Dollar Sells at ₦1601.85 — a 0.51% Drop from Yesterday As of 29th April 2025, the Nigerian Naira experienced a modest strengthening in the parallel market, with the dollar selling at ₦1601.85, reflecting a 0.51% decrease from ₦1610 the previous day. This shift underscores ongoing market volatility shaped by foreign exchange (forex) demand, supply pressures, and evolving monetary policies by the Central Bank of Nigeria (CBN). Black Market Exchange Rates…

In a significant development for the Roman Catholic Church, the Vatican has announced that a conclave to elect a new pope will commence on May 7. The announcement comes after the late Pope Francis, the first Latin American catholic leader who led the church for 12 years, was buried on Friday, five days after he died. The New Daily Prime reported that Francis died on April 21 at the age…

The U.S. military said it will not reveal specific details about its military strikes in Yemen, citing what it called the need to preserve operational security, while also saying the strikes had “lethal effects” on Houthi rebels.

U.S. President Donald Trump said that American military and commercial ships should be allowed to travel through the Panama Canal and Suez Canal free of charge. In a post on Truth Social, Trump said that “I’ve asked Secretary of State Marco Rubio to immediately take care of, and memorialise, this situation.” The Panama Canal crosses the narrowest part of the isthmus between North and South America, allowing ships to move…

A 27 year old university student was rescued twice from the slopes of Mount Fuji within a week, after returning to retrieve his lost mobile phone, Japanese authorities confirmed on Monday.

Tragedy struck Vancouver on Saturday night when a vehicle slammed into a crowd celebrating the Lapu Lapu Day festival, killing 11 people and injuring dozens more in one of the city’s darkest moments.

Tragedy struck near Clearwater Beach on Sunday night when a private recreational boat collided with a Clearwater Ferry, leaving at least one person dead and several others injured. The Police Department reported that the ferry, which was carrying 45 people, including two crew members, was struck by a smaller boat that fled the scene immediately after the crash. Authorities said six individuals were categorised as “trauma alerts,” indicating serious injuries. Two…

Houthi-controlled media in Yemen reported Monday that U.S. airstrikes targeted a migrant detention centre in Saada, killing at least 35 people. The U.S. military has been carrying out near-daily airstrikes since March 15 under Operation Rough Rider, aimed at ending the threat the Iran-backed Houthis pose to vessels in the Red Sea and Gulf of Aden. For more than a year, the Houthis have launched strikes against Israel and Western…

Nigerian Naira continued its struggle against major global currencies today, with the black-market exchange rate for the U.S. dollar increase further reflecting persistent economic pressures and foreign exchange supply shortages. As of May 5,2025  the unofficial exchange rate — heavily relied upon by businesses and individuals in Nigeria — saw the Naira trading at ₦1607.72 to $1 in the parallel market. The ongoing gap between the official and black-market rates…

France President Emmanuel Macron has condemned religious hate after the brutal stabbing death of a Muslim at a mosque in the south of the country. He said: “Racism and hatred based on religion  have no place in France. Freedom of worship cannot be violated,” Macron wrote on X in his first comments following Friday’s killing, extending his support to “our fellow Muslim citizens.” The attacker, who is on the run,…

A British Airways flight traveling from Washington, D.C., to London diverted to Boston on Saturday evening after the crew reported a possible bird strike and smoke in the cabin, officials said. British Airways Flight 216, operated by a Boeing 777 aircraft, had departed Dulles International Airport shortly after 5:30 p.m. and was bound for Heathrow Airport. The plane landed safely at Boston Logan International Airport around 7:30 p.m. Eastern Time,…

The Dollar to Naira exchange rate continues to capture the attention of businesses, investors, and individuals across Nigeria amid ongoing foreign exchange challenges. As of April 27, 2025, the black-market rates reflect persistent supply constraints, economic pressures, and recent Central Bank of Nigeria (CBN) policy shifts. Black Market Exchange Rates (April 27, 2025) Dollar to Naira: Buying: ₦1,600/$1 Selling: ₦1,605/$1 Euro to Naira: Buying: ₦1,780/€1 Selling: ₦1,800/€1 Pound Sterling to…