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The naira plunged to a record low of N925/$1 on the parallel market yesterday as demand for foreign currency outstripped supply. The exchange rate between the naira and dollar has weakened by 19.8% since the reunification of the exchange rate windows. This compares to a depreciation of 2.5% between January 1 and June 14th (before the unification). The exchange rate ...
Celebrity
August, 2023
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10 August
Sanusi Meets Niger Coup Leaders, reports to Tinubu
Alhaji Muhammadu Sanusi, 14th Emir of Kano, has met with the coup leaders in Niger Republic. The former governor of the Central Bank of Nigeria (CBN) met the military leadership after the junta aborted a meeting with representatives of African Union (AU), Economic Community of West Africa States (ECOWAS) and a top US diplomat. A delegation raised by ECOWAS could ...
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9 August
How great author D.O. Fagunwa died, “mysteriously” drown in a river !
The man, Fagunwa a renowned author died tragically in a river, unknown to many! Daniel Olorunfemi Fagunwa, a native of Oke-Igbo in Ondo State who was relatively unknown until his first book, Ogboju Ode Ninu Igbo Irunmole, first hit the shelves in 1938, was a special breed. His style of writing was mystic, so many locals found it hard to ...
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9 August
Lauren James apologies, gets FIFA bans for rest of tournament
England sensation in the ongoing Women’s World Cup, Lauren James, got a red card after stamping on Nigeria’s defender, Alozie. James was marked out of the game causing her frustrations on the pitch. With the scores still at 0-0, James was sent off for stamping on Michelle Alozie in the 70th minute. The referee had initially brandished a yellow before ...
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9 August
Dr Vwaere, buried ,NMA demands inspection of all public elevators !
The Nigerian Medical Association has called on the Lagos State government to offer psychological support for the family of the late Dr Vwaere Diaso. Dr Vwaere Diaso, who died in an elevator accident at the Lagos General Hospital on Tuesday, August 1, has been laid to rest. This was made known in a series of posts by her sister, simply ...
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9 August
Husband of 2 wives smartches head of one against wall, kills her!
30-year-old woman, Rafiat Okewole has been allegedly killed by her husband, Wole. 41-year-old husband, woke, is married to two wives, though both are living separately from him now; for inability to care for their needs. YOUNEWS gathered ,he smarshed her head against the wall during a fistcuff. Her demand for monetary upkeep for the children, we were told ,was what ...
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9 August
Niger Coupist explains rejection of Abdulsalami’s envoy, others
Yesterday, Niger’s military leaders rejected the latest diplomatic mission from African countries aimed at restoring constitutional order after the July 26 coup. The military leaders, according to the BBC, said they could not accept a high-level diplomatic visit because there would be a risk to the visitors’ security. Delegates from the ECOWAS, the African Union and the United Nations had ...
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9 August
Tinubu disconnects 150 megawatts electricity daily to Niger Republic !
It’s sanction time, after the expiration of ultimatum..and Economic Community of West Africa States (ECOWAS) has imposed fresh sanctions over the coup in Niger Republic. President Bola Tinubu who leads the regional body announced this through his spokesman, Ajuri Ngelale, Tuesday. Nigeria had, Wednesday, disconnected the supply of 150 megawatts of electricity daily to Niger Republic as part of the ...
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9 August
Tinubu includes 400 U.I student in tax reform, hailed for revenue drive pedgree
President Bola Tinubu, on Tuesday, set a 30-day tax reform target. Many of our existing laws are out-dated, hence, they require comprehensive updates to achieve full harmonisation to address the multiplicity of taxes, and to remove the burden on the poor and vulnerable while addressing the concerns of all investors, big and small,” he said. The Special Adviser to the ...
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8 August
Pastor Taiwo Odukoya who suffered death of wives 1& 2, twins sister, is dead !
Pastor Taiwo Odukoya, the senior pastor of Fountain of Life Church, is dead. The church confirmed his demise on its official Facebook page on Tuesday. He was said to have died in the United States of America (USA) on Monday. The church said: “The fountain of Life Church Family, in total submission to the will of God Almighty announces the ...
