Author: New Daily Prime

The euro maintained a stable footing against the Nigerian naira on Sunday, January 5, extending the calm seen in the foreign exchange market a day earlier. Figures from the NGNToday platform indicate that the euro maintained its position, exchanging at N1,678 through official channels and N1,705 on the parallel market, with no change from the levels seen on January 4. The unchanged figures reflect a brief pause in market activity, as traders, businesses and investors appear to have adjusted to prevailing price levels. Currency dealers say the steady exchange rate suggests a temporary balance between euro demand and available supply,…

On 4 January, the Nigerian naira experienced continued pressure against the British pound, with significant gaps persisting between official and parallel market rates. Data obtained from the NGNToday platform show that the pound exchanged at N1,925 at the official market, while in the black market it traded at N1,995, reflecting a N70 differential that underscores ongoing foreign exchange pressures in the country. Analysts attribute the widening gap to a combination of strong demand in the informal market and limited supply through official channels. Businesses and individuals who rely on foreign currency for imports, tuition payments, medical travel, and other offshore…

The Nigerian naira came under renewed pressure on 4 January, as the euro continued to strengthen in the country’s parallel foreign exchange market. According to the NGNToday platform, the euro exchanged at N1,705 in the black market, highlighting the ongoing tension between demand and supply for foreign currency. The persistent gap between demand and availability has kept the parallel market active, with traders and importers turning to unofficial channels to meet euro needs.  The pound’s rise reflects continued reliance on foreign currency for overseas education, medical expenses, travel, and import payments, all of which remain major drains on the local…

The Nigerian naira recorded mixed movements against the United States dollar on Saturday, 4 January, as the foreign exchange market continued to reflect underlying pressures from demand-supply imbalances, policy adjustments and market sentiment. Data obtained from the NGNToday platform show that the US dollar exchanged at N1,430 at the official window, while the greenback traded significantly higher at N1,490 in the parallel, commonly referred to as the black market. The N60 differential between the official and parallel market rates underscores the persistent segmentation within Nigeria’s foreign exchange system, despite ongoing reforms by the Central Bank of Nigeria (CBN) aimed at…

Mobolaji Olanike Akinrelere has been nominated for the New Daily Prime 2025 Cultural Promotion Excellence Award in recognition of her distinguished service in promoting Yoruba culture, particularly Ekiti heritage, across the world. Her content is highly educational and impactful. New Daily Prime is a UK-based newspaper with a strong focus on Nigeria and global affairs, and a growing readership across Europe and the United States. The publication celebrates leadership that promotes unity, cultural preservation, peace, and societal stability within Nigeria and across the diaspora. The nomination places her alongside senior political figures and public personalities whose influence has been built not through…

By Clement Abayomi Nyesom Wike, former Rivers State Governor, is one of the most controversial political personalities in Nigeria. As a prominent Nigerian politician and current Minister of the Federal Capital Territory (FCT), he has long been a subject of national discourse. This is not only because of his leadership but also for the persistent controversies surrounding his wealth. Argument over Wike’s actual net worth is at its peak in 2025 as a result of claims, accusations, and counterclaims pushing his finances into the limelight. This article builds on the established facts, accusations and denials that have made Wike’s finances…

By Sakariyah, Ridwanullah When Oba Adeyeye Enitan Ogunwusi Ojaja II ascended the throne as the 51st Ooni of Ife in December 2015, his emergence marked a rare convergence of ancient Yoruba royalty and modern entrepreneurial pedigree. Nearly a decade later, the Ooni stands as one of Nigeria’s most visible traditional rulers, with public interest extending beyond culture and spirituality to questions about his personal wealth and economic influence. In 2025, the net worth of the Ooni of Ife is estimated at approximately $70 million according to various independent financial trackers, including a May 2025 valuation by Pulse Ghana. A Nigerian…

By Jeremiah Aminu New Daily Prime nominee Kayode Adaramodu, along with Olubunmi Tunji-Ojo, Minister of Interior; Professor Nentawe Yilwatda, National Chairman of the All Progressives Congress (APC); and Dr. Olayemi Oyebanji, the wife of the Executive Governor of Ekiti State, has been nominated for the Best Personality and Leadership Excellence Award 2025 in recognition of their distinguished service and outstanding contributions to public service and community development. Commenting on the essence of leadership, John Maxwell once said: “Leadership is not about titles, positions, or flowcharts. It is about one life influencing another.” This quote exemplifies the character of Kayode Adaramodu,…

By Jeremiah Aminu Commenting on the essence of leadership, John Maxwell once said: “Leadership is not about titles, positions or flowcharts. It is about one life influencing another”. This quote is emblematic of the character of Kayode Adaramodu, popularly referred to as Odundun, who has achieved notable exploits within the terrains of banking, politics, and public service. As such, it is hardly surprising that City People Magazine identified him as one of the emerging influential Yoruba figures, among others, to succeed the older generation of notable Yoruba leaders. Even within the field of politics, his credibility has earned him recognition…

By Sakariyah, Ridwanullah Folorunsho Taiwo Victor is a notable figure in a growing generation of Nigerian education entrepreneurs whose work is defined less by visibility and more by institutional substance. As founder and Chief Executive Officer of Campusinfo Educational Consult Limited and Campusinfo Academy, Taiwo has positioned himself within the educational support sector through sustained academic mentoring, ethical consulting, and structured learning delivery. His most recent milestone came in December 2025 with the formal unveiling of Campusinfo Academy in Lagos, an event that coincided with his birthday. Vanguard News described the launch as the culmination of “a lifelong vision rooted…