Jumoke Salako

Naira Slumps as Corporate Dollar Demand Surges

Naira Slumps as Corporate Dollar Demand Surges

The Naira weakened by 2.48 percent in early Tuesday trading as corporate demand for the US Dollar intensified. Opening rates at the Nigerian Foreign Exchange Market averaged ₦1,388.38, a sharp drop from the previous week’s close of ₦1,353.90. This sudden volatility tested the Central Bank of Nigeria’s new electronic matching system. Intraday rates even touched…

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D’Tigress Defend Eighth Spot FIBA Qualifiers

D’Tigress Defend Eighth Spot FIBA Qualifiers

Nigeria’s senior women’s basketball team, D’Tigress, has retained its eighth-place position in the FIBA World Rankings following the conclusion of the 2026 World Cup Qualifiers. The African champions produced a mixed bag of results in Group A, securing two wins against Colombia and the Philippines while falling to South Korea, France, and Germany. Despite finishing…

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