The Dollar to Naira exchange rate on Tuesday 31st August 2021, opened at N526.00 per $1 at the parallel market as against N527 per dollar on Monday, representing a 26.1 per cent loss barely a month after the Central Bank of Nigeria (CBN) stopped dollar allocation to 5,300 licensed Bureaux De Change (BDCs) operators.
Vice President Yemi Osinbajo while detailing some of the ongoing and completed Federal Government projects in the Southeast affirms that the Buhari administration considers the zone a strategic industrial, trade hub, and a major player in Nigeria’s economic growth.
Stakeholders have called on government at all levels to deepen their commitment to building resilience in the Micro, Small and Medium Enterprises as the subsector was critical to the economic recovery of the country.
A new report by the Institute of Development Studies, a UK-based think tank, has placed Nigeria as the second poorest country in the world in terms of food affordability.
The Kano, Jigawa Command of the Nigeria Customs Service has handed over one Sabo Suleiman to the Economic and Financial Crimes Commission (EFCC) for further investigation.