Naira Bounces Back Against Dollar At Interbank Market. See The New Rate..

The Naira on Wednesday appreciated against the dollar at the interbank market. The Nigerian currency gained 50k to close at N304.50 compared to N305 it traded on Tuesday. At the Bureau De Change (BDC) window, the Naira was sold at N400 CBN controlled rate, while the Pound Sterling and the Euro traded at N565 and N500, respectively.

Skeletal, but clandestine trading at the parallel market saw the Naira closed at N470 to a dollar, while the Pound Sterling and the Euro closed at N565 and N500, respectively.

Traders said that dollar scarcity persisted in the market as dealers seek more unconventional ways of meeting the needs of their customers.

The parallel market had been in the eyes of the storm as security agents were on the lookout for currency traders.

The apex bank gave a nod to the ongoing crackdown on currency traders at its Monetary Policy Committee (MPC) meeting on Tuesday.

Since the battle line had been drawn between the security agents and traders, dollar scarcity was expected to persist along the frontiers of the parallel market. (NAN)

Comments

Online Pastor Reveals Why Man Should Be On Top Of The Woman When Having Sex. Pics

A self acclaimed online pastor and media personality, Siboniso Trustees Matitsa, has been trending for days now after sharing his opinion on different sex styles. According to him, those who practice other styles other than the popular missionary style are going to hell and that men should always be on top when having sex because they are the head of the home. Read what he shared below; The Bible says, husbands must love their wives as Christ has loved the Church. Listen, if you doing those pornographic sex positions on your wife, you don't love her. You treating her like a mere sexual object. You are not having sex, but masturbating. Why are you copying the devil? Christ loves the Church so much that He died for her. Did Christ ever copy anything from the devil? Why are you copying demon inspired sex positions and doing them on your wife? There is one exceptable sex position, missionary style. Remember, the man is the head, and therefore he should lead in bed...

Wizkid Sends Warning Message To Davido; “Just leave me in my own little world”

The battle of supremacy between Wizkid and Davido seems to have no end in sight. Another episode of their never ending beef started after Davido dedicated a section of the lyrics in Olamide’s latest single, Summer Body to Wizkid . Davido made reference to his American citizenship as he threw shade at Wizkid. After the lyrics became public knowledge, the ‘Come Closer’ singer gave an epic response to the ‘Fall’ singer. Without waiting for a repsonse from Davido, Wizkid is back with another clear message to his singing colleague. He wrote, ‘Just leave me in my own little world and everything will be okay.’

Graphic: Burn victim admitted at ABUTH, Zaria needs help

Muktar Umar was severely burnt in a fire disaster and is currently admitted at the Ahmadu Bello University Teaching Hospital (ABUTH) Zaria, for surgery... Photo credit: Abdulmumin Suleiman

ELVIS BLOG

Search This Blog