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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.
Minority Caucus of the House of Representatives has accused the Federal Government of neglecting governance, worsening insecurity and taking actions capable of weakening opposition...
Nigeria Democratic Congress (NDC) has clarified that its presidential candidate, Peter Obi, and running mate, Rabiu Kwankwaso, will not be required to sign the...
Nigeria Police Force National Cybercrime Centre (NPF-NCCC) says it has uncovered a major telecommunications fraud syndicate accused of compromising a telecom operator’s billing infrastructure...
A court in London has acquitted former Nigerian Minister of Petroleum Resources, Diezani Alison-Madueke, of all bribery charges brought against her in a high-profile...
