News

Finland gets new president, Alexander Stubb

Published

8 months ago

March 2, 2024

Alexander Stubb took the oath of office as the 13th president of Finland on Friday during a session of the Finnish parliament.

Stubb, 55, succeeded Sauli Niinisto who served as Finland’s head of state for 12 years.

In his inaugural address, Stubb promised to promote an open, safe and international Finland and ensure its continued success.

The new president also called for unity and solidarity among the people, urging them to cherish the traditions of trust, justice and communal support that underpin the Finnish society, and to embrace changes and technological advancements with empathy and adaptability.

Stubb said Finland’s foreign and security policy line is founded on “value-based realism” and elaborated later at a press conference that his line is based on traditional idealism and democratic values, “but combined with accepting the need to talk with those who do not share our values.”

Stubb won the presidential election in February. He once served as Finnish prime minister and foreign minister.

Finland maintains distinct representation within the European Union and the North Atlantic Treaty Organization, with the president attending NATO summits and the prime minister representing the country within the EU. The president and Prime Minister Petteri Orpo both belong to the National Coalition Party.

The presidential transition in Finland came against the backdrop of a major political conflict over the cabinet’s plans to cut back social security and terms of labor.

Addressing the cabinet, Stubb pledged support for the government’s efforts to stabilize the economy.

Stubb is proficient in English, French and German, in addition to Finland’s two official languages, Finnish and Swedish.

He said his first planned trip abroad as president will be in Norway, where he will inspect a NATO maneuver. Finland joined the military alliance last year.

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Sweden will be the destination of his first official state visit, according to tradition.

News

Just in: Ex-HoR member finally regains freedom after serving jail term in Kuje

Published

1 hour ago

October 22, 2024

Naijablitznews

Ex- House of Representatives member, Hon Farouk Lawan has finally regained freedom after serving his jail term at Kuje custodial.

Lawan in a statement he personally signed thanked his family and friends who supported him while serving his jail term in Kuje.

Read statement below:

“I Thank Almighty Allah – Hon Farouk Lawan

Alhamdulillah
Alhamdulillah
Alhamdulillah

“Today marks the beginning of a new chapter in my life as I step out of Kuje Custodial Centre, with a heart full of gratitude to Allah SWT for seeing me through this trial.

“My gratitude is deep, I’m alive and in good health and high spirits to be with my family, friends and associates. I don’t take that for granted.

“I remain grateful and indebted to my family and friends who stood by me through this particularly trying phase of my life.

“May Allah SWT bless you🙏

News

Reps Displeased With Nigerian Navy Over Arbitrary Purchase of Foreign Platforms, Seaman Abbas’ Dismissal

Published

1 hour ago

October 22, 2024

Gloria Ikibah

By Gloria Ikibah

The House of Representatives has expressed displeasure with the Nigerian Navy for indiscriminate acquisition of foreign platforms without its knowledge, and failed to respond to its letters demanding for documents to facilitate effective oversight of the security agency.

Chairman, House Committee on Navy, Rep Yusuf Gagdi stated this while addressing journalists after a closed door meeting with the leadership of the Nigerian Navy, during an oversight visit, on Monday in Abuja.

He said: “We cannot say anything now until we have gone to see those projects, the platforms that are being built, then we can come back here, and have another interaction”.

Gagdi also provoked with the Nigerian Navy over at manner in which the case of a personnel, Seaman Haruna Abbas, was handled, leading to his dismissal after six years in detention.

Abbas was allegedly held in detention for the period without trial over some disciplinary issues. As a result, his wife had cried out through a popular Abuja radio programme, Brekete Family Radio and Television programme on Human Rights Radio. This sparked wide condemnation before the Navy tried and subsequently dismissed him from service.

“We came for an oversight function, you all know every committee has the Constitutional power, so we came to the Navy to ask questions on tax payers’ money, how monies appropriated to the Navy is being spent.

“We came to ask questions on how interventions by the President of the Federal Republic of Nigeria is being spent by the Navy. How the junior officers are being treated by the senior officers, including the famous case of Seaman Haruna, how he was suddenly dismissed. It is our responsibility on behalf of the Nigerian people to ask questions on these pertinent issues.

“We’ve asked them, but we are generally uncomfortable with them, so we’ve said that we are going to go on oversight visit, to perform a deep rooted oversight to know how resources are being applied and how disciplinary matters are being handled by the Navy.

“So by the special grace of God, it’s not a new thing, we are only doing our job. And I have told you without any fear of contradiction that the committee is not satisfied.

“Beyond the Seaman Abbas issue, we are not satisfied with the non-response to letters written by this committee, for documents demanded to guide us in our oversight function and so on, and the acquiring foreign platforms without the knowledge of this committee, and so many things.

“We cannot say anything now until we have gone to see those projects, the platforms that are being built, then we can come back here, and have another interaction”, he added.

In his brief earlier, the Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, told the committee that the Navy was facing several challenges hinging on but not limited to “inadequate resources to effectively carry its operations.”

The CNS stated that beyond its military responsibility, the Navy also performs the function of policing the waterways, complementing the Nigeria Customs which has no deep-sea policing capacity.

News

SEE Black Market Dollar To Naira Exchange Rate Today, October 22

Published

2 hours ago

October 22, 2024

Naijablitznews

See Exchange Rate As Naira Gains 0.07%

Black Market Dollar To Naira Exchange Rate Today, October 22 2024 Can Be Accessed Below.

The official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates.

Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand for dollars in the market. While you can currently purchase one dollar at a certain rate, it’s important to remember that the rate can shift (either upwards or downwards) within hours.

How much is a dollar to naira today in the black market?

Dollar to naira exchange rate today black market (Aboki dollar rate):

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1715 and sell at N1725 on Monday 21st October 2024, according to sources at Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1715
Selling Rate N1725
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Buying Rate N1651
Selling Rate N1652
Please note that the rates you buy or sell forex may differ from what is captured in this article because prices vary.