May 9, 2022

Naira 'Resurrects' At ₦429.62 To Dollar At Investors' Window

US Dollar Soars As Nigerian Naira Crashes, Closes At 419

May 9, 2022 6:09 pm

Monday saw the Nigerian Naira depreciating at the Investors and Exporters window while exchanging at ₦419 to the dollar, a 0.48 per cent depreciation, weaker than ₦417 it traded on Friday.

Reports have shown that the open indicative rate closed at ₦419 to the dollar on Monday.

An exchange rate of ₦423.00 to the dollar was the highest rate recorded within the day’s trading before it settled at ₦419.00.

Read Also: Oshodi Traders Hail CBN’s Introduction Of e-Naira

The Naira sold for as low as 410.84 to the dollar within the day’s trading. A total of 53.15 million dollars was …

Pastor Tunde Bakare Joins Presidential Race

Pastor Tunde Bakare Joins Presidential Race

May 9, 2022 5:53 pm

In a bid to clinch the number one seat in the country, the well known Pastor Tunde Bakare, Serving Overseer of the Citadel Global Community Church (formerly Latter Rain Assembly), on Monday in Abuja, openly declared his intentions to vie for the 2023 presidential election on the APC platform.

The minister had promised to close the distance between Nigerian reality and every Nigerian dream.

Read Also: 2023: Pastor Tunde Bakare Picks ₦100m APC Presidential Form

“Today, I am offering myself to close the distance between the Nigerian reality and every Nigerian dream to unlock the power of public policy to

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Disregard ₦700 Per Litre Price For Aviation Fuel - MOMAN

Disregard ₦700 Per Litre Price For Aviation Fuel – MOMAN

May 9, 2022 12:17 pm

Contrary to widespread reports on Sunday, the Major Oil Marketers Association of Nigeria (MOMAN) has asked the general public to disregard the claims that Aviation Turbine Kerosene (ATK), also known as aviation fuel, was being sold at ₦700 per litre in some parts of the country.

The Executive Secretary for the Major Oil Marketers Association of Nigeria, Mr Clement Isong, made this known in an interview on Monday in Lagos. The Airline Operators of Nigeria (AON) had threatened to go on strike on May 9 claiming that the cost of aviation fuel had risen to about ₦700 per litre from …

74 Year Old Nabbed For Alleged Sexual Abuse Of Minor

74 Year Old Nabbed For Alleged Sexual Abuse Of Minor

May 9, 2022 11:41 am

In his waterloo, a 74-year-old man, Bassey Inyang, was nabbed and handed over to the police by his community for alleged sexual abuse of a 12-year-old girl in Calabar.

The suspect, who lives at 14 Waddell Street, Mbukpa in Calabar, was arrested by men of the Anti-Cult and Kidnapping Squad of the Cross River Police Command following an alarm raised by members of the community.

A witness who didn’t want his name on print had alleged that this was not Inyang’s first sexual abuse case while other parents, who had similar experiences, also opened up to tell their stories.

Read

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Ukrainian Citizens Take To Bomb Shelters As Attacks Intensify

Ukrainian Citizens Take To Bomb Shelters As Attacks Intensify

May 9, 2022 11:25 am

In the rising spate of air raids and bombings, Ukrainian officials have warned their citizens to obey the air raid sirens and make their way to bomb shelters on Monday amid fears that the attacks from Russia would continue.

This trepidation intensified as Moscow marked the anniversary of the Soviet Union’s victory over Nazi Germany in World War Two.

Read Also: Ukraine Battles To Hold Eastern Bastions As Russia Intensifies

Russian President Vladimir Putin who had presided over a display of Russia’s vast firepower in Moscow had told his troops they were fighting for Russia’s security now.

Russia’s intervention

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Long Queues Spotted In Abuja As Fuel Scarcity Hits FCT

Long Queues Spotted In Abuja As Fuel Scarcity Hits FCT

May 9, 2022 3:59 am

Long queues have been notably spotted in Abuja as most petrol stations have been shut down and put out of service following scarcity of Premium Motor Spirit (PMS).

Reports from the petrol supply situation in Wuse, Gwarimpa, Wuye and Kubwa areas of Abuja have shown that long queues had resurfaced with most fueling stations not selling to motorists.

A private car owner, Mr Alex Udoh said that the queue resurfaced on Saturday and all his efforts to buy fuel failed.

