We are consumed by 2027 Politics, ignoring safety of Children and Citizens — Peter Obi

  Labour Party’s 2023 presidential candidate, Peter Obi, has expressed concern over the worsening security situation in the country, lamenting that political leaders are focusing more on the 2027 elections than the safety and welfare of Nigerians.   Obi, in a statement posted on his social media handle on Tuesday, decried the continued captivity of…

Dollar to Naira exchange rate today

The Nigerian naira traded within a relatively stable range against the United States dollar on Tuesday, June 2, 2026, across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market, as traders continued to monitor forex liquidity and demand conditions.  According to data from the Central Bank of Nigeria (CBN), the latest official…

Nigeria’s blackout persists despite $3.6bn World Bank loans – Report

Nigeria’s electricity sector has received at least $3.653bn in World Bank-backed funding over the past 24 years, yet millions of households and businesses across the country continue to grapple with unstable power supply, frequent grid collapses, and heavy reliance on generators. An analysis of World Bank-supported power projects between 2001 and 2024 showed that successive interventions…