Naira weakens against Dollar as week closes

The Nigerian Naira ended the week slightly weaker against the US dollar at the official foreign exchange market, slipping by 19 kobo on Friday.

According to data from the Central Bank of Nigeria (CBN), the local currency closed at ₦1,533.74 per dollar, compared to ₦1,533.55 recorded the previous day.

Throughout the week, the Naira experienced marginal fluctuations. On Wednesday, it traded at ₦1,534.52/$, a slight dip from Tuesday’s ₦1,533.18/$. The week had opened on a positive note, with the currency trading at ₦1,534.20/$ on Monday, but it eventually ended in a minor decline.

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Currency analysts say the subtle movements reflect persistent pressures in the foreign exchange market, driven by factors such as high import demand, global oil price trends, and ongoing economic policies.

The CBN has maintained that it will continue to monitor the market closely and intervene when necessary to stabilize the Naira and support overall economic growth.

Experts warn that even small shifts in exchange rates could influence import costs and inflation levels, which traders and consumers will be watching closely in the coming days.

BBNaija: Housemates fail first wager challenge, face tough week ahead

The Big Brother Naija Season 10 housemates have hit an early stumbling block after losing their first wager task of the season.

The challenge required the housemates to recreate an unmasking show using a ball-themed concept, complete with dramatic costumes and stage performances. While they delivered an energetic showcase filled with flair, Big Brother, popularly known as Biggie, was left unimpressed.

Describing the presentation as “unremarkable” and lacking both imagination and substance, Biggie expressed disappointment at the group’s overall execution. He also warned the housemates about slow responses during tasks and frequent microphone infringements.

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Earlier, Head of House Jason Jae had rallied his fellow contestants, urging them to stay focused and bring their best energy to the performance. Unfortunately, the effort fell short of expectations.

With the loss, the housemates will now face a more challenging week, with reduced food rations and fewer privileges in the house.

BBNaija Season 10’s ultimate winner is expected to claim a mouthwatering grand prize worth ₦150 million, including cash rewards and luxury gifts from sponsors.

Odumodublvck denies streaming farm allegations

Nigerian rapper Odumodublvck has dismissed allegations of using streaming farms, insisting that the success of a song depends on its quality and public reception, not manipulated numbers.

Taking to his X handle, the rapper criticised fellow artists who accused others of inflating streams, describing their claims as “antics” born out of insecurity.

“Dear public, do not let them deceive you. No matter how much a song is stream-farmed, if your song is good and the people love it, it will show. All this one na small pikin scopes and antics. Insecurities. Trynna prepare the table in case you fail. Losers,” Odumodublvck wrote.

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The rapper emphasised that while stream manipulation may exist, it cannot replace the natural success that comes from genuine fan love and high-quality music.

His response comes after singers Magixx and Blaqbonez suggested that some Nigerian artists might be boosting their streaming numbers through questionable practices. Magixx had hinted that certain streams were “unnatural,” while Blaqbonez also implied the use of underhanded tactics in the industry.

Odumodublvck, however, maintained that talent and authenticity will always prevail in the long run.

Tinubu moves Surveyor-General’s office to Presidency

President Bola Tinubu has approved the transfer of the Office of the Surveyor-General of the Federation (OSGoF) from the Ministry of Works to the Presidency.

The President disclosed the directive on Thursday during the National Economic Council (NEC) meeting, explaining that the move would enhance coordination and execution of major infrastructure projects, particularly the Lagos-Calabar and Sokoto-Badagry Super Highways.

Minister of Information and National Orientation, Mohammed Idris, also confirmed the development while briefing State House correspondents after the Federal Executive Council (FEC) meeting presided over by Tinubu.

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According to Idris, the reassignment is aimed at streamlining geospatial data management and strengthening direct oversight of national mapping and land administration priorities.

Although the minister did not provide exhaustive details, analysts note that the decision aligns with the administration’s reform agenda and increasing reliance on geospatial intelligence for infrastructure planning, development, and security mapping.

The OSGoF serves as Nigeria’s apex mapping agency, responsible for providing accurate geospatial data and services to support national development.

