Naira appreciates by 2.4% against dollar at official market

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The Naira on Tuesday appreciated at the official market, trading at N1,630.45 to the dollar. Data from the official trading platform of the FMDQ showed that this represents a 2.40 per cent gain when compared to the previous trading date on Monday, when it exchanged at N1,670.65 to a dollar. READ ALSO:Tinubu assures oil sector…

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First Bank on Tuesday announced it joined the Partnership for Carbon Accounting Financials (PCAF) to promote sustainable finance, combat climate change and advance sustainable socioeconomic development for the just transition. Mrs. Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications of the bank, disclosed this in a statement on Tuesday in Lagos. She said that the…

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The House of Representatives Public Accounts Committee on Tuesday queried the Permanent Secretary of the Ministry of Works, Dr. Yakubu Adam, over the abandoned Gidanwaya-Guaran Dutse-Waman Rafi-Saminaka-Kano road project, for which a full payment of N1.46 billion had been made. The Committee Chairman, Hon. Bamidele Salam, raised the concern when the Permanent Secretary appeared before…

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The Commandant, Nigerian Army College of Logistics and Management (NACOLM), Major General Wisdom Etuk, has said that West Africa defeating terrorism and all forms of extreme violence required concerted efforts, including capacity building for stakeholders. Etuk, who was the Special Guest of Honour at the inauguration of Countering Violent Extremism Course 5/24 held at the…

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Minister of Solid Minerals Development, Dele Alake, on Tuesday, made a case for enhanced trade relations between Nigeria and the United Arab Emirates (UAE) with an emphasis on solid minerals. The minister stated this while receiving the UAE Ambassador to Nigeria, Ambassador Salem Shaeed Al Shamsi, in his office in Abuja, Alake reflected on the…