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Naira Slips Further: Loses N2.60 To Dollar As Week Ends.
The Naira closed the week on a weaker note, recording a loss of N2.60 against the United States dollar at the official foreign exchange market. According to data from the Central Bank of Nigeria, the local currency settled at N1,450.42 on Friday, reflecting a gradual but steady downward trend.....KINDLY READ THE FULL STORY HERE▶
This latest rate indicates a 0.17 per cent depreciation from Thursday’s level of N1,447.82, which had already shown mild pressure on market stability. On Wednesday, the Naira traded at N1,447.64, marking a 0.1 per cent decline as demand for the dollar continued to exceed available supply.
Earlier in the week, the currency exchanged at N1,445.39 on Tuesday, a 0.2 per cent drop compared with Monday’s N1,448.43 per dollar. Analysts note that the week’s movements underscore persistent fragility in the official market, where small but steady fluctuations have become increasingly common in recent months.
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Tension In UK As Nigerians Push For INEC Chairman’s Removal Ahead Of 2027.
A group of Nigerians has staged a protest at the United Kingdom Parliament, calling for the removal of the Chairman of the Independent National Electoral Commission (INEC) ahead of the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶
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“My Nightclubs Are The Least Of What I Do” — Sir Uyi Fires Back At Critics.
Sir Uyi has responded strongly to critics of his involvement in nightclub businesses, insisting that such ventures represent only a small part of his wider activities.....KINDLY READ THE FULL STORY HERE▶
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Shock In Benue As Police Nab Seven Over Abduction Of JAMB Candidates.
The Benue State Police Command has confirmed the arrest of seven suspected militia herdsmen in connection with the abduction of passengers travelling in an 18-seater Benue Links bus along the Makurdi–Otukpo road last Wednesday.....KINDLY READ THE FULL STORY HERE▶
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