ABIA GOVT BERATES NDC GUBERNATORIAL CANDIDATE OGAH OVER CLAIMS OF SUPPORTING ATIKU. (PHOTO).

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 Abia Government Berates NDC Gubernatorial Candidate Ogah Over Claims of Supporting Atiku The Abia State Government has dismissed allegations by the Nigeria Democratic Congress (NDC) gubernatorial candidate in the state, Etugo Ogah, that it is backing Atiku Abubakar and Chibuike Amaechi of the African Democratic Congress (ADC) for the 2027 presidential election. Ogah made the claim while addressing members of his party recently. He alleged that the Abia State Government is neither supporting President Bola Tinubu nor Peter Obi, but is instead supporting Atiku Abubakar and Amaechi. “The present government of Abia, they are not supporting Tinubu or Peter Obi, they are supporting Atiku and Amaechi and I want to reveal it to you people,” Ogah was quoted as saying. Reacting, the Special Adviser to Governor Alex Otti on Media and Publicity, Ferdinand Ekeoma, described Ogah as a content creator seeking relevance through unfounded statements against the governor. Ekeoma accused the NDC can...

NAIRA SURGES AGAINST US DOLLAR, TRADES AT N758/$1 AT PARALLEL MARKET .(PHOTO).


 NAIRA SURGES AGAINST US DOLLAR, TRADES AT N758/$1 AT PARALLEL MARKET 



The Nigerian Naira delivered an impressive performance, experiencing a significant surge against the US Dollar at black market. 


On Wednesday, June 21, 2023, the Naira traded at an average exchange rate of N758/$1, marking a remarkable increase of 2.82% compared to the previous day’s trading session where the Dollar was valued at N780/$1.


Reports from BDC traders, confirmed this exhilarating upward trend, sparking interest among market participants.


However, the Naira faced a considerable decline against the British Pound, trading at an average exchange rate of N970/£1 on June 21, 2023. 


This indicates a 1.78% decrease compared to the exchange rate of N953/£1 recorded in the previous trading session on Tuesday, June 20th, 2023.


Furthermore, the Naira experienced a 0.61% depreciation against the Euro, trading at an average exchange rate of N820/€1 on June 21, 2023. 


This contrasts with the previous trading session, where the Naira was valued at N815/€1.


Breakdown of the currency rates is given as below:


Naira/Dollar (NGN/USD)


Buy rate – N755/$1


Sell rate – N758$1


Naira/Pound (NGN/GBP)


Buy rate – N950/£1


Sell rate – N970/£1


Naira/Euro (NGN/EUR)


Buy rate – N805/€1


Sell rate – N820/€1

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