Edo State House of Assembly speaker has resigned from office, raising questions about the development and its implications for the state legislature.
The U.S. terminates Temporary Protected Status for Somalia and South Sudan, impacting thousands of immigrants facing uncertain futures and deportation risks.
The Central Bank of Nigeria has issued a directed to major banks on the need to secure approval for successor of outgoing Managing Directors/CEOs.
United Bank for Africa (UBA) has denied reports its head office was affected by the Lagos Island fire, clarifying the incident occurred at another building.
The Nigerian currency, the naira has appreciated to a five-month high, appreciating in official and parallel markets as reserves rose, liquidity improved.
The CBN has issued a positive forecast of the Nigerian currency, showing it might improve to around N1,400 to a dollar by the end of 2025, based on some factors.
A civil society group, Coalition for Economic Liberation and Social Justice (CELSJ), has blamed NUPENG for trying to sabotage Dangote Refinery and causing hardship.
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The naira fell in both official and parallel markets as increased forex demand lifted the dollar, though it gained slightly against euro and pound.
The naira has strengthened against the United States dollar and other currencies like euro and pound in both the official, unofficial foreign exchange markets.
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