Thursday, December 12, 2024
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    Latest Posts

    Edo: APC, PDP begin legal battle at tribunal today

    The All Progressives Congress and the Peoples Democratic Party say they are ready for legal battle as the Edo State Governorship Election Petition Tribunal...

    Marketers begin direct loading from Dangote refinery

    The Independent Petroleum Marketers Association of Nigeria has begun lifting Premium Motor Spirit (petrol) from the Dangote Petroleum Refinery, The PUNCH can report. This follows...

    FG disowns fake ambassadorial nominees list

    The Ministry of Foreign Affairs has urged the public to disregard a fake list of ambassadorial nominees circulating on social media. In a press release...

    Ondo poll: INEC blames bank as ad hoc staff demand payment

    Ad hoc staff recruited by the Independent National Electoral Commission for the November 16 governorship election in Ondo State have accused the commission of...

    Naira crashes to record low at official market

    The value of the naira fell further by 1.68 per cent against the dollar at the official market on Thursday.

    At the Investor & Exporter foreign exchange window, the local currency opened at 413.15/$1 on Thursday but closed at 422.07/$1.

    The naira had depreciated by 0.19 per cent to 415.10/$1 on Wednesday after closing at 414.30/$1 on Tuesday.

    At the parallel market, the dollar was bought at N565 and sold for N570, according to some operators in the black market.

    The Central Bank of Nigeria, however, maintained N410.91/$1 as its official rate on its website.

    In July, the CBN stopped forex sales to the Bureau de Change operators and assured that it would supply forex to legitimate users through the banks.

    Copyright PUNCH.

    Latest Posts

    Edo: APC, PDP begin legal battle at tribunal today

    The All Progressives Congress and the Peoples Democratic Party say they are ready for legal battle as the Edo State Governorship Election Petition Tribunal...

    Marketers begin direct loading from Dangote refinery

    The Independent Petroleum Marketers Association of Nigeria has begun lifting Premium Motor Spirit (petrol) from the Dangote Petroleum Refinery, The PUNCH can report. This follows...

    FG disowns fake ambassadorial nominees list

    The Ministry of Foreign Affairs has urged the public to disregard a fake list of ambassadorial nominees circulating on social media. In a press release...

    Ondo poll: INEC blames bank as ad hoc staff demand payment

    Ad hoc staff recruited by the Independent National Electoral Commission for the November 16 governorship election in Ondo State have accused the commission of...

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