Author: bibncollar

The naira extended its losing streak against the dollar for the fourth consecutive trading session, marking its steepest depreciation in 48 hours. According to data from the Central Bank of Nigeria (CBN), the naira fell to ₦1,554.85 per dollar on Thursday, down from ₦1,543.91 recorded on Wednesday—representing a ₦10.92 drop at the official market. Similarly, in the black market, the naira weakened further to ₦1,590 per dollar on Thursday, a ₦5 decline from the previous day’s rate of ₦1,585. The continuous decline suggests that the naira is rapidly reversing its previous months of appreciation and stability, despite intervention measures by…

The Supreme Egbesu Assembly (SEA), a traditional institution of the Ijaw people, has warned President Bola Ahmed Tinubu that it will deliver an unexpected response if Rivers State Governor Siminalayi Fubara is impeached. SEA Chairman, Werinipre Noel Digifa, issued the statement while reacting to comments by the Minister of the Federal Capital Territory (FCT), Nyesom Wike, who recently declared that “heaven will not fall” if Fubara is removed from office. “Heaven will not fall if Fubara is impeached. We won’t resort to violence either. But at the right time, we will show President Tinubu what one of his ‘best eleven’…

A tragic accident on the Abuja-Makurdi Highway has claimed multiple lives following a high-speed collision involving a commercial bus operated by Flight Transport Company. The fatal crash occurred on Thursday, leaving several passengers dead and many others injured. A distressing video from the scene, shows lifeless bodies sprawled across the road as bystanders mourn in shock. Eyewitnesses recounted the moments leading up to the crash, blaming excessive speed for the disaster. One witness, narrating in the video, recalled warning about the driver’s reckless driving. “When this driver overtook us, I was complaining about his speed. This Flight Bus, I was…

Former Labour Party presidential candidate, Peter Obi, has taken a jab at President Bola Tinubu, sarcastically commending him for fulfilling his pledge to continue from where former President Muhammadu Buhari left off. Speaking during a visit to Bauchi State Governor Bala Mohammed on Thursday, Obi criticized Tinubu’s administration for its handling of the economy. He urged Nigerians to move beyond ethnic and religious politics and instead prioritize competence and capacity in governance. “Tinubu promised to continue where Buhari stopped. If you look at it, Buhari left the dollar at about N400; today, it is about N1,500. Rice was about N40,000;…

Major Dr. Hamza Al-Mustapha, former Chief Security Officer to late military ruler General Sani Abacha, has officially defected to the Social Democratic Party (SDP), signaling a new chapter in his political career. Al-Mustapha arrived at the SDP headquarters in Abuja alongside his team, where he was warmly received by party leaders and supporters. Speaking at the event, he emphasized that his decision to join the party reflects his commitment to leadership anchored on justice, security, and national progress. His defection follows that of former Kaduna State governor, Nasir El-Rufa’i, who recently joined the SDP. El-Rufa’i has openly stated plans to…

The Network Against Corruption and Trafficking (NACAT) has called on the Senate Committee on Budgetary Allocations to summon the Nigerian Midstream & Downstream Petroleum Regulatory Authority (NMDPRA) to publicly disclose and defend its 2025 budget. Speaking at a press briefing in Abuja on Wednesday, NACAT’s Executive Director of Investigation, Fejiro Oliver Tega, accused NMDPRA of consistently operating under a veil of secrecy regarding its budget. He urged the Senate to demand accountability from the agency’s management, warning that failure to do so would prompt NACAT to petition the Economic and Financial Crimes Commission (EFCC) for a full-scale investigation. According to…

Canada’s counter-tariffs on U.S. products took effect on Thursday in response to the 25% tariffs imposed by former U.S. President Donald Trump on steel and aluminum imports. Starting at midnight (0400 GMT), Canada levied tariffs on approximately 29 billion Canadian dollars (20 billion U.S. dollars) worth of American imports, including steel, aluminum, computers, and sports equipment. Prime Minister-designate Mark Carney criticized the U.S. tariffs as unjustified and harmful to Canadian workers. “We’re rightly retaliating, and every dollar from our tariffs will support our workers,” Carney posted on X. Carney, who was elected as the new leader of the Liberal Party…

The Chairman of Boki Local Government Area in Cross River State, Eti-Eka Beatrice Etta Nyiam, and the Country Director of the Wildlife Conservation Society (WCS), Andrew Dunn, have refuted claims that elephants killed several people in Bamba, Butatong, and nearby communities. Their response follows a statement by a member of the House of Representatives, Victor Abang, who recently alleged that elephants strayed from Okwangwo Forest in the Cross River National Park between January 6 and 15, and again on February 8, 2025, causing fatalities and widespread destruction. However, in an exclusive interview with DAILY POST, Nyiam dismissed the report as…

Former Labour Party (LP) presidential candidate, Peter Obi, met with Bauchi State Governor, Bala Mohammed, behind closed doors on Thursday at the Ramat House in Bauchi. While the purpose of the meeting remains undisclosed, Channels Television reports that both leaders are expected to address the media afterward. Sources suggest the meeting could be linked to political realignments ahead of the 2027 general election. This follows recent developments involving former Kaduna State Governor, Nasir El-Rufai, who recently left the All Progressives Congress (APC) for the Social Democratic Party (SDP). El-Rufai’s defection has fueled speculation about efforts to build an opposition coalition,…

Rivers-based activist, Jake Epelle, has strongly criticized the Minister of the Federal Capital Territory, Nyesom Wike, over the ongoing political crisis in Rivers State, asserting that any impeachment attempt against Governor Siminalayi Fubara will not succeed. Speaking on The Morning Brief, a Channels Television program, Epelle warned Wike to stop threatening Fubara with impeachment, insisting that the governor has not committed any offense warranting removal. “Let them attempt impeachment, they will not succeed. Nobody will impeach Fubara. I say that openly on national television because he has not committed any impeachable offense,” Epelle declared. “The people are solidly behind him.”…