•Naira and Dollar For the umpteenth time, Nigerian currency Naira yesterday depreciated at the official market, trading at N1,300.15 to the Dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the Naira lost N65.66, reports Nigerian...
•Naira and Dollar The naira depreciated in its value against the United States dollar to N1,234 at the official foreign exchange market yesterday, according to data obtained from the FMDQ securities exchange. The exchange rate means the naira fell by N65 or 5.26 per cent from N1,169.99/$1 recorded on Friday, reports The PUNCH. The local [&hell...
The naira depreciated to N1,534 per US dollar in the official foreign exchange market yesterday, February 12, 2024 from N1, 469.97/US$ on Friday and N1,479.47/US$ on Thursday last week. Data from FMDQ showed that the indicative exchange rate for the Nigerian Foreign Exchange Market (NAFEM) fell below that of the unofficial market, reports Nige...
•Forex The naira fell to an all-time low of N1348.63/$ on the Nigerian Autonomous Foreign Exchange Market yesterday. This signifies a 51.21 per cent fall from the N891.90/$ the national currency closed last Friday at the official market, according to data from the FMDQ Securities Exchange, reports The PUNCH. Yesterday’s official rate is the wo...
The naira yesterday depreciated to N1,240 per dollar in the parallel market from N1,235 per dollar on Wednesday. However, the naira appreciated to N895.23 per dollar in the Nigerian Foreign Exchange Market (NAFEM), thus widening the gap between the official and parallel market exchange rates to N344.77 per dollar yesterday from N199.88 per dol...
An officer of the Nigeria Security and Civil Defence Corps has died as a result of the bombing of three power transmission towers by terrorists along Maiduguri-Damaturu, the Transmission Company of Nigeria announced yesterday. The General Manager of Public Affairs, TCN, Ndidi Mbah, disclosed this in a statement issued in Abuja, adding that the...
•Taiwo Dosunmu The assistant kit manager of the Sunshine Stars, Taiwo Dosunmu, who was shot during gunmen’s attack on the team on December 7, is dead. The club confirmed that Dosunmu died on Friday, December 22 at the University of Benin Teaching Hospital where he was receiving treatment, reports Saturday PUNCH. “With lot of pains […]...
•Ooni and Emefiele The Ooni of Ife, Oba Adeyeye Ogunwusi, has denied news in circulation that he was at Kuje prison to visit embattled former Central Bank Governor, Godwin Emefiele. Speaking with our correspondent on behalf of the monarch today, his spokesperson, Moses Olafare, said Oba Ogunwusi was at the correctional facility at the instance...
•Bag of Naira notes The Independent Corrupt Practices Commission (ICPC) has apprehended an official of the Independent National Electoral Commission (INEC) during the Imo State governorship election, in possession of a substantial amount of money. The INEC staff, whose name was not disclosed, was apprehended at Polling Unit 005, Township Prima...
•Bandits The Independent National Electoral Commission (INEC) Supervising Presiding Officer (SPO) assigned to registration area 06 in Ossioma, Sagbama Local Government Area of Bayelsa State, has been abducted. The INEC official, whose identity was not known as at the time of filling this report was abducted at Amassoma Community in Southern Ij...