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Rabiu Forecasts Naira Appreciation to N1,300 per Dollar Before Year-End

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The chairman of BUA Group, Abdul Samad Rabiu, has forecast that by the end of the year, the value of the naira will increase by between N1,300 and N1,400 per dollar.

After meeting with President Bola Tinubu, he made the prediction on Wednesday while addressing reporters at the State House.

Rabiu stated, “I think we should all celebrate when the rate drops to maybe N1,300 to N1,400 before the year ends.”

As you may have noticed, the Central Bank of Nigeria (CBN) is accomplishing a lot, and companies nowadays don’t really require foreign exchange from the CBN.

“There is no longer any need or dependence on the Central Bank for foreign exchange, and we are aware that businesses can obtain foreign exchange using credit cards and ATMs.”

He emphasized that the Tinubu administration deserves all the credit for the accomplishment and characterized the developments as favorable.

According to the BUA chairman, “bold reforms and decisive policies are laying the groundwork for a stronger economy, a more stable currency, and a better future for businesses and Nigerians alike.”

Additionally, he pointed out that food prices have drastically decreased.

Rabiu stated, “If you compare the prices of food items from the previous year to the current prices, you can see that there is a significant reduction in all commodities prices of food items.”

We simply need to exercise a little more patience, in my opinion. The administration is undoubtedly improving, and we must keep supporting it. His Excellency President Bola Tinubu’s vision and leadership are responsible for this progress.

After increasing gradually since the start of the month, the naira reached N1,497.46 per dollar on the official foreign exchange market on September 15.

The governor of the CBN, Olayemi Cardoso, stated a week later that the bank is making it easier for Nigerians to obtain foreign exchange (FX).

Gov Namadi Explains Why Nigerians Should Vote Tinubu Again in 2027

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According to Jigawa State Governor Malam Umar Namadi, who cited the current development projects throughout the nation, Nigerians are proud of the APC administration led by President Bola Ahmad Tinubu and are prepared to re-elect him in the upcoming general election in 2027.

Speaking during the 4+4 Tinubu/Namadi Mobilization Group’s inauguration ceremony at the Manpower Development Institute in Dutse, he made this statement.

Speaking through Hon. Lawan Garba, his special assistant on political matters, he advised the group to concentrate on educating the public on the initiatives and programs carried out by the APC government.

He said that because of President Tinubu’s deliberate leadership, all Nigerians are proud of the APC and prepared to re-elect all of its candidates in the upcoming 2027 election.

The Federal Government’s Renewed Hope Agenda is being supplemented by this administration’s 12-Point Agenda, he said, by fostering an atmosphere that supports sustained growth and development in Jigawa State and throughout Nigeria.

His pledge to back all of President Tinubu’s administration’s policies and initiatives was reaffirmed.

Hon. Hudu Kore, the Director-General of the Tinubu/Danmodi Mobilization Group, stated in his remarks that the group is committed to educating the public about the APC leadership and its transformation plan.

Southwest Rejects Atiku’s Advances, Backs Gbenga-Hashim for 2027

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The Gbenga Hashim Solidarity Movement (GHSM) South West chapter has stated that Dr. Gbenga Olawepo-Hashim has already been chosen as the region’s preferred presidential candidate for the general elections in 2027. It further asserts that former Vice President Atiku Abubakar’s recent attempts to reach out to the Yoruba people “carry little weight.”

Atiku, who is currently a member of the African Democratic Congress (ADC), had earlier this week promised the Yorubas that, should he be elected president, their interests will be the first priority of his administration.

The former vice president dismissed concerns about Fulani’s domination as “unfounded,” citing his personal connections and marriage to the area, calling the South West his “extended family.”

GHSM South West Coordinator Alhaji Abass Olaniyi, however, responded in Osogbo on Thursday, dismissing Atiku’s comments as romantic language that ignores the pressing needs of the Yoruba people and Nigerians in general.

The South West is not influenced by sentimental statements or empty rhetoric. For a better Nigeria, our people have always needed leadership based on competence, honesty, and a clear vision. We wholeheartedly support Dr. Gbenga Hashim for this reason,” Olaniyi stated.

He asserts that Gbenga Hashim is more than just a politician running for politics. He is a democrat with impeccable ethics, a prosperous businessman with international recognition, and a bridge builder who can bring the North and South together.

