Naira’s Latest Dip Shows Why Nigeria Still Has Two Different FX Realities

The naira is facing renewed pressure in the parallel market, with the dollar selling for around ₦1,420, even as the Central Bank of Nigeria insists that the foreign exchange market is becoming more stable. The latest parallel-market rate is notably higher than the official rate, which has been trading around ₦1,362–₦1,369 per dollar. Recent market…

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Evacuation Begins as Nigerians Return Home From South Africa Xenophobia Crisis

The Federal Government has started evacuating Nigerians caught in the recent xenophobic violence in South Africa, with the first batch of returnees expected to arrive in Lagos as efforts continue to bring home affected citizens. The exercise is part of emergency measures introduced after renewed attacks on foreign nationals in several parts of South Africa….

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Lagos Flooded After Heavy Rains as Sanwo-Olu Orders Emergency Dredging

Heavy rainfall swept across Lagos on July 3, leaving several major roads submerged, stranding motorists and disrupting business activities as flash floods once again exposed the city’s drainage challenges. Areas including Lekki Phase 1, the Lekki-Epe Expressway, Victoria Island, Ikeja, Gbagada, Mushin and Mafoluku experienced severe flooding after an intense downpour overwhelmed drainage systems. Videos…

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China’s Surprise Missile Test Raises Pacific Security Fears After Australia-Fiji Defense Pact

Regional security tensions have intensified across the Pacific after China conducted a surprise long-range missile test just hours after Australia and Fiji signed a landmark bilateral defence agreement aimed at strengthening regional security cooperation. The missile, reportedly launched from a Chinese nuclear-powered submarine with a simulated warhead, travelled across the South Pacific before landing in…

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“I Don’t Remember Anything”: Sultana Finally Faces the BBNaija S10 Reunion Couch Over the Infamous Pee Incident

It was the moment BBNaija Season 10 viewers had been waiting for since October 2025. On Wednesday night, Episode Three of the reunion brought the infamous pee incident, one of the most talked-about controversies of the entire season, back into the spotlight, and the results were as messy as the original act itself. What Happened…

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Bezos-Led Liverpool Investment Could Change More Than the Transfer Budget

Liverpool could soon have some of the biggest names in global business sitting around the ownership table. A consortium led by British-Indian businessman Amit Bhatia is reportedly closing in on a major minority investment in Liverpool, with Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin among the investors involved. The stake could be around…

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U.S.-Iran Conflict Escalates as Airstrikes Continue, Tehran Threatens Wider Retaliation

The conflict between the United States and Iran has entered another dangerous phase, with Washington carrying out its latest wave of airstrikes while Tehran continues to warn of broader retaliation across the Middle East. The U.S. military confirmed it has concluded another round of strikes on Iranian targets, marking 11 consecutive nights of military operations…

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