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Naira drops to N770.38/$ as I&E is affected by demand pressure.

The first 22 days of President Bola Ahmed Tinubu’s administration have been a bitter-sweet for Nigerians, with the removal of fuel subsidies and the rumored Value Added Tax (VAT) on…

AyobamiBlog June 20, 2023
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Nigerians are uneasy about the rising cost of electricity and the 7.5% VAT on petrol.

The first 22 days of President Bola Ahmed Tinubu’s administration have been bittersweet for Nigerians, with quick-fire decisions and economic realities causing widespread discontent. The removal of fuel subsidies, education…

AyobamiBlog June 20, 2023
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Abbas emerges as 10th House of Reps Speaker

Tajudeen Abbas, the preferred candidate of the ruling All Progressives Congress, APC, has emerged as the Speaker of the House of Representatives. Abbas, who polled 353 votes, emerged as Speaker…

AyobamiBlog June 13, 2023
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Ondo Governor, Akeredolu finally transmits power to deputy

After weeks of speculation surrounding the health of Oluwarotimi Akeredolu, Governor of Ondo State, and his prolonged absence from the state, he officially transferred power to his deputy, Lucky Aiyedatiwa,…

AyobamiBlog June 13, 2023
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Subsidy: NLC, TUC suspend strike

Organised Labour made up of the Nigeria Labour Congress, NLC, and the Trade Union Congress of Nigeria, TUC, yesterday agreed to suspend its planned strike scheduled to begin tomorrow to…

AyobamiBlog June 6, 2023
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Tinubu meets with striking health workers, asks them to go back to work

President Bola Tinubu has pledged his administration’s commitment to the revival of the country’s health sector in order to restore public confidence. The president stated this while having an audience…

AyobamiBlog June 5, 2023
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Tinubu is about to face national resistance – Sowore

The presidential candidate of the African Action Congress, AAC, Omoyele Sowore has claimed that President Bola Tinubu is about to face a national resistance over what he described as “thoughtless…

AyobamiBlog June 5, 2023
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CBN Devalues Naira

The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters (I&E) The devaluation came 48 hours…

AyobamiBlog June 1, 2023
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NNPC welcomes the decision to remove subsidies on PMS

NNPC Limited welcomes the decision by the Federal Government to remove subsidies on PMS. Addressing the press, the GCEO of NNPC Limited, @MKKyari noted that the removal of the subsidy,…

AyobamiBlog May 30, 2023
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Members of my cabinet worried Buhari would throw them in prison – Jonathan

Goodluck Jonathan, a former president of Nigeria, asserted that his cabinet members feared being imprisoned when Muhammadu Buhari, the outgoing president, won the election in 2015. In an interview that…

AyobamiBlog May 30, 2023