TINUBU'S HERITAGE IN ACTION: SSA TO PRESIDENT ON CHIEFTAINCY AFFAIRS.(PHOTO).

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 TINUBU'S HERITAGE IN ACTION: SSA TO PRESIDENT ON CHIEFTAINCY AFFAIRS. The Senior Special Assistant to President Bola Ahmed Tinubu, Sarkin Sudan of Kano, Alhaji Abbas Tijjani Hashim, announces the establishment of a monitoring and evaluation system to promote cultural heritage and support President Tinubu's initiatives benefiting Nigerians, especially at the grassroots level. During a meeting with newly turbaned Sarkin Yamma of Bwari, Alhaji Dr. Alhassan Musa Baba Chukuri, and Dangaladima of Kwangwami, Alhaji Lauwali Ibrahim, the SSA discussed traditional leadership affairs, emphasizing cultural preservation, promotion, and civic engagement. The Sarkin Sudan of Kano urged traditional leaders nationwide to maintain vigilance, ensuring secure and peaceful environments in their domains.
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NAIRA HITS ALL-TIME LOW, CROSSES N1, 500 TO DOLLAR AT OFFICIAL MARKET. (PHOTO).

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 Naira Hits All-Time Low, Crosses N1,500 To Dollar At Official Market


There is no end in sight to the lingering foreign exchange crisis as dollar crossed over N1,500 at the official market.


The dollar closed at 1,534.39 at the official market on Monday, according to the FMDQ data.


This is the first time the dollar would be exchanging at over N1,500 since the crisis putting more pressure on businesses and importers.


This is despite the several measures and interventions by the Central Bank of Nigeria (CBN) aimed at stabilising the market.


However, local currency has defied all the interventions and continues to depreciate against the foreign currency.


Already the impact of this could be felt in several sectors with Nigerians experiencing alarming inflation and increased food prices.


Despite the dollar exchanging at N1,534 at the official market, it has stabilized at the unofficial parallel market exchanging between N1,450 and N1500.

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