In a surprising turn of events, the Nigerian Naira has experienced a rapid appreciation against the United States Dollar, exceeding initial forecasts, according to the Association of Bureau De Change Operators of Nigeria (ABCON). During a virtual appearance on Channels Television's Business Incorporated program, Aminu Gwadabe, President of ABCON, revealed that as of Tuesday afternoon, BDC operators were purchasing the dollar at an exchange rate of N980/$1 and selling it at N1,020/$1. This starkly contrasts with the official rate set by the Central Bank of Nigeria (CBN) at N1161/$1. The significant surge in the value of the Naira has been evident in recent weeks, witnessing a staggering 40% appreciation from approximately N1,900/$1 in early January to the current rate of about N1,100/$1. The Central Bank of Nigeria implemented a series of measures aimed at fortifying the Naira against the Dollar, including the resolution of approximately $7 billion in valid foreign exchange backlogs

The Economic and Financial Crimes Commission (EFCC) has announced its intention to arraign Pascal Okechukwu, widely recognized as Cubana Chief Priest, before the Federal High Court in Lagos. The socialite and businessman is facing serious allegations related to the abuse of the Nigerian currency. According to the charges filed by the EFCC's prosecutor, Rotimi Oyedepo, along with seven other lawyers representing the anti-graft commission, Cubana Chief Priest is accused of contravening the provisions of the Central Bank Act of 2007. The charges specifically highlight instances where he allegedly engaged in the spraying and tampering of Naira notes during social events. The scheduled arraignment before Justice Kehinde Ogundare pertains to three counts leveled against Cubana Chief Priest. The first count alleges that on February 13, 2024, at Eko Hotel in Lagos, he tampered with funds amounting to N500 notes issued by the Central Bank of Nigeria by spraying them for an extended duration

The Federal Capital Territory Police Command has launched an investigation into the recent clashes between factional leaders of the National Association of Nigerian Students (NANS) in the territory. The clashes, which involved attacks and counterattacks, have sparked concerns about the maintenance of peace and order. According to the Police Public Relations Officer, SP Josephine Adeh, the command is taking proactive measures to prevent any disruption of the peace enjoyed by residents of the territory. Adeh confirmed the initiation of the investigation in response to inquiries about the viral videos depicting violent incidents between rival factions of NANS. In one such video circulating on social media platforms, armed individuals were seen assaulting a young man and damaging a bus bearing the images of a factional NANS leader and former presidential candidate of the association, Chibuzor Obi, at Zone 8, Abuja. The FCT Police Command's prompt action underscores its commitment to ma

Carlo Ancelotti Real Madrid's Champions League Quarter-final Squad Unveiled by Ancelotti for High-stakes Clash with Manchester City at Etihad Stadium Real Madrid manager, Carlo Ancelotti, has revealed the squad set to contest the UEFA Champions League quarter-final second leg against Manchester City at Etihad Stadium on Wednesday. The list was published on the official Real Madrid website on Monday, intensifying anticipation for the high-stakes encounter. In the previous leg, both Real Madrid and Manchester City played to a thrilling 3-3 draw in Spain, setting the stage for a captivating rematch in England. Here is the comprehensive squad selected by Ancelotti for the crucial fixture: **Goalkeepers:**  1. Lunin 2. Kepa 3. Fran **Defenders:**  1. Carvajal 2. Militão 3. Nacho 4. Lucas Vázquez 5. Fran García 6. Rüdiger 7. Mendy **Midfielders:**  1. Bellingham 2. Kroos 3. Modrić 4. Camavinga 5. Valverde 6. Tchouameni 7. Ceballos 8. Arda Güler **Forwards:**  1. Vinicius Junior 2. Rodryg

Victor Osimhen In the whirlwind of transfer speculations surrounding Nigerian striker Victor Osimhen, Paris Saint-Germain (PSG) remains enigmatic regarding any potential deal. Despite reports circulating about PSG offering Osimhen a lucrative four-year contract worth €13 million, seasoned transfer expert Fabrizio Romano dispelled these rumors, asserting that there have been no talks between the French champions and the player. Amidst the conjecture, Italian publication Il Matino previously declared that Osimhen was on the brink of joining PSG from Napoli for a staggering fee of €120 million, accompanied by a substantial salary increase. Osimhen's prowess as a striker has attracted considerable attention, particularly after his impressive performance last season, where he netted 31 goals in 39 appearances and played a pivotal role in Napoli's Serie A triumph. The Nigerian forward's stellar achievements have positioned him as one of Europe's most coveted strikers, with a

