Business
Naira depreciates against dollar, exchanges for over ₦1,6000 at official market

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At the Investor’s and Exporter’s (I&E) window, the Naira traded between ₦1,684 and ₦1,575 against the dollar.
The Naira on Wednesday slightly depreciated at the official market, trading at ₦1,631.17 to the dollar.
Data from the official trading platform of the FMDQ Exchange revealed that the Naira declined against the dollar by 72 kobo.
This represents a 0.04 per cent loss when compared to the previous trading date on Tuesday when it was exchanged at ₦1,630.45 to a dollar.
Also, the total daily turnover reduced to 128.98 million dollars on Wednesday down from 242.59 recorded on Tuesday.
At the Investor’s and Exporter’s (I&E) window, the Naira traded between ₦1,684 and ₦1,575 against the dollar.
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10 lucrative side gigs Nigerian youths can explore in 2025

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Urban centers are buzzing with opportunities for creative young professionals seeking extra income while exploring their passions. For those looking to diversify their earnings without sacrificing fun, here are engaging side gigs that blend creativity with profitability.
1) Social Media Content Creation
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3) Freelance Photography
Capture the vibrant energy of urban life through photography. Sell your images online or offer your services at local events. Street scenes, cultural festivities, and everyday moments can all become sources of extra income.
4) Innovative Food Ventures
Turn your culinary passion into profit by setting up a small food stall or offering delivery of your signature dishes. Experiment with fusion recipes or local favorites, and promote your venture on social media to reach a wider audience.
5) Voiceover Work and Podcasting
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8) Event Coordination
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9) Freelance Content Writing
If writing is your forte, consider freelance content creation. Cover urban trends, lifestyle topics, or local culture for blogs and online magazines. This gig not only hones your writing skills but also builds your portfolio.
10) Urban Gardening Ventures
Transform a small balcony or rooftop into a green oasis. Cultivate herbs, vegetables, or decorative plants and sell your produce to neighbors or at local markets. This eco-friendly side gig adds a touch of nature to the concrete jungle while generating extra income.
These side gigs offer exciting ways to supplement your income while embracing the dynamic energy of urban life. By tapping into your unique skills and the rich cultural tapestry of your city, you can build a side business that is both fun and financially rewarding.
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