The naira rose to 380 per United States dollar on the parallel market on Thursday, up from 390 it closed on Wednesday.This came hours before the Central Bank of Nigeria sold $20,000 each to Bureau De Change operators. The CBN had sold $20,000 to each of the BDCs earlier this week to boost liquidity. The central bank sold its usual $1.5m on the spot market on Thursday at 305.50 per dollar, according to Thomson Reuters data.According to analysts, the C...

Just a week after the Nigeria Customs Service unlocked the Illela land border connecting Nigeria and Niger Republic, the government of Niger Republic followed suit by opening its border in Konni for operations last Friday.According to Nuhu Samaila, a source from Konni, Niger Republic, who briefed reporters, the border officially reopened at noon on Friday. Samaila praised the decision of the country's leadership, the military junta, for heeding the people's calls an...

In a tragic turn of events, the Akwa Ibom State Police Command has apprehended Okon Edet for the brutal killing of his 75-year-old father, Chief Okon Edet, using a machete. The shocking incident unfolded in Uruting village, located in Okobo Local Government Area of the state.This distressing event comes amidst a broader crackdown on criminal activities in the region. Okon Edet was one of the 52 suspects arrested for various offenses, including murder, kidnapping, ar...