Hashim’s Yoruba heritage and national acceptance, Olaniyi underlined, make him especially suited to represent the progressive ideals of justice, equity, and innovation in the region while simultaneously meeting national goals.

“Moreover, Dr. Hashim is running on the platform of a larger politics, and the PDP, a platform bigger than Atiku’s ADC,” Olaniyi said.

He also compared Hashim to Atiku, characterizing the former vice president as a symbol of Nigerian politics’ “old order.”

Our folks want more than just assurances that they will be “in-laws” or a part of a large family. We are looking for a leader with the guts to restructure Nigeria, who can restore confidence in the government, and who is aware of the intricacies of the modern global economy. The leader in question is Gbenga Hashim, he said.

Additionally, the GHSM South West Coordinator called for Yoruba leaders, traditional leaders, civil society organizations, and young people to rally their support for Hashim, calling him the candidate of conscience who can bring Nigeria together, put an end to insecurity, and boost the country’s economy.

In closing, Olaniyi said that the South West has a history of supporting progressive ideas, and that in 2027, that heritage will be maintained by steadfastly supporting Gbenga Olawepo-Hashim.

Bulama Blasts Malami: ‘Even Buhari Appointed You, But Who Do You Think You Are’?

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Abubakar Malami, the former Attorney-General of the Federation, has come under fire from former All Progressives Congress (APC) National Secretary Waziri Bulama for his comments disparaging Senator Tanko Al-Makura.
Recall that Malami had rejected assertions made by Al-Makura’s group that members of the APC’s Congress for Progressive Change (CPC) grouping had endorsed President Bola Tinubu for the 2027 polls and ruled out desertion.

Malami said that in an attempt to become more politically relevant, Al-Makura and his team were disparaging former president Muhammadu Buhari.

In response to Malami’s submission, Bulama stated in an appearance on Arise News on Wednesday that Malami is not qualified to speak for anyone.

“Even though Buhari named him Justice Minister, for heaven’s sake, who is Malami?” he said. He is not in any position to speak for anyone on any subject.

Speaking further, he praised Tinubu for honoring the late Buhari’s memory.

“The President has shown President Buhari enough respect.” He presided over his state funeral. He wept bitterly. Buhari and Tinubu called themselves political partners and friends. Together, they created the APC, which ended identity politics and created history by winning three straight presidential elections, he remarked.

Popular Nigerian Business Mogul Oskar Ibru Is Dead

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Olorogun Oskar Ibru, a Nigerian business magnate and chairman of the Ibru Organization, has died.
It was discovered that Oscar passed away at the age of 67 following a brief illness.

Although a family source confirmed Oskah’s death to Arise News on Wednesday, they did not provide any information regarding the circumstances surrounding her passing.

Less than ten years have passed since the family patriarch, Michael Ibru, passed away in 2016.

Funeral plans for Oskah should be revealed shortly.

Read Also: Ladoja’s Ascension as Olubadan Will Boost Ibadan’s Growth – Historian

Veteran writer and Ovation International editor Dele Momodu responded to the news on Wednesday by calling Ibru a socialite par excellence and an incredibly amiable man in an Instagram post.

“I just received word in the skies that one of Nigeria’s most recognizable businessmen, OLORUNGUN OSKAR IBRU, has passed away,” he wrote. He was a very gregarious man, a socialite in every sense of the word, and he was adored by friends and family. OLOROGUN MICHAEL IBRU, the commercial titan, was his father. My darling brother, may you rest in peace.

Oskah is a famous member of the Ibru dynasty and a major player in Nigeria’s business community.

His late father, Olorogun Michael Ibru, had founded a conglomerate that included transportation, oil and gas, real estate, and commerce. He played a key role in maintaining and growing this enterprise.

Ladoja’s Ascension as Olubadan Will Boost Ibadan’s Growth – Historian

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The modernization of Ibadanland would be made possible by the rule of Oba Rashidi Ladoja, the Olubadan-designate, according to renowned historian Toyin Falola on Wednesday.

This was said by Mr. Falola during his speech at the inaugural Olubadan coronation lecture, which was held in honor of Mr. Ladoja and had as its subject “Ibadan History: Issues in Tradition and Modernity.”

