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Naira depreciates to N1,575/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,575 per dollar in the parallel market from N1,565 per dollar on Tuesday. However, the Naira depreciated to N1,586.71 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,586.71 per dollar from N1,548.76 […]

Hardship: We’ll handle planned protests as family matter — FG

In the wake of growing hardship in the country and calls for a nationwide protest against President Bola Tinubu’s administration, the Federal Government yesterday pleaded with Nigerians for more time, promising to handle the protest as a ‘’family matter.”

FG reduces allowances of foreign scholars

Nigerian students studying abroad under the federal government’s Bilateral Education Agreement, BEA Scholarship, may encounter rough time in meeting their financial obligations in their schools following  reduction of their allowances by the government.

Dangote/NNPCL feud worrisome — Obi, Adesina, OTEDOLA

The presidential candidate of Labour Party in the 2023 election, Peter Obi and President of African Development Bank, AfDB, Adewunmi Adesina, yesterday expressed concern over the feud between the Dangote Group and federal regulators over the Dangote Refinery.

Naira down to N1,565/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,565 per dollar in the parallel market from N1,585 per dollar last Friday. However, the Naira depreciated to N1,548.76 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,548.76 per dollar from N1,500.32 […]

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