Home Topics Currency Market
Naira weakened to 364 per dollar at the weekend from N363.50 the previous day as falling oil prices tightened liquidity on the currency market, traders said.
The Nigerian central bank has been intervening in the currency market over the past two weeks to keep the naira stable as foreign investors took profits after yields fell on the local debt market, a trader told Reuters.
A former Attorney-General of the Federation and Minister of Justice, Richard Akinjide, who died on April 22, was buried on Thursday in Ibadan, his family said.
Apple has removed Epic Games’ battle royale Fortnite from the App Store after the developer on Thursday implemented its own in-app payment system that bypassed Apple’s standard 30 percent fee.
The National Bureau of Statistics (NBS) in collaboration with International Organisation for Migration is conducting a pilot survey on the above named subject matter in Edo, Delta, Lagos and Imo states.
The Christian Association of Nigeria (CAN) has declared August 23 a day of collective intercessory prayer for Nigeria over insecurity situation in the country.
The Chief of Staff to the President, Prof Ibrahim Gambari, on Thursday, received some traditional rulers from Anambra State at the Presidential Villa, Abuja.
Nigeria is expecting to take delivery of military weapons and aircraft from Jordan, China and the United States to reinvigorate its anti-terror war, President Muhammadu Buhari said yesterday. The meeting also agreed that poverty and youth unemployment are at the root of the nationwide security challenges, and needed to be addressed with greater vigour by all tiers of government.
The former president, Goodluck Jonathan, has warned politicians against politics of bitterness and violence and charged them to forge a common agenda that would promote peace and sustainable development in the nation.
The Presidency has reacted to the People’s Democratic Party (PDP) description of the endorsement of the candidate of the All Progressives Congress (APC) for Edo gubernatorial election, Osagie Ize-Iyamu, by President Muhammadu Buhari as an act that encourages corruption.
The Independent National Electoral Commission (INEC) has fixed 12 state and national assembly bye-elections for October 31.
Crystal Palace are on the verge of missing out on Queens Park Ranger midfielder Eberechi Eze after failing to increase their offer for the player.