LASG REAFFIRMS COMMITMENT TO END TUBERCULOSIS IN COMMUNITIES IN LAGOS STATE. (PHOTOS). #PRESS RELEASE.

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 LASG REAFFIRMS COMMITMENT TO END TUBERCULOSIS IN COMMUNITIES IN LAGOS STATE The Lagos State Government on Tuesday reaffirmed its commitment to completely eradicate Tuberculosis (TB) at the grassroots level across the metropolis.  The Permanent Secretary, Lagos State Health District III, Dr. Monsurat Adeleke made this known during a courtesy visit by the Institute of Human Virology, Nigeria team to her Ikoyi office, emphasising the present administration's commitment to continually prioritise health security across the state. She said the Lagos State First Lady, Dr. (Mrs.) Claudiana Sanwo-Olu, is a Tuberculosis (TB) champion with the mandate of ending TB now and the continuous expansion of TB scale-up diagnostic centres.  According to her, “The First Lady of Lagos State, Dr. (Mrs.) Claudiana Sanwo-Olu is a TB champion. We, the team at the Lagos State Health District III, are satisfying Madam First Lady in achieving our TB mandate. Every day, when we turn on our TV we see ...
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NAIRA WEAKENS TO N1, 590 AGAINST THE DOLLAR IN THE PARALLEL MARKET. (PHOTO).

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 Naira weakens to N1,590 against the dollar in the parallel market.



The Naira dropped to N1,590 per dollar in the parallel market, down from N1,580 per dollar on Monday. In addition, the Naira fell to N1,582.09 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.


Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,582.09 per dollar from N1,570.99 per dollar on Monday, indicating an N11.1 depreciation for the Naira. The volume of dollars traded in the market declined by 18.2 percent to $201.43 million from $246.44 million traded on Monday.


As a result, the gap between the parallel market and NAFEM rate narrowed to N7.91 per dollar from N10.8 per dollar on Monday.


Isa Garba, a currency trader, attributed the Naira's depreciation to increased demand and low supply of the dollar.


Today, the Naira depreciated against the dollar by N10. I bought a dollar at N1580 and sold it for N1,590, compared to yesterday's rate. Today, there is less supply of dollars. The dollar was traded at N1,600 per dollar this morning and closed at N1,590.


"Due to the low supply, few traders were present in the market, adding to the demand and supply pressure."

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