Davido Drops Music Video of ‘Ogechi’

Nigerian megastar, Davido, on Friday released the official music video for “Ogechi” on his YouTube channel. Truthng reports that the song originally by BoyPee, Hyce, and Brown Joel, gained popularity on TikTok and Nigerian airwaves before the remix featuring Davido was released. Davido jumped on the track, ‘Ogechi’, days before …

Read More »

Naira depreciates by 1.92% against dollar at official market

  THE Naira on Friday depreciated at the official market, trading at N1,596.92 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the Naira lost N30.10. This represents a 1.92 percent loss when …

Read More »

Senate Introduces Bill to Establish Local Government Election Commission

●Rejects agency to regulate transport industry, profession ●Oshiomhole says FRSC no longer effective A bill seeking the establishment of a federal agency for the conduct of local government elections in Nigeria was introduced in the Senate on Thursday. Entitled “Local Government Independent Electoral Commission (Establishment) Bill, 2024 (SB. 531),” the …

Read More »

Court Dismisses SERAP‘s Suit on Deactivated Lines

Justice Yelim Bogoro of the Federal High Court in Lagos has dismissed a suit filed by the Socio-Economic Rights and Accountability Project (SERAP) challenging the legality of the presidential directive barring SIM cards not linked with the National Identification Number (NIN). Justice Bogoro held in her judgment that the federal government’s directive …

Read More »

Naira Appreciates by 0.94% against Dollar at Official Market

THE Naira on Thursday appreciated at the official market, trading at N1,566.82 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the Naira gained N14.83. This represents a 0.937 per cent gain when …

Read More »

Reps Back N500bn Allocation to Housing Ministry

THE House Committee on Housing and Habitat said, increasing the budgetary allocation of the Federal Ministry of Housing and Urban Development to N500 billion would reduce  housing deficit in Nigeria. The Chairman of the Committee, Hon. Abdulmumin Jibrin made this known during the committee’s oversight function to the Ministry on …

Read More »

Zelensky To Address UK Cabinet in First Visit Under Starmer

Ukrainian President Volodymyr Zelensky is to address an extraordinary meeting of the UK Cabinet on Friday as Prime Minister Keir Starmer underlines Britain’s ongoing support for Ukraine. The Ukrainian president will be the first official visitor to Downing Street under Starmer’s premiership, and the first foreign leader to address the …

Read More »

Nigeria’s External Reserves Surge To $35.77bn – CBN

Nigeria’s external reserves increased to $35.77 billion on Thursday up from the $33.09 Billion at the end of 2023. This is according to Thursday’s data from the Central Bank of Nigeria on the country’s external reserves movement. The figure represents a $2.68 billion increase in the country’s external reserves in …

Read More »