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

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Naira depreciates against dollar exchanges for over ₦16000 at official

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.

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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.
#Naira #depreciates #dollar #exchanges #official #market


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NAICOM, FRSC partner to enforce third-party vehicle insurance

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The National Insurance Commission (NAICOM) and the Federal Road Safety Corps (FRSC) have formed a partnership aimed at ensuring compliance

read more NAICOM, FRSC partner to enforce third-party vehicle insurance


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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

Leverage platforms like TikTok and Instagram to showcase your unique style and ideas. Whether you’re sharing lifestyle tips, city adventures, or humorous sketches, building an engaged following can lead to brand collaborations and sponsorships.

2) Rideshare Driver and Local Tour Guide

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If you know your city inside and out, consider joining ride-hailing services or offering personalized tours. This gig not only puts you behind the wheel but also gives you the chance to highlight hidden gems and local culture to visitors.

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.

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5) Voiceover Work and Podcasting

If you have a compelling voice or a knack for storytelling, explore voiceover opportunities or start your own podcast. Narrate commercials, share local stories, or discuss topics that resonate with urban youth.

6) Digital Art and Design

Show off your creative skills by designing digital artwork, custom merchandise, or social media graphics. Sell your creations online or collaborate with local brands looking for unique visual content.

7) Online Tutoring and Skill Coaching

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Share your expertise in subjects like coding, creative writing, or design with others. Offering online tutoring or coaching sessions provides flexibility and can help bridge skill gaps in the urban job market.

8) Event Coordination

Use your organisational talents to plan local events, pop-up parties, or community gatherings. Whether it’s a themed party or a cultural festival, this role allows you to connect people while earning commissions for your efforts.

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.

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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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Six varsities to benefit from N10m student-