Again, Naira strengthens to N1,000 per dollar at FX black market
The Naira appreciated to N1000 per US dollar as Monday’s foreign exchange market commenced. A Bureau De Change operator, Mistila Dayyabu, disclosed this to the DAILY POST. According to the BDC operator, the Naira is expected to appreciate further below the N1000 per dollar mark during the week. "The Naira is selling between N1000 and 1050 per dollar on Monday. As the week goes on, the Naira will appreciate further to below N1000 per dollar,” he said. The development came days after the Naira emerged as the best-performing currency in April, according to Goldman Sachs. Recall that on Friday,
Again, Kidnappers Abduct 2 Sisters In FCT, Demand N30m Ransom
Gunmen have invaded Guita community at Chikakore of Kubwa district in Bwari Area Council of the Federal Capital Territory (FCT), kidnapping two teenage sisters. Information gathered revealed that on Sunday around 11:25pm, six gunmen descended on the community, evading the joint patrol presence of military personnel and policemen in the vicinity. The assailants forcibly took two sisters, aged 16 and 14, through the nearby forests and hills and disappeared. This recent abductions occurred just eight days after residents of the Chikakore community staged a protest at the office of the FCT Minister, Nyesom Wike, lamenting the deplorable
Again, Wike Speaks On Reasons For Fighting Governor Fubara
FCT minister, Nyesom Wike, has said that those accusing him of demanding 25 percent from the monthly allocation of Rivers State were ignorant. Wike stated this on Thursday when a delegation of Rivers Caucus in the 10th National Assembly visited him in Abuja. “I was governor for eight years. I am now FCT Minister, and some will say that I am asking for 25 percent. That is madness,” Wike said. “I am not interested in the governance of Rivers; I am not interested. I am here as a governor in FCT, but I am interested in the political structure
Again, Gunmen Kidnap Varsity Students In Nasarawa
Gunmen suspected to be bandits, have abducted at least four students of Nasarawa State University, Keffi (NSUK). The incident, according to a source, occurred outside the school campus around Angwan Kare area of Keffi, on Monday night. This is coming barely 24 hours after former Deputy Vice-Chancellor (Academics) of NSUK, Professor Haruna Ayuba Kuje, was kidnapped on Sunday night. The affected students are Rahila Hanya (SLT), Josephine Gershon (Computer Science), Rosemary Samuel (Business Administration) and Goodness Samuel of Geography Department. Comrade Solomon Timmy, the head of the Student Union Government (SUG), confirmed the incident to newsmen on Tuesday, adding
Again, Many Killed as Gunmen Invade Benue Community
Many people have been killed in attacks on Chito community of Ukum Local Government Area of Benue State. Witnesses said the fresh killings took place in the same area where at least five persons were killed few days ago. The residents said bandits have been wasting lives over rivalry on who should dictate the pace of revenue collection in local markets. A witness who preferred anonymity, said Friday killings were a revenge by one group of the bandits against another. “The gangs are just going to each other’s village in retaliation. Yesterday, (Friday) a militia group in retaliation of
Again, gunmen attack Plateau community, kill 17 persons
Gunmen have reportedly killed 17 persons again in Barkin Ladi Local Government Area of Plateau State. The PUNCH gathered that the attack took place in Heipang community of the LGA in the early hours of Thursday. A grieving parent in the community, Julius Pam confirmed the attack to The PUNCH in Jos on Thursday. Pam said, “Good morning sir. On a sad news, there was an attack early this morning in Heipang community. A total of 17 people were killed including my brother,his wife and children, all killed.” The spokesman for the Plateau State Police Command, Alabo Alfred could not
Again, cement prices hit N6,000 over logistics, haulage costs
Fresh increases in cement prices and associated products were implemented recently by distributors across the country, as high inflation impacted the building materials market. Dealers and retailers were jolted by the new regime of prices, as they were allegedly not given any prior notice. They were apprehensive at the weekend, and many went out shopping for increased stocks in anticipation of further price increases. Nigeria’s inflation rose to 22.4 per cent in May from April’s 22.2 per cent, moving further above the upper band of the Central Bank’s 6.0 – 9.0 per cent target. Most of the building materials are
Again, Tobi Amusan Wins 100 metres Hurdles in Stockholm
By Miracle Ogunde Nigeria’s record breaking athlete, Tobi Amusan has won the women’s 100 metres hurdles at the Stockholm Diamond League. Amusan won with an impressive time of 12.52s after beating Sarah Lavin who clocked a personal best of 12.73s for 2nd and Pia Skrzyszowska in 12.78s in 3rd place. She finished in second position in the 100 metres hurdles event at the Lausanne Diamond League on Friday after Puerto Rico’s Jasmine Camacho-Quinn won the race with a time of 12.40s. The Nigerian born athlete clocked also a time of 12.47s equaling her personal best for the season, while
Again, Tribunal Shifts Atiku’s Petition Against Tinubu
By Doris Israel Ijeoma The Presidential Election Petition Court has announced an adjournment to Thursday, May 18, 2023, for the continuation of the pre-hearing of the petition brought by the Peoples Democratic Party (PDP) and its presidential candidate, Atiku Abubakar, against the President-elect, Bola Tinubu, of the All Progressive Congress (APC). The petition, which has been marked as CA/PEPC/05/2023, challenges the declaration of Bola Tinubu as the president-elect by the Independent National Electoral Commission (INEC). The PDP and Atiku Abubakar are seeking to contest the election results based on their concerns and allegations. The three respondents listed in the petition
