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The naira extended its appreciation against the dollar on Wednesday at the official foreign exchange market for the third consecutive day. Data from the Central Bank of Nigeria (CBN) showed that the naira further strengthened against the dollar on Wednesday, closing at N1,357.26 compared to N1,361.05 traded on Tuesday. This means that it appreciated by N3.79 on a day-to-day basis against the dollar at the official foreign exchange market. DAILY POST reports that the naira has appreciated over the last three days, gaining N9.50 against the dollar. Meanwhile, at the black market, the Nigerian currency remained flat at N1,395 per dollar on Wednesday, the same…

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Governor Babagana Zulum of Borno has announced that the state government is working with security agencies and authorities in Chad to reopen the waterway linking Baga town to the neighbouring country. Governor Zulum made the disclosure on Saturday during a visit to Baga, where he held high-level security meetings with military commanders…Read More

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