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Once Tinubu Wins In 2023, This Is What I Will Do -- Wife

Once Tinubu Wins In 2023, This Is What I Will Do...

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How We Conquered Hackers From Asia – INEC

How We Conquered Hackers From Asia – INEC

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Peter Obi Blows Hot, Promise To Stop Campaign For President If Anyone Can Prove He Misappropriated The 1 Trillion Naira He Received As Governor

Peter Obi Blows Hot, Promise To Stop Campaign For President If...

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The Federal Government expects the naira to weaken further over time even after the local currency showed signs of recovering from a record low on Thursday, Bloomberg reported the Minister of Finance, Budget and National Planning, Zainab Ahmed, as saying yesterday. According to the news agency, the minister said in an interview in Egypt that “it (naira depreciation) will happen with time,” without giving any time line. Ahmed also reportedly ruled out Nigeria taking on an International Monetary Fund (IMF) programme to address the country’s fiscal challenges, which include plummeting revenues and rising debt service costs. The naira gained 0.0367 per cent to N435.84 per dollar on the spot market as of 5:30 p.m. in Lagos on Thursday, after recovering from a record low of N436/$1 to the greenback on Wednesday. However, on the parallel market yesterday, the local currency dropped to N708 per dollar from N707/$1 on Wednesday. Nigeria maintains multiple exchange rates dominated by a tightly controlled official rate and the unauthorized parallel rate at which many Nigerians get dollars, which is roughly 60 per cent weaker. The World Bank and IMF have urged Nigeria to unify its rates.

Naira Likely To Weaken Further — Finance Minister, Zainab Ahmed

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Peter Obi Celebrates His Wife, Margaret, On Her Birthday

Peter Obi Celebrates His Wife, Margaret, On Her Birthday

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The Mistakes Of Those Before Us Can Never Befall Us – Nwodo

2023: The Mistakes Of Those Before Us Can Never Befall Us...

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Oyo State Governor, Seyi Mkainde, Dissolves cabinet

Governor Makinde In Solidarity With Wike Rejects Chairmanship Of PDP...

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Charles III Officially Proclaimed King

King Charles III Officially Proclaimed King

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Queen Elizabeth II clocks 95, days after husband’s funeral

Asorock, Not UNN Should Be Renamed After Queen Elizabeth –Ohanaeze Ndigbo...

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Politicians Can Win Elections Without Exaggerating Nigeria’s Problems

Politicians Can Win Elections Without Exaggerating Nigeria’s Problems –Works Minister, Fashola

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