Davido surprises Israel DMW with multimillion-naira rolex watch

Afrobeats superstar Davido has gifted his longtime aide and logistics manager, Israel DMW, a brand-new Rolex wristwatch worth millions of naira.

The heartwarming moment, captured on video in Atlanta, showed Israel beaming with excitement as he received his first-ever Rolex from his boss. Overwhelmed with joy, Israel praised Davido for fulfilling his promise and blessing him with the luxury timepiece.

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This grand gesture comes weeks after rumours of a rift between the two surfaced when Davido unfollowed Israel on Instagram. Israel, however, debunked the speculation by sharing photos of himself alongside Davido during the singer’s Canada tour, reaffirming their strong bond.

Israel DMW has remained a loyal member of Davido’s 30BG team for years, often expressing his admiration for the singer’s generosity.

As Davido prepares for his much-anticipated wedding to his longtime partner, Chioma, Israel has already shown excitement for what he describes as an unforgettable celebration.

BBNaija: Joanna becomes first female to win opening arena game

Joanna, a housemate in the ongoing Big Brother Naija Season 10, has made history by winning the first Arena Game of the season, completing the task in a record time of three minutes and 15 seconds.

Her stellar performance not only placed her ahead of fellow contestants but also earned her thunderous cheers and chants from housemates, as directed by Big Brother in honour of her victory.

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In recognition of her effort, Big Brother announced that Joanna would be handsomely rewarded, with details of the prize to be revealed at a later time.

Joanna’s win marks a major milestone for female contestants in the show, breaking the long-standing trend of male dominance in the early Arena Games of previous seasons.

Court of Appeal affirms Aiyedatiwa’s election

The Court of Appeal, Akure Judicial Division, on Thursday affirmed the victory of Gov. Lucky Aiyedatiwa of Ondo State in the Nov. 16, 2024 election.

The News Agency of Nigeria (NAN) reports that the Ondo State Governorship Election Petition Tribunal on June 4 upheld the victory of Aiyedatiwa, candidate of All Progressives Congress (APC) and declared petitions against him as “speculative.”

The People’s Democratic Party (PDP), African Democratic Congress (ADC), Allied People’s Movement (APM) and Social Development Party (SDP) had filed appeals, alleging that the tribunal did not accord proper analysis to details of the evidence and exhibits submitted to the tribunal.

The three-man panel of Justice Nimpar Yargata, Justice K.I. Amadi and Justice I.M. Sani, unanimously struck out the appeals, for not substantiating the claims of non-compliance with the Electoral Act.

The court said that the appellants could not substantiate their allegations against the election and APC.

The court noted that the petitioners failed to prove that there were over voting and electoral flaws in various polling units, wards and local government areas where the election took place.

The appellate court stated that the petitioners could not present credible witnesses at the tribunal to back up their claims of widespread irregularities in the various polling units across the state.

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The court, therefore, imposed a fine of N1.5 million against the petitioners.

Reacting to the judgment, Aiyedatiwa described it as a welcome development, commending the Appeal Court justices for painstakingly going through the cases and delivering detailed and unanimous judgments.

“I give glory to Almighty God who orchestrated this journey from the beginning and used the good people of Ondo State.

“Over 366,000 electorate gave us their mandate on Nov. 16, 2024 to continue governing this state as the seventh democratically elected governor.

“That mandate was validated by the tribunal and has now been reaffirmed by the Appeal Court.

“While some political parties tried to overturn the people’s decision through the backdoor, the judiciary has fulfilled its role by upholding the choice made by the majority of voters across the 18 local government areas of the state,” he said.

Aiyedatiwa also appreciated his deputy, Olaide Adelami; his lawyers, APC leaders and members for their support.

The governor also extended the gratitude to President Bola Tinubu for ensuring a level playing ground for all parties.

(NAN)

Reminisce confirms September release for eighth studio album

Nigerian rap icon Remilekun Khalid Safaru, popularly known as Reminisce, has confirmed that his highly anticipated eighth studio album will be released in September 2025.

The award-winning rapper shared the update with fans in a brief post on X, simply writing: “New Album September.” While the official title of the project remains undisclosed, anticipation is building among fans and music lovers across the country.

