GISTSMATE 01

Naira Gains Rapidly Against Dollar As Sellers Struggle To Find Buyers

The exchange rate between the naira and the dollar continued its rapid appreciation on the official EFEM market, closing at N1,535/$1 on Friday, December 6, 2024. This marks a significant milestone, as the naira strengthens further following three consecutive days of appreciation since the Central Bank of Nigeria (CBN) introduced the Enhanced Foreign Exchange Market…

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Deji Adeyanju Apologizes To PDP Chairman And Secretary After Defamation Claims

Human rights lawyer Deji Adeyanju has tendered an apology to the acting National Chairman and the acting National Secretary of the Peoples Democratic Party (PDP), Umar Damagun and Senator Samuel Anyanwu. Adeyanju’s apology comes after he made alleged defamatory statements against Damagun and Anyanwu during a podcast interview. In the interview, Adeyanju accused Damagun of…

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FLASH: PDP Expels Ugochinyere Over Gross Indiscipline

The member representing Ideato North/Ideato South Federal Constituency of Imo State and spokesman of the Coalition of United Political Parties, Ikenga Imo Ugochinyere, has been expelled from the Peoples Democratic Party with immediate effect over gross indiscipline, insubordination and anti-party activities. In a statement issued on Friday, the Imo PDP Publicity Secretary, Lancelot Obiak, said…

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EFCC Arrests 24 Suspected Internet Fraudsters 

Operatives of the Economic and Financial Crimes Commission (EFCC), Abuja Zonal Directorate, have arrested 24 suspected internet fraudsters. Its Spokesperson, Mr Dele Oyewale, said this in a statement on Friday in Abuja. According to him, the suspects were arrested on Friday in Lokoja following credible intelligence about their suspected involvement in internet-related offences. He said…

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