Tag: May 29

Yesterday, the Naira strengthened to N1,580 per dollar in the parallel market, up from N1,595 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,570 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,570 per dollar from N1,608.73 per dollar on Wednesday, indicating N38.73 appreciation for the naira. The volume of dollars traded in the market grew by 47 percent to $142.32 million from $270.81 million traded on Wednesday. Consequently, the margin between the parallel market and NAFEM rate narrowed to N10 per dollar from N13.73 per dollar on Wednesday.

Naira Plunges Massively Against the Dollar after May 29

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The Naira has depreciated massively against the dollar at the foreign exchange market 24 hours after President Bola Tinubu’s first anniversary. According to the FMDQ data, the Nigerian currency plunged to N1,484.75 against the dollar on Thursday from N1329.65 on Wednesday. This represents a N155.1 loss against the dollar compared to N1329.65 traded on Wednesday. […]

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May 29: Tinubu, Shettima Move To Defense House (video)

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Nigeria’s president-elect, Bola Ahmed and Kashim Shettima, vice-president-elect, have moved into the Defence House in Abuja, the federal capital territory (FCT), ahead of their inauguration on May 29. The director media and publicity Tinubu/Shettima campaign organization, Bayo Onanuga on Wednesday, tweeted the development. A former Senator, 2-time Governor of Lagos State and chieftain of the […]

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May 29: Aisha Buhari Sends Message to Tinubu

May 29: Aisha Buhari Sends Message to Tinubu

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Nigeria’s First Lady, Aisha Buhari, has sent her wishes to the President-elect, Asiwaju Bola Ahmed Tinubu ahead of the May 29 inauguration. Her husband, President Muhammadu Buhari who has served 8 years in office, will leave the seat of power after swearing in of the new administration on May 29, 2023. Mrs Buhari, in a goodwill […]

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Buhari Lists His Major Achievements in 8 Years as President

‘What I Will Do If Anybody Disturbs Me After May 29’ – Buhari

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President Muhammadu Buhari has confirmed that he will return to his hometown in Daura, Katsina State after his tenure ends on May 29, 2023 He noted on Friday that if people start disturbing him, he will relocate to Niger Republic. Buhari said that he wants to retire away to a peaceful place away from the hustle […]

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