News
Trump offers to Help as Harris’ Campaign allegedly struggles with $20m debt, unable to pay staff, vendors
By Kayode Sanni-Arewa
In a surprising twist following the 2024 U.S. Presidential election, Vice President Kamala Harris’ campaign is facing severe financial difficulties.
This is even as the winner of the election, Donald Trump says that they’ll do whatever they can to help them during this difficult period “for the sake of desperately needed UNITY…”
According to Politico’s California bureau chief, Christopher Cadelago, Harris’ campaign is concluding the election with a debt of at least $20 million.
Cadelago shared this information on X (formerly Twitter), noting that the campaign had raised over $1 billion and reportedly had $118 million in the bank as recently as October 16, as reported by Newsweek.
Reacting to this development, Trump who said he was surprised that democrats “who fought a hard and valiant fight in the 2020 Presidential Election, raising a record amount of money, didn’t have lots of $’s left over. Now they are being squeezed by vendors and others.”
Continuing in a post made on his X account the President-elect added that; “Whatever we can do to help them during this difficult period, I would strongly recommend we, as a Party and for the sake of desperately needed UNITY, do.
News
Naira slumps in parallel market
The Naira experienced a slight depreciation yesterday, slipping to N1,740 per dollar in the parallel market compared to its previous rate of N1,735 per dollar on Tuesday.
According to data from FMDQ, the indicative exchange rate for the Nigerian Autonomous Foreign Exchange Market (NAFEM) strengthened, rising to N1,645.4 per dollar from Tuesday’s rate of N1,689.88 per dollar. This marks an appreciation of N44.48 for the Naira.
The market also saw a significant increase in dollar trading activity, with turnover climbing by 122.5 percent to reach $236.84 million, up from $106.44 million the previous day.
As a result, the gap between the parallel market and the NAFEM exchange rate widened, now standing at N94.6 per dollar, up from N45.12 per dollar recorded on Tuesday.
News
Sad! Body of COAS, Lt General Taoreed Lagbaja, ready to be airlifted to Abuja(Photos)
Body of the Chief of Army Staff, Lt General Taoreed Lagbaja, ready to be airlifted to Abuja.
SEE PHOTOS BELOW:
News
Confusion as Chinese Tears Naira Notes in Protest During Lagos Govt Raid(Photos)
A Chinese National Tears Naira Notes
Moment a Chinese man pulled out some Naira notes and tore them in front of Lagos government officials who were sealing his premises for violating certain laws opposite Eko Kate along the Lekki-Epe Expressway on Wednesday.
-
News23 hours ago
APC Youth Disown Group Over Protest Against Matawale
-
News22 hours ago
Nigerian born billionaire Ogunlesi proposes to fiancée with $500K diamond ring
-
News23 hours ago
Publisher Of Veracity Desk, Ajibulu Felicitates Pastor Oluwaleke Toba, Host Of Hallelujah Everyday Podcast
-
News7 hours ago
Trump picks ex-Democrat Tulsi Gabbard as US Intel Chief
-
News20 hours ago
SAD! 39 years old actor, found dead in his room, left a letter
-
News6 hours ago
Umahi Frowns At Slow Pace Of Suleja-Minna Road Construction
-
News7 hours ago
NNPC Carries Out Leadership Shakeup, Appoints Adedapo Segun As New CFO
-
News7 hours ago
JUST IN: Govt Declares Friday As Public Holiday