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Naira appreciates at N493 to dollar in parallel market
The naira, on Thursday, appreciated by 1.8 percent to N493 to a dollar at the parallel market as the Central Bank of Nigeria (CBN) increased forex supplies to banks. The local currency, which opened at N502 per dollar, gained N17 to N485 during midday trading before closing at N493/$1, according to data on abokiFX.com, a website that collates parallel rates in Lagos. It also appreciated against the pound sterling to close at N710 and N600, gaining N3 and N6, respectively, on the street. At the importer and exporter (I&E) window, it appreciated 0.13 percent to close at N411.50 to the dollar. Last week, Godwin Emefiele, CBN governor, met with bank CEOs and agreed to increase the amount of foreign exchange allocated to banks to meet legitimate needs. Emefiele cautioned them to ensure that...
Nigerian government extends deadline for SIM-NIN update to January 19, February 9
The federal government has extended the deadline for the provision of National Identification Number, NIN, by telecommunication service subscribers to 19th January and 9th February, 2021 respectively. FG disclosed this in a statement titled: ‘Extension of Registration Period and Cancellation of USSD and Verification Fees’, signed by the Executive Vice-Chairman, Nigerian Communications Commission, Umar Danbatta; and Director-General, National Identity Management Commission, Aliyu Aziz. Part of the statement read: “The National Task Force on National Identification Number and SIM Registration met today, 21st December, 2020. “The meeting was chaired by the Honourable Minister of Communications and Digital Economy, Isa Ali Pantami with major stakeholders in the sector including Chairman – NCC,...
Nigerian seaports to commence 24-hour operation
Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, disclosed this on Tuesday in Lagos while briefing the media after the second edition of the monthly meeting of heads of maritime parastatals, held at the NIMASA headquarters. The post Nigerian seaports to commence 24-hour operation appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Pep Guardiola: Manchester City deserve an apology
Manchester City manager Pep Guardiola said his team deserved an apology, after their two-year UEFA ban from European football was overturned by the Court of Arbitration for Sport (CAS) — a verdict he called “a good day for football”. Guardiola said the club’s reputation had been damaged by the furore around allegations that they broke Financial Fair Play (FFP) rules and fired back at comments from rival managers Jose Mourinho and Juergen Klopp. Mourinho had described the CAS decision to fine City 10 million euros ($11.39 million) for non-cooperation with the investigation as “disgraceful”. “Maybe. The thing about the money, maybe. But Jose and all the managers should know that we were damaged. We should be apologised (to). Because, like I said many times, if we did something wrong, we will...
