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Naira to Dollar exchange rate today, June 16, 2026: Nigerian currency records depreciation 

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Nigeria’s currency, the Naira, recorded a slight depreciation against the United States dollar at the official foreign exchange market on Tuesday.

 

Data from the Central Bank of Nigeria, CBN, showed that the Naira exchanged at N1,357.18 per dollar, compared to N1,356.27 recorded on Monday.

 

The latest figure represents a decline of 90 kobo against the dollar on a day-to-day basis.

 

However, the Naira remained unchanged at the parallel market, where it traded at N1,395 per dollar, the same rate recorded a day earlier.

 

The mixed performance across the official and black market segments comes as Nigeria’s external reserves stood at $50.81 billion as of June 15, 2026.

 

The development follows the Naira’s appreciation at the official foreign exchange market on Monday, when the local currency opened the week on a positive note.

Victory for Atiku as Appeal Court stops judgment ordering INEC to deregister ADC, others

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Momentary victory for Atiku Abubakar, presidential candidate of the African Democratic Congress, and others as the Court of Appeal in Abuja has ordered a stay of execution of the judgment that directed the Independent National Electoral Commission, INEC, to deregister ADC and four political parties.

A three-member panel led by Justice A. B. Mohammed, in a unanimous decision on Tuesday, condemned Justice Peter Lifu of the Federal High Court in Abuja for flouting a May 22 order.

According to the panel, “The decision of the lower court to proceed with the judgment despite the express order of this court is a brazen violation of the hierarchy of the court and the 1999 Constitution.

The appellate court invoked a Supreme Court precedent to characterize Justice Lifu’s conduct in the harshest terms available to it.

“The decision of the lower court to proceed with the judgment despite the express order of this court is the highest form of judicial impertinence,” the panel declared.

It added that the Supreme Court had previously held that a judge who acted in such a manner “is unfit for the bench, as it amounts to judicial rascality.”

According to the appellate court, it had a duty to assert its supervisory authority over lower courts and protect the integrity of the judicial hierarchy.

“Courts are enjoined to protect their integrity. This court has supervisory authority over the trial court. This court has the duty to invoke its powers in ensuring that its orders are obeyed. The application for stay of execution is hereby granted. The enforcement of the judgment is stayed,” the panel ruled.

2027: We Need unifier — Dino Melaye dumps Atiku for Peter Obi [VIDEO]

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Former Senator representing Kogi West, Dino Melaye, has endorsed the presidential ambition of Peter Obi after dumping African Democratic Congress candidate Atiku Abubakar ahead of the 2027 general elections.

In a video circulating on social media, Melaye described the former Anambra State governor as a leader with the intellectual depth and administrative experience needed to lead Nigeria.

According to the former lawmaker, the country requires a unifying figure capable of addressing its security challenges and rebuilding public confidence in governance.

Speaking in the video, Melaye said: “Fellow countrymen and women, I’m here to address you once again in the course of our nation’s history. We need a unifier. I’m here to address Nigerians, especially my brother and friend, the former Governor of Anambra State, and the former Vice Presidential candidate of our political party, Peter Obi.

“He is one of the finest Nigerians who is intellectually mobile and administratively sagacious. He’s a great Nigerian, and by the grace of God, he has the potential of being a great president.

“I celebrate your conscience of the Nigerian youths and public on governance and building a new Nigeria. So I want to say it is time for us to think.

“I encourage the crusade, the movement started by Peter Obi, to continue, move from campus to campus, move from community to community, move from one progressive group and organization from this country to another to campaign for the new Nigeria that is to come and be part of the movement to rebuild, to restructure, to reorganize, and reboot Nigeria as a country.

“We must speak the truth, and the truth is the truth. The truth of the matter is we need a unifier. We need one Nigerian that can solve the problem of insecurity in this country. We need a Nigerian that will have intel from every security facet of our national life.”