Mr. Ladoja will be sworn in as Ibadanland’s 44th Olubadan on Friday.

Mr. Falola asserted that Mr. Ladoja’s background as a politician, statesman, and prosperous businessman would surely stimulate growth and enhance the state’s overall economic standing.

He stated, “Even though he is not the governor, the people of Ibadan and the state have high expectations because he has the power to influence things to be achievable.”

In order to embrace modernization, Mr. Falola urged the residents of Ibadan to improve environmental hygiene and efficient garbage disposal.

He also advocated for the promotion of Ibadanland’s ancestors’ cultural legacy, pointing out that the city was linked to modernity and had given rise to wealthy businesspeople, ladies, and politicians, among others.

The lecture was intended to highlight Ibadanland’s intellectual reputation and to rectify misconceptions about its indigenous population, according to Amidu Sani, head of the coronation lecture committee.

According to Bayo Oyero, the head of the coronation committee, the lecture was a critical discussion, a time for reflection, and a source of direction for the new Olubadan rather than an intellectual exercise.

He expressed his hope that the talk would not only educate but also aid in determining Ibadanland’s strategic course under Oba Rashidi Ladoja’s leadership.

Upgraded Ibadan Airport Welcomes Inaugural Flight

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The Senate will make a decision on October 7, 2025, about the reinstatement of suspended legislator Senator Natasha Akpoti-Uduaghan.

This was revealed in an interview on Channels TV on Wednesday by Kenny Okolugbo, Consultant, Communication and Strategy, Office of the Senate President.

The senator from Kogi Central, Natasha, was recalled for a six-month suspension on March 6, 2025, for allegedly breaking Senate regulations.

The reason for her suspension was her disagreement with Senate President Godswill Akpabio, whom she accused of sexual harassment but he denied.

Tuesday marked the opening of the lawmaker’s office after the six-month suspension ended.

In spite of ongoing legal proceedings, it was unclear whether the member had been permitted to return to her official legislative duties.

The senators will make all further decisions when they reconvene on October 7th, Okolugbo said when asked if Natasha had only been granted access to her office and had not returned to her official responsibilities.

By emphasizing that Natasha has the “right to go to her office” now that the ban is ended, Okolugbo praised the upper parliamentary chamber’s leadership for opening her office.

After her six-month suspension ended, she was able to access her workplace and has every right to do so.

The Senate leadership made a smart choice, he continued, “even though the case is still at the court of appeals.”

Currently in recess, the Senate is scheduled to return to session on October 7, 2025, according to reports.

Senate to Rule on Natasha’s Fate October 7, Says Akpabio’s Aide Okolugbo

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On October 7, 2025, the Senate will make a decision regarding Senator Natasha Akpoti-Uduaghan’s return to official activities after her suspension.

This was revealed by Kenny Okolugbo, the Office of the Senate President’s Consultant for Communication and Strategy, during a Channels TV interview on Wednesday.

Remember how Kogi Central senator Natasha was suspended for six months on March 6, 2025, for allegedly breaking Senate rules?

Her disagreement with Senate President Godswill Akpabio, whom she claimed of sexual harassment but which he has denied, led to her suspension.

On Tuesday, the lawmaker’s office was opened after the six-month suspension ended.

Whether the politician has been permitted to return to her official legislative duties in spite of ongoing legal proceedings was unclear, though.

When asked if Natasha had only been granted access to her office and had not returned to her official responsibilities, Okolugbo only replied, “The senators will make all other decisions when they reconvene on October 7th.”

Okolugbo praised the upper parliamentary chamber’s leadership for opening Natasha’s office, emphasizing that since the ban is ended, she has the “right to go to her office.”

She now has access to her workplace and is fully permitted to visit it now that her six-month suspension has ended.

He went on to say, “The Senate leadership made a smart choice, even though the case is still in the court of appeals.”

The Senate is reportedly in recess and is scheduled to reconvene in plenary on October 7, 2025.

Nigerian Tech Firm Relaunches Platform to Expand Africa’s Participation in Global Commerce

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In an effort to revolutionize Africa’s involvement in global trade, the Nigerian technology business Eki.digital is getting ready for a significant relaunch in March 2026.

