The Naira yesterday appreciated to N1,416 per dollar in the parallel market from N1,420 per dollar recorded on Wednesday. However, the local currency depreciated to N1,365.1 per dollar at the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria (CBN), showed that the indicative exchange rate for the naira rose to N1,365.1 per dollar from N1363.11 per dollar on Wednesday, indicating a N1.99 depreciation for the naira. Consequently, the gap between the parallel and official markets narrowed to N50.9 per dollar from N59.11 per dollar recorded on Wednesday. Meanwhile, the interbank turnover at NFEM increased by 31 percent to N98.8 million yesterday from N75.4 million recorded on...

Portugal captain Cristiano Ronaldo has predicted that his eldest son, Cristiano Jr., could surpass him in football, saying the teenager is already physically ahead of where he was at the same age. The 41-year-old made the comments in a video shared by Netflix Sports while watching his 16-year-old son train with the Al Nassr youth team. According to Ranaldo, Cristiano Jr. has developed physically beyond where he was at the same age and believe his son could eventually grow bigger and stronger than him. “He’s a good kid. The other ones are tougher, the ones at home, the small ones. This one is no problem,” Ronaldo said. “When I was...

The Naira yesterday appreciated to N1,416 per dollar in the parallel market from N1,420 per dollar recorded on Wednesday. However, the local currency depreciated to...

Portugal captain Cristiano Ronaldo has predicted that his eldest son, Cristiano Jr., could surpass him in football, saying the teenager is already physically ahead...