Watch video: https://x.com/Obitrize_042/status/2066873528570233159/video/1

You used FIFA World cup to glorify terror in Nigeria, unlike IShowSpeed- Reno Omokri replies Davido over Bingo insult

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Nigeria’s ambassador-designate to Mexico, Reno Omokri, has reacted after popular singer Davido referred to him as “Bingo” in a social media post.

 

The exchange followed Omokri’s criticism of Davido for wearing a customized jacket bearing the names of abducted Oyo schoolchildren during a performance at the 2026 FIFA World Cup.

 

Responding to Omokri’s remarks, Davido wrote in a now-viral post: “Umu Bingo @renoomokri fowl.”

 

Reacting on Tuesday, Omokri shared screenshots of the post on Instagram, describing Davido’s comment as “feedback” and expressing surprise at the insult.

 

“Dear Mr. David Adeleke AKA Davido, thank you for your feedback. I was rather surprised by your response to my post. Most shocking is your insult,” he wrote.

 

Omokri said he believed Davido was angered by his criticism of the singer’s decision to spotlight the issue of kidnappings on an international stage.

 

“You are an international celebrity whom Nigeria is proud of. Coming to insult me on my Instagram profile with such vulgar words should be beneath you,” he said.

 

According to Omokri, while Davido’s intention may have been noble, drawing global attention to the activities of kidnappers and terrorists could inadvertently help them spread fear and gain publicity.

 

“I did that because while your intention may be good and you think you are pressuring the government, the actual effect of what you did is to give publicity to the terrorists and help them spread fear, recruit new members, and raise funds,” he stated.

 

Omokri contrasted Davido’s action with that of American content creator and streamer IShowSpeed, whom he praised for promoting Nigeria positively during the World Cup.

 

“Meanwhile, IShowSpeed, an American, at that same event used the global stage of the World Cup to market Nigeria by wearing the jersey and speaking well about Nigeria,” Omokri added.

BREAKING: Abuja court revokes Sowore’s Bail, issues arrest warrant to Police, DSS

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A Federal High Court in Abuja has revoked the bail granted to the Presidential candidate of the African Action Congress, Omoyele Sowore, following his failure to appear in court for the continuation of his trial.

Justice Mohammed Garba Umar ordered the revocation of Sowore’s bail during proceedings on Tuesday after the defendant was absent despite being aware of the hearing date.

 

Counsel to the prosecution, Kehinde Akinlolu (SAN), informed the court that Sowore failed to attend the proceedings and urged the court to revoke his bail. He also alleged that the defendant had consistently taken steps that delayed the trial.

 

In his ruling, Justice Umar noted that although Sowore had written to the court seeking an adjournment, the letter did not provide any reason for the request.

 

Consequently, the court revoked the defendant’s bail and adjourned the matter until June 22 for further hearing.

Signatures of some senators were forged in suspension of Natasha – Oshiomhole opens up

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Oshiomhole

The lawmaker representing the Edo North Senatorial District, Comrade Adams Oshiomhole says there are claims that signatures of some lawmakers were allegedly forged in the suspension of Kogi Central Senator, Natasha Akpoti-Uduaghan.

DAILY POST reports that the Senate Committee on Ethics, Privileges, and Public Conduct had in March 2025, recommended the suspension of the lawmaker for alleged “gross misconduct”.

Speaking on the matter while appearing on AIT’s ‘One-on-One’ programme in Abuja on Monday, Oshiomhole said some members of the committee told him that they did not endorse the report but their names were published.

“There were people who even claimed that their signatures were forged in that document.

“Senator Kingibe told me “but I didn’t sign that report, I did not agree with the content” but her name was published in the report that was tabled by the Senate.

“The committee has a hearing, where they hear out people who have something to say and then agree on certain recommendations.

“The members of the committee are expected to sign that report so that it becomes the collective decision of the committee.

“But there are two or three members who said they didn’t sign the report but their names were published”.

