Monday , 15 June 2026

NewsReports

Naira Drops To N956/$ As Dollar Supply Falls By 46%

The naira fell, on Thursday, to N956/$ on the official Investor and Exporter forex window as dollar supply declined by 46.77 per cent. This is a 13.78 per cent decline from the N840.53/$ the naira closed trading on Wednesday according to data from the FMDQ Securities Exchange. Also, the turnover of dollars traded in the market fell to $105.50m from …

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Jega, Babachir, Others Reflect On INEC, 2023 Elections Amid Fresh A’Court Verdicts

• How prominent politicians manipulate voter registration, by ex-commission’s boss• INEC too centralised, must be restructured ahead of 2027, says analyst• Babachir: 2023 polls created divisions among Nigerians on religious, ethnic lines• Court reverses sack of Nasarawa gov Sule, Ombugadu heads to S’Court• Appeal Court dismisses PDP’s case against Gombe gov Inuwa• Kano APC stakeholders decry alleged threat to life, …

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4-Day Truce Begins In Israel-Hamas War, Sets Stage For Release Of Dozens Of Gaza-Held Hostages

DEIR AL-BALAH, Gaza Strip — A four-day truce in the Israel-Hamas war took effect early Friday, setting the stage for the exchange of dozens of hostages held by militants in Gaza in return for Palestinians imprisoned by Israel. The halt in fighting promised some relief for Gaza’s 2.3 million people, who have endured weeks of Israeli bombardment, as well as families …

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Climate Change: UN Agencies seek Protection For Children

The United Nations agencies have said pregnant women, babies, and children face extreme health risks from climate catastrophes that warrant urgent attention. They called on world leaders to ensure newborns and children among others are protected from the impacts of climate change. Climate change is a major intergenerational injustice of our times. Safeguarding the health and rights of women, children, …

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Why U-turn Is Needed After 60yrs Of Oil Dependence — Stakeholders

Stakeholders from various sectors have called on the Federal Government, FG, to make a significant U-turn after six decades of heavy reliance on petroleum resources. They emphasized that Nigeria possesses vast arable land, a large labor force, and a vibrant entrepreneurial spirit, which could be harnessed to drive growth and create employment opportunities. The call was made by the executive …

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Kogi Freezes State, LG Accounts

The Kogi State Government has issued a directive to freeze all state and local government accounts, effective immediately. A Thursday statement signed by the Commissioner for Finance, Asiwaju Asiru Idris, said no form of payment should be made to anyone from the government account henceforth. According to the statement, all “standing orders and investment instructions are hereby cancelled forthwith”. However, …

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House Urges FG To Grant Tax Incentives To Firms Engaged In Dev’t Of Public Schools, Hospitals

The House of Representatives has called on the Federal Government to consider granting tax incentives to more companies engaged in the infrastructural development of public schools and hospitals under the Infrastructure Development and Refurbishment investment Tax Credit (RITC) Scheme. The resolution of the House was sequel to the adoption of a motion sponsored by Hon. Nnolim Nnaji and eight others …

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FG To Evacuate Nigerian Refugees From Cameroon, Chad, Niger Republic – Minister

“Registration of refugees for the voluntary evacuation is ongoing in collaboration with the UN Agency for Refugees (UNHCR),” the minister stated. File Photo: Nigerian-Refugees He, however, applauded the Borno state government for its commitment to the welfare of the people welfare while assuring the commission’s support at all times. He noted that the commission had already established a resettlement city …

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Oye hails Metwest Steel’s Commitment To Nigeria’s Economy

…applauds efforts in battery production for renewable, cleaner energy Dele Kelvin Oye Esq., National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA),  has applauded Metwest Steel Limited for its great strides in the manufacturing and trading industry, contributing effectively to the growth and development of Nigeria’s economy. In a letter of commendation, Oye hailed the firm …

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Edo Partners IOM To Intensify Fight Against Irregular Migration

Edo State Government, in partnership with the International Organization for Migration (IOM), has intensified the fight against illegal migration and human trafficking in the State.  This is as they equip vulnerable persons in the area of Mental Health and Psychosocial imbalance in various communities across Edo. The commitments were made during stakeholders’ engagement on dialogue validation involving IOM, the State …

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