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Nigerian Security Operatives Arrest Over 100 Bureau De Change Operators In Abuja As Naira Slumps To 1980 Per $1

Nigerian security operatives including officials of the Economic and Financial Crimes Commission (EFCC) on Wednesday raided some Bureau De Change outlets in the Federal Capital Territory, Abuja, arresting over 100 operators as the country’s currency slipped further. Nigeria's naira on Wednesday dropped to a record low against the dollar on the official market. SaharaReporters learnt that the naira now exchanged for N1980 to $1 on the parallel market and N1780 on the official market as the swift decline continued amid the government’s clampdown on currency speculators. ....

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FG taking steps to ameliorate rising cost of staple foods – Idris — NEWSVERGE

Minister of Information and National Orientation, Alhaji Mohammed Idris, says the Federal Government is aware of the rising cost of staple foods in the markets. He disclosed this during the 2024 conference and annual general meeting of the Nigerian Institute of Public Relations (NIPR), Niger State chapter in Minna on Tuesday. The theme of the […] ....

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Each State Governor Has Received Additional N30billion To Tackle Food Scarcity, Hardship Facing Nigerians — Senate President, Akpabio

The Nigerian Senate President, Senator Godwin Akpabio has stated that all the 36 state governors in the state have received additional N30billion from the Federal Inland Revenue Service (FIRS) to tackle the food scarcity situation in the country.   The Senate President who said this during one of the plenary sessions of the federal lawmakers described the several protests held in some major cities in the country against rising hunger and hardship as sponsored by political stakeholders.   ....

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