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Naira drops to N1,585 per dollar in parallel market

In the parallel market, the value of the naira dropped from N1,570 to N1,585 per dollar on Monday to N1,585 yesterday.  However, on the Nigerian Foreign Exchange Market (NFEM), the value of the Naira increased to N1,527 per dollar.  According to data released by the Cent ....
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NANS to stage nationwide protest Wednesday

In response to the ongoing closure of public primary schools in the Federal Capital Territory (FCT), the National Association of Nigerian Students (NANS) has declared that it will hold a large-scale demonstration on Wednesday, July 2.  NANS voiced grave dissatisfaction with the closures ....
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EFCC nabs 74 suspected internet scammers in Abuja hotel raid

74 suspected online scammers have been taken into custody by Economic and Financial Crimes Commission agents in Abuja, the Federal Capital Territory.  After reliable intelligence connected the suspects to crimes involving the internet, they were captured on Monday at the J ....
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Naira rises against dollar at official market

To start the week on a positive note, the naira saw a considerable increase in value relative to the dollar on the official foreign currency market.  The naira saw a notable shift from N1, 539.24 per dollar on Friday of last week to N1, 529.71 per dollar on Monday, according to e ....
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Gospel singer popularly known as 'New Jerusalem' is dead

Israel Terhemba Ikyereve, a well-known gospel singer who went by the stage name New Jerusalem, passed away.  He was 53 years old when he died.  His passing has caused a great deal of grief throughout Benue State, especially among Christians, who held him in high regard for c ....
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Federal government declares emergency on Suleja-Minna road construction

FG Terminates Contract and Declares Emergency on Suleja-Minna Road.  The current contract for the dualization of the Suleja-Minna road was terminated for non-performance over the weekend by Works Minister David Umahi, who also declared an emergency.  According to Umahi, Presiden ....
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