May 2024

Naira trades to dollar at 1,515/$ in parallel market

Naira trades to dollar at 1,515/$ in parallel marketThe naira on Monday extended depreciation against the dollar falling to 1,515 on the parallel market, popularly called black market. This represents 2.97 percent (N45/$1) depreciation against the US dollar when compared…

Tinubu orders MDAs to procure CNG-powered vehicles

To give a boost to the alternative energy source amidst Nigeria’s energy transition, President Bola Tinubu has directed the mandatory procurement of compressed-natural-gas-powered vehicles by all government ministries, departments, and agencies. This was disclosed in a press statement made available…

Tinubu flags-off campaign to promote inclusive education

President Bola Tinubu on Monday launched a campaign to promote inclusive education, skill development, and gender equity. The campaign tagged, #WeAreEqual, is an initiative of the Organisation of African First Ladies for Development (OAFLAD). The campaign has been launched in…