The Federal Government has announced plans to privatise 91 public enterprises across key sectors of the economy in a bid to attract fresh investment and improve efficiency. The Director-General of the Bureau of Public Enterprises, Ayodeji Gbeleyi, disclosed this during a media briefing in Abuja on Tuesday. “There are 91 public enterprises that are still outstanding within the purview of the Public Enterprises Act. You may want to know the estimated values and why we want to sell,” Gbeleyi said. According to him, the list includes 16 companies in the oil and gas sector, such as refineries and depots, 20…
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Suspended Rivers State Governor, Siminalayi Fubara, is expected to return to office on September 18, bringing to an end the six-month state of emergency declared by President Bola Tinubu on March 18 for the state. Naija News understands that President Tinubu met with the suspended governor in Lagos on June 3 to broker a peace deal between him, Minister of the Federal Capital Territory Nyesom Wike, and members of the Rivers State House of Assembly. During the period, retired Naval Rear Admiral Ibok-Ete Ibas was appointed as sole administrator, a move that entrenched federal control over the oil-rich state. However,…
The Deputy National Legal Adviser of the Peoples Democratic Party (PDP), Okey Osuoha, has described the unfolding political arrangement in Rivers State as “an aberration”, warning that it poses grave implications for the country’s democratic system. Osuoha told BusinessDay, “Nigeria’s democracy is on trial.” He lamented that suspended Governor Siminalayi Fubara had not been active in party affairs despite being named a member of the PDP’s convention planning committee. He further stated, “We are sure that when he comes back, he will begin to participate in the party’s activities. We have not lost all hope.” Fubara is expected to return…
Barring any last-minute changes, suspended Rivers State Governor, Siminalayi Fubara, is expected to resume office on September 18, marking the end of the six-month state of emergency declared by President Bola Tinubu on March 18. However, emerging details suggest that Fubara will return to Government House with significantly reduced powers as the Federal Government and his political benefactor, Minister of the Federal Capital Territory, Nyesom Wike, tighten their hold on the state. President Tinubu had met Fubara in Lagos on June 3 in a closed-door meeting aimed at reconciling him with Wike and members of the Rivers State House of…
Veteran journalist and publisher Dele Momodu has warned President Bola Tinubu that he cannot control Nigeria like he controlled Lagos. Speaking via an Instagram post, Momodu advised Tinubu to promote his achievements to Nigerians if he believes he deserves a second term as the country’s leader. Describing himself as Tinubu’s true friend, the publisher asserted that he holds no grudges against the President. He boasted that he refused to join the president’s band of acolytes and has successfully built a brand for himself. He wrote, “I have been very close to PRESIDENT BOLA AHMED TINUBU in over 32 years. We became…
The Ebonyi State government has reacted to the rejection of an appointment by businessman Emmanuel Eze to the state’s Economic Advisory Committee. Naija News reports that Governor Francis Nwifuru had appointed Eze, CEO of Immaculate Group of Companies and former House of Representatives candidate for Abakaliki/Izzi Federal Constituency, to the advisory body. Eze was formally notified of his appointment on August 29, 2025, through a letter signed by the Secretary to the State Government, Professor Grace Umezuruike. He declined the position, explaining that the timing of the committee’s formation was not ideal. Eze said economic teams are most effective when…
Media personality Toke Makinwa has opened up about her past marriage, sharing insights on her survival, inner strength, and the misunderstandings she faced from the public. Naija News reports that in an interview with media personality Chude Jideonwo, the mother of one reflected on the challenges of enduring a highly public relationship and the judgments people made without understanding her experiences. Toke explained that people often misinterpret resilience, assuming situations were not difficult because she remained alive and continued her life. She said that many are unsettled by others’ ability to recover and grow stronger, sometimes feeling threatened rather than…
Fresh details have emerged on the death of Ayomikun Oluwanisola, the only son of veteran Yoruba actress Peju Ogunmola. According to a report by NewsmakersNG, Ayomikun died in a tragic bathroom accident. Family sources said Ayomikun, who was living alone abroad, slipped and fell, and could not get help in time. Naija News reports that his isolation made it difficult for anyone to assist him, which led to his death. Ayo, who recently completed his National Youth Service Corps (NYSC) programme passed away on Tuesday at the young age of 24. The incident has left Peju Ogunmola, back home in…
An All Progressives Congress (APC) chieftain, Farouk Aliyu, has advised the National Security Adviser (NSA), Nuhu Ribadu, not to join issues with former Kaduna State governor Nasir El-Rufai and Labour Party’s 2023 vice presidential candidate, Datti Baba-Ahmed, over the nation’s insecurity. Speaking during an appearance on Channels Television’s Politics Today show on Tuesday, he asserted that the NSA is beyond the argument. The former Minority Leader of the House of Representatives acknowledged that insecurity remains a national challenge but cautioned against politicising the matter. He said, “Let me use this opportunity to beg my brother, Nuhu Ribadu, he should not join…
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 2nd September, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira today in the black market? Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦1540 and sell at ₦1520 on Tuesday 2nd September, 2025, according to sources at Bureau De…
