Naira Appreciates Significantly At Black Market As CBN Targets $2bn Monthly From IMTO

LAGOS DECEMBER 6TH (NEWSRANGERS)-Forex turnover rose sharply by 173.3%, as the Naira’s exchange rate at the NAFEX window remained stable against the dollar to close at N395/$1 during intra-day trading on Thursday, December 3. Also, the Naira appreciated significantly against the dollar, closing at N470/$1 at the parallel market on Thursday, December 3, 2020, as the…

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Nigeria Pirates Demand $1.3m Ransom For The Release Of Abducted Foreign Sailors

LAGOS DECEMBER 6TH (NEWSRANGERS)-Nigerian pirates who hijacked a cargo ship and kidnapped the crew last week have demanded $1.3 million in exchange for their release, the Nationalreported. Ten crew members, including three Lebanese and two Egyptians, were on board the Milano 1 cargo ship last Thursday morning when it was hijacked. Two crew members were…

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Nigeria Policemen Protest Six-Month Unpaid Allowances, Block Road In Katsina

LAGOS DECEMBER 6TH (NEWSRANGERS)-Police officers at Batsari Local Government of Katsina State on Thursday protested against their unpaid allowances. According to Katsina Post, the police officers took to the streets and blocked a major road linking to Batsari market. According to the report, soldiers eventually arrived at the scene to remove the barricade, a move…

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