ERIC CHELLE SET TO TERMINATE CONTRACT AS NFF HOLDS EMERGENCY MEETING. (PHOTO).

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  The Nigeria Football Federation (NFF) is set to hold an emergency meeting to address the uncertainty surrounding the future of Super Eagles head coach, Eric Chelle. According to sources, Chelle is considering terminating his contract as the team's manager. The development comes amidst Nigeria's struggles to qualify for the 2026 FIFA World Cup. With only seven points from six games, the Super Eagles are currently fourth in Group C, behind leaders South Africa, Rwanda, and Benin Republic. Pressure has been mounting on Chelle, prompting him to travel to Europe in search of reinforcements to bolster the team's defense. However, the uncertainty surrounding his future with the team has reportedly led to a change of heart, with Chelle now considering terminating his contract. The NFF's emergency meeting aims to address the situation and find a resolution. The fate of Chelle and the Super Eagles' World Cup qualifying campaign hang in the balance.
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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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