CBN debunk claims of Naira devaluation

The Central Bank of Nigeria has debunked the claim that it has devalued the naira. A statement signed by Acting Director Corporate Communications, Isah AbdulMumin, said the dollar traded at N465/$1 contrary to reports. The statement partly reads, “We wish to state categorically that this news report, which in the imagination of the newspaper is…

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Subsidy: Petrol price will come down, says NNPC

The Group Chief Executive Officer, Nigerian National Petroleum Company Limited, Mele Kyari, on Thursday, allayed the fear of Nigerians on the rising prices of Premium Motor Spirit, known better as petrol across the country. The NNPC boss said competition among major players in the oil sector would force down the price of petrol as against…

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JUST IN: Gbajabiamila’s Aide debunks appointment of Principal as Tinubu’s Chief of Staff

An emerging report has confirmed that the Speaker of the House of Representatives, Femi Gbajabiamila, has been named the Chief of Staff to President Bola Tinubu. A report by Daily Independent confirmed that this development would make Gbajabialmila’s seat in the lower legislative chamber vacant, automatically removing him as a member of the incoming 10th…

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