Wednesday, November 2, 2016
Naira Extend Gains Against Dollar Across FX Markets
The Nigerian Naira extended its gains against the US dollar across the foreign exchange market
on Tuesday.
The local currency improved N4.06 at the interbank market to close at N304.75, from N308.81 it traded on Monday.
Accordingly, the Naira gained N3 at the parallel market to close at N465, from N468 it closes on Monday.
While, at the Bureau De Change segment, the Naira was exchanged at N385 to a US dollar — in line with CBN directive.
Forex traders have attributed the improvement to
on Tuesday.
The local currency improved N4.06 at the interbank market to close at N304.75, from N308.81 it traded on Monday.
Accordingly, the Naira gained N3 at the parallel market to close at N465, from N468 it closes on Monday.
While, at the Bureau De Change segment, the Naira was exchanged at N385 to a US dollar — in line with CBN directive.
Forex traders have attributed the improvement to
Portharcourt And Warri Deep Sea Port MOU Signed., Amaechi To Senate
Minister of transportation, Rotimi Amaechi, said Warri-Ajaokuta-Obaro-Abuja central rail project was expected to attract a minimum of $30 billion investment into the country.
Amaechi said this while briefing the Joint Senate and House of Representatives’ Committee on Land Transport on Monday in Abuja, saying the
Police To Enforce ‘change Begins With Me’ Initiative
he Nigeria Police Force says it is set to work with the Ministry of Information to enforce the ‘Change Begins With Me’ initiative of the Federal Government.
At a meeting with the Minister of Information in Abuja, the Inspector General of Police, Mr Ibrahim Idris, said the
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