Author: Olaoluwa Vincent Ajayi

President of Cuba, Miguel Díaz-Canel, has sharply condemned recent U.S. military strikes on Venezuela, describing them as an act of “state terrorism” and calling for an urgent international response. In a statement posted on social media, Díaz-Canel denounced what he called a “criminal attack” by the United States against Venezuela, warning that the escalation threatens regional peace and stability across Latin America and the Caribbean. “Our #ZonaDePaz is being brutally assaulted,” he wrote, referencing the 2014 proclamation signed in Havana that declared Latin America and the Caribbean a “Zone of Peace.” He added that the strikes amounted to “state terrorism…

The US president launched air strikes on Caracas earlier this morning using black hawk helicopters and chinooks, before breaking the extraordinary news that Mr Maduro and his wife had been taken into custody and flown out of the country. In a post on Truth Social, Mr Trump said: “The United States of America has successfully carried out a large scale strike against Venezuela and its leader, President Nicolas Maduro, who has been, along with his wife, captured and flown out of the Country. This operation was done in conjunction with U.S. Law Enforcement. Details to follow. There will be a…

United States has launched military strikes inside Venezuela, sharply escalating tensions between Washington and Caracas after months of warnings by U.S. President Donald Trump against the government of Venezuelan leader Nicolas Maduro. According to a report by Reuters, explosions were heard across Venezuela’s capital, Caracas, late Friday, as a U.S. official confirmed that American forces had carried out operations on Venezuelan soil. Venezuelan authorities said additional attacks were recorded in the states of Miranda, Aragua and La Guaira, signalling a broadening of the military action beyond the capital. In response, President Maduro declared a national emergency and ordered the immediate…

Nigerian naira traded steadily against the euro today, with exchange rates holding firm across both the official and black market segments, according to data published by NGNToday. The figures show no change between consecutive updates, suggesting a brief period of calm in the euro–naira market amid lingering structural pressures. NGNToday data indicate that the official exchange rate for the euro remained at ₦1,687 per €1, while the black market (parallel market) rate stood at ₦1,750 per €1. These rates were recorded consistently across updates, pointing to short-term stability as traders and end users adjust positions early in the trading cycle. Official Market:…

The Nigerian foreign exchange market presented a mixed picture today as the British pound sterling traded at varying levels against the naira across official and black market segments. Latest data from NGNToday indicate continued pressure on the naira, driven by sustained demand for foreign currency and limited supply within the official window. According to figures published by the NGNToday platform, the official exchange rate for the UK pound stood at ₦1,934 per £1, while the black market (parallel market) rate was quoted at ₦1,965 per £1. In a separate parallel market update, the pound was also exchanged at ₦1,965 per £1 across both…

The Nigerian naira maintained a stable position against the United States dollar in the opening days of January 2026, with no movement recorded in both the official and black market segments of the foreign exchange market. Data published by NGNToday show that the exchange rate remained unchanged on January 2 and January 3, 2026, reflecting a period of short-term equilibrium in the currency market. According to the figures, the official exchange rate stood at ₦1,435 per US dollar, while the black market (parallel market) rate remained at ₦1,480 per dollar on both days. This consistency suggests a temporary balance between dollar supply and…

British-Nigerian boxing star Anthony Joshua has made a heartbreaking visit to a Lagos funeral home to bid farewell to his late friends, Sina Ghami and Latif Ayodele, following his discharge from hospital. The heavyweight champion sustained minor injuries in the accident on the Lagos-Ibadan Expressway on Monday, but tragically, both of his close associates lost their lives. Joshua, 36, was released from Lagoon Hospital, Ikoyi, where doctors confirmed he was clinically fit to recuperate at home. Accompanied by his mother, the boxer visited the funeral home where the bodies of Ghami and Ayodele were being kept ahead of their repatriation…

The Naira continues to face pressure in the foreign exchange market as the Euro trades at ₦1,750 on the black market, according to the latest data from NGNToday. At the official rate, the Euro is exchanging for ₦1,687, reflecting a significant gap between the official and parallel market rates, which has become a recurring trend in Nigeria’s currency market. The disparity between the official and black market rates underscores the ongoing challenges faced by the Naira amidst global economic pressures and local demand for foreign currency. Analysts note that while the Central Bank of Nigeria (CBN) maintains a controlled official…

The British Pound Sterling continues to trade strongly against the Nigerian Naira, with a noticeable gap between the official exchange rate and the black market rate, according to data obtained from the NGNToday platform. The sustained disparity highlights ongoing pressure in Nigeria’s foreign exchange market, driven by demand for foreign currency and limited supply through official channels. As of today, the official exchange rate for the British Pound stands at ₦1,934, while the currency is being traded at ₦1,965 on the black market, reflecting a ₦31 premium. This difference underscores the continued reliance of individuals and businesses on the parallel…

The Nigerian naira recorded a mixed performance against the United States dollar today, as differences between the official foreign exchange market and the parallel (black) market continue to reflect underlying pressures within the country’s forex system. According to information available from the NGNToday platform, the official exchange rate stands at ₦1,435 per US dollar, while the black market rate is trading at ₦1,480 per dollar. This ₦45 gap between the two rates underscores the persistent imbalance between foreign exchange supply and demand in Nigeria. While the official rate suggests a level of stability supported by regulatory oversight and policy interventions,…