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  • June 24, 2023

Naira Ends week on Negative Note, Falls By 0.66%

Hamilton Nwosa
Writer
Naira Depreciates As External Reserves Drops To $36.116 Billion

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Details as FG, States LGs Share N2.103trn in September

By Abiola Olawale The Federation Account Allocation Committee (FAAC) has disbursed a total of N2.103 trillion as federation revenue for September 2025, shared among the Federal Government (FG), 36 states, and 774 Local Government Councils (LGCs). The allocation was made at the Federation Account Allocation Committee (FAAC) meeting chaired by the Accountant-General of the Federation,…

October 19, 2025 • News

Why I Don’t Want Nigeria to Qualify for 2026 World Cup– South Africa’s Minister Reveals

By Abiola Olawale South Africa's Minister of Sport, Arts and Culture, Gayton McKenzie, has unleashed a scathing attack on Nigeria's Super Eagles, declaring outright that he hopes they crash out of contention for the 2026 FIFA World Cup. McKenzie spoke during an interview with Radio 947 in Johannesburg, where he accused Nigeria of allegedly attempting…

October 19, 2025 • Sports

From Harvard to Stanford: The Tuition Costs of the Top 10 Colleges

Key Takeaways Tuition alone at elite schools ranges from $59K to $71K, compared to $43K at the average private college. The University of Chicago tops the list. The cost of attending America’s most prestigious universities continues to soar. For the 2024–25 academic year, the total annual cost of the top 10 national universities now ranges…

October 19, 2025 • Opinion

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By Agency Report 

The Naira on Friday closed on a negative note as it exchanged for N770.17 against the dollar at the investors’ and exporters’ window.

The naira depreciated by 0.66 per cent compared with N765.13, which it exchanged for the dollar on Thursday.

The open indicative rate closed at N759.13 to the dollar on Friday.

An exchange rate of N801 to the dollar was the highest rate recorded within the day’s trading before it settled at N770.17.

The naira sold for as low as 461.10 to the dollar within the day’s trading.

On Friday, 125.47 million dollars were traded at the official investors’ and exporters’ window. (NAN)

 

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