Naira weakens to N1,365/$, records sharpest daily decline in 18 months
The naira depreciated by N28 against the US dollar to close at N1,365/$ on October 22, 2026, marking its sharpest single-day decline since April 2025.
The naira depreciated by N28 against the US dollar to close at N1,365/$ on October 22, 2026, marking its sharpest single-day decline since April 2025.
News
By Juliet Umeh The United Kingdom and Nigeria have strengthened their collaboration on artificial intelligence governance and digital transformation, following a series of engagements involving the British Standards Institution, BSI, and Nigerian government agencies. The engageme...
Local
Minister of Works, David Umahi has defended the cost of the Lagos-Calabar Coastal Highway, saying a standard kilometer costs N7.5 billion, about $5.5 million. Umahi stated this during an exclusive interview on Arise Television, where he was asked to justify the high cost of the p...
News
Former Remo Stars forward Sikiru Alimi is nearing a return to the Nigeria Premier Football League, NPFL, with Kano Pillars DAILY POST reports. Alimi was spotted training with Kano Pillars amid talks of a potential move to the four-time NPFL champions. The experienced forward left...
News
The management of Doma United have held a meeting with the leadership of the club's supporters after the club was sanctioned by the Nigeria Premier Football League, NPFL. The meeting was convened to address the circumstances that led to the fine for breaching various NPFL framewo...
News
When the Central Bank of Nigeria cut its benchmark interest rate by 350 basis points in September, one of the immediate concerns for bank investors was that the lower-rate environment would eventually reduce what banks earn from loans, government securities and surplus cash place...
News
The ECOMOG Veterans Association has called on the Federal Government to support efforts to repatriate the remains of Nigerian military personnel who died during peacekeeping operations in Liberia and Sierra Leone for proper military burial in Nigeria. The association also appeale...
business
The National Economic Council (NEC) has endorsed a 90-day economic action plan proposed by the Federal Ministry of Finance to consolidate the gains of President Bola Tinubu’s economic reforms, with a focus on reducing the cost of living and improving food affordability. The...
parks
By Ayobami Okerinde Alwan Hassan, a spokesperson for the All Progressives Congress (APC) Presidential Campaign Council, has alleged that some ministers pay billions of naira to secure appointments and subsequently focus on recovering the money. Hassan made the allegation during a...
safety
One person has been confirmed dead and three others injured after a building collapsed in the Fadeyi area of Lagos State. The incident occurred on Akinola Street, off Ikorodu Road, on Friday morning. An emergency response team carries out a search-and-rescue operation with an exc...
News
However, the World Health Organisation (WHO) and the Africa Centres for Disease Control and Prevention (Africa CDC) said they had not received verified information that the woman travelled to the Democratic Republic of the Congo (DRC), where the current Ebola outbreak began. The ...
safety
The Gombe State Sector Commander of the Federal Road Safety Corps (FRSC), Mr Samson Kaura, has confirmed the death of seven persons in a multiple crash that occurred along Gombe-Billiri Road in the state Kaura made the confirmation in an interview with the News Agency of Nigeria ...
schools
Dangote Cement Plc, Gboko Plant has awarded multi-million-naira scholarships to tertiary and secondary school students from its six host communities in Benue State.The company also presented starter packs, working tools and certificates to graduates of its Youth Empowerment Progr...
