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The Naira weakened by 2.48 percent in early Tuesday trading as corporate demand for the US Dollar intensified. Opening rates at the Nigerian Foreign Exchange Market averaged ₦1,388.38, a sharp drop from the previous week’s close of ₦1,353.90. This sudden volatility tested the Central Bank of Nigeria’s new electronic matching system. Intraday rates even touched…
Arsenal defender Ben White has received his first England call-up in over three years, marking a significant return to international football after his controversial departure from the 2022 FIFA World Cup in Qatar. The 28-year-old right-back, who has not represented the Three Lions since walking out of England’s World Cup camp for what were…
Teachers across Nigeria are confronting mounting administrative challenges as the Teachers Registration Council of Nigeria digital registration portal continues to experience persistent technical failures, forcing educators to abandon online processes and return to manual registration methods that the system was designed to eliminate. The online platform, launched in September 2025 with considerable fanfare by…
The Economic and Financial Crimes Commission has secured the conviction and sentencing of Chukwunyere Anamekwe Nwabuoku, a former Acting Accountant-General of the Federation, who was handed 72 years imprisonment for money laundering involving N868.46 million. The Federal High Court in Abuja delivered the judgment following Nwabuoku’s prosecution on nine amended counts of money laundering. The…
The National Agency for the Control of AIDS has confirmed that Lenacapavir, Nigeria’s newly introduced long-acting HIV prevention injection, will not be administered to pregnant women due to the absence of sufficient clinical evidence on its effects during pregnancy. Temitope Ilori, Director-General of NACA, disclosed this restriction during a media parley organised by the…
The Guinean Football Federation has dismissed as false reports that it lodged an appeal with the Confederation of African Football seeking to overturn Morocco’s victory at the 1976 Africa Cup of Nations tournament held in Ethiopia. The denial comes amid widespread social media circulation of claims that Guinea demanded the 1976 AFCON trophy be…
Iran on Monday issued sweeping threats to deploy naval mines across the Gulf and strike power infrastructure throughout the Middle East, defying a United States ultimatum to reopen the Strait of Hormuz as the military confrontation with Washington and Israel entered its fourth week. The Islamic Republic showed no sign of backing down ahead…
US President Donald Trump has halted threatened strikes on Iranian energy infrastructure, declaring a five-day ceasefire to pursue a “complete and total resolution” of hostilities. The reversal comes less than 24 hours after the President threatened to dismantle Iran’s electricity grid, a move that sent global markets into a tailspin. In a characteristically blunt announcement…
The Central Bank of Nigeria has been awarded Central Bank of the Year by London-based Central Banking magazine, following a series of monetary reforms credited with stabilising the Nigerian economy after years of macroeconomic distortions. The recognition centres on policy changes introduced under Governor Olayemi Cardoso, who assumed office in October 2023 amid mounting…
Terrorists have killed eight people and severed a vital international trade route after detonating improvised explosive devices (IEDs) in Niger State. The attacks, which occurred early Monday morning, targeted a bridge on the Luma-Babanna road in Borgu Local Government Area and a commercial vehicle travelling between Nuku and Woro. The destruction of the bridge has…
