Naira falls to an all-time low as it exchanges at N1,210/$1 on parallel market

The exchange rate between the naira and dollar opened the week at N1,200/$1 on P2P platforms on Monday, Oct. 23.   The implication of this is that the naira is 3.41 percent weaker than on Friday, Oct. 20, when it closed at N1,170 on the same market.   This week, on the black market where the exchange rate is sold unofficially, quotes are going for N1200/$1 for cash trades and N1,250-N1300 for wired transfers.    By the close of business

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Buy a piece of land in Lagos with as low as N11,700 per sq meter!

In response to the yearnings of its prospective clients living in Nigeria and abroad, Arc-View Investment Limited has launched a New Year Promo Offer for its Treasure HillTop Estate in Alagbado. The offer gives prospective clients the opportunity to own a piece of the beautiful estate for as low as N11,700 per sqm.   With this offer, clients can buy plots half for 3.5m, and full plot for 7m, limited plot available. Other offers in the estate include: 3Bedroom Duplex

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Low turnout witnessed as airports resume for domestic flights (photos)

As domestic flights resume in Nigeria today, a low turnout of passengers has been witnessed at the Murtala Mohammed International Airport Lagos and the Nnamdi Azikiwe International Airport Abuja.     Photos shared online showed scanty departure halls with a low number of passengers coming in for security and health checks. The five airlines that have been given approval to operate, have disclosed that they have witnessed very little bookings since the announcement for the reopening of airports was made.   Recall that the

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