PRESS BRIEFING BY THE COMMISSIONER OF POLICE, ANAMBRA STATE COMMAND CP IKIOYE ORUTUGU, fwc MNIPS PhD AT THE ANAMBRA STATE POLICE COMMAND HEADQUARTERS, AWKA ON 17TH DECEMBER, 2025.(PHOTOS).#PRESS RELEASE.

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 PRESS BRIEFING BY THE COMMISSIONER OF POLICE, ANAMBRA STATE COMMAND CP IKIOYE ORUTUGU, fwc MNIPS PhD AT THE ANAMBRA STATE POLICE COMMAND HEADQUARTERS, AWKA ON 17TH DECEMBER, 2025 On behalf of the Officers and Men of the Anambra State Police Command, I warmly welcome you to this media briefing today, 17th December 2025, as the year draws to an end. As the lead agency in internal security, the Nigeria Police Force recognizes that the ultimate assessment of our performance rests with the good people of Anambra State. While we acknowledge that we are not yet where we aspire to be in achieving total security, it is important to emphasize that the cooperation, trust, and timely support we received from residents significantly contributed to the successes recorded during the year under review. Throughout the year, the Command observed fluctuations in crime patterns, largely influenced by socio-economic realities and evolving security dynamics across the country. Nevertheless, through pro...
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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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