Naira Opens Week Steady Amid Market Watch

Naira Opens Week Steady Amid Market Watch

The Nigerian Naira began the final week of April with muted optimism, trading at 1,352.25 per US Dollar in the official market. This marginal gain signals a brief reprieve from last week’s volatility, where rates swung between 1,350 and 1,356. Institutional investors remain cautious, balancing macroeconomic signals against persistent liquidity constraints. The Central Bank continues…

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Fake News Escalated #EndSARS Crisis, Says Lai Mohammed

  The 2020 #EndSARS protests, which began as a decentralized call for the disbandment of the Special Anti-Robbery Squad (SARS), encountered its most significant hurdle not in a communication gap, but in the rapid proliferation of disinformation. Former Minister of Information and Culture, Alhaji Lai Mohammed, provided this retrospective analysis during a forum at the…

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NRS Labels Viral Vehicle Tax Infographic as False

  Digital misinformation targeting the pockets of Nigerian motorists has met a firm rebuttal from the Nigeria Revenue Service (NRS), following the circulation of a viral infographic claiming a new vehicle tax regime would take effect from July 1. The graphic, which has been widely shared across messaging and social media platforms, suggests that owners…

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