The Nigerian Naira (NGN) has been exchanging for approximately N1,584.54 per US Dollar (USD) as of today, according to recent currency conversion rates.
– Buying Rate:1 USD = N1,582.53
– Selling Rate: 1 USD = N1,584.54
Please note that currency exchange rates can fluctuate frequently, so these rates might change soon. For the most up-to-date rates, it’s best to check a reliable currency conversion website or app.
The Anambra State Government has assured contractors who supplied diesel for powering streetlights between March and April 2022 that it will investigate and resolve complaints over unpaid contracts reportedly worth N900 million.
The contractors, who gathered at the Government House, Awka on Thursday, appealed to Governor Chukwuma Soludo to intervene, stating that only seven out of 71 contractors have been paid for the supplies made during the transition period from the previous administration.
Addressing the group, the Governor’s Chief of Staff, Ernest Ezeajughi, promised that the state would look into the matter. He assured that if it is confirmed the contractors have not been paid, appropriate steps would be taken to remedy the situation.
We are going to verify the claims thoroughly to avoid issues of double payment, especially as some contractors have acknowledged receiving their dues,” Ezeajughi stated. He also appealed for patience and commended the contractors for their peaceful approach, noting their loyalty to the All Progressives Grand Alliance (APGA).
Earlier, contractor Hon. Nnaemeka Oraka explained that they continued their diesel supply after the March 17, 2022 handover from former Governor Willie Obiano to Governor Soludo, under the understanding that street lighting would remain operational. However, payments stopped after February 2022, with the new administration urging them in April to continue supplies.
“In May, we were instructed to stop, yet fueling continued in June and those suppliers were paid, while our payments for March and April remain outstanding,” Oraka said.
He emphasized that their demands are not politically motivated. “We are loyal APGA members. I personally hosted His Excellency in Nimo after his election victory. Governor Soludo remains our choice for the November 8 governorship election and we believe he will serve for eight years,” he affirmed.
The last Tuesday heavy downpour that swept across the major towns in Anambra state yesterday submerged an estimated two thousand buildings in the commercial town of Onitsha as well as major markets in the state.
The flood which cut off major roads and vehicles in Onitsha also swept away goods of traders at the main market, Ochanja market and Oye – Agu Abagana markets respectively while vehicles were stocked for several hours far into the night as commuters lamented over their predicaments .
The flood also carried large supply of debris from the upper part of Onitsha to the lower plane heading towards the River Niger only to hang up at blocked water channels.
To this end Gov Charles Soludo has ordered the relevant departments and his Aides to commence work in Onitsha and make proper assessment of the remote and immediate causes .
In compliance to the governor’s order the Secretary of Onitsha South local government area Mr Paul Onuachala who carried out inspection of the area noted that the flood is caused by blocked water channels being perpetrated by residents of the town who empty their wastes into the drains thereby blocking the flow of water .
Onuachala however announced that a fifty years old bridge with narrow water channels is the cause of the flood announcing that the bridge is currently being demolished and a new one being constructed as well as widening the water channels.
The thing actually harvested a lot of wastes along that line and automatically block the water channels”
“Towards Genis bread side there is a colvert there that was equally blocked and that also contributed to what is happening”
“We are demolishing the bridge and we are constructing a new bridge along Genis bread that would empty into the River Niger and that will empty the Ochanga and lower part of that area quicker “
We are going to widen the water channel to accommodate water and flood during this rainy season”
“These flood carrying debris from the upper part of Onitsha a d given our topography it follows from upper Onitsha down to the lower part of Onitsha to the River Niger”
“This is an old bridge because by the time the bridge was constructed the population of Onitsha was not the same with the population that we have now and that bridge was constructed about fifty years ago ” he said.
Reacting to the disaster the Anambra Commissioner for Environment Engr Felix Odumegwu said that the Ministry is working with the Ministry of Works as well as the Operation Clean and Healthy Anambra aka OCHA Brigade to address the situation and ensure a permanent solution to the problem.
