Recent Posts

Naira continues to slump at official, parallel market windows

The naira, Thursday, November 23, 2023, continued its slump against the dollar at both the official and parallel market windows. The domestic currency depreciated 12.11% to close at N956.33 to a dollar at the close of business on Thursday, at the Nigerian Autonomous Foreign Exchange Market (NAFEM) window where forex is officially traded.   This represents an N115.8 loss or a …

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Primate Ayodele Plot suggestions to remove Sanwo-Oell from the office

Sanwo-Elian governor The leader of the evangelical spiritual church ini, Primates Elia Ayodle, warned the governor of the state of Lagos, Babajide Sanwo -olu, who are plans to remove it from the office. He warned that if he wanted to finish his mandate, he would need to retrace his steps. This is coming in the wake of a crack between …

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