Naira Edging Closer: Just N70 Difference Between Official and Black Market Rates as Convergence Approaches

The naira is heading for a convergence at both official, parallel windows as only N70 separate the Nigerian currency and the American dollar. While the naira slumped at the official window for the fourth consecutive day, the Nigerian currency appreciated at the black market to close the gap between both rates significantly. FMDQ data showed…

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Mayor of Port Harcourt Sets N100,000 Reward for Capture of Manhole Cover Thieves as Vigilante Apprehends Suspect

The Mayor of Port Harcourt Court City, Ezebunwo Ichemati, has placed a bounty of N100,000 on each manhole cover thief to be caught in Port Harcourt, Rivers State.  Ichemati announced the bounty following the arrest of an alleged manhole cover thief at the Abali (CFC) flyover axis of Port Harcourt by a vigilante in the…

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