Insecurity: It’s insensitive, ill-timed – Group blasts APC over 2027 campaign rally in Ebonyi

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The Fix PDP, Fix Nigeria Group has strongly condemned the recent political rally held in Ebonyi State by leaders of the All Progressives Congress (APC), including the party’s National Chairman and other top-ranking officials, describing the gathering as insensitive, ill-timed, and completely disconnected from the harsh realities facing millions of Nigerians.

In a statement issued on behalf of the group, frontline member, Mr. Chike Uba, said it was shocking that at a time when the nation is battling worsening insecurity, rampant kidnappings, economic hardship, and the collapse of critical infrastructure, senior APC leaders have chosen to focus their energy on political campaigns for the 2027 elections.

According to him, the country is currently bleeding, with innocent citizens being killed across several parts of the federation while many families continue to endure the trauma of having their loved ones held captive by kidnappers.

“Nigeria is in pain. Citizens are being killed almost daily. Communities are under siege. Farmers cannot safely access their farmlands. Businesses are struggling. Families are living in fear. Yet, the APC leadership has chosen this moment to embark on a political carnival for 2027. It is insensitive, irresponsible, and deeply disappointing.”

Mr. Uba noted that the South-East, where the rally was held, continues to suffer from severe infrastructure deficits, particularly poor federal road networks that have crippled economic activities and endangered lives.

“The people of the South-East do not need campaign speeches for 2027. They need functional roads. They need security. They need investments. They need policies that improve their lives. Instead of discussing solutions to the infrastructural decay confronting the region, APC leaders are already campaigning for an election that is still far away.”

He further expressed disappointment with the participation of the APC National Chairman, arguing that his presence at the rally raised serious questions about the priorities of the ruling party.

“What is particularly disturbing is that the APC National Chairman comes from Plateau State, a state that has witnessed repeated attacks, killings, displacement of communities, and immense human suffering. One would have expected him to devote his energy and influence towards mobilizing national action to address the security crisis affecting his people and other Nigerians.”

“Rather than leading conversations on how to stop the killings, rescue kidnapped citizens, rebuild affected communities, and restore confidence in government, he has joined the campaign train. This is shameful and completely out of touch with the mood of the nation.”

The group maintained that leadership demands empathy, responsibility, and responsiveness to the needs of citizens, not premature political celebrations and endless electioneering.

“There will be a time for politics and campaigns. Today is not that time. Today, the priority must be securing lives, rescuing those in captivity, rebuilding damaged infrastructure, creating jobs, and restoring hope to Nigerians.”

The Fix PDP, Fix Nigeria Group therefore called on the APC leadership to immediately abandon what it described as “premature 2027 politicking” and concentrate on addressing the pressing challenges confronting the nation.

“History will not judge political leaders by the number of rallies they attended but by how they responded when their people were in distress. The APC must stop campaigning andstart governing.”

Mr. Uba further stated that the Peoples Democratic Party remains committed to offering the people of Ebonyi State a credible alternative and a pathway to better governance. He argued that years of poor policy choices and misplaced priorities have left many residents grappling with economic hardship, inadequate infrastructure, and declining public confidence in government.

According to him, the PDP is already engaging stakeholders across the state with a view to restoring purposeful leadership, accelerating development, and “removing Ebonyi from the darkness and stagnation that the current administration has imposed on the state.”

He expressed confidence that the people of Ebonyi would, at the appropriate time, choose a government that places their welfare, security, and prosperity above political showmanship.

This wording keeps the criticism firmly as a political opinion while maintaining a press-statement tone.

I faced constant spiritual battle in music industry’ – America rapper, Nicki Minaj

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Famous rapper and singer Nicki Minaj has alleged that influential figures in the music industry deliberately sideline talented artists who refuse to conform to their expectations.

 

Speaking during a recent episode of The Bryce Crawford Podcast, Minaj claimed that many of the obstacles faced by her and other gifted musicians were orchestrated by powerful individuals within the industry, although she did not mention any names.

