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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

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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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Stock Market Extends Losing Streak, Sheds N107bn As Profit-Taking Persists

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Market capitalisation fell by N107bn as the Nigerian stock market extended its bearish run to five consecutive sessions amid continued profit-taking by investors.

Cameroon Crush Malawi 3-0 To Win First WAFCON Title

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Cameroon have made history by defeating Malawi 3-0 to win their first Women’s Africa Cup of Nations title in a dramatic WAFCON final in Rabat.

NDC Youths Launch Strategic Mobilisation Drive For Victory In Enugu

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NDC youths in Enugu have launched a strategic grassroots mobilisation drive as the party intensifies preparations for victory in the 2027 general elections.

Ohuabunwa’s Powerful Message: Nigerians Urged To Keep Hope Alive Amid Hardship

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Ohuabunwa urges Nigerians facing hardship not to give up hope, encouraging faith, prayer, compassion and support for vulnerable people during a humanitarian outreach in Rivers State.

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