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NEWS

Hunger protest loses steam as DSS grills seven foreigners

The hunger protests, which rocked the country, especially the northern part, from last Thursday, appears to have lost steam following the police crackdown on the organisers and protesters, many of whom had been detained. Some of the #EndBadGovernance protest leaders have also gone underground and switched off their phones as the Department of State Services took custody of seven Polish nationals arrested for waving Russian flags during the demonstration in […]

todayAugust 8, 2024 11

BUSINESS

Manufacturers may sack workers as naira loses 39%

The naira has depreciated by 38.9 percent against the United States dollar at the official I&E window of the Central Bank of Nigeria in the past three months. Data obtained from the FMDQ Securities Exchange revealed that the local currency fell from N745.19/$ on October 3, 2023, to N1035.12/$ as of January 3, 2024. While the naira depreciated from 471/dollar to about 700/dollar at the official market shortly after the […]

todayJanuary 8, 2024 40

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