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National Politics, Economy, General Politics, Headlines, Naira (Currency), Top Stories
Saturday, August 2nd, 2025
By Ogaga Ariemu The naira returned to appreciation against the dollar at the official foreign exchange market on Thursday. Central Bank of Nigeria exchange data showed that the Naira strengthened marginally to N 1,533.55 per dollar on Thursday, up from N 1,534.52 traded on Wednesday. This means that at the official market, the Nigerian currency, […]
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Economy, Headlines, Naira (Currency)
Sunday, July 6th, 2025
By Ogaga Ariemu The naira depreciated against the dollar across official and parallel foreign exchange markets to end the week on a negative note on Friday. The Central Bank of Nigeria’s data showed that the naira dropped against the dollar on Friday to N1,528.56 from N1,525.83 exchanged on Thursday. This showed that the naira fell […]
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Economy, Headlines, Naira (Currency)
Saturday, May 3rd, 2025
By Ogaga Ariemu The naira continued its appreciation against the dollar at the official foreign exchange market on Wednesday, marking its highest gain so far this week. Data from the Central Bank of Nigeria showed that the naira further firmed up to N1,596.68 per dollar on Wednesday from N1,599.70 traded on Tuesday. This reflects a […]
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Economy, General Politics, Latest Politics, National Politics, Top Stories
Friday, April 11th, 2025
The president of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has slammed the meagre empowerment schemes given to African youths as he calls for impactful capital investment to unlock the continent’s vast youth potential. Adesina stated this when he appeared on Channels Television’s Sunrise Daily on Thursday, April 10, describing youths in Africa as […]
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General Politics, Economy, Latest Politics, National Politics, Top Stories
Thursday, January 2nd, 2025
Hardship: Tinubu floats company to bring down food, drug prices By John Alechenu • To unveil National Values Charter • Says youth confab to begin Q1’25 • PDP charges Tinubu to address insecurity, food crisis ABUJA—-President Bola Tinubu said yesterday the Federal Government hopes to bring down the price of food and promote local manufacturing […]
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Economy, Headlines
Saturday, September 28th, 2024
Banks close 23.3 million customer accounts in July 2024 By Elizabeth Adegbesan • as dormant account falls 7% Commercial and Merchant banks closed 23.3 million customers bank accounts in July 2024. This represents a 0.56 month-on-month (MoM) increase when compared to 23.17 million bank accounts closed in June 2024. Analysis of data from Nigerian Interbank […]
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Economy, General Politics, Headlines, Naira (Currency), National Politics, Top Stories
Sunday, August 11th, 2024
Naira gains N42.88 against dollar weekly amid CBN auction system By Ogaga Ariemu The Naira gained N42.88 against the dollar at the foreign exchange on a week-on-week basis amid the Central Bank’s commencement of the Retail Dutch Auction System. This is according to FMDQ data in the last seven days. Last week Friday, August 2, […]
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Economy, Headlines, Naira (Currency)
Tuesday, April 16th, 2024
Naira strengthens to N1,000 against Dollar By Sikiru Obarayese The value of the naira gained strength midday on Monday, opening at N1,130 to the dollar but rising to N1,000 by noon at the parallel market. This surge comes as traders anticipate another round of dollar sales to Bureau de Change (BDC) operators this week. Last […]
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Economy, CBN (Central Bank of Nigeria), Headlines, Latest Politics
Friday, March 8th, 2024
By Babajide Komolafe, Economy Editor The Central Bank of Nigeria, CBN, has reported a 433 per cent upsurge in Diaspora remittances to $1.3 billion in February from $300 million in January. Disclosing this yesterday while speaking with newsmen in Abuja, the Acting Director of Corporate Communications, CBN, Mrs Hakama Sidi Ali, said, “The Bank’s data […]
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Nigeria Labour Congress (NLC), Economy, Headlines
Friday, March 8th, 2024
See how much some States are offering workers as new minimum wage Vs what NLC is demanding in regions of the country By Oladipo Abiola Some state governments have rejected the new minimum wage demands made by the Nigeria Labour Congress (NLC), describing it as unrealistic and unsustainable. Some of the states that have rejected […]
