Investors reacted favorably to Tinubu’s efforts to standardize foreign currency rates, causing the stock market to increase by 1.51 trillion naira. Additionally, the naira appreciated against the dollar on the black market, closing at 765/$1, up 5 from the rate of 770/$1 the day before. The market capitalization increased significantly…

President Bola Tinubu has directed the Department of State Service, DSS, to immediately vacate the office of the Economic and Financial Crimes Commission, EFCC, in Ikoyi, Lagos. The President directive was contained in a statement issued by Tunde Rahman on Tuesday. According to the statement, “The President gave the directive…

THE NIGERIAN IDEAL My Fellow Citizens, I stand before you honoured to assume the sacred mandate you have given me. My love for this nation is abiding. My confidence in its people, unwavering. And my faith in God Almighty, absolute. I know that His hand shall provide the needed moral…

President-elect Bola Tinubu will be sworn in today as Nigeria’s 16th leader since the country’s independence in 1960. Kashim Shettima will be inaugurated as the nation’s new vice president. Both will be succeeding President Muhammadu Buhari and Vice President Yemi Osinbajo whose second four-year term lapses today. The inauguration of…

President Muhammadu Buhari has announced a new appointment less than a day before he steps down as Nigeria’s president. According to a statement released by his spokeswoman Garba Shehu on Sunday evening, Mr. Buhari nominated Sha’aban Sharada as the Executive Secretary of the National Commission for Almajiri and Out of…