Read Also: Fuel Scarcity Looms As NUPENG Extends 14-Day Strike Notice

Udoh urged the government to find a lasting solution …

EKEDC Billing: Ebute-Metta Residents Take To The Streets

EKEDC Billing: Ebute-Metta Residents Take To The Streets

May 9, 2022 3:58 am

There was a bit of unrest on Sunday as residents of Ebute-Metta in Lagos State took to the streets to decry the highly estimated billing system which the Eko Electricity Distribution Company (EKEDC) is meting out to the community.

Most of the protesting residents who trooped out on Apapa Road moved over toOyingbo, at about 4.00 p.m. to show their discontent with the billing by the company.

The Chairman, Ebute-Metta West A, Eko Distribution Customer Forum, Mr Dapo Williams made clear allegations that the disco company engaged in illegality within the axis.

Read Also: EKEDC Denies Responsibility For Lekki Tollgate

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Thousands Of Soldiers On Alert Ahead Of Philippine Elections

Thousands Of Soldiers On Alert Ahead Of Philippine Elections

May 9, 2022 3:07 am

No fewer than 60,000 security forces in the Philippines were on Sunday placed on alert to safeguard ballots and polling stations on the eve of the presidential election after police reported four people killed in an outbreak of violence last weekend.

Africa Daily News, New York reports that elections are a traditionally volatile time in the country which has very lax gun laws and a violent political culture, but the national police said this season has been comparatively peaceful.

In one of the worst incidents, four people were killed Saturday in a gun battle between armed supporters of mayoral rivals …

Another Buhari's Minister, Pauline Tallen Joins 2023 Race

Another Buhari’s Minister, Pauline Tallen Joins 2023 Race

May 9, 2022 3:01 am
The Minister of Women Affairs and Social Development, Dame Pauline Tallen, has declared her intention to contest for the Plateau South Senatorial seat in the 2023 general elections swelling the number of appointees under the Muhammadu Buhari administration who have decided to vie for political office in 2023.
Africa Daily News, New York can confirm that the minister will battle Governor Simon Lalong, who is believed to be also interested in the senatorial seat. Lalong will serve out his two terms next year.
Plateau South Senatorial District covers six local government areas namely, Langtang North, Langtang South, Mikang, Qua’anpan, Shendam,
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Airline Operators Makes U-Turn, Cancel Nationwide Shutdown

Airline Operators Makes U-Turn, Cancel Nationwide Shutdown

May 9, 2022 2:56 am

The Airline Operators of Nigeria, (AON) have it has reneged on its the earlier decision to shut down flights beginning from Monday, May 9, calling off the suspension.

Africa Daily News, New York recalls that the AON had in a statement vowed to shut down operations following the high cost of aviation fuel.

In a statement by the president of the AON, Alhaji Abdulmunaf Yunusa Sarina on Sunday, he announced that airlines would continue operations as usual.

According to him, the development followed a deliberation with the Federal Government on how to tackle the fuel issue.

In a statement, Sarina …

Ukraine Battles To Hold Eastern Bastions As Russia Intensifies

Ukraine Battles To Hold Eastern Bastions As Russia Intensifies

May 9, 2022 2:43 am

Ukrainian forces were poised to defend their final bastion in the devastated port city of Mariupol yesterday, desperate to deny Russia a symbolic win on the eve of Moscow’s Victory Day celebrations.

Shelling and missile strikes have intensified in the build up to the World War II anniversary, and rescuers are hunting for 60 Ukrainian civilians feared killed in the bombing of a village school.

Africa Daily News, New York reports that President Volodymyr Zelensky marked the anniversary on the end of the World War by comparing Ukraine’s battle for national survival to the region’s war of resistance against its …

Strike Osun Monarchs Call For An End To FG, ASUU Face-Offs

Strike: Osun Monarchs Call For An End To FG, ASUU Face-Offs

May 9, 2022 2:11 am

The Osun State Council of Obas have described the strike of the Academic Staff Union of Universities (ASUU) as one that has set the nation’s education sector back, appealing to the union and the FG to work towards reaching a resolution in the interest of Nigerian students who are presently at home.

Expressing serious worry over the continued faceoff between the academia and the Federal Government, the monarchs held that they, as custodians of culture and traditions, cannot fold their arms and watch things degenerate.

The monarchs who sought calm and restraint from the two warring parties, added that it …

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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