Tag: Exchange Rate

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Parity Rate: Yuan Weakens to 7.0872 Against the Dollar

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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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Governor Otti Mourns Gregory Ibe, Hails Late APGA Candidate’s Education Legacy

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Abia Governor Alex Otti mourns Professor Gregory Ibe, the 2023 APGA governorship candidate and founder of Gregory University, Uturu, following his death.

FCT Police Commissioner Meet Farmers, Herders After Deadly Community Clashes

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FCT Police Commissioner Ahmed Sanusi meets farmers and herders in Gwagwalada after unrest, urging dialogue, restraint and cooperation to prevent further violence.

President Tinubu Hails Youth Groups, Renews Pledge On Empowerment And Inclusive Governance

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President Bola Tinubu commends youth support groups for promoting his reform agenda, highlights empowerment programmes and urges peaceful political participation ahead of 2027.

President Tinubu Extends Tenure Of Correctional, Immigration Chiefs By 18 Months

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President Bola Tinubu has approved 18-month tenure extensions for the Controller-General of the Nigerian Correctional Service and the Comptroller-General of the Nigeria Immigration Service to address succession gaps.  

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