Nnamdi Kanu, the leader of the Indigenous People of Biafra, IPOB, has been denied bail by Justice Binta Nyako of the Federal High Court in Abuja.When Kanu was first given bail, the judge said he had to account for his movements for years because he refused to appear in court for his trial.The court disagreed with the defendant's claim that he fled the nation when an armed retinue raided his ancestral home in Abia State.Details to follow...

The Jigawa State Government said it has received N7 billion out of the N21 billion approved Federal Government Infrastructural Special Grants Package.This is even as the state is said to have approved a supplementary budget of N44.7 billion for the completion of various projects across the state it inherited from the Government of Muhammad Badaru Abubakar.Speaking after the 3rd State Executive Council meeting on Wednesday, the state Commissioner of Budget and Econom...

The Central Bank of Nigeria has authorized commercial banks to freely trade foreign exchange at any rate.The authorization means that banks now have the power to sell forex at a market-determined rate.The Daily Post gathered that some banks have pegged the USD to Naira rate at N699 to N750, suggesting that Nigeria is now operating a freely floating exchange rate in line with President Bola Ahmed Tinubu’s pledge to unify the rate.Reacting to the development in an Ari...