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Akpabio denies promising APC tickets to Senators who lost in primaries
News

Akpabio denies promising APC tickets to Senators who lost in primaries

Senate President, Godswill Akpabio, has debunked reports claiming that he promised automatic senatorial tickets to lawmakers who were defeated in the recent All Progressives Congress (APC) primary elections.This follows remarks he made while addressing senators upon their return from a three-week recess and the Eid-el-Kabir holiday.Akpabio expressed optimism that efforts were being made to address concerns arising from the party’s primary process.Speaking at the plenary session, the Senate President acknowledged the challenges faced by some lawmakers and noted that the leadership of the Senate was working to minimise disappointments among members.However, in a statement issued on Saturday by his Special Adviser on Media and Publicity, Eseme Eyiboh, Akpabio said reports clai...
CBN Introduces New Forex Regulations, Penalises Banks for Documentation Violations
Business

CBN Introduces New Forex Regulations, Penalises Banks for Documentation Violations

The Central Bank of Nigeria (CBN) has introduced a ₦100 million penalty for banks and authorised dealers that process foreign exchange transactions without adequate documentation.The sanction is contained in the offences and sanctions section of the fourth edition of the CBN Foreign Exchange Manual, released by the apex bank’s Trade and Exchange Department in May 2026.According to the manual, authorised dealers involved in such transactions will pay ₦100m, in addition to ₦10m for each affected transaction.The manual stated, “Authorised dealers shall pay ₦100m in addition to ₦10m per transaction” for consummating foreign exchange transactions with inadequate documentation.The revised manual, the first major update since 2017, is expected to serve as a regulatory guide f...
Peter Obi left Labour Party with ₦12 billion and $15 million, Arabambi alleges
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Peter Obi left Labour Party with ₦12 billion and $15 million, Arabambi alleges

Factional National Publicity Secretary of the Labour Party, Abayomi Arabambi, has accused former presidential candidate Peter Obi of leaving the party with large sums of money belonging to the Labour Party.Abayomi made the claim during an interview with Nevon HQ, saying that the party had about ₦12 billion in one of its accounts and another $15 million in a separate dollar account.He alleged that Peter Obi left with the funds and distanced himself from the party afterward.Arabambi also said Obi had never personally earned such an amount in his career, insisting that the figures being discussed were beyond his known financial history.He further claimed that one of Obi’s companies in the United Kingdom went into bankruptcy due to a debt of about £900,000.He added that leg...
Dollar To Naira Exchange Rate Today, June 6th, 2026
Business

Dollar To Naira Exchange Rate Today, June 6th, 2026

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?See the black market Dollar to Naira exchange rate for 5th June, below. You can swap your dollar for Naira at these rates.How much is a dollar to naira today in the black market?Dollar to naira exchange rate today black market (Aboki dollar rate):The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players sell a dollar for ₦1400 and buy at ₦1385 on Friday 5th June, 2026, according to sources at Bureau De Change (BDC).Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respec...
DLA Refunds ₦10.8 Million Presidential Nomination Fee to Former Aspirant
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DLA Refunds ₦10.8 Million Presidential Nomination Fee to Former Aspirant

The Democratic Leadership Alliance (DLA) has refunded ₦10.8 million to former presidential aspirant Mrs. Abisayo Busari-Akinnadeju following her resignation from the party.Busari-Akinnadeju confirmed the development in a statement issued on Friday, noting that while the party had returned most of the money she paid for the 2027 presidential nomination form, an outstanding balance of ₦1.2 million is yet to be paid.She disclosed that she resigned from the party on May 28, citing concerns over the alleged imposition of a consensus candidate through a process she claimed violated provisions of the Electoral Act 2026. According to her, she was also removed as a cleared aspirant through a disciplinary procedure after refusing to support the consensus arrangement.While expressing appr...
Court Reserves Ruling on Blessing CEO’s Bail in ₦36 Million Fraud Case
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Court Reserves Ruling on Blessing CEO’s Bail in ₦36 Million Fraud Case

