If you’re sending money home from London, paying school fees, or just trying to figure out how far your pounds will stretch in Lagos or Abuja, you need real numbers, not guesswork. The exchange rate pound to naira shifts by the hour, and the figure your bank quotes rarely matches what you’ll actually get at a bureau de change or from a street trader in Allen Avenue. That gap exists because Nigeria runs two parallel markets. The official exchange rate, set through the Central Bank of Nigeria’s window and used by banks and licensed operators, differs from the black market…
Author: Globalnews
Super Eagles midfielder Frank Onyeka has called on Nigeria to approach every match with the determination to secure maximum points as the team begins its campaign to qualify for the 2027 Africa Cup of Nations (AFCON). Nigeria will kick off its AFCON 2027 qualifying campaign against Madagascar’s Barea in a home fixture at the Godswill Akpabio International Stadium in Uyo on Friday, with Onyeka emphasizing the importance of making a positive start. Onyeka Targets Winning Start for Super Eagles Speaking to journalists during a media parley in Uyo, Onyeka stressed that Nigeria must maintain a winning mentality throughout the qualifying…
The National Bureau of Statistics (NBS) has disclosed that the 36 states of Nigeria and the Federal Capital Territory (FCT) generated a combined ₦5.15 trillion in Internally Generated Revenue (IGR) in 2025. According to the NBS, the figure represents a 40.93 percent increase compared with the ₦3.65 trillion recorded in 2024. The statistics bureau, in its latest report released on Thursday, cited data from the Nigeria Revenue Service (NRS) as the source of the revenue figures. Lagos Leads States in IGR Lagos State recorded the highest internally generated revenue in 2025, generating ₦1.77 trillion during the period under review. It…
Carlos Queiroz has released an emotional farewell statement after mutually agreeing to terminate his contract as head coach of Ghana’s senior national football team, the Black Stars, following a disappointing run of results in the 2027 Africa Cup of Nations (AFCON) qualifiers. The Ghana Football Association (GFA) confirmed on Thursday, October 1, that it had reached a mutual agreement with the Portuguese tactician to end his service agreement after discussions conducted in a spirit of mutual respect. The decision comes just two days after Ghana suffered a painful 4-2 home defeat to Gambia in their 2027 AFCON qualifying encounter at…
Former Nigerian President, Goodluck Jonathan, has urged Nigerians to prioritise peace, national unity and justice as the country prepares for the 2027 general elections. Jonathan made the appeal in his Independence Day message on Thursday, October 1, 2026, as Nigeria marked its 66th anniversary of independence. In the message, the former president described the forthcoming electoral season as a significant test of the country’s democratic maturity, calling on citizens to remain patriotic and committed to protecting Nigeria’s unity. He urged Nigerians to ensure that their actions and political engagements promote peace, justice and national cohesion as political activities intensify ahead…
The Imo State Police Command has confirmed that members of the National Youth Service Corps (NYSC) were among passengers abducted by gunmen along the Owerri-Onitsha Expressway in Imo State on Thursday, October 1, 2026. The police disclosed that 10 victims had been rescued following the attack, while the exact number of passengers still in captivity was yet to be established. The Imo State Police Command spokesperson, Okoye Henry, confirmed the incident in a statement issued on Thursday, stating that the attack occurred at about 6:30 a.m. near Umunoha along the busy expressway. According to the police, two 18-seater buses conveying…
Popular streamer and skit maker Carter Efe has defeated rapper Speed Darlington in the men’s celebrity boxing contest at Chaos in the Ring in Lagos, while reality TV star Phyna knocked out actress Nkechi Blessing Sunday in the women’s bout to claim a ₦50 million prize and a car. The celebrity boxing event was held at Balmoral Hall, Federal Palace Resort, Lagos, on Thursday, October 1, as part of Nigeria’s Independence Day celebrations. The fights continued into the early hours of Friday, October 2. Carter Efe, whose real name is Oderhohwo Joseph Efe, retained his celebrity boxing title after defeating…
The Sultan of Sokoto, Muhammad Sa’ad Abubakar III, has disclosed that he received campaign representatives of President Bola Ahmed Tinubu and former Labour Party presidential candidate, Peter Obi, ahead of the 2027 general elections. The Sultan, however, clarified that the Nigerian Supreme Council for Islamic Affairs (NSCIA) is not involved in partisan politics, stressing that the council remains open to receiving political leaders and delegations from different parties. Abubakar made this known while speaking at the NSCIA General Assembly in Abuja on Thursday, where he revealed that political groups had begun reaching out to the council as preparations for the…
BMW is ushering in a new era for its popular luxury sedan with the 2027 BMW 3-Series, marking the beginning of the model’s eighth generation and introducing the brand’s distinctive Neue Klasse design language. The upcoming BMW 3-Series features a significant exterior redesign, updated powertrain options, a larger body and a range of performance-focused trims. The new model represents a major transformation for the long-running sedan as BMW continues to modernise its vehicle lineup. One of the most noticeable changes is the removal of the traditional slim kidney grilles that have characterised previous generations of the BMW 3-Series. Instead, the…
The Rivers State House of Assembly has suspended other legislative activities to urgently assess the worsening flood situation across the state, following reports of widespread destruction of homes, roads and sources of livelihood. The decision was reached on Tuesday during the 55th Legislative Sitting of the Fourth Session of the Assembly after the Deputy Majority Leader, Hon. Linda Somiari-Stewart, raised a Motion of Definite Matter of Urgent Public Importance under Order 26 of the House’s Standing Orders. Somiari-Stewart drew the attention of lawmakers to the plight of residents affected by the flooding, noting that several communities had suffered severe damage,…