We have contacted the Commissioner for works and we are carrying out the desilting of the drains “
“When the rain sets in the first few rains present this type of difficulty sometimes because of some areas where there are blockages but along the line it would ease off after identifying the areas that we have problems and take care of them “
Since February we have been announcing to people to start desilting their drains because of the coming rains and we set out a deadline and the OCHA brigade has been mandated to carry out enforcements but we are gout around and you noticed that yesterday we were on the streets and all efforts are being made to ensure that we do not witness this kind of thing again”
“Any man made causes of flooding will not happen a d we a are taking proactive measures in that area”
“We are aware of the fact that there would be flooding this year and we have been carrying out sensitization campaigns at the targeted areas and as a government we are on too of the situation ” he said.
In a sweeping legislative move aimed at curbing crime and unregulated spiritual practices, the Governor of Enugu State, Dr. Peter Mbah, has transmitted an Executive Bill to the Enugu State House of Assembly. The bill, titled “Maintenance of Internal Security, Vigilance and Order,” seeks to combat illicit activities among native doctors, herbalists, and spiritualists, while also targeting ritual practices, illegal forest encampments, and property misuse for criminal operations.
The bill proposes a ban on money rituals, commonly referred to as ‘okite’, and criminal bulletproof charms, known locally as ‘odeshi’. It also prohibits the unlawful occupation or use of forests and private properties for kidnapping, banditry, and other criminal purposes.
According to Section 3 (1) of the bill:
“Every person, who engages in the practice or rendering of spiritual services within the state, whether as a native doctor, herbalist, spiritualist, chief priest, diviner, seer, or by any other traditional or spiritual title or designation, shall be registered with the ministry, department or agency (MDA) of the state as may be designated by the Governor for that purpose.”
Failure to register would attract a fine of not less than N1 million and not more than N5 million, or a two-year jail term, or both.
The Nigerian Naira (NGN) has been exchanging for approximately 1,584.54 Naira per US Dollar (USD) as of today, according to recent currency conversion rates.
– Buying Rate:1 USD = 1,582.53 NGN
– Selling Rate: 1 USD = 1,584.54 NGN
Keep in mind that currency exchange rates can fluctuate frequently, so these rates might change soon.
Less than 24hrs after he empowered 30 people with over 3 million naira during Sunday church service, the General Overseer of Answer of God Bible Ministries Incorporated, Ezira, in Orumba South LGA of Anambra State, Pastor Stephen Nwabuike Okoli, was reportedly kidnapped.
A social media user, Ikechukwu Kingsley; who announced the development while reacting to the empowerment on ABS Facebook page described Pastor Okoli as generous.
A member of the church who pleaded anonymity informed that the President General of Ezira Improvement Union, Mr Moses Akam, and some of the community youths were with the Pastor at his compound on Monday 2nd June when the “kidnappers” numbering 6 stormed guns, daggers and other dangerous weapons and took him away around 1pm after resistance from the youths yielded no result.
The source explained that while the armed group said they came from Awka; the state capital, the Pastor has remained incommunicado; as his lines were switched off.
He noted that the unfortunate incident may not be unconnected to the Pastor’s empowerment programmes being supported by public-spirited individuals, but however expressed confidence in God’s ability to rescue his servant., as his church members are presently organizing prayers for his release.
When contacted over the development, the President General of the community, Mr Akam, promised to call back our Correspondent.
In exercise of its regulatory powers, the Enugu State Electricity Regulatory Commission, EERC, has ordered MainPower Electricity Distribution Company, formerly Enugu Electricity Distribution Company, EEDC, to refund over 20,000 estimated customers over “wrongful billing” by the company.
This was contained in a public notice issued by EERC on Monday where the Commission said that its order was consequent upon many complaints by MainPower’s customers against the firm’s overbilling.
“Pursuant to Section 35 of the Enugu State Electricity Law 2023 and other extant rules, this is to inform customers in Enugu State that the Commission has issued an Order to MainPower to refund the affected customers the overbilled units for energy consumed in April 2025,” EERC notice reads.
