Naira Breaks N1,500 Barrier, Records Strongest Rally in Seven Months

Naira Official rate falls to N1,497.5 per dollar Black market stable at N1,537 per dollar External reserves surge to $41.7bn The Naira appreciated below N1,500 per dollar at the official…

Sodiq Olaitan

Elon Musk Buys $1bn Tesla Stock

Tesla rebounds 6.2% as Elon Musk deepens stake Board weighs $1 trillion compensation package UK backlash trails Musk’s political remarks Elon Musk’s $1 billion Tesla stock purchase has pushed the…

Sodiq Olaitan

Seven Injured in Collided Truck Crash Along Ogbomoso-Ilorin Road

A reckless overtake turned deadly on Monday when two trucks collided along the busy Ogbomoso-Ilorin Federal Road, leaving seven men with serious injuries. The crash happened around midday at Arinkinkin…

Oluwagbogo Dada

Tobi Amusan Pockets $55,000 After World Championships Silver Win

Tobi Amusan won silver in the 100m hurdles at the World Championships in Tokyo. She earned $55,000 in combined prize money and bonuses. The feat reinforces her standing among the…

Alabi Abeeb

Super Eagles’ World Cup Hopes Boosted by Eritrea Exit

The Super Eagles’ World Cup hopes revived after Eritrea’s withdrawal. Nigeria sit third in Group C with 11 points. Their fate now rests on CAF’s ruling. The Super Eagles found…

Alabi Abeeb

FG Suspends 4% FOB Levy on Imported Goods Amid Trade Concerns

FG halts implementation of 4% FOB levy on imports. Suspension follows stakeholder consultations over inflationary and competitiveness risks. Customs directed to comply while framework review is conducted. The Federal Government…

Sodiq Olaitan

Only Senate or Court Can Decide Sen Natasha’s Resumption, Says NASS Clerk

Clerk to National Assembly clarifies it has no power to reverse Senator Natasha’s suspension. Senator Natasha’s attempt to resume duties on September 4 blocked administratively. Resolution now rests entirely with…

Sodiq Olaitan

Ex-Barca Defender Samuel Umtiti Retires from Football at 31

Samuel Umtiti has retired from football at the age of 31. He is best remembered for his 2018 World Cup semi-final win. Injuries ultimately cut his career short. Samuel Umtiti…

Alabi Abeeb

Nigeria’s Inflation Falls to 20.12% in August, Fifth Consecutive Decline

Nigeria inflation drops from 21.88% in July to 20.12% in August. NBS confirms moderation in urban, rural, food and core inflation. CBN projects lending rates may ease as macroeconomic stability…

Sodiq Olaitan

Manchester City Sack Barman for Wearing United Shirt on Derby Day

Manchester City fired a bar worker spotted in a Manchester United shirt during the derby. A fan’s post on X drew uproar and led to his sacking straight away. The…

Alabi Abeeb