Naira Continues to Weaken against Dollar, Official Window N1,520.40/$1, Parallel Market N1,535/$1 NACCIMA decries depreciation, expresses concern over impact on imports
Nume Ekeghe and Dike Onwuamaeze
The Naira yesterday continued to decline at both the official window and the parallel market, closing at
N1,520.40/$1, a N42.29 loss when compared to N1,478.11/$1 which it closed on Monday at the Nigerian
Autonomous Foreign Exchange (NAFEM) window. At the end of trading, the parallel
market concluded at N1,535/$1, a loss of N50 compared to N1,484/$1, which it also exchanged a day earlier.
Also, the daily turnover recorded Continued on page 9
CBN Appoints Nine Pre-shipment Inspection Agents, Two Evaluation Teams for Oil, Gas Exports... Page 9 Wednesday 15 May, 2024 Vol 29. No 10626. Price: N400
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UN Grants Nigeria Additional Maritime Territory Deji Elumoye in Abuja
L-R: Author, Magnus Onyibe; Chairman of the occassion, Gen. Yakubu Gowon; Author's wife, Helen; Veteran Newscaster, Julie Coker and former Delta State Governor, James Ibori, during launch of the book, Leading from the Streets by Mr Onyibe in Lagos … recently
President Bola Tinubu has hailed the efforts of the High Powered Presidential Committee (HPPC) on Nigeria’s Extended Continental Shelf Project, which worked over many years for the extension of Nigeria’s Continued on page 9
Presidency, VIPs Now to Pay at Airport Tollgates After N10bn Loss Aviation sector gets approval to procure N4.2 billion aircraft recovery equipment Says cybersecurity levy suspended for review FG to transform infrastructure, housing sectors Targets N20trn pension fund for devt To provide 48-hour visa service for investors Urges labour not to derail power sector transformation plan, to look into electricity tariff hike Deji Elumoye in Abuja The Federal Executive Council (FEC), yesterday, at the end of a two-day meeting, took some far-reaching deci-
sions, including that the president, vice president, and other top government functionaries would start to pay access Continued on page 9
Aig-Imoukhuede Appointed President of France-Nigeria Business Council...
Chairman, Access Holdings Plc, Aigboje Aig-Imoukhuede (right), in a handshake and a tête-à-tête with the French President, Emmanuel Macron, at a meeting of the France-Nigeria Business Council (FNBC) , while Gilbert Chagoury looks on, in Paris…Monday