Author: DailyNaijaNews

The Naira depreciated at the official market on Monday, trading at N1,495.60 to a dollar. Data from the FMDQ Security Exchange official forex trading platform revealed that the Naira lost N20.82. This represents a 1.4 per cent loss when compared to the previous trading day on Friday, Jan. 31, when the local currency closed trading at N1,474.78 to a dollar. Trading on the Investors and Exporters (I&E) Forex window on Monday recorded a high of N1,497.50 and a low of N1,470.00. The Naira has enjoyed relative stability against the dollar since December 2024 due to sustained reforms by the Central…

The Zone 2 Police Command headquarters, Onikan, Lagos State, has confirmed the detention of an Investigating Police Officer (IPO) attached to Isheri-Oshun Division, for allegedly doctoring a case file and medical doctor’s report. The Assistant Inspector General of Police in charge of the zone, Adegoke Fayoade, confirmed this to the News Agency of Nigeria (NAN) on Tuesday in Lagos. Mr Fayoade did not provide the name of the IPO. However, he said the officer allegedly doctored the case file and doctor’s report relating to a case of anal sexual assault on some teenage students by a hotelier in Isheri-Oshun area…

Former Senate President Bukola Saraki congratulated his son, Seni Saraki, on his Grammy victory at the 67th Annual Grammy Awards, held on Sunday, January 2, in Los Angeles. Seni earned his first Grammy Award for his contribution to the Bob Marley: One Love soundtrack, which won Best Reggae Album. Seni played a role in the production of ‘Bob Marley: One Love—Music Inspired by the Film,’ a project aimed at paying homage to the legendary reggae artiste. This project won the Grammy for Best Reggae Album and was a labour of love for all involved. His mother, Toyin Saraki, shared on…

The Ogun State Police Command on Tuesday, arraigned the suspended Olorile of Orile Ifo, Semiu Adewale Ogunjobi, for assaulting a 73-year-old man, Elder Abraham Areola. The suspended monarch was arraigned on three counts charges of conspiracy, assault and conduct likely to cause breach of peace. According to the Force Police Public Relations Officer, Muyiwa Adejobi, the suspended Oba was granted bail after pleading not guilty to offences. It was gathered that he was granted bail on liberal terms of N5m with two sureties in the like sum. The case has been adjourned to March 6 for a hearing. The traditional…

The police in Ondo State have confirmed the abduction of seven travellers on the Owo-Ipele-Benin Highway. Funmilayo Odunlami, the spokesperson for the command, confirmed the incident to journalists on Tuesday in Akure. “Seven people were abducted and investigation is ongoing. Update on the incident will be provided soon,” Odunlami said. A family member of one of the victims, who pleaded anonymity, said they were abducted on Saturday night while returning from a South-South state to Akure. “The assailants ambushed the travellers, forcing them out of their commercial vehicle, which was later found abandoned by the roadside, prompting other motorists to…

Lagos To Host E1 Boat Race Championship, As Sanwo-Olu Hosts Drogba By Taiwo Ibrahim Lagos is set to host the E1 World Championship coming up next September as Organiser of the all-electric race boat contest touched down in Lagos on Monday, to take an exploratory tour of the State’s waterways infrastructure to ensure smooth hosting of the event. Governor Babajide Sanwo-Olu received the event’s sponsors at the State House in Marina on Monday. The team was led by Marlene Ngoyi Mvidia, Chief Executive Officer of Fund for Export Development in Africa (FEDA), a subsidiary of Afrexim Bank. Ivory Coast’s former…

Activist Omoyele Sowore on Wednesday pleaded not guilty to cybercrime charges the police instituted against him in Abuja for referring to Inspector-General of Police (IGP) Kayode Egbetokun as “illegal IGP”. Mr Sowore pleaded not guilty to all 17 counts read to him at the Federal High Court in Abuja, where the police earlier filed the charges on Tuesday. Following Sowore’s not-guilty plea, trial judge Abdulla Liman adjourned proceedings until 3 p.m. today (Wednesday), when he is set to hear the activist’s bail application. Earlier in the proceedings, which started at about 10 a.m. on Wednesday, Mr Sowore’s lawyer, Abubakar Marshall…

A former governor of Osun State, Bisi Akande, has revealed that he played a pivotal role in convincing President Bola Tinubu to contest for the presidency. In an interview, State Affairs with Edmund Obilo, published on Wednesday via YouTube, Akande disclosed that Tinubu was initially hesitant about pursuing the position, citing financial constraints and personal doubts. “When I met him, he said, Baba, do you have money? If I had the kind of money that people have to be president, I would rank with Dangote,’” Akande recounted that Tinubu said he had no money to be president. According to Akande,…

The All Progressives Congress has expelled a former Minister of Interior and ex-Osun State Governor, Rauf Aregbesola, over alleged anti-party activities. Aregbesola, who led Osun State for two terms, had spearheaded a faction within the APC known as The Osun Progressives which was later rebranded as the Omoluabi Caucus. A letter from the APC leadership seen by newsmen on Wednesday officially confirmed Aregbesola’s expulsion. The letter, titled “Allegations of Anti-Party Activities – Conveyance of State Exco Decision to You,” accused him of breaching Article 21 of the party’s constitution, which outlines disciplinary measures for members. The letter read in part,…

The National Agency for Food and Drug Administration and Control (NAFDAC) has shut down the Aba Cemetery Market in Abia State for the second time. The market is notorious for selling counterfeit wines and beverages. This is contained in a statement signed by the agency Director-General, Mojisola Adeyeye, and made available to journalists in Abuja on Tuesday. Mrs Adeyeye, a professor noted that the cemetery market is widely regarded as the most dreaded and hitherto safe haven for the largest cartel ring involved in the manufacturing of fake wines and beverages in Africa. She noted that NAFDAC decisive move is…