 

According to the rapper, these figures view artists as assets meant to generate profit and often work against those who choose not to align with their interests.

 

Minaj revealed that she has endured what she described as “constant spiritual warfare” throughout her career because she refused to play by the rules set by such powerful industry players.

 

Reflecting on her journey, the award-winning artist said she wished she had understood earlier how deeply spiritual the music business can be, noting that she felt unprepared for the battles she encountered.

 

“It was constant spiritual warfare. I wish I kind of knew sooner that this music industry was such a spiritual experience because I felt like I brought a knife to a gunfight,” she said.

Deregistration: ADC reveals next action line as court blurs Atiku’s hope to become president

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The African Democratic Congress (ADC) has announced plans to challenge the Federal High Court judgment ordering its deregistration, insisting it will immediately seek redress at the Court of Appeal.

Speaking on Monday during Arise Television’s Prime Time programme, the party’s National Publicity Secretary, Bolaji Abdullahi, said the ADC remains unfazed by the ruling and is prepared to pursue all legal avenues to overturn the decision.

 

Abdullahi stated that the party has overcome numerous challenges since its formation and would not allow the latest development to derail its political ambitions.

 

According to him, the ADC has built a strong nationwide structure and successfully conducted what he described as one of the most extensive internal democratic exercises ever undertaken by a political party in Nigeria.

 

“By tomorrow morning (Tuesday), ADC will be in the Court of Appeal. Ours is a party that was born out of adversity, and we are accustomed to challenges like these,” he said.

 

“We are not distracted by them. Despite the obstacles, we have built a formidable political party and carried out one of the most ambitious internal democratic exercises in the country.

 

“What we achieved during our primaries is unprecedented and sets a standard that no other political party in Nigeria has matched.”

 

The party’s reaction comes after Justice Peter Odo Lifu of the Federal High Court in Abuja on Monday directed the Independent National Electoral Commission (INEC) to deregister the ADC, the Accord Party and three other political parties over alleged violations of constitutional provisions.

 

The court further ordered INEC to withdraw recognition of the affected parties and barred them from participating in activities connected to the 2027 general elections until they comply with constitutional requirements.

 

Despite the ruling, ADC leaders insist the party will vigorously contest the judgment and remain active in the political process while the legal battle unfolds.

Last month, former Vice-President Atiku Abubakar emerged as the presidential candidate of ADC.

Recently, the ADC announced the former governor of Rivers State, Rotimi Amaechi, as Atiku’s running mate. The court ruling has blurred Atiku’s path to the 2027 presidency.

BREAKING: Nigerian Army rescue wife of late General Rabe Abubakar in Katsina

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Army Rescues Wife of Late Maj.-Gen. Rabe Abubakar After Gun Battle With Bandits in Katsina

 

Nigerian Army troops under Operation FANSAN YANMA have rescued Mrs. Abubakar, the wife of late retired Major General Rabe Abubakar, following a fierce encounter with armed bandits in Matazu Local Government Area of Katsina State.

 

Security analyst Zagazola Makama disclosed the development in an exclusive report shared on his official X account on Monday night.

 

According to Makama, the rescue operation was carried out under Operation CLEAN SWEEP III and followed intelligence-driven offensives launched across Matazu and neighbouring communities after the abduction of the retired senior military officer and members of his family.

 

Citing security sources, he said troops engaged the bandits at Tunga village during a search-and-rescue mission, forcing the criminals to abandon their victim and flee under intense military pressure.

 

“The bandits shot her and fled when we made contact at Tunga village. We have rescued Mrs. Abubakar. She is bleeding, we have given her first aid and are moving her for urgent medical attention,” a military source said.

 

The source added that the troops responded swiftly after receiving intelligence on the movement of the abductors, leading to the successful rescue of Mrs. Abubakar despite injuries sustained during the incident.

 

The operation is part of ongoing military efforts to dismantle bandit networks and secure communities across Katsina State and the wider North-West region.

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