Exchange rate gains at the black market as FX Turnover rises over 1000%.
In contrast, the exchange rate at the parallel market gained on Wednesday as it closed at N477/$1.
World Bank hopes to cut down debts of poor countries rather than delay payments
The World Bank sees an opportunity to extend relief under the Debt Service Suspension Initiative
WHO reveals transmission pattern, slow growth rate of COVID-19 cases in Africa
WHO said curbing the virus in Africa will require more integrated efforts at the community levels.
WHO is concerned that vaccine hoarding could prolong pandemic
The wealthier countries are focused on securing these vaccines for their citizens.
Exchange rate crashes to new low at the black market as dollar scarcity hits the banks
The Naira depreciated against the dollar at the Investors and Exporters window on Monday.
News Agency of Nigeria announces death of its Board Chairman
Wada Maida was one of the pioneer editors of the agency.
Banks reduce dollar spending limit on naira debit cards to $100
Some banks have reduced their monthly spending limits to as low as $100.
Lagos to remove illegal structures obstructing Lekki Regional Road project
The removal became necessary to allow for the smooth execution of the Lekki Regional road project.
FG expected to spend a record N12.65 trillion for 2021 budget
This new expenditure plan represents a 17.2% increase from the N10.8 trillion revised 2020 budget.
Why the $1.5 billion World Bank loan to Nigeria is being delayed
Nigeria's failure to meet World Bank conditions means the loans might not be disbursed till end of the year.
