Author: Memudu Hussein

Nigeria’s Foreign Exchange Reserves Rise by $621.2 Million in 10 Days Due to Successful Dollar Bond Sale

Nigeria’s foreign exchange (FX) reserves saw an increase of $621.2 million within 10 days, thanks to the successful sale of a domestic dollar bond, according to data from the Central Bank of Nigeria (CBN). The reserves grew from $36.24 billion on September 2, 2024, to $36.87 billion by September 12, 2024, highlighting the positive impact […]

President Tinubu Praises Military for Recent Successes Against Terrorism in Northwest Nigeria

In a significant development, President Bola Tinubu has expressed relief and optimism following a series of successful military operations targeting terrorist threats in Nigeria’s northwest region. In a statement released on Saturday, the president emphasized the military’s dedication to restoring peace and stability amid ongoing security challenges. The operations, conducted by troops from Operation Hadarin […]

Suspect Narrates How Native Doctor He Met On TikTok; Directed him to Dismember Kogi University Student For Money Ritual

The Kogi State Police Command has arrested and paraded four suspects in connection with the gruesome killing of Damilola Olowoyo, a 19-year-old first-year student of the Federal University Lokoja. The main suspect, Jeremiah Paul, 20, was apprehended along with three accomplices: Emmanuel Otitoju, Banabas Olugbenga, and Ajayi Basit Ayomide. Paul, a native of Chikun Local […]

FBI Arrests Nigerian at JFK Over $10M COVID Fraud Scheme

Four years ago, during the height of the COVID-19 pandemic, while many fought to save lives, others exploited the crisis for personal gain. One such individual is Yomi Jones “Sabbie” Olayeye, a 40-year-old Nigerian accused of attempting to defraud the U.S. government of $10 million in unemployment benefits and receiving $1.5 million in pandemic relief […]

Nigeria Begins Rollout of 5,000 Mpox Vaccines as DRC Prepares for First Shipment of 65,000 Doses

Nigeria has commenced the immediate distribution of 5,000 doses of the mpox vaccine, prioritizing high-risk individuals such as health workers and residents in areas with high infection rates. The National Primary Healthcare Development Agency confirmed this as part of efforts to control the multi-country outbreak. Matshidiso Moeti, WHO’s Regional Director for Africa, welcomed the delivery […]

Chevron Nigeria Spends Over $1 Billion Annually on Local Content Development

Chevron Nigeria Limited (CNL) has announced that it spends over $1 billion each year to support local content development and create contract opportunities across its various projects in the country. This was revealed by CNL’s General Manager for Policy, Government, and Public Affairs, Mr. Olusoga Oduselu, during a one-day Media Capacity Training for members of […]

Come out Boldly and Call me a Mole – Wike Dares PDP Leaders

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has boldly challenged any Peoples Democratic Party (PDP) governor or leader to publicly accuse him of being a mole. Speaking during an interview on Politics Today on Channels Television, Wike expressed frustration over ongoing accusations within the party. Wike disclosed that before accepting his ministerial […]

Delta Governor Sacks Special Adviser Over Alleged Links to Murder of Sand Dealer

Delta State Governor Sheriff Oborevwori has terminated the appointment of Eruteyan Ejiro Eradajaye, his Senior Special Assistant on Special Duties, following allegations linking him to the murder of Sam Ophie, a sand dealer in the Adagbrassa-Ugolo community. Eradajaye, who is also the chairman of the community, was reportedly involved in a confrontation with Ophie at […]

HRW Condemns Treason Charges Against Nigerian Protesters Amid Government Crackdown

Human Rights Watch (HRW) issued a statement on September 6 condemning the treason charges against protesters in Nigeria. A total of 124 people were arrested during the #EndBadGovernanceInNigeria campaign in August, with 10 facing treason charges, a crime punishable by death. HRW’s Anietie Ewang criticized the charges, warning that the Nigerian government’s actions reflect an […]

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