NewsExpress advert FCMB banner Fidelity bank banner NewsExpress advert
Naira bounces back powerfully, appreciates to N280/dollar

By Mayowa Okekale, Abuja on 24/02/2016

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 2,499


The gloomy outlook for the Nigerian currency, the naira, significantly brightened today, with reports that it has further strengthened to around N280 to a dollar in the parallel market. This is s massive gain, considering that the naira exchanged for N405 in the parallel market last week.

The rebound of the battered currency has sparked celebration across the country, including in opposition circles.

The main opposition party, the Peoples Democratic Party (PDP), tweeted this afternoon: “This is very good news. No sincere political party can ever wish its nation to fail. We are excited about the recovery of the Naira and God bless Nigeria.”

The formerly ruling party emphasised that “the economy does not know PDP or APC. We are all affected and that is why we must support our country at all times.”

“If our nation fails, we all suffer. This is why we must all ensure our nation works,” PDP added.

Source News Express

Posted 24/02/2016 8:28:10 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Obama called up for jury service

Asset Declaration: CCT dismisses Saraki’s motion asking judge...

Dickson eulogises High Court Judge, says she added...

Anarchy looming in Imo, Anambra and Rivers, South...

House in rowdy session over immunity clause

Militants blow up two more crude oil pipelines...

Enugu Assembly commends PDP, ENSIEC on Enugu council...

NNPC strategises for increased gas supply

Christian Aid commences training for journalists in south-East...

Kidnappers of Jonathan’s father demand N500m ransom

Nigerian ports getting safer: Dakuku

EFCC grabs ex-Army Chief Ihejirika over alleged N13bn...

 

Latest News 5,000 dump APC for PDP in Bayelsa Buhari appoints new heads of NHRC and NERC, new Directors for NDDC More foreign visitors troop into Nigeria – Data Panic as explosions, heavy gunshots shake Maiduguri •No cause for alarm, says Army as rumours of Boko Haram presence spread APC chairmanship aspirant escapes assassination in Delta Osun Guber Polls: INEC releases timetable Benue killings: You are arrogant and insensitive - Secondus blasts Buhari •Berates President for snubbing Benue for Bauchi Troops raid Benue militia camp •Nab suspected kingpin, recover arms Court orders DSS to tender weapons recovered at Dasuki's residence FAAC: FG, States, LGs share N626.8bn Angry youths burn police officer’s residence in Edo Group launches 'citizens guide to the recall process'

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (340,254 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (335,402 views) Shameless Genevieve Nnaji exposes breasts in public (268,326 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (220,680 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (202,421 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (198,536 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (173,264 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (155,612 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (147,391 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (139,415 views) Lagos plane crash: Journalist releases victims’ names (137,201 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (129,852 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (36) Business & Economy (3,079) Business Verdict (40) Columnists (840) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (486) Features (570) Global Business Monitor (267) International (1,929) Interview (149) Live Commentary (28) Love Matters (116) News (34,792) Opinion (917) Pidgin (10) Politics (4,827) Religion (725) Sports (1,490) Stock Watch (28) AMA & Al Jazeera Global Update

 

Firstmobile banner

 

 

NEWS EXPRESS TV

Boko Haram commanders surrender

 

APO Group Partner

 

 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement