5 h. ago Naira falls to ₦1,602.02/$1 amid persistent forex volatility

From Adanna Nnamani, Abuja The naira weakened further, Wednesday, closing at ₦1,602.02 per dollar in the official Nigerian Foreign Exchange Market (NFEM), according to the Central Bank of Nigeria (CBN). This marks a decline from Monday’s rate of N1,596 per dollar, driven by ongoing currency volatility and a shortage of dollar inflows. Intraday trading saw […] The post Naira falls to ₦1,602.02/$1 amid persistent forex volatility appeared first on The Sun Nigeria.

Politics

11 h. ago Heavy Downpour Wrecks Havok In Cross River Community As Falling Trees Destroy Cars, Properties

Some residents of Atimbo community, located in Calabar, Cross River, have decried over rising case of falling trees during rainfalls in the state. It was gathered that a Nissan Xterra Jeep was destroyed in a recent rainfall that occurred in one of the communities. Speaking with News Agency of Nigeria on Tuesday, Samuel Ekpenyong, said […] The post Heavy Downpour Wrecks Havok In Cross River Community As Falling Trees Destroy Cars, Properties appeared first on Information Nigeria.

Politics

15 h. ago Actress Omowunmi Dada Undergoes Leg Surgery After Prolonged Pain

Nollywood actress Omowunmi Dada has shared that she underwent leg surgery after enduring persistent pain for an extended period. On Tuesday, the actress posted a video on Instagram, showing footage of her surgery and the subsequent recovery process. She revealed that the fear of losing her ability to perform everyday tasks ultimately led her to […] The post Actress Omowunmi Dada Undergoes Leg Surgery After Prolonged Pain appeared first on Information Nigeria.

Politics

20 h. ago Niger Partners Russian Varsity For Multibillion Naira Mining Investment

Niger State Governor Mohammed Umaru Bago has embarked on a strategic visit to St. Petersburg Mining University in Russia in a bid to establish a multibillion naira mining sector investment in the state. LEADERSHIP reports that the state has been a thriving place for illegal miners, including foreign mercenaries and youths who engaged in drugs. […]

Politics

24 h. ago SON recommits to public safety, destroys substandard products

By Merit Ibe The Standards Organisation of Nigeria  (SON) has  reaffirmed its  unwavering commitment to public safety, consumer protection and the promotion of fair-trade practices in Nigeria. Director General and Chief Executive, SON, Dr. Ifeanyi Chukwunonso Okeke  made the commitment yesterday, during the  destruction exercise of substandard products worth billions of naira at the organisation’s […] The post SON recommits to public safety, destroys substandard products appeared first on The Sun Nigeria.

Politics

26 h. ago Cement titans record N1.53trn revenue boost amid FX stability, surging demand

By Chinwendu Obienyi Nigeria’s cement industry has kicked off 2025 on a high note, recording a combined revenue surge of N1.53 trillion in the first quarter (Q1) of the year. This was fueled by strengthening naira, strong local demand and effective cost-saving strategies. The performance marks a sharp rebound from the currency-induced headwinds that dragged […] The post Cement titans record N1.53trn revenue boost amid FX stability, surging demand appeared first on The Sun Nigeria.

Politics

31 h. ago Bago’s Russia visit to reform Niger’s mining sector, commissioner says

From John Adams, Minna The Niger State Government has clarified that Governor Mohammed Umaru Bago’s visit to St. Petersburg, Russia, aimed to secure a multi-billion-naira partnership with St. Petersburg Mining University to develop the state’s mining sector. Hon. Aminu Suleiman Takuma, the Niger State Commissioner for Trade and Investment, outlined the visit’s significance in a […] The post Bago’s Russia visit to reform Niger’s mining sector, commissioner says appeared first on The Sun Nigeria.

Politics

31 h. ago Falling commodity prices may ease inflation risks, trade tensions – World Bank

…as global commodity prices expected to drop to six-year low by 2026 The World Bank Group said falling commodity prices read more Falling commodity prices may ease inflation risks, trade tensions – World Bank

Economics

35 h. ago Meet the itel A90: The Only Colorful & Durable Smartphone You Can Get for Under 100,000 Naira.

In a world where smartphones are becoming increasingly expensive, the new itel A90 is a breath of fresh air. Combining stunning aesthetics with unbeatable durability and performance, this device proves that you don’t need to spend a fortune to own a phone that’s reliable, stylish, and packed with smart features. Whether you’re a student, entrepreneur, […] The post Meet the itel A90: The Only Colorful & Durable Smartphone You Can Get for Under 100,000 Naira. appeared first on Information Nigeria.

Politics

36 h. ago Naira abuse: Produce Okoya’s children – VeryDarkMan tells EFCC after E

By John Ogunsemore Activist, Martins Otse popularly known as VeryDarkMan has asked the Economic and Financial Crimes Commission (EFCC) to provide an update in the naira abuse case against the children of billionaire businessman, Chief Rasaq Okoya. VeryDarkMan made the call in a video shared on Facebook on Tuesday following reports of EFCC’s arrest of […] The post Naira abuse: Produce Okoya’s children – VeryDarkMan tells EFCC after E-Money’s arrest appeared first on The Sun Nigeria.

Politics

54 h. ago Naira Redesign: Court Strikes Out N1bn Suit Against Buhari, Emefiele, CBN

The Federal High Court in Abuja presided over by Justice Inyang Edem Ekwo has struck out a N1 billion suit filed against former President Muhammadu Buhari and former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, over the hardships that trailed the 2023 Naira redesign policy. The judge dismissed the suit filed by […]

Events

66 h. ago Low Disposable Income, High Interest Loans Cripple MSMEs In Q1

Despite the stability of Naira and FX interactions in Q1, 2025, the micro, small and medium enterprises(MSMEs) in the country continues to glitch on dwindling purchasing power, double-digits price hike, low disposable incomes of consumers, high production cost and harsh business fundamentals that put strains on household budgets. LEADERSHIP Checks revealed that MSMEs experienced a […]

Politics

68 h. ago Professors’ Monthly Earnings Of Less Than N1 m, Ridiculous – CONUA

The Congress of University Academics (CONUA) has decried the current state of academic remuneration, describing it as ridiculous and not motivating for a Nigerian professor to earn less than a million naira monthly. Speaking to journalists at the just-concluded 1st Quadrennial Delegates Conference of the Trade Union Congress (TUC) of Nigeria in Abuja, the national […]

Politics

3 d. ago Plateau, Benue crisis: Over 80 communities under ISWAP control –CRA

From Sola Ojo, Abuja The Christian Rights Agenda (CRA) has raised the  alarm over the escalating wave of terror attacks in Benue, Plateau, and other parts of northern Nigeria, revealing that more than 80 communities have fallen under the control of Islamic State West Africa Province (ISWAP) fighters. Secretary-General of CRA in a statement issued […] The post Plateau, Benue crisis: Over 80 communities under ISWAP control –CRA appeared first on The Sun Nigeria.

Politics

3 d. ago Plateau, Benue killings: Over 80 communities under ISWAP control – CRA sounds alarm

From Sola Ojo, Abuja The Christian Rights Agenda (CRA) has sounded a serious alarm over the escalating wave of terror attacks in Benue, Plateau, and other parts of northern Nigeria, revealing that more than 80 communities have fallen under the control of Islamic State West Africa Province (ISWAP) fighters. Secretary-General of CRA in a statement […] The post Plateau, Benue killings: Over 80 communities under ISWAP control – CRA sounds alarm appeared first on The Sun Nigeria.

Politics

3 d. ago Rainstorm wrecks NYSC Yikpata camp, destroys millions in property

From Layi Olanrewaju, Ilorin A powerful rainstorm struck the National Youth Service Corps (NYSC) orientation camp in Yikpata, Edu Local Government Area, Kwara State, on Saturday, April 26, causing extensive damage to facilities and properties worth millions of naira. The heavy rainfall, coupled with strong winds, devastated the camp’s infrastructure. An anonymous source at the […] The post Rainstorm wrecks NYSC Yikpata camp, destroys millions in property appeared first on The Sun Nigeria.

Politics

3 d. ago Many escape death as truck falls off Lagos bridge, lands on 2 buses

By Christopher Oji Many people escaped death yesterday as a truck fell off Agege bridge in Lagos and landed on two buses. There was pandemonium when the fully loaded truck with registration No GGE 624 YJ, fell off the bridge leaving people scampering for safety. A witness, Saliu Babs, a commercial bus driver, told Sunday […] The post Many escape death as truck falls off Lagos bridge, lands on 2 buses appeared first on The Sun Nigeria.

Politics

4 d. ago N38bn National Assembly renovation fails to fix leaking roof, contractor denies claims

From Adesuwa Tsan, Abuja Despite a N38 billion renovation project, the National Assembly’s White House, housing the Senate and House of Representatives chambers, continues to face concerns over persistent roof leaks. Heavy rainfall on Friday, April 25, exposed flooding in the chambers, raising fresh questions about the quality and value of the renovation work completed […] The post N38bn National Assembly renovation fails to fix leaking roof, contractor denies claims appeared first on The Sun Nigeria.

Politics

4 d. ago Tinubu’s reforms saved Nigeria’s economy from collapse – Senator Adeola

From Laide Raheem, Abeokuta Senator Solomon Adeola, representing Ogun West at the National Assembly, has credited President Bola Tinubu with preventing Nigeria’s economic collapse through the removal of fuel subsidies and the floating of the naira. Adeola, who chairs the Senate Committee on Appropriations, claimed that the previous administration borrowed heavily to fund subsidies and […] The post Tinubu’s reforms saved Nigeria’s economy from collapse – Senator Adeola appeared first on The Sun Nigeria.

Politics

4 d. ago Terry Apala Remanded In Ikoyi Correctional Centre Over Naira Mutilation Charges

A high court in Ikoyi has ordered the detention of Nigerian singer Terry Apala at the Ikoyi correctional center over alleged abuse of naira notes. In a statement on Friday, the Economic and Financial Crimes Commission (EFCC) revealed that Apala was arraigned on a one-count charge of naira mutilation. The commission alleged that the singer […] The post Terry Apala Remanded In Ikoyi Correctional Centre Over Naira Mutilation Charges appeared first on Information Nigeria.

Politics