Author: Aminu Imam

Naira to hit ₦1,804/$ on 2025 volatility projections – Report

Aminu Imam
Naira dollar currency

The Nigerian currency, the Naira, is projected to depreciate to a weighted fair value of ₦1,804.45 in the coming year as tendency of volatility persists. This is according to a new report by Lagos-based investment and research firm Afrinvest titled: ‘Beyond The Rhetorics: Transforming Reforms to Tangibles’. The research company revealed that while the gross foreign reserves have risen above $40 billion, “we anticipate that exchange rate volatility would persist in 2025 albeit at a modest pace”. “Our prognosis is hinged on the belief that the CBN would be constrained…

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Nasarawa: Fire ravages Masaƙa market; traders count losses

Aminu Imam
Nasarawa fire

Traders in Masaƙa, Karu local government area of Nasarawa State are counting their losses after a fire incident destroyed the market on Friday, at about 10 p.m. In separate interviews with newsmen yesterday, several traders expressed their devastation and recounted significant losses. A trader, Ahmed Ayuba, was overwhelmed with grief as he spoke about his losses, saying: “I do not know what to do. I am so devastated. All my goods burnt down to ashes, and there is nothing left. I returned from the market yesterday, and people had already…

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“Expect Shari’ah Court establishment” — Islamic cleric

Aminu Imam
Islamic cleric on Shariah

A recent video featuring the Mufti of Iwo, Sheikh  Dawood, Malaasan, has stirred public discourse across Yoruba States, following the introduction of Shari’ah Court in Oyo State. In the video, the cleric passionately defended the establishment of a Shari’ah court in Oyo State, and issued warnings to those opposing the initiative. The Sheikh is heard making inflammatory statements, saying: “To those of you in Oyo State who dare oppose the Shari’ah court, you should know that your mothers were not born well to have given birth to you. You can…

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New Year: GTBank sends message to its customers 

Aminu Imam
GT Bank sends

Guarantee Trust Bank (GTBank) has announced that all branches nationwide will close earlier than usual on Tuesday, December 31, 2024, in preparation for New Year festivities. Upcountry branches will close at 2:00pm, while Lagos branches will close at 3:00pm. The bank assured that these digital channels will maintain smooth banking operations as the year concludes.

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Sokoto: Gov. signs ₦526bn 2025 Budget prioritising capital projects

Aminu Imam

Sokoto State governor, Ahmed Aliyu has signed the 2025 Appropriation Bill into law, unveiling a ₦526 billion budget with 66% allocated to capital expenditure. Dubbed: the “Budget of Transformation and Infrastructural Sustainability”, the plan focuses on infrastructure development and aligns with the governor’s 9-point innovative smart agenda, which has already delivered improvements in water supply, education, youth empowerment, and urban renewal. Governor Aliyu highlighted his administration’s achievements, rating the 2024 Budget implementation at 90%, credited to collaborations with development partners, NGOs, and civil society organisations. Speaker of the Sokoto State…

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“Fubara stopped Wike from turning Rivers into his fiefdom” – Ex-gov. Odili

Aminu Imam
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A former Governor of Rivers State, Peter Odili, has hailed the incumbent Governor Siminalayi Fubara for showing bravery and resilience in his management of the State affairs despite the war waged against him by political opponents. Odili said Fubara’s doggedness and gallantry stopped the Minister of the Federal Capital Territory, (FCT), Nyesom Wike, from making the state his private estate. According to the ex-governor, Fubara summoned an unusual strength to upend the quest by Wike to capture Rivers State through vicious, but needless, political war. Odili, who spoke at a…

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“President Tinubu would be re-elected in 2027” – Reno Omokri

Aminu Imam
Reno Omokri

Former presidential aide, Reno Omokri has said that President Bola Tinubu would be re-elected in 2027. In a video post made on X, Omokri described the president as one who is good at turning even his enemies into friends. According to him, President Tinubu is a highly emotionally intelligent individual who is strategic in his dealings with people. He said, “A lot of people have enemies, and they maintain that enmity, they nurse that grudge, they keep up that vibe, that quarrel, and they don’t realise that too often, it’s…

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“2027: We’ll reduce APC votes to less than 15,000 in Kano” – Kwankwaso 

Aminu Imam
Kwankwaso vows

…APC reacts, labels him a ‘wanderer Leader of the Kwankwasiyya Movement and  ex-Kano State gov., Sen. Rabiu Kwankwaso, has vowed to reduce the All-Progressives Congress (APC)’s votes to less than 15,000 in Kano State during the 2027 elections. The former governor made the declaration while receiving former councillors and senior special advisers, who served under the previous administration during a meeting at his residence in Kano, with stakeholders from Tsanyawa local government area of the State. Kwankwaso credited the hard work of his team during the 2023 elections, which sidelined…

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Jigawa Gov. loses son 24hrs after mother’s death

Aminu Imam
Jigawa governor

Jigawa State Governor, Umar Namadi, yesterday lost his eldest son, AbdulWahab, in a ghastly motor accident. This incident comes just a day after the governor mourned the passing of his mother, Maryam Namadi, who died on Wednesday after a brief illness. According to reports, the governor’s son was involved in a motor accident while returning from Kafin-Hausa to Dutse with his friends when the vehicle he was driving lost control, causing it to somersault.  It was gathered that some of his friends are currently receiving treatment at the Dutse General…

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“I was sacked, not removed by Tinubu” – Ex-Women’s Affairs Minister

Aminu Imam
Ex Women’s Affairs Minister

Former Minister of Women Affairs, Barr. Uju Kennedy-Ohanenye has said that she was sacked, not removed by President Bola Tinubu. Kennedy’s dismissal in October was part of a cabinet reshuffle that saw four other ministers relieved of their duties, including the ex-Minister of Tourism, Lola Ade-John; ex-Minister of Education, Prof. Tahir Mamman; ex-Minister of State for Housing and Urban Development, Abdullahi Muhammad Gwarzo; and ex-Minister of Youth Development, Dr. Jamila Bio Ibrahim. Following their dismissal, the Presidency attempted to downplay the nature of their departure, with Tinubu’s Special Adviser on…

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