Nigerian businessman Femi Otedola has opened up about why he sold out all his Transcorp shares. Truetells Nigeria reports that Otedola, who is just commenting for the first time after the Transcorp transaction said he meant well for the business, but others had other ideas in mind. It would be recalled that recently, the billionaire divested his newly…
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 8th May, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira today in the black market?…
A Texas therapist, Eric Lira, has been convicted on Monday for giving banned Nigerian sprinter Blessing Okagbare and other Olympic athletes performance-enhancing drugs. The therapist who has also acknowledged his crime might spend up to 10 years in prison, according to US authorities. The US Department of Justice said the therapist is the…
The only female aspirant in the race for the position of the Speaker of the House of Representatives, Miriam Onuoha has expressed optimism about the outcome of the tussle for the seat. According to her, however, the zoning of the All Progressive Congress (APC) might be, all she wants is to be the Speaker or…
The National Examinations Council (NECO) has rescheduled the date for the conduct of its 2023 entrance examination for gifted and talented children into the Federal Government Academy, Suleja. Truetells Nigeria understands that the examination was earlier scheduled to hold on Saturday, May 13, 2023. In a statement, however, issued on Tuesday (today), NECO said the examination will now…
Honourable Benjamin Kalu on Tuesday announced he is no longer running for the Speaker position in the 10th National Assembly. He, however, noted that he will seek the office of Deputy Speaker. Kalu expressed his thanks to supporters while running for the Speaker position. He believed the role would benefit the…
The Supreme Court on Tuesday affirmed the Governor of Osun State and candidate of the Peoples Democratic Party (PDP) in the July 16, 2022, gubernatorial election, Ademola Adeleke as the state Governor. Truetells Nigeria gathered that the five-member panel of the Supreme Court led by Justice Emmanuel Agim made the announcement on Tuesday. This…
UFC Fighter Hasbulla Arrested in Russia, several reports have said. Truetells Nigeria reports that TIKTOK star and UFC fighter Hasbulla Magomedov has reportedly been “arrested” after he and his pals were “detained by cops for driving offences”. This online news platform understands that the 20-year-old Hasbulla from Dagestan in Russia is said to have been…
King Charles III was caught on camera applauding Tiwa Savage’s performance at his coronation concert held on Sunday night. Truetells Nigeria had earlier reports that, Tiwa Savage, joined several global superstars on Sunday night, to thrill guests at the historic coronation concert of King Charles III at Windsor Castle. Recall, the king was officially crowned…
According to a report obtained from the World Bank, Nigeria’s borrowings has reached $14.34bn as of March 31, 2023. Truetells Nigeria reports that was an increase from the $13.93bn debt recorded by the Debt Management Office as of December 31, 2022. This means that fresh disbursements on approved loans added $410m to Nigeria’s debt from…
