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Naira appreciates to N1,455 per dollar in parallel market

In the parallel market, the Naira increased from N1,465 to N1,455 per dollar yesterday. In a similar vein, the naira appreciated to N1,367 per dollar on the Nigerian Foreign Exchange Market, or NFEM. The indicative exchange rate for the naira dropped to N1,367 per d ....
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LASTMA officials conficates 27 vehicles over violations

27 cars have been seized by the Lagos State Traffic Management Authority (LASTMA) for alleged "severe violations" of safety regulations. The action, according to LASTMA, was taken in response to many warnings and was intended to stop the "pervasive and hazardous practice of vehicular ....
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Former pension reform boss Maina hospitalised after slumping in his office

Abdulrasheed Maina, a former chairman of the now-defunct Pension Reform Task Force, was rushed to an Abuja hospital after collapsing on Tuesday while attempting to enter his office. His media assistant, Emmanuel Ekwe, revealed the situation in a statement released on Wednesday. He sai ....
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Gombe college dismisses registrar, Liberian, two others over unethical behaviour

On Tuesday, the Federal College of Education (Technical) Gombe's Governing Council authorized the removal of four senior officers due to allegations of misconduct. Alhaji Umar Bello, the Registrar; Yusuf Aliyu, the College Librarian; Muhammad Malam, the Director of Works and Services; ....
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Fire destroys properties in Kano market

Parts of Singa Market, a well-known Kano market, were destroyed by an early-morning fire on Monday. Sections of the crowded market were damaged when the fire started early in the morning. Kano State Fire department spokesperson Saminu Yusif confirmed the event, stating that the ....
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Naira drops against dollar at official market

On Monday, the official foreign exchange market saw a decline in the value of the naira relative to the dollar, starting the day on a negative note. According to data from the Central Bank of Nigeria, it fell to N1,390.36 per dollar on Monday from N1,386.55 on Friday of last we ....
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