It said the list of the affected customers have been published on the Commission’s website, www.eerc.en.gov.ng/order, and advised affected customers of MainPower, who are not refunded at the expiration of the timeframe for the refund to contact the Commission via email at info@eerc.en.gov.ng or call 09122642755 for the Commission’s necessary action.
Meanwhile, the order signed by the Chairman of EERC, Chijioke Okonkwo, and the Commissioner in charge of Market Operations, Barr. Reuben Okoye, gave MainPower till July 2025 billing cycle at most to refund the customers, failing which it would pay a fine of N500,000 for each day that it fails to comply with the order in line with the extant law of the Enugu State Electricity Law, 2023.
According to the Commission, it started tracking the estimate billing practices of MainPower from October 2024 when it assumed full regulatory control in Enugu State from the Nigerian Electricity Regulatory Commission, NERC, and raised the issues with the firm in a letter dated 16th December, which it said MainPower failed to adequately address in their response dated 14th January 2025.
EERC added that in another letter dated 4th April 2025, it further called MainPower’s attention to its continuous estimated billing violations from October 2024 to February 2025 and demanded a significant improvement in the next two billing cycles failing which it would be constrained to commence enforcement action.
“The Commission, in its letter to MainPower dated 6th May 2025 called MainPower’s attention to the suspiciously striking similarity between MainPower’s estimated billing reports in February and March 2025; and gave MainPower 14 days from the date of receipt of the letter to provide an explanation, if any.
“The 14 days given to MainPower to respond to the Commission’s letter dated 6th May 2025, expired on 23rd May 2025 without any response from MainPower.
“The Commission recently reviewed MainPower’s April 2025 estimated report, and observed that the degree of violation of the caps on estimated billing by MainPower had further deteriorated from the 24 percent observed in February and March 2025, to 34 percent in April, 2025,” EERC stated.
The Commission, therefore, said it had “established that MainPower is in deliberate breach of the Commission’s stipulations in the terms and conditions of MainPower’s Interim Licence with respect to the capping of estimated billing.”
Consequently, it ordered that MainPower refunds the equivalent amount of the April 2025 over-bill to the affected customers.
“MainPower shall refund the over-bill to the affected customers within the June 2025 billing cycle, but not later than the July 2025 billing cycle.
“Where MainPower fails or neglects to comply with this Order, the Commission shall invoke its powers under section 32 (5) of the Enugu State Electricity Law 2023, which authorises the Commission to impose a fine not exceeding Five Hundred Thousand Naira (N500,000.00) for each day that MainPower may be in default of compliance with this Order,” the order concluded.
NAIRA TRADES AT N1,589.12 PER DOLLAR AS OF JUNE 2, 2025
The Nigerian Naira (NGN) closed at N1,589.12 per US Dollar (USD) as of Monday, June 2, 2025. This exchange rate reflects the current market dynamics in the foreign exchange market.
Exchange Rate Details:
– Buying Rate:N1,585.00 per USD
– Selling Rate:N1,589.12 per USD
The Naira’s exchange rate against the US Dollar has remained stable, indicating a steady market sentiment. However, currency traders and investors are advised to monitor market developments closely, as exchange rates can fluctuate rapidly.
Stay tuned for further updates on currency exchange rates and market trends.
Paris Saint-Germain (PSG) has made history by winning their first UEFA Champions League title, defeating Inter Milan 5-0 in the final held at Munich’s Allianz Arena on June 1, 2025. This dominant victory marks the largest margin of win in a Champions League final since 1956.
PSG’s triumph makes them the second French club to win the European Cup, following Marseille’s victory in 1993. Coach Luis Enrique, who previously led Barcelona to the title in 2015, secures his second Champions League win.
This win completes a historic treble for PSG, who had already secured Ligue 1 and Coupe de France titles earlier in the season. The team’s shift from a “galactico” approach to a more balanced, team-focused strategy under Luis Enrique has paid off, bringing European glory to the Parisians.