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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ZAMBIA SIGNS DEAL WITH CHINA FOR ITS FIRST CHOLERA VACCINE PLANT. (PHOTO).

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 Zambia signs deal with China for its first cholera vaccine plant


Zambia signed a Memorandum of Understanding (MOU) with China on Monday to establish the southern African nation's first cholera vaccine manufacturing plant, according to AA.


The project’s first phase will cost $37 million, with about three million doses expected to be produced through a joint venture between Zambia's Industrial Development Corporation (IDC) and Jijia International Medical Technology Corporation.


Zambia was this year hit by major cholera outbreak that killed more than 400 people and infected more than 10,000, leading authorities to order schools across the country to remain shut after the end-of-year holidays

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