President Bola Tinubu, through Vice President Kashim Shettima, officially declared April 7th as National Police Day during the inaugural Nigeria Police Awards and Commendations ceremony at Transcorp Hilton, Abuja. This declaration underscores Tinubu's commitment to reforming the nation's police force. President Tinubu emphasized the necessity of overhauling the institutional mindset and historical perspective of police officers to modernize and professionalize the force. Since assuming office in 2023, his administration has spearheaded extensive reforms aimed at revitalizing law enforcement in the country. The President highlighted the importance of ongoing training and capacity-building programs to equip police personnel with the necessary skills for contemporary policing challenges. Additionally, the Federal Government has approved the first week of April as Police Week, with April 7th designated as the National Police Day in Nigeria. During his address, President Tinubu emph

Israeli army chief, Lieutenant General Herzi Halevi, has unequivocally pledged a resolute response to Iran's recent missile attack on Israeli territory. The conflict has rapidly escalated following Iran's unprecedented assault, which has elicited urgent appeals for de-escalation from global leaders who fear the potential ramifications of wider conflict. The tensions between Israel and Iran were exacerbated by Tehran's direct strike on Israel, purportedly in retaliation for a deadly attack on Iran's consulate in Damascus. This latest escalation comes on the heels of six months of intense conflict between Israel and the Palestinian militant group Hamas in Gaza, which has unleashed violence across the region involving Iranian proxies and allies who claim to act in solidarity with Palestinians in Gaza. In response to Iran's attack, Israeli army chief Halevi affirmed during a gathering at the Nevatim military base, one of the sites targeted by Iran, that the assault woul

In the wake of the controversy surrounding Vera Anyim's testimony at Dunamis International Gospel Centre, Abuja, the church has extended an apology to her. The incident, which occurred during a Sunday service, saw Anyim being interrupted by Senior Pastor Dr. Paul Enenche for what he perceived as discrepancies in her testimony. Anyim had claimed to have graduated with a "BSc in Law" from the National Open University of Nigeria (NOUN). However, Enenche questioned the credibility of her testimony, leading to a public outcry demanding an apology from the cleric. Nevertheless, Anyim has expressed forgiveness and understanding, stating that she bears no grudge against the church or its leadership. She emphasized her commitment to serving God as a member of Dunamis Church and urged everyone to move forward from the incident. Following the uproar, Dunamis International Gospel Centre released a statement clarifying the circumstances surrounding the interruption of Anyim's test

The Operation Safe Haven (OPSH), a military task force responsible for maintaining peace in Plateau State and its environs, has refuted allegations that its soldiers were involved in shooting innocent civilians during recent attacks in the Bokkos Local Government Area of Plateau State. The Media Officer of OPSH, Major Samson Zhakom, issued a statement in Jos, denying the accusations made by the Coalition of Bokkos Ethnic Youth Nationalities. This coalition had accused soldiers of shooting civilians and exacerbating the vulnerability of residents in the locality. They further called for the removal of the Commander of OPSH Step-Up Headquarters 2 in Bokkos, alleging failure on the part of security agencies to quell the recent spate of killings in some communities of the council. Zhakom categorically dismissed these allegations as unfounded and malicious, stating that they were intended to tarnish the image of the military and other security agencies operating in the state. He emphasized

Former presidential aide, Reno Omokri, has showered praise on Pastor Paul Enenche of Dunamis International Gospel Center for extending a heartfelt apology to Miss Vera Anyim, following an incident where she was accused of falsehood regarding her academic qualifications. The controversy unfolded during a live Sunday service at Dunamis, where Vera Anyim testified to obtaining a BSc in law from the National Open University of Nigeria after a decade of study. However, her testimony was abruptly interrupted by Pastor Enenche, who accused her of lying. In the wake of widespread public outcry and calls for an apology, the church issued a statement expressing regret over the incident, clarifying that it was not intentional. Taking to Facebook, Reno Omokri commended Pastor Enenche for his act of humility in acknowledging his mistake and seeking reconciliation with Anyim. Omokri emphasized the Christlike character displayed by Enenche in his apology, turning the incident into a redemptive teacha

In a bold move that reverberated through Nigerian politics, members of the Ganduje Ward in the Dawakin Tofa Local Government Area of Kano State suspended the National Chairman of the All Progressives Congress (APC), Abdullahi Ganduje. The announcement came during a press briefing held in Kano, where Haruna Gwanjo, the leader of the Executive Council of Ganduje Ward, revealed the decision to suspend Ganduje from his position within the party. The suspension was attributed to the need for Ganduje to address lingering corruption allegations, particularly concerning his involvement in a longstanding dollar bribery video case. The press briefing underscored the seriousness with which the ward members regarded the allegations against Ganduje, signaling a potential rift within the party's leadership hierarchy. As the suspension unfolds, it poses significant implications for both Ganduje and the APC, raising questions about the future of the party's leadership and its stance on corrupt