The forthcoming album will be Reminisce’s first full-length project since his 2024 EP, “Sui Generis,” which featured collaborations with notable acts including Vector, BadBoy Timz, and Bhadboi OML.

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Reminisce has built a formidable legacy in the Nigerian music industry, with a discography that blends commercial success and critical acclaim. His debut project, My Book of Rap Stories, was followed by the chart-topping “Alaga Ibile,” which reportedly sold over 13 million units in the Alaba market.

He went on to release “Baba Hafusa” and “El Hadj,” both of which made Billboard history. Baba Hafusa debuted at No. 12 on the Billboard World Album Chart, making Reminisce the first African rapper to reach that milestone, while El Hadj followed closely, debuting at No. 13.

With his latest album set for release in September, fans eagerly await another chapter in the journey of one of Africa’s most influential rap voices.

ESPN keeps mum on Shannon Sharpe’s exit amid lawsuit settlement

ESPN has remained publicly silent on the departure of sports analyst and former NFL star Shannon Sharpe, sparking questions about how major networks handle reputational risks involving high-profile talent.

Reports confirmed in late July that Sharpe would not return to First Take, but the network has yet to release an official statement regarding his exit. His departure came after the settlement of a $50 million civil sexual assault lawsuit, which had prompted him to step away from ESPN in April.

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Court documents show that the case was dismissed with prejudice on July 18 following a private settlement. Sharpe, who consistently denied the allegations, revealed on his Nightcap podcast that he asked ESPN to delay any formal announcement until after his brother, Sterling Sharpe, was inducted into the Pro Football Hall of Fame on August 2. However, according to him, that request was not honored.

The muted exit marks a departure from ESPN’s traditional crisis response approach, where public statements or temporary suspensions were typically issued in cases involving on-air personalities. Communication experts note that the strategy reflects a growing trend in media toward “quiet disengagement,” especially in sensitive, high-visibility cases.

Despite leaving ESPN, Shannon Sharpe continues to engage with fans through his independent platforms, Club Shay Shay and Nightcap. Meanwhile, ESPN has not publicly addressed or explained the circumstances surrounding his departure.

Navy dismantles 10 Illegal refining stes in Delta, seizes 27,000 litres of stolen products

The Nigerian Navy has intensified its fight against oil theft in the Niger Delta, dismantling ten illegal refining sites and seizing over 27,000 litres of stolen petroleum products in Warri South Local Government Area of Delta State.

Navy Capt. Ikenna Okoloagu, the Commanding Officer of Forward Operating Base (FOB) Escravos, confirmed the development in a statement issued in Warri on Thursday. He said the illegal sites were discovered and destroyed in July 2025 during a series of coordinated operations under Operation DELTA SANITY II, aimed at crippling the activities of economic saboteurs.

According to Okoloagu, the operations were carried out in Obodo Omadino and Oteghele communities, following actionable intelligence. He explained that the first phase of the operation on July 1 led to the dismantling of three illegal refining sites at Obodo Omadino, where operatives recovered 7,200 litres of stolen crude oil and 1,575 litres of illegally refined Automotive Gasoline Oil (AGO) stored in one oven, 30 dugout pits and 21 polythene sacks.

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Further operations on July 12 and July 19 uncovered additional sites at Oteghele, where naval personnel dismantled facilities used for oil theft and recovered 2,300 litres of stolen crude oil, alongside a pumping machine used for the illicit operations. Maintaining momentum, the Base conducted another raid on July 23, deactivating two active sites loaded with 2,300 litres of crude oil and 2,675 litres of illegally refined AGO.

The final operations were carried out on July 27, leading to the destruction of the remaining sites in Obodo Omadino. In total, the Navy deactivated ten illegal refining sites and seized about 20,950 litres of stolen crude oil and 6,395 litres of illegally refined AGO. The recovered products were found in two locally fabricated ovens, 92 dugout pits and 60 polythene sacks.

Okoloagu reaffirmed the Navy’s commitment to dismantling illegal refining infrastructure and protecting Nigeria’s oil and gas assets. He also warned those involved in the illicit trade to desist or face the full weight of the law.