Author: Daily Monitor
The naira depreciated yesterday to N1,250 per dollar in the parallel market from N1,230 per dollar on Thursday. Similarly, the naira appreciated to N889.86 per dollar in the official Nigerian Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N889.86 per dollar from N901.41 per dollar on Thursday, indicating an N11.55 appreciation for the naira. As a result, the gap between the official and parallel market exchange rates widened to N360.14 per dollar yesterday from N328.59 per dollar on Thursday.
It would be heartless of me to wish a mortal like myself evil. Far be it that this is an attempt to take advantage of the Senate President’s moment of mortal weakness which could be the lot of anyone; particularly the Senate President and the entire National Assembly who are all stressed beyond limit on the Appropriation assignment due to the President Tinubu’s Budget of Renewed Hope and the need to deliver same before the end year 2023. Creating time in the midst of such schedule is overtaking for most of our aged leaders. Life recently has chosen to…
Damilola Timilehin, Ibadan Jumia’s food delivery service etc, is set to shut down operations in Nigeria by the end of 2023. The company, which announced this in a statement, said its current priorities are the Jumia Pay platform and its primary physical goods business, which it operates in Nigeria and ten other countries. It also said it will shut down food delivery services in Kenya, Morocco, Ivory Coast, Tunisia, Uganda, and Algeria. Speaking about the exit, Jumia CEO, Mr. Francis Dufay, stated that in order to increase profitability, the company’s physical goods division will now receive more attention. “The more…
The Chief Justice of Nigeria (CJN), Olukayode Ariwoola, has appointed his younger brother, Adebayo Ariwoola, as the new auditor for the National Judicial Council (NJC), Peoples Gazette can report based on confirmations obtained last week. The appointment places the younger Mr Ariwoola in a key position overseeing the internal audit unit of the NJC, a role with substantial authority to ensure financial integrity and responsibility within the commission. He is now responsible for evaluating the commission’s internal controls, scrutinising accounting processes, and ensuring compliance with legal standards. Justice Ariwoola, who holds a position of near supreme authority with vast powers…
Damilola Timilehin, Ibadan The Supreme Court on Friday ordered the continuation of the trial of Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB) over terrorism charges. The trial which started in 2015 had been put on hold at the Federal High Court in Abuja after the Court of Appeal in Abuja dismissed the charges in a judgement delivered in October 2022. A five-member panel of the Supreme Court led by Kudirat Kekere-Ekun declared Mr Kanu’s forcible repatriation from Kenya to Nigeria in June 2021 illegal. However, a member of the panel, Tijjani Abubakar, ruled in the…
Damilola Timilehin, Ibadan The previous night I had a puzzling dream. My phone slipped out of my grasp and shattered to smithereens. I observed pieces of the phone that I had no idea existed strewn all around me, indicating that the damage was beyond repair. I awoke with a start; realising it was a bad omen and saying a quick prayer to stave off what might be approaching catastrophe. And now this, the day after. I recently wrote about how cabbing systems can be useful in combating One Chance robbers who are on the rise in the FCT.…
Damilola Timilehin, Ibadan Ismail Haniyeh, leader of Hamas, says the Gaza-ruling faction of the militant outfit is open to discussions with Israel on a ceasefire. Israel has intensified its retaliatory bombardment of Gaza after Hamas invaded the Jewish nation on October 7. Although there has been a one week ceasefire on humanitarian grounds, Israel said it would not end its attacks on Gaza until Hamas is eliminated. On Tuesday, the United Nations General Assembly (UNGA) voted overwhelmingly in favour of a humanitarian ceasefire between Israel and the militant group. Speaking in a televised speech aired on Hamas-affiliated Al-Aqsa TV on…
Damilola Timilehin, Ibadan A former governor of Anambra State, Dr Chukwuemeka Ezeife, is dead. Ezeife died at the Federal Medical Centre, Abuja, on Thursday, according to a short press release issued on Friday and signed by Chief Rob Ezeife, on behalf of the family. Born on November 20, 1938, the deceased fondly called ‘Okwadike’, was governor of Anambra state between January 1992 to November 1993 during the aborted Third Republic. The statement read, “On behalf of the Ezeife Dynasty of Igbo-Ukwu, I wish to announce the promotion to glory of our most distinguished son, ‘Okwadike’, Dr Chukwuemeka Ezeife, CON,…
Damilola Timilehin, Ibadan Senate President Godswill Akpabio on Thursday collapsed at the Transcorp Hilton Hotel in Abuja and was rushed to the hospital. Gists9ja learnt that Akpabio slumped while seeing President Bola Tinubu off. Tinubu and other dignitaries had gathered at the Congress Hall of the hotel for a colloquium to mark the 61st birthday of the Senate President in Abuja. Sources told SaharaReporters that Akpabio was briefly stabilized before being taken to the hospital. “Senate President Akpabio collapsed today after his 61st birthday colloquium in Abuja while seeing the President off. “He was briefly stabilised before…
Damilola Timilehin, Ibadan The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has professed that Jesus Christ might return to the world on October 1 of a year that is yet to be known. The Christian leader said this in a video played at the homecoming reception ceremony organised for the just recalled Nigeria High Commissioner to the United Kingdom, Sharafa Tunji-Ishola, in Abeokuta, capital of Ogun State. Ishola, who was a former Minister of Mines and Steel, was made an Ambassador by President Muhammadu Buhari in January 2021, and recalled on 31 August,…