The company’s lofty ambition is to create the first “Global Trade Zone” in history, a digital marketplace that would link African companies with buyers around the world and boost the continent’s currently modest 3% share of global trade.

Owned by Eki Holdings, the platform has been relaunched after a purposeful break during which its founder, Dr. Godwin Aigboviose Omage, redesigned and repositioned the product to better suit the needs of the digital economy in the wake of the epidemic.

The impending relaunch, according to a statement he personally signed, is “both strategic and necessary,” as it aligns with the goals of the African Continental Free Trade Area (AfCFTA), which seeks to promote cross-border trade and integrate markets, and the growth in intra-African trade.

“Eki.digital was created to address a problem that is specific to Africa,” Omage stated. “Access is what our continent lacks, not talent.” Africa’s place in international trade can be changed by bringing entrepreneurs and purchasers together.

Omage claims that the relaunch has a clear goal: to change the economic narrative of Africa.

He clarified, “African businesses have been ancillary to the global economy for decades.” Our goal is to change that by offering a digital ecosystem that creates trust, breaks down trade barriers, and opens up new markets. Eki.digital is more than just an online store; it’s a global hub for African business and innovation.

The redesigned platform, which was designed as a complete “super app,” unifies many services under a single digital roof, such as e-commerce, job listings, real estate, and digital services.

One of the most enduring issues small and medium-sized businesses (SMEs) on the continent confront will be resolved by its integrated digital wallet, which will facilitate safe and easy cross-border transactions.

Omage emphasized that a key component of the makeover was addressing payment issues.

He stated that receiving payments from overseas customers is one of the biggest challenges faced by African SMEs.

“Our integrated wallet is intended to remove that obstacle, enabling companies to conduct business with partners worldwide with assurance.”

For their first three months on the platform, new vendors will get a 10% sales bonus from Eki.digital as a way to reward early adopters. This is a component of a plan to promote adoption and foster trust, Omage clarified.

“From the beginning, we want our vendors to feel supported,” he stated. “The bonus is an indication of our faith in their abilities and our dedication to their achievement.”

Intentionally chosen as a cultural icon and a reminder of Africa’s long history of international trade, the platform’s name, “Eki,” means market in the Edo language of southern Nigeria.

Omage stated, “African economies have always been based on their markets.” “By giving our platform the name Eki, we are paying tribute to that heritage while reinventing the marketplace for the digital age.”

According to industry insiders, the project has the potential to be an important instrument in Nigeria’s efforts to diversify its economy and lessen its reliance on oil earnings.

Eki.digital, according to technology analyst Chika Okoye, is a “bold example of private-sector innovation that extends beyond solving local problems.”

The unique feature of Eki.digital, according to Okoye, is that it builds bridges to the global marketplace in addition to linking African customers and merchants. “The platform has the potential to empower thousands of SMEs and greatly enhance Africa’s standing in global trade if it is implemented successfully.”

Through the platform’s direct connection between African producers and international customers, its effects may also support the AfCFTA’s objective of removing trade obstacles throughout the continent.

“We want to see African products everywhere—on store shelves, online, and in homes all over the world,” Omage continued. “Eki.digital is how we connect talent with opportunity and supply with demand, bringing that vision to life.”

If the project is successful, it may pave the way for a new wave of technical innovations spearheaded by Africans, showcasing the continent’s ability to spur economic change, encourage entrepreneurship, and reposition itself in the international industry.

Aisha Yesufu Claims Tinubu Has Taken Charge as Fubara’s Master in Rivers

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Aisha Yesufu, a prominent sociopolitical activist, has responded to Rivers State’s settled political issue.

President Bola Tinubu has taken over as Rivers State Governor Sim Fubara’s new master, Yesufu said.

Keep in mind that six months ago, Tinubu suspended Fubara due to a political dispute with Nyesom Wike, the Minister of the Federal Capital Territory.

Along with designating a single administrator, the president also declared an emergency in Rivers State.

The state of emergency was revoked and Fubara was reinstated by the president last week.

Both Wike and Fubara declared that they had settled their disputes and that peace had returned to the state when he was reinstated.

In Abuja, Fubara and Tinubu had a private meeting on Tuesday.

“Wike gave Tinubu direct control of Rivers State,” Yesufu wrote in a post on X. Fubara’s master changed.