Justice D.I. Dipeolu of the Federal High Court in Ikoyi, Lagos, has reserved ruling on the bail application filed by social media personality and relationship therapist, Blessing CEO, whose real name is Okoro Blessing Nkiruka.The court fixed June 9, 2026, for the decision after hearing arguments from both the prosecution and defence.Blessing CEO is being prosecuted by the Economic and Financial Crimes Commission (EFCC) over a two-count charge bordering on alleged fraud and stealing involving ₦36 million.According to the EFCC, she allegedly collected ₦36 million from a petitioner after claiming she could secure the lease of a six-bedroom detached duplex located in Lekki, Lagos. The anti-graft agency maintains that the claim was false and that the money was diverted for personal ...
The 2026/27 Premier League season officially starts!
Sports

The 2026/27 Premier League season officially starts!

All the details as promoted clubs join the Premier League and the league table is resetThe 2026/27 season has officially begun today!At today's Premier League's Annual General Meeting (AGM) the change from 2025/26 to the 2026/27 campaign was formalised. Following their respective promotions from the EFL Championship, Coventry City, Ipswich Town and Hull City can now officially state that they are part of the Premier League.What has happened?The three clubs who were relegated - Wolverhampton Wanderers, Burnley and West Ham United - transferred back the share certificates that gave them Premier League status, and the Premier League Board confirmed the cancellation of these shares. A new share certificate for each of the promoted clubs was then signed by the ...
BREAKING : Makinde Restricts Nighttime Motorcycle Operations to Tackle Insecurity in Oyo
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BREAKING : Makinde Restricts Nighttime Motorcycle Operations to Tackle Insecurity in Oyo

Governor Seyi Makinde of Oyo State has signed an Executive Order restricting motorcycle operations across the state between 10:30 p.m. and 5:30 a.m. as part of efforts to address growing security concerns.Announcing the directive on Friday, the governor said the measure forms part of ongoing efforts to ensure the safe return of the teachers and schoolchildren recently abducted in the state.Makinde emphasized that his administration remains deeply concerned about the victims, noting that each day they spend in captivity brings pain to their families and the wider Oyo community.He reassured residents that security agencies and government officials are working tirelessly to secure the release of those kidnapped, describing the situation as one of the administration’s most pressing...
Outrage as Alleged Video of Bandits Sexaully Abusing Abducted Women Sparks National Concern  {VIDEO}
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Outrage as Alleged Video of Bandits Sexaully Abusing Abducted Women Sparks National Concern {VIDEO}

A disturbing video reportedly circulating across northern Nigeria has triggered widespread outrage and renewed concerns over the worsening security situation in parts of the region.The footage, which allegedly shows armed bandits abusing women said to have been abducted during attacks on rural communities, has generated strong reactions from citizens, civil society groups, and security observers. Authorities have yet to issue a comprehensive statement verifying the video's authenticity and the circumstances surrounding its recording.The incident has reignited public debate over the government's strategy for tackling banditry and other violent crimes that continue to affect many communities across northern Nigeria. While some stakeholders are calling for intensified military operati...
Acquire arms to defend yourselves, Emir tells citizens
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Acquire arms to defend yourselves, Emir tells citizens

The Emir of Argungu, Muhammad Samaila Mera, has urged communities in his emirate to legally acquire weapons to protect themselves against persistent attacks by bandits.The monarch also called on residents to remain vigilant and take proactive measures against terrorists and other criminal elements.He spoke during a meeting with district heads, village heads and ward heads at his palace in Argungu.The Emir said communities should consider raising funds collectively to purchase legally approved weapons for self-defence.“If you acquire such weapons legally, make sure the bandits are aware that your community possesses the means to defend itself. This alone can serve as a deterrent and discourage attacks,” he said.He said Islam does not encourage people to remain ...
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