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...

On Monday, a young graduate named Musa who had recently embraced farming after completing his mandatory one-year national service, lost his life in a violent clash over a land dispute. The conflict occurred at the Keana-Benue border area of Nasarawa State.The dispute, which erupted between Alago and Tiv farmers, not only claimed Musa's life but also left several others from both communities critically injured. Those who were injured are now receiving medical treatme...

The Port Harcourt Zonal Command of the Economic and Financial Crimes Commission (EFCC) has arraigned Blessing Webilor Nchelem and her daughter-in-law, Deborah Jack, before Justice P. I. Ajoku of the Federal High Court in Port Harcourt, Rivers State. The duo faces multiple charges related to fraud.The charges include criminal conspiracy, obtaining money under false pretenses, and retention of proceeds from unlawful activities, amounting to N6 million.One of the charg...