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The naira depreciated further on Thursday, April 25, against the United States dollar.
At the official market, the Naira depreciated to N1,309/$ and N1,420 at the parallel market.
The new rate which indicates a depreciation of N90 or 6.8 per cent from N1,330 quoted by currency traders on Wednesday, April 24.
Bureau de change operators blame the depreciation on an increase in the demand for the dollars.
Nigeria Civil Aviation Authority (NCAA) has dismissed recent claims by Senator Orji Uzor Kalu alleging lapses in pilot preparation, substance abuse among flight crews,...
OpenAI Chief Executive Officer, Sam Altman, has announced a major policy shift for the company’s flagship chatbot, ChatGPT, revealing plans to relax content restrictions...
Sultan of Sokoto, Alhaji Sa’ad Abubakar III, has called for the regulation of social media in Nigeria, warning that its unrestrained use poses a...
The Senate has confirmed Professor Joash Amupitan as the new Chairman of the Independent National Electoral Commission (INEC) following a voice vote by lawmakers...
