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.
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LASIAMA RESUMES UPGRADING OF LAGOS DIGITAL VILLAGE. (PHOTO). #PRESS RELEASE.

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 LASIAMA RESUMES UPGRADING OF LAGOS DIGITAL VILLAGE


The Lagos State Infrastructure Asset Management Agency (LASIAMA) has resumed the renovation process of the Lagos State Digital Village in Alausa, a pivotal project aimed at enhancing economic development, technology, and community engagement within the state.


According to Ms. Adenike Adekanbi, General Manager of LASIAMA, the renovation of the Digital Village was initially envisioned as a simple facelift but after extensive consultations and detailed planning, the project scope was expanded to include major upgrades, ensuring that the improvements would be far more than just superficial.


She stressed that the strategic shift required additional resources and adjustments to the project timeline to accommodate the comprehensive enhancements planned.


“While it may not be immediately visible from the outside, I am pleased to report that 90% of the renovation work has already been completed”, Adekanbi stated.


She further disclosed that the ongoing upgrades include significant structural improvements such as the reconstruction of the roof, general tiling of all floors - encompassing halls, offices, and lobbies - along with a full overhaul of existing electrical and mechanical fixtures, adding that both walls and floors of all restrooms are being tiled, and a new POP ceiling has been constructed for every floor.


The General Manager further revealed the Agency’s determination to deliver a final product that aligns with both expectations and best practices in facility management.


 “Despite the challenges we face, LASIAMA remains resolute in achieving significant progress on the Digital Village renovation as swiftly as possible”, she  affirmed.


The Agency's commitment to quality and innovation is set to transform the Digital Village into a vibrant hub for technology and community engagement, ultimately contributing to the economic development of Lagos State.


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