Naira has launched a sustained recovery at the parallel market, gaining N25 since it fell to its lowest of N575 to a dollar on September 20, 2021, Daily Trust has found.
A survey at the Bureau De Change (BDC) market in Wuse Zone 4, Abuja at the weekend showed that the Naira exchanged for N540/$1.
The Central Bank of Nigeria (CBN) on July 27, suspended foreign exchange (forex) sales to BDC operators and directed all those with a genuine need for forex to revert to banks. The naira lost value at a whooping N85 to the dollar in less than two months from N490/$1 to N575/$1 on September 20.
Former Governor of Benue State, Chief Samuel Ortom, has called off all planned celebrations for…
Benue State Governor, Hyacinth Alia, has appointed renowned music icon, Innocent "2Face" Idibia, as the…
Governor Hyacinth Alia has stressed the importance of taking a clear-eyed, strategic approach to security…
The National Agency for the Control of AIDS (NACA) has released its 2024 HIV spectrum…
Benue State Governor Hyacinth Alia and National Security Adviser (NSA) Nuhu Ribadu have offered contrasting…
At least 11 people have been confirmed dead following a fresh attack by suspected armed…
