as Nigeria’s ambassador to Qatar, moving from one of the country’s most scrutinised domestic offices onto one of the world’s busiest diplomatic and financial stages. Yakubu was received on Wednesday at Hamad International Airport by Ambassador Ibrahim…
US Vice President JD Vance delayed his diplomatic mission to Switzerland following a surge in Israeli military operations inside southern Lebanon. The white-hot regional friction threatens to derail a newly minted memorandum of understanding aimed at ending the 112-day war between Washington and Tehran. Speaking from the White House, Vance aggressively defended the preliminary accord…
The Nigerian Exchange Limited is dismantling its uniform price-discovery framework to restore liquidity and ease trading bottlenecks in high-priced equities. The bourse plans to revert to a graduated, three-tier volume structure heavily inspired by its 2018 market-microstructure guidelines. This regulatory shift cancels the blanket 100,000-unit requirement implemented in recent years to police equity price adjustments….
The Nigerian naira opened trading today, holding firm within its familiar N1,360 threshold at the official foreign exchange window. Latest transactional data shows the local currency hovering around N1,360.50 per US dollar at the official Nigerian Foreign Exchange Market. The parallel market mirrors this relative calm, with street traders quoting buying and selling rates between…
Co-hosts Mexico secured safe passage into the World Cup knockout rounds as Group A winners after edging past South Korea 1-0 at a delirious Guadalajara Stadium. The narrow triumph moves the Central American nation to six points from two matches, guaranteeing them top spot with one fixture remaining. This early qualification represents a dramatic structural…
The Super Falcons will enter the upcoming Women’s Africa Cup of Nations as the highest-ranked team on the continent after holding onto 36th place globally. FIFA released its final women’s world rankings update on Thursday before the upcoming continental tournament in Morocco. Despite securing back-to-back victories in international friendlies earlier this month, the reigning continental…
Canada secured its first-ever men’s World Cup victory with a clinical 6-0 demolition of a nine-man Qatari side at Vancouver’s BC Place Stadium. The co-hosts had lost all six of their previous matches across the 1986 and 2022 tournaments, but they shattered that historical slump in emphatic fashion before a capacity crowd. Striker Jonathan David…
