Naira’s value appreciates, gains N11.93 at official market
The naira on Monday opened the week with a gain at the official market, trading at N1,354.25 per dollar.
According to data released on the Central Bank of Nigeria’s official website, the naira gained N11.93.
This represents a 0.8 per cent gain compared to Friday, when it traded at N1,366.19 per dollar.
The naira has remained relatively stable due to CBN reforms.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Economy
Stock market reverses gain, loses N469 billion
Nigeria’s equities market lost N469 billion at the close of trading on Tuesday amid profit-taking.
Heading 1
I enjoyed myself in Europe; I’m back, healthy, fit for work: Tinubu
“I am back. Ready to kick. Ready to work,” Mr Tinubu said.
Heading 2
Tennessee to execute woman for first time in 200 years over killing of classmate
Ms Pike was convicted of first-degree murder in 1996 and was sentenced to death, becoming the youngest woman ever to be placed on death row.
Africa
Ugandan broadcaster crowned king of Tooro kingdom
A 21-member committee from the royal Babiito clan selected Mr Kijanangoma, who is Oyo Nyimba’s cousin.
States
Jigawa govt approves N1.4 billion to upgrade community radio stations
Commissioner for Information, Youths, Sports and Culture Sagir Musa said the projects would expand broadcasting coverage and improve transmission quality.
NationWide
Tinubu transmits bill seeking to establish national research council
He explained that the bill seeks to bring fragmented research and development funds across MDAs under a central National Research Development Fund.
