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Nigeria’s currency, the naira, strengthened again against the US dollar at the official window on Monday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,366.79/$1, compared with N1,373.25/$1 on Wednesday. This represents a gain of N6.46 for the local currency against the American dollar. On the black market, Nigeria’s currency, the naira, closed …

Post views: 45 By Silvernews Sir Stanley Sunny Nganya has emerged as the new president of Standard Tennis Club (STDC) Owerri after defeating Sir Ugochukwu Nwaogwugwu in the club’s presidential election held at the club’s headquarters in Owerri on Sunday. Nganya secured 63 votes to overtake Nwaogwugwu, who garnered 27 votes in an election that attracted considerable interest from …

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Investors in the Nigerian equity market lost N1.8 trillion at the close of trading on Monday to start June in bearish mode. This follows the fall in share prices, including Bua Cement, Trans Express and John Holt on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 247,560.66 points from 250,385.47 points on the previous trading day. After …

DSS DG Oluwatosin Adeola Ajayi A coalition of Christians in northern Nigeria has praised the Department of State Services, DSS, for arresting five suspects linked to the November 2025 abduction of students and staff of St. Mary’s Catholic School, Papiri, Niger State. The Northern Christian Association, NCA, said the arrests demonstrate that intense intelligence and security coordination can dismantle terrorism …