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Labour Party Lawmakers have defected to APC. NewsOnline Nigeria reports that four Labour Party (LP) House of Representative members have defected to the ruling All Progressives Congress (APC).This Nigeria news platform learnt that Speaker of the House, Tajudeen Abbas, announced the defection of the lawmakers on the floor of the green chamber on Thursday. The Labour Party has been marred with crisis after the 2023 election with some chieftains leaving the party.More to come… Related
The black market dollar to Naira exchange rate on Thursday 5th December 2024 can be accessed below. NewsOnline Nigeria has obtained the official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates. Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand of dollars in the market. As of now, you can purchase 1 dollar at a certain rate now, however, it’s important to remember that the rate can shift (either upwards or downwards) within hours. How much is a dollar to naira today in the black market? Dollar…
NETFLIX is reportedly set to leave the Nigeria Market over the worsening economic hardship. NewsOnline Nigeria reports that internationally renowned streaming platform, Netflix is reportedly set to exit the Nigerian market amidst the nation’s ongoing economic challenges.According to information obtained by Peoples Gazette, the decision comes in light of recent inflation figures released by the National Bureau of Statistics, highlighting the worsening economic landscape.A Netflix official, speaking anonymously ahead of an official announcement, cited multiple factors contributing to the decision. “We’re exiting the Nigerian market,” the source disclosed. “We’ve experienced significant losses in paying subscribers, and the unfavorable naira-to-dollar exchange rate further…
Human Rights Activist Dele Farotimi has been denied bail and remanded in prison. NewsOnline Nigeria reports that the Ado-Ekiti Magistrate Court has denied bail to Dele Farotimi, a prominent human rights lawyer, who is facing charges related to cybercrime. This Nigeria news platform understands that Farotimi was arrested following a petition from well-known legal figure Afe Babalola (SAN).Farotimi was accused of publishing false statements in his book ‘Nigeria and Its Criminal Justice System’, which is said to have tarnished Babalola’s reputation. According to the charges, Farotimi’s book, which was widely circulated, contained damaging claims against Babalola and his law firm. In particular, the book…
United Bank for Africa, through its Corporate Social Responsibility Arm, the UBA Foundation, on Monday, held its annual Garden Light-Up ceremony to kick-start the festive season. The dazzling ceremony, held at the United Bank for Africa (UBA) head office in Lagos, brought together staff, customers, and well-wishers in a heart-warming display of joy, gratitude, and unity.The Garden Light-Up, an annual tradition, represents UBA and its Foundation’s commitment to spreading cheer and fostering a sense of community during this special time of year. With festive decorations, brilliant lights, fireworks and lively music, the event serves as a beacon of hope and celebration,…
Senate has approved Tinubu’s MTEF 2024-2025 document containing the N9 trillion borrowing plan. NewsOnline Nigeria reports that the Senate has approved the Medium Term Expenditure Framework (MTEF) of the President Bola Tinubu-led Nigerian government. This Nigeria news platform understands that the Senate made the approval after the resolutions of the Senate which followed the consideration of the 2025-2027 MTEF/FSP report presented by the Chairman of the Senate Committee on Finance, Senator Sani Musa, during plenary.The approval which came Tuesday, is for the framework of the 2025-2027 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). Based on the approval, the total spending…
President Bola Tinubu has approved a new appointment. NewsOnline Nigeria reports that President Bola Ahmed Tinubu has approved the appointment of Adeboye Adeyinka, popularly known as Zulu, as the Senior Special Assistant to the President on Grassroots Sports Development. This Nigeria news platform understands that Zulu, a seasoned sports administrator, previously served as Special Assistant to the former Minister of Sports, Senator John Enoh.His extensive career also includes working with four different Lagos State Governors in various capacities, solidifying his reputation as a dedicated advocate for grassroots sports. With a wealth of experience in sports administration and grassroots development, Adeboye Adeyinka is set…
Hukumar ta sanar da hakan a shafinta na X Inda tace tun da aka kafa hukumar a shekarar 2003 ba a taba samun gagarumar nasarar kwato kadarorin da aka mallaka ta haramtacciyar hanya ba kamar a wannan karon. Sanarwar ta kara da cewar karbar mallakin rukunin gidajen ya biyo bayan wani hukunci da mai shari’a Jude Onwuegbuzie ya yanke. “Kwato kadarorin da mika haƙƙin mallakarsu ga gwamnatin tarayya wani bangaren ne na yunkurin da hukumar EFCC take wajen karya tasirin masu aikata laifi, hakkan yana tabbatar da cewar ba suci gajiyar dukiyar da suka tara ta haramtacciyar hanya ba” a…
Former CBN Governor Emefiele is allegedly the owner of the ‘Top Brass’ with 753 duplexes in Abuja Estate forfeited to EFCC. NewsOnline Nigeria reports that the former governor of the Central Bank of Nigeria, Godwin Emefiele, owns the large estate in Abuja with 753 duplexes forfeited to the Nigerian government through the Economic and Financial Crimes Commission (EFCC), in a court ruling on Monday. This Nigeria news platform understands that human rights activist and convener of #RevolutionNow Movement, Omoyele Sowore, confirmed the development in a post on his Twitter. Emefiele is standing trial on several charges bordering on corruption, including in the new naira…
Reacting to the report, the IG, in a statement released on Monday by the Force spokesperson, Muyiwa Adejobi, described the allegations as unfounded, misleading, and inconsistent with incident reports submitted to his office by affected commands. Egbetokun stated, “The Nigeria Police Force has expressed serious concern regarding a recent 34-page report released by Amnesty International, which alleges police culpability in the deaths and arrests of protesters and the use of excessive force during the #EndBadGovernance protests in August 2024. “The Force categorically refutes these allegations as unfounded, misleading, and inconsistent with incident reports submitted to the office of the Inspector-General of Police…