Nigeria Air Force bomb Boko Haram insurgents in Borno

The Nigerian Air Force (NAF) on Tuesday said its newly acquired all-weather helicopter gunship, Mi-35M Super Hind, recorded its first hit in battle against the Boko Haram insurgents in the North-East. Director of Public Relations and Information, Air Commodore, Olatokunbo Adesanya said on 21 May, NAF Component of Operation LAFIYA DOLE conducted an Intelligence Surveillance… Read More Nigeria Air Force bomb Boko Haram insurgents in Borno

Naira appreciates against Dollar as CBN injects $482million into the forex market

The Naira, on Tuesday, appreciated to N375 per dollar in the parallel market due to weak demand for the dollars. Meanwhile the CBN intervened in the inter-bank foreign exchange market by selling $482.6 million. Acting Director, Corporate communications Department, CBN, Mr. Isaac Okoroafor confirmed this in a statement. He said: “A breakdown of Tuesday’s interventions… Read More Naira appreciates against Dollar as CBN injects $482million into the forex market