PRES. TRUMP AWARDED INAUGURAL FIFA PEACE PRIZE AT WORLD CUP DRAW IN WASHINGTON . (PHOTOS).

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 President Trump awarded inaugural FIFA Peace Prize at World Cup draw in Washington  Gianni Infantino, the FIFA President presented the honour onstage at the Kennedy Center for the Performing Arts on Friday, saying Trump had been selected “in recognition of his exceptional and extraordinary actions to promote peace and unity around the world”. “This is your prize, this is your peace prize,” Infantino said, after Trump took the stage to accept the trophy, a medal and certificate. “There is also a beautiful medal for you that you can wear everywhere you want to go.”   FIFA says the prize is for “individuals who help unite people in peace through unwavering commitment and special actions”.  Accepting the award, Trump called it “one of the great honours of my life”, before claiming to have “saved millions and millions of lives – the Congo is an example, over 10 million people killed and it was heading for another 10 million very quickly. India and Pakistan, so many diffe...
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NAIRA MAKES HUGE RECOVERY, GAINS 7.2% AGAINST DOLLAR. (PHOTO).

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 Naira makes huge recovery, gains 7.2% against dollar


The Naira on Friday experienced huge appreciation at the official market, trading at N1,142.38 to the dollar.

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the Naira gained N88.23.

This represents a 7.16 per cent gain when compared to the previous trading date on Monday, April 8, exchanging at N1,230.61 to a dollar before the Sallah holiday.

The total daily turnover increased to $281.34 million on Friday up from $125.55 million recorded on Monday.

Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,265 and N1,100 against the dollar.

Economic experts have continued to praise both fiscal and monetary policies of President Bola Tinubu’s administration responsible for the steady Naira appreciation.

The CBN, during its policy meetings held in February and March, implemented a total of 600 basis points in interest rate increases.

This helped tackle dollar scarcity, reduced volatility, and decreased reliance on parallel markets.

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