NAIRA APPRECIATES MASSIVELY AGAINST DOLLAR AA FX SUPPLY RISE. (PHOTO).

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 Naira appreciates massively against dollar as FX supply rise The naira appreciated significantly against the dollar at the foreign exchange market as FX supply increased on Tuesday. FMDQ data showed that the naira gained to N1561.76 against the dollar on Tuesday from N1635.15 exchanged on Monday. This represents an N73.39 appreciation. Meanwhile, the naira fell further against the dollar at the black market to N1780 per dollar on Tuesday. The foreign currency transaction turnover increased to $253.68 million on Tuesday. $126.24 million traded on Monday, according to FMDQ data. The last time the naira appreciated at the official foreign exchange market was last Friday when it stood at N1631.21 per dollar. Fluctuations in the FX market have been a recurring decimal despite the interventions of the Central Bank of Nigeria in the past months.

FG APPROVES AIRSTRIP FOR BISHOP OYEDEPO'S 'CANAANLAND'. (PHOTO).

 


FG Approves Airstrip For Bishop Oyedepo’s ‘Canaanland’


The federal government has approved the construction of an airstrip in Canaanland, the headquarters of the Living Faith Church Worldwide popularly known as Winners Chapel, in Ota, Ogun state.


Bishop David Oyedepo announced this to members of his congregation at his church’s Tehillah Night Special Edition in Canaanland, Otta, Ogun State.


According to him, the airstrip aims to improve transportation for worshippers and visitors, particularly during large events such as Shiloh as they can now move to anywhere from his church premises without having to get to the airport first.


The members would now be able to land and park their aircraft at Canaanland.


The founder of the church also revealed that the project will be privately funded by the church, highlighting its commitment to self-reliance and infrastructure development.


Although the exact timeline for construction has not been specified, the church leadership has assured that it will be carried out swiftly and in accordance with all necessary aviation standards.

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