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Tag: Exchange Rate

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Yuan Strengthens to 7.1106 Against Dollar as Central Parity Rises

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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Kebbi Hails Tinubu For Historic Sokoto-Badagry Highway Gains

The Kebbi State Government has praised President Bola Tinubu for reviving and advancing the long-awaited Sokoto-Badagry Super Highway project, describing it as a transformative infrastructure initiative capable of boosting trade, agriculture and regional economic growth.

Tough Crackdown Begins In Enugu State As Government Enforces N500,000 Fine For One-Way Driving

The Enugu State Government has commenced strict enforcement of a N500,000 fine against motorists caught driving against traffic as authorities intensify efforts to curb accidents and restore discipline on roads across the state.

Senate Clash Deepens As Akpabio, Oshiomhole Battle Over New Leadership Rules

Tension erupted in the Senate as Senate President Godswill Akpabio and Senator Adams Oshiomhole openly disagreed over newly amended leadership rules restricting eligibility for presiding offices to lawmakers with uninterrupted two-term service.

Senate Approves N2.2tn FCT Budget for Infrastructure, Security Expansion

Senate approves N2.285 trillion FCT Budget for 2026 with over 76% allocated to capital projects targeting infrastructure, security, and development in Abuja.

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