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 political tension in Rivers State, a deadly herdsmen attack in Benue, rising inflation, and a major crypto fraud investigation.
READ ALSO: Nigerian Newspapers: Top 10 Stories to Start Your Tuesday Morning
1. Fubara, deputy summoned over appointments by Rivers sole administrator
Rivers State Sole Administrator, Vice Admiral (rtd.) Ibok-Ete Ibas, has summoned suspended Governor Siminalayi Fubara and Deputy Governor Dr. Ngozi Ordu to answer questions about appointments made during their administration. This was confirmed in a statement by Secretary to the State Government, Prof. Ibibia Worika, as the state deepens investigations into past governance decisions.
2. Suspected herdsmen attack Benue community, residents feared dead
Otobi-Akpa in Otukpo LGA of Benue State was thrown into panic Tuesday evening after suspected Fulani herdsmen reportedly launched a violent attack. Multiple fatalities and burned homes were reported, sparking fear and tension in the area still recovering from earlier security breaches.
3. US tariffs blamed for global oil price crash – NMDPRA boss
Farouk Ahmed, CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has attributed the recent global drop in crude oil prices to tariff policies introduced by former U.S. President Donald Trump, pointing to their lingering effects on international markets.
4. Inflation hits 24.23% in March, says NBS
The National Bureau of Statistics (NBS) has revealed that Nigeria’s headline inflation climbed to 24.23% in March 2025. This marks a 1.05% rise from the February figure, further straining the cost of living for millions of Nigerians amid economic uncertainty.
5. FG declares April 18, 21 public holidays for Easter celebration
The Federal Government has announced Friday, April 18 and Monday, April 21, 2025 as public holidays for Good Friday and Easter Monday. Interior Minister Olubunmi Tunji-Ojo congratulated Christians nationwide and urged peaceful celebrations.
6. NLC urges FG to tackle unemployment to curb crime
The Nigeria Labour Congress (NLC) has called on federal and state governments to create meaningful jobs as a way to combat insecurity. The union emphasized that casual, low-paying jobs won’t solve the problem and stressed the need for long-term employment solutions.
7. Boat carrying rice capsizes in Niger, three feared drowned
Three people, including two family members, are feared drowned after a boat overloaded with rice capsized in Lapai LGA of Niger State. The tragedy, caused by a strong windstorm, occurred at night, highlighting ongoing concerns about transport safety in riverine communities.
8. Court dismisses Labour Party suit against Rivers defectors
A Federal High Court in Port Harcourt has struck out the Labour Party’s case seeking to unseat 27 lawmakers who defected from PDP to APC. Justice E.A. Obile ruled that the court lacked jurisdiction to hear the matter, handing a win to the embattled lawmakers.
9. EFCC investigates N1.3tn crypto fraud linked to CBEX platform
The EFCC has launched a probe into a massive N1.3 trillion digital investment fraud tied to CryptoBank Exchange (CBEX). The platform, run by foreign and local collaborators, reportedly shut down on Monday, leaving investors unable to withdraw their funds.
10. Makinde distances PDP from Atiku’s proposed coalition
Governor Seyi Makinde has dismissed merger or coalition talks initiated by former Vice President Atiku Abubakar, saying they are not recognized by the PDP. He insisted that the party is unaware of any such discussions and reiterated his focus on party unity and internal reforms.
