S. A: FOUR PEOPLE HAVE DIED AFTER A CAR WAS SWEPT AWAY AT AN OVERFLOWING BRIDGE IN THE MAKOTOPONG RIVER NEAR SEBAYENG.(PHOTO).

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 Four people have died after a car was swept away at an overflowing bridge in the Makotopong River near Sebayeng. Police recovered the bodies after a blue Renault Kwid carrying five occupants was pulled into the river during heavy water flow on Sunday morning, 8 March 2026. One passenger escaped from the vehicle and alerted police and emergency services. Police say the car was travelling along the Madiga–Makotopong gravel road when it overturned at the flooded bridge and was dragged into the river. The Provincial Search and Rescue team recovered the first body on Sunday. The victim was identified as Lebapa Petrus Mochitele, 27, from Madiga Village. EMS personnel declared him dead at the scene. Search operations resumed on Monday with the SAPS Water Wing Unit, EMS Search and Rescue, the Fire and Rescue Department, and an EMS helicopter. Teams located the submerged vehicle and recovered three more bodies. The victims were identified as Seobi Dikgale, 33, Betty Makokoane, 22, and Shel...
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NAIRA FALLS TO N1200/$ IN PARALLEL MARKET, GAINS 11% IN NAFEM. (PHOTO).

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Naira falls to N1200/$ in parallel market, gains 11% in NAFEM

The naira depreciated yesterday to N1,1200 per dollar in the parallel market from N1,172 per dollar on Wednesday.

However, the naira yesterday appreciated to N843.07 per dollar in the Nigerian Foreign Exchange Market (NAFEM).

Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N843.07 per dollar from N951.22 per dollar on Wednesday, indicating 11 percent or N108.15 appreciation for the naira.

As a result, the gap between the official and parallel market exchange rates widened to N356.93 per dollar yesterday from N220.78 per dollar on Wednesday.

Mr. Yakubu Ahmed, a black market trader said high demand for dollars still persists despite traders’ anticipation of a positive change in the trend of the foreign exchange rate.

“There is still high demand for dollars but little access to it. I sold a dollar today for N1,200 and bought for N1,180.  

“Though we anticipate a positive change from the current trend of depreciation of the naira.

“But most traders are still worried that the naira might be in a falling trend for a long period due to decline in foreign exchange inflows which is also affecting the official market.”

 

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