Naira To Dollar Exchange Rate Today May 6 2026
The naira appreciated to N1,362/$ on Tuesday, extending its recent gains against the United States dollar. Data from the Central Bank of Nigeria (CBN) showed the currency strengthened from N1,367.5/$…
Wike Dismisses Turaki-Led PDP Caretaker Committee, Calls It Fraudulent
The Minister of the Federal Capital Territory, Nyesom Wike, on Tuesday dismissed the inauguration of a Peoples Democratic Party (PDP) caretaker committee by supporters of Kabiru Turaki, describing the move…
Dangote Refinery Raises Petrol Price To ₦1,350/Litre — Report
Dangote Refinery has increased its ex-depot price of Premium Motor Spirit (petrol) to ₦1,350 per litre, up from ₦1,275. The new increase marks a fresh upward adjustment in Nigeria’s downstream…
Navy Intensifies Oil Theft Crackdown With Fleet Sentinel
The Nigerian Navy has issued a strong warning to maritime criminals, reaffirming its resolve, capability, and commitment to ending crude oil theft and securing the nation’s maritime domain. Speaking at…
Rainstorm Kills Two, Destroys Several Homes In Kaduna Community
A powerful rainstorm has left a trail of destruction in Dokan Mai-Jama’a, a community in Chikun Local Government Area of Kaduna State, killing at least two people and destroying more…
Police Block ACF Headquarters As Leadership Crisis Deepens
The crisis within the Arewa Consultative Forum (ACF) intensified on Tuesday after police operatives blocked access to the group’s headquarters in Kaduna, preventing a planned National Executive Council (NEC) meeting.…
Tesla To Recall Nearly 219,000 US Vehicles
Tesla is recalling 218,868 vehicles in the U.S. due to delayed rearview camera images that could increase the risk of a crash, the National Highway Traffic Safety Administration (NHTSA) said…
DCSO: Crude Deliveries To Dangote, Others Drop To 28.5m Barrels Q1 Despite 61.9m Barrels Allocation
Nigerian crude oil producers supplied local refineries with less than half of the volumes allocated under the Domestic Crude Supply Obligation (DCSO) rules in the first quarter of 2026, according…
Trump Pausing Hormuz Operation In Push For Iran Deal
President Donald Trump said Tuesday he was halting the US military operation to escort ships through the Strait of Hormuz after just one day, in a bid to reach a…
Australia To Establish One Billion Litre National Fuel Stockpile
Australia will establish a national fuel stockpile of one billion litres to shield the nation from an energy crisis triggered by war in the Middle East, Prime Minister Anthony Albanese…
Wike Urges EU Countries To Partner With FCT On Investments, Others
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has called on European Union (EU) countries to deepen investment ties, strengthen cultural exchanges, and partner with the Federal Capital Territory…
2027: Rep Member, ADC Chieftain Disagree Over Obi, Others’ Defection
A member of the House of Reps, Ifeanyi Uzokwe, and the National Deputy Financial Secretary of the African Democratic Party (ADC), Oladimeji Fabiyi, have disagreed over defections from the party…
Saka Fires Arsenal Into First Champions League Final In 20 Years
Arsenal reached the Champions League final for the first time in 20 years as Bukayo Saka sealed a 1-0 win against Atletico Madrid on Tuesday. Mikel Arteta’s side settled the…
Senate Restricts Its Presidency To Returning 10th Assembly Members
In a major shift to its internal rules, the Senate has amended its standing orders to restrict eligibility for the office of Senate President to members of the 10th National…
Tinubu Engages With Global Investors In France
President Bola Tinubu has met with global investors in Paris, France, emphasising transparency and fiscal discipline and explaining the rationale for the swift implementation of bold reforms. Tinubu, who left…
Alleged Coup: Suspect Says He Was Misled In Video Statement
The fourth defendant in the alleged coup plot trial before the Federal High Court in Abuja, Zekeri Umoru, has denied knowledge of any plan to overthrow President Bola Tinubu’s government,…
‘I Think ADC Is Dead’, Akpabio Says As Senators Defect From Party
Senate President Godswill Akpabio has suggested that the African Democratic Congress (ADC) is “dead” amid a wave of defections from the party. Akpabio made the remark on Tuesday during plenary…
US Trade Gap Widens In March As AI Spending Boosts Imports
The US trade deficit grew slightly less than expected in March, government data showed Tuesday, as spending linked to the artificial intelligence buildout boosted imports. But US exports of crude…
SERAP Rejects Court Judgment, Vows To Appeal ₦100m Defamation Ruling
The Socio-Economic Rights and Accountability Project (SERAP) has rejected what it described as a “seriously flawed judgment” of the Federal Capital Territory High Court, Abuja, in the ₦5.5 billion defamation…
Abaribe Defects To Labour Party, Umeh And Rufai Hanga Join NDC
The Senate President, Godswill Akpabio, on Tuesday announced fresh defections in the upper chamber. Senator Enyinnaya Abaribe, who represents Abia South, has again switched political allegiance, moving to the Labour…