Naira defies CBN’s forex reforms, tumbled 41% in 2024

The official exchange rate between the naira and the United States dollar ended in 2024 at N1,535/$, an analysis of data from the Central Bank of Nigeria has shown. This was a 40.9 per cent depreciation over the year when compared to the official rate at the close of 2023, which stood at N907.11/$. The
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The official exchange rate between the naira and the United States dollar ended in 2024 at N1,535/$, an analysis of data from the Central Bank of Nigeria has shown. This was a 40.9 per cent depreciation over the year when compared to the official rate at the close of 2023, which stood at N907.11/$. The

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Lagos Liga fetes players, unveil Metamo Naija Cup

Organisers of the just-concluded Lagos Liga football tournament, Metamo Sports, have announced a new tournament tagged the Metamo Naija Cup 2025, which will run separately from the N50m winner-take-all all tournament in 2025. The seven-aside Lagos Liga non-professional football tournament ended last Friday, December 27, 2024 and was won by Abuja-based Primal Sporting FC who
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Organisers of the just-concluded Lagos Liga football tournament, Metamo Sports, have announced a new tournament tagged the Metamo Naija Cup 2025, which will run separately from the N50m winner-take-all all tournament in 2025. The seven-aside Lagos Liga non-professional football tournament ended last Friday, December 27, 2024 and was won by Abuja-based Primal Sporting FC who

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Nigerian stars in Europe’s winter transfer market

The January transfer window has opened with several Nigerian stars at the heart of potential blockbuster moves across Europe’s top leagues. From Manchester United’s pursuit of Victor Osimhen to Arsenal’s interest in African Footballer of The Year Ademola Lookman, PUNCH Sports Extra’s PETER AKINBO examines the situations of Super Eagles players who could be on
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The January transfer window has opened with several Nigerian stars at the heart of potential blockbuster moves across Europe’s top leagues. From Manchester United’s pursuit of Victor Osimhen to Arsenal’s interest in African Footballer of The Year Ademola Lookman, PUNCH Sports Extra’s PETER AKINBO examines the situations of Super Eagles players who could be on

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Tinubu urged to intervene in Lagos-Calabar road crisis

The Chief Executive Officer of Winhomes Global Estate, Stella Okengwu, has called on President Bola Tinubu to intervene in the Lagos-Calabar Coastal Road diversion crisis, citing its adverse impact on the larger economy. Okengwu raised concerns over the lingering issue, which she said had jeopardised investments worth millions of naira in the Okun Ajah axis
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The Chief Executive Officer of Winhomes Global Estate, Stella Okengwu, has called on President Bola Tinubu to intervene in the Lagos-Calabar Coastal Road diversion crisis, citing its adverse impact on the larger economy. Okengwu raised concerns over the lingering issue, which she said had jeopardised investments worth millions of naira in the Okun Ajah axis

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Battle of The Ages: Agboola claims national boxing title

The Battle of The Ages fight night delivered an action-packed evening of boxing featuring knockouts and a title change at the Campos Mini Stadium, Lagos Island on Sunday, PUNCH Sports Extra reports. Ibadan-based Durotimi Agboola claimed the National super-bantamweight title with a fourth-round knockout of Sulaimon Ahmed in one of the night’s biggest upsets. The
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The Battle of The Ages fight night delivered an action-packed evening of boxing featuring knockouts and a title change at the Campos Mini Stadium, Lagos Island on Sunday, PUNCH Sports Extra reports. Ibadan-based Durotimi Agboola claimed the National super-bantamweight title with a fourth-round knockout of Sulaimon Ahmed in one of the night’s biggest upsets. The

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Let’s resist efforts to enslave Nigerians, Tinubu tells N’Assembly leaders

President Bola Tinubu on Wednesday said his administration will fight off those who are determined to enslave Nigeria and its people. Tinubu said his administration was encouraged by the National Assembly’s support over the last 19 months and was determined to take Nigeria to the Promised Land. “The enslavers want us to be an enslaved
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President Bola Tinubu on Wednesday said his administration will fight off those who are determined to enslave Nigeria and its people. Tinubu said his administration was encouraged by the National Assembly’s support over the last 19 months and was determined to take Nigeria to the Promised Land. “The enslavers want us to be an enslaved

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Draw closer to God, Olukoya urges Christians

The General Overseer of Mountain of Fire and Miracles Ministries, Dr. Daniel Olukoya, has urged believers worldwide to strengthen their connection with God as the ultimate strategy for navigating the challenges of 2025. Speaking during the church’s inter-denominational Cross Over/Prosperity Night at Prayer City, Lagos-Ibadan Expressway, Olukoya declared 2025 as a year of restoration and
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The General Overseer of Mountain of Fire and Miracles Ministries, Dr. Daniel Olukoya, has urged believers worldwide to strengthen their connection with God as the ultimate strategy for navigating the challenges of 2025. Speaking during the church’s inter-denominational Cross Over/Prosperity Night at Prayer City, Lagos-Ibadan Expressway, Olukoya declared 2025 as a year of restoration and

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Kano milk market hits N200m daily sales

The Cow Milk Marketers Association at Wanbai Market, Kano State, has reported a rise in daily sales to N200m. This, the association said, was made possible after the state government and the Islamic Development Bank rehabilitated the market. It, however, called on the government to ensure the completion of all the 40 milk collection centres
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The Cow Milk Marketers Association at Wanbai Market, Kano State, has reported a rise in daily sales to N200m. This, the association said, was made possible after the state government and the Islamic Development Bank rehabilitated the market. It, however, called on the government to ensure the completion of all the 40 milk collection centres

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2025, year of long battle with FG, ASUU declares

The Academic Staff Union of Universities has warned that “in the absence of visible and concrete efforts at addressing pending issues and meeting its expectations, 2025 will be a year of long-drawn confrontation between the union and the Federal Government.” Describing efforts made by the Federal Government to address its issues last year as window-dressing
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The Academic Staff Union of Universities has warned that “in the absence of visible and concrete efforts at addressing pending issues and meeting its expectations, 2025 will be a year of long-drawn confrontation between the union and the Federal Government.” Describing efforts made by the Federal Government to address its issues last year as window-dressing

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Ekiti to become Nigeria’s agro-allied export hub – Oyebanji

Ekiti State Governor, Mr Biodun Oyebanji, declared on Wednesday that with the Ekiti Agro-Allied International Cargo Airport, the state was on course to becoming Nigeria’s agro-allied export hub. In his New Year address, broadcast statewide across radio and television stations, Governor Oyebanji described the recent approval by the Nigerian Civil Aviation Authority for non-scheduled flight
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Ekiti State Governor, Mr Biodun Oyebanji, declared on Wednesday that with the Ekiti Agro-Allied International Cargo Airport, the state was on course to becoming Nigeria’s agro-allied export hub. In his New Year address, broadcast statewide across radio and television stations, Governor Oyebanji described the recent approval by the Nigerian Civil Aviation Authority for non-scheduled flight

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Business & Economy

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