Tag: Exchange Rate

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Parity Rate: Yuan Weakens to 7.0872 Against the Dollar

News Admin Admin -
The parity rate of the Chinese Yuan declined to 7.0872 against the U.S. dollar on November 19, 2025, according to the China Foreign Exchange Trade System, marking another adjustment within the daily trading band.

Yuan Strengthens to 7.1106 Against Dollar as Central Parity Rises

Stock Market Updates Admin Admin -
The yuan strengthened to 7.1106 per dollar on Sept. 22, 2025, after China raised the central parity by 22 pips. Analysts say the move reflects Beijing’s cautious policy stance, global dollar weakness, and improving capital flows.

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President Tinubu Issues Strong Warning Against Political Violence Ahead Of 2027 Elections

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President Bola Tinubu has condemned political violence ahead of the 2027 elections, urging politicians to focus on national development while directing security agencies to tackle thuggery and other anti-democratic activities.

Lagos-Ibadan Expressway Crash: Seven Killed, 11 Injured In Tragic Accident

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Seven persons have died and 11 others sustained injuries in a fatal crash involving a Toyota bus and a truck on the Lagos-Ibadan Expressway, with TRACE urging motorists to avoid speeding.

Benue Assembly Extends Kwande LGA Chairman’s Suspension By Six Months

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The Benue State House of Assembly has extended the suspension of Kwande LGA Chairman, Vitalis Neji, by six months over allegations of gross misconduct, directing his deputy to continue as acting chairman.

Kidney Disease: UNN Professor Warns Nigerians Against Dangerous Myths, Urges Early Diagnosis

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A UNN professor, Obinna Onodugo, has warned Nigerians against kidney disease myths and spiritual interpretations of symptoms, urging early diagnosis and medical treatment to prevent complications.

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