New York Times Faces $15 Billion Trump Lawsuit Over Alleged Smears
US President Donald Trump announced Monday that he has filed a $15 billion defamation and libel lawsuit against The New York Times. In a post on his Truth Social platform, Trump accused the newspaper of spreading falsehoods against him for years. “The New York Times has been allowed to freely lie, smear, and defame me for far too long, and...
Naira Faces Fresh Pressure as Parallel Market Rates Weaken Despite Official FX Stability
The Nigerian Naira began the week under renewed pressure in the unofficial foreign exchange market, commonly referred to as the black or parallel market. On Monday, November 24, 2025, the Dollar-to-Naira rate in the parallel market traded around levels notably weaker than those reported on the Nigerian Foreign Exchange Market (NFEM). Key Parallel Market Rates: Buying (Dealers buy from the public):...
Sanwo-Olu Presents ₦4.24 Trillion ‘Budget Of Shared Prosperity’ For 2026, Lagos Assembly Pledges Thorough Scrutiny
Lagos State Governor, Babajide Sanwo-Olu, on Tuesday presented a proposed ₦4.237 trillion budget for the 2026 fiscal year to the Lagos State House of Assembly, with lawmakers pledging to conduct a thorough review of the proposal. The presentation, held at the Assembly complex under tight security, was attended by members of the State Executive Council, local government officials, traditional rulers,...
CBN Removes Bank Cash Deposit Limit For Customers
The Central Bank of Nigeria has removed all cash-deposit limits for bank customers while maintaining strict weekly withdrawal ceilings under a revised set of cash-related policies that take effect on January 1, 2026. The changes were announced in a circular issued on Tuesday and signed by the Director, Financial Policy and Regulation Department, Dr Rita Sike. The apex bank said...
![Ohafia Monarchs Reject 'UDUMEZE OF OHAFIA' Title, Insist It's Unrecognized, Misleading [Document Attached]](https://abntv.com.ng/wp-content/uploads/2025/07/FB_IMG_1752179354516-300x194.jpg "Ohafia Monarchs Appeal For Calm, Reaffirm Neutrality In Ohafia Improvement Union Election Process")
![Ohafia Monarchs Reject 'UDUMEZE OF OHAFIA' Title, Insist It's Unrecognized, Misleading [Document Attached]](https://abntv.com.ng/wp-content/uploads/2025/07/FB_IMG_1752179354516-100x75.jpg "Ohafia Monarchs Appeal For Calm, Reaffirm Neutrality In Ohafia Improvement Union Election Process")