Naira Again Crash to N1,685 Per Dollar

The Naira yesterday depreciated to N1,685 per dollar in the parallel market from N1,660 per dollar on Monday. But the local currency appreciated to N1,561.76 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,561.76 per dollar from N1,635.15 per dollar…

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Your Money in Banks are Safe, CBN assures Nigerians

The Central Bank of Nigeria (CBN) has assured Nigerians not to panic as it has put in place policies to ensure that all monies deposited in financial institutions across the country are secured. A statement by the apex bank’s Ag. Director, Corporate Communications, Hakama Ali on Tuesday, reassured the public of its unwavering commitment to…

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Governor Alex Otti Under Fire Over Media Hype

Residents and business owners within and around Nkwo Ngwa market in Aba, Abia State, have lamented and berated the state Governor, Alex Otti, over their flooded bad road. The residents lamented their suffering in a video obtained on Monday which showed a road identified as Obohia road, flooded and making it difficult for people to…

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