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BREAKING: Naira Falls Massively At Black Market After Steady Exchange Rate

Hit the 'Follow' button to STAY WITH US Naira has fallen massively at the black market after a steady exchange rate. Newsone reports that the Nigerian official currency, Naira has fallen against the United States dollar  exchanging at N572/$1 weeks after a steady exchange rate of N565/$1. A survey conducted by Online Press Nigeria at the Bureau De Change (BDC) market in Ogba area of Lagos, Nigeria’s commercial city, on Sunday evening, December 12, 2021, showed that the naira to usd exchanged at N572/$1, failing to maintain the N565 position of 1 dollars to naira it stood for more than eight days weeks after usd to naira exchanged for N530/$1.  Not a few reports have it that the players at  parallel market better known as black market, bought a dollar at N567 and sold for N572 on Sunday evening, December 12, 2021 after they bought N560 and sold for N565 at last week, Monday, December 6. The exchange rate between the naira to dollar and dollar to naira on Sunday, showed tha...
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Obaseki appoints Okungbowa as new Head of Service

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The Edo State Governor, Mr. Godwin Obaseki, has approved the appointment of Mr. Anthony Osas Okungbowa as the state’s new Head of Service.   This followed the retirement of the former Head of Service, Mr. Isaac Ehiozuwa, after the mandatory 35 years of service.   In a statement, Secretary to the State Government, Osarodion Ogie Esq., said “This is to inform the general public and in particular Edo State Public Service that with the retirement of Mr. Isaac Ehiozuwa as Head of Service, following the mandatory 35 years  of service, His Excellency, Mr. Godwin Nogheghase Obaseki in exercise of his powers under Section 208 of the Constitution of the Federal Republic of Nigeria 1999, has approved the appointment of Mr. Anthony Osas Okungbowa as Head of the Civil Service of Edo State.”   Ogie said Mr. Anthony Osas Okungbowa is a serving Permanent Secretary in Edo State Civil Service, adding, “This appointment takes effect from 1 st  April, 2020.”
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