Dollar to Naira Exchange Rate news on Daily News 24
Good morning! Here is today’s summary from Daily News 24. Stay informed with the top headlines making waves across Nigeria, including Tinubu’s sweeping import ban, EFCC’s arraignment of a major crypto fraud suspect, doctors’ strike in Abuja, and rising security concerns in Niger State.
READ ALSO: Nigerian Newspapers: Top 10 Stories to Start Your Monday Morning
1. Tinubu bans importation of goods Nigeria can produce
President Bola Tinubu has directed a ban on the importation of foreign goods that can be locally manufactured in Nigeria. The Minister of Information and National Orientation, Mohammed Idris, announced the decision after the Federal Executive Council meeting on Monday, emphasizing the government’s commitment to boosting local industries.
2. Jigawa governor reshuffles cabinet, reassigns portfolios
Governor Umar Namadi of Jigawa State has approved a minor cabinet reshuffle. The changes were disclosed by the Commissioner for Information, Youth, Sports, and Culture, Sagir Musa Ahmed, during a press briefing after the State Executive Council meeting.
3. Senate to prioritise tax reforms, Rivers crisis on resumption
Senate Leader Michael Opeyemi Bamidele has revealed that four tax reform bills and the political situation in Rivers State will be top of the agenda as lawmakers resume plenary on May 6, 2025. He stressed the urgency of reforming the tax system to improve national revenue.
4. Abuja resident doctors begin three-day warning strike
Resident doctors under the FCT chapter have begun a three-day warning strike effective May 6, 2025. The decision followed an emergency congress held at Asokoro District Hospital, where members cited unresolved welfare issues as the cause of the industrial action.
5. EFCC arraigns alleged fraud mastermind over $2.5m crypto scam
The EFCC has arraigned Friday Audu and his company, Genting Nigeria Limited, over a $2.5 million and N3.5 billion crypto and romance scam. Audu appeared before Justice Rahman Oshodi in Lagos on a seven-count charge bordering on forgery, fraud, and unlawful possession of crime proceeds.
6. Panic as 300 armed bandits storm Niger highway
About 300 suspected bandits on motorcycles, armed with high-powered weapons, were seen crossing the Kontagora–Minna highway in Niger State on Monday. The incident caused panic among commuters, with many fleeing for safety along the busy road.
7. Court adjourns suit against Wike by Abuja vulnerable groups
A Federal High Court in Abuja has postponed a case filed by vulnerable residents of the FCT against Minister Nyesom Wike to May 29. The adjournment came after the plaintiffs sought more time to respond to the defense’s counter-affidavit.
8. Fire guts recycling plant in Lagos, destroys property
A major fire broke out at the Jincheng Company’s recycling facility in Surulere, Lagos, on Monday afternoon. Lagos State Fire and Rescue Services swiftly responded, but the blaze destroyed a large section of the plant before it was contained.
9. Court fixes June 19 for ruling on N550m suit against Army
The Federal High Court in Abuja has scheduled June 19 for judgment in a N550 million fundamental rights abuse case filed against the Nigerian Army and its leadership. The applicant is seeking damages for alleged violations of civil liberties.
10. Tinubu swears in two new permanent secretaries
President Bola Tinubu on Monday administered the oath of office to two new permanent secretaries—Rafiu Olarinre Adeladan of Oyo State and Muktar Mohammed of Jigawa State—during a brief ceremony held before the Federal Executive Council meeting in Abuja.