CAF CONFIRMS DATES FOR AFCON 2027 IN KENYA, TANZANIA AND UGANDA. (PHOTO).

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 CAF confirms dates for AFCON 2027 in Kenya, Tanzania and Uganda The 2027 Africa Cup of Nations will be played between Jun 19 and July 17 the African Federation (CAF) announced on Saturday without revealing which of Uganda, Kenya or Tanzania would host the opener or the final. The dates were approved by the FIFA Council in Vancouver, Canada, after fears the countries would fail to be ready were quelled with CAF president Patrice Motsepe who fought off a delay to 2028. "We have worked hard to ensure that the AFCON is held in East Africa, and our commitment remains unwavering. I am confident that we will organise a very successful AFCON in these three countries," Motsepe said. This edition of the AFCON, the first spread over three countries, will mark the return of the competition to East Africa for the first time since the 1976 edition in Ethiopia.
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NAIRA APPRECIATE SIGNIFICANTLY AMID CBN INTERVENTION. (PHOTO).

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 Naira appreciates significantly amid CBN intervention


The Naira closed the week positively, appreciating marginally against the US Dollar at the Foreign Market amid the Central Bank of Nigeria’s sweeping policy interventions.


Data from FMDQ showed that the Naira appreciated N1,435.53 per US Dollar on Friday from N1461.90 on Thursday.


This represents a 1.8 per cent or 26.37 gain compared to N1461.90 recorded at the close of trading on Friday.


This is the second time the Naira has appreciated marginally in the week under review.


Similarly, the Naira recorded a gain at the parallel Market, which traded at 1,440 per US dollar on Friday from N1,470 the previous day.


In the last four days, CBN, under its Governor, Olayemi Cardoso, has released four policy reforms to wrestle down the free fall of Naira.


CBN also issued a guideline on Wednesday to curb foreign currency hoarding and speculation.


Also, during the week, the bank issued fresh guidelines for International Money Transfer Operators in Nigeria and removed the cap on the exchange rate quoted by IMTOs.


However, the most popular African nation’s currency, the Naira, hiked to N1,435.53 in the week under review from N891.90 per US dollar it traded seven days ago.

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