The Cope and Live Mental Health Awareness Foundation, an NGO, has offered mental counselling and other services to 1803 flood-hit Maiduguri residents within the past six days. The other humanitarian services provided by the foundation included: food, water, clothing, shelter and insecticide treated mosquito nets. Speaking to newsmen on the ongoing Swift Intervention Programme in Maiduguri on Monday in Enugu, the Co-founder of the Foundation, Mrs Uzoamaka Nwachukwu, said that the foundation moved swiftly through its centre office in Maiduguri led by its focal person Mr Ndubuisi Nwoye. Nwachukwu, who…
Read MoreDay: September 17, 2024
Naira Mixed As CBN Sells FX to Banks, Clears Forward Contracts
The Nigerian naira on Monday, in a dramatic turn of events, was repriced positively against the dominant US dollar in the foreign exchange (FX) market. The exchange rate improved at the official market but weakened at the parallel market amidst supply, and demand side imbalances. In the recent past week, the market has seen some sorts of moves that signal renewed interest to back the naira up against the US dollar, threatening dominance. The rapid, and strong weekly gain registered by the naira resulted from the foreign exchange market intervention…
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