First Bank Holding Seeks ₦253bn to Expand to ₦1tn Capital Base

FirstHoldCo is seeking ₦253.099 billion to raise its capital base ahead of its May 29, 2026 AGM. The move is in targeting a ₦1 trillion capital base amid CBN banking reforms.

Obi Commends Air Peace London Service, Urge Patriotic Patronage

Peter Obi praises Air Peace Lagos–London route for smooth service. He flew from Lagos to London, noting improved comfort since the route launched.

UNESCO Ranks Nigeria as the Third Largest Student Export Nation

Nigeria ranks third in global student mobility with 5% share, that's according to a UNESCO report. The study covers 7.3 million students abroad in 2023 worldwide.

Labour Party HQ Overwhelmed as Aspirants Rush to Pick Forms

Labour Party HQ overwhelmed as 2027 aspirants flood nomination sales. Peter Agada obtains presidential form while dozens contest Senate, Reps and Assembly seats nationwide.

EFCC Raids UUTH Hospital, Arrests Professor Ekpe

EFCC raid at UUTH hospital in Uyo causes panic as Professor Ekpe is arrested. Witnesses report the use of TEAR GAS and hurried evacuation of patients during the operation.
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Terrorists Ambush Commuters on Zamfara Road, Kill Many

Suspected terrorists ambushed commuters on Zamfara’s Magami–Dansadau road on May 10, killing at least 10 and abducting others. Survivors were reported to still be stranded due to lack of security escorts.

Health & Education

Opinion: “How Opposition Tinubu Would Treat President Tinubu” – By Farooq Kperogi

In this column, the author contrasts President Tinubu's current governance with his fierce opposition playbook against past leaders. What if Tinubu faced Tinubu? A revealing look at hypocrisy, strategy, and the opposition's failure to fight fire with fire.

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12 May · CurrencyRate · USD/NGN
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Check: 12 May 2026 16:45 UTC
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CurrencyPrice
US Dollar 
US Dollar
United States
$1
Euro 
Euro
European Union
€0.8522up
British Pound 
British Pound
United Kingdom
Β£0.7395up
Nigerian Naira 
Nigerian Naira
Nigeria
₦1,372.03up
Japanese Yen 
Japanese Yen
Japan
Β₯157.7053up
Brazilian Real 
Brazilian Real
Brazil
R$4.9003down
UAE Dirham 
UAE Dirham
UAE
3.6725
Canadian Dollar 
Canadian Dollar
Canada
$1.3712up
Chinese Yuan (offshore) 
Chinese Yuan (offshore)
China
6.7954up
Russian Ruble 
Russian Ruble
Russia
β‚½73.8109up
South African Rand 
South African Rand
South Africa
R16.5595up
US Dollar 
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United States
1
12 May · FX SourceCurrencyRate 
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Extra News

Father Alleges Rift with BBNaija Star Ilebaye After Stardom

BBNaija winner Ilebaye Odiniya has a crisis with her father, Hon. Godson Odiniya, who alleges disputes over her strange lifestyle since she came into fame and fortune.

Music Icon Portable Dares Anthony Joshua to a Boxing Fight for ₦1bn

Controversial singer Portable has challenged world heavyweight star Anthony Joshua to a boxing bout for a ₦1 billion purse. Joshua recently returned from a 15-month hiatus after a fatal crash.

Olakunle Churchill Denies Divorce Rumors With Rosy Meurer

Businessman Olakunle Churchill denies divorce rumors with Rosy Meurer, clarifying no legal marriage existed. He also addressed reconciliation with ex-wife Tonto Dikeh in January 2026.

VDM, Blord Reconcile in Court as Judge Steps Aside

VDM and Blord shook hands in court as their dispute softened, but the judge stepped aside, sending the case for reassignment after weeks of legal tussle.

Davido Reveals Collabo with Chris Brown Set to be Released

Davido confirms a joint album with Chris Brown will drop next year after years of anticipation since 2023. The project builds on hits like β€œBlow My Mind” (2019)

Jim Iyke Sparks Feminist Debate Over Money and Women in Relationships

Nollywood actor Jim Iyke's declaration that costly dating equals prostitution is generating some heated buzz on Nigeria's social media. Some agreed with him, calling it a red flag, while others defended women's financial expectations. Where do you stand?

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