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Market 07 Oct 2025 Aisha Akinbani 0 Comments 0 Love

Naira drops against dollar across official, black market

To start the week on a bad note, the Naira lost value in relation to the US dollar on both the official and black markets.  The Naira fell to N1,470.26 on Monday from N1,465.68 on Friday, according to data from the Central Bank of Nigeria.  This indicates that Monday' ....
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Nigeria News 06 Oct 2025 Aisha Akinbani 0 Comments 0 Love

Imo government bans mining in Owerri

All types of mining and dredging operations within the Owerri Capital Territory are immediately and completely prohibited, according to the Imo State Government.  The state authorities pointed to extensive environmental damage brought on by unregulated sand mining. &n ....
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Nigeria News 06 Oct 2025 Aisha Akinbani 0 Comments 0 Love

NNPCL hikes fuel price

The price of premium motor spirit has been raised by the Nigerian National Petroleum Company Limited.  According to the DAILY POST, NNPCL retail locations in Wuse Zones 6 and 4 have raised the price of gasoline at the pump from N890 to N905 per liter.  This indicates that th ....
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Nigeria News 06 Oct 2025 Aisha Akinbani 0 Comments 0 Love

Gunmen attack Lagos community, kill four

In the Ojo neighborhood of Lagos State, gunmen targeted a busy snooker location close to a military base, killing four people and injuring a 14-year-old kid with a stray bullet.  According to PUNCH Metro, the snooker site is located at the Onireke bus stop, where the incid ....
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Nigeria News 04 Oct 2025 Aisha Akinbani 0 Comments 0 Love

Army detains 16 officers for alleged misconduct

16 officers were reportedly detained by the Nigerian Armed Forces on Saturday for alleged insubordination and violations of service rules.  According to the military, investigations revealed that the officers' complaints were related to perceived career stagnation and repe ....
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Market 04 Oct 2025 Aisha Akinbani 0 Comments 0 Love

Naira drops against dollar at foreign exchange market

The week ended negatively for the naira due to a notable depreciation against the naira at the official foreign exchange market.  According to figures from the Central Bank of Nigeria, the value of the Naira fell from N1,455.25 on Thursday to N1,465.68 on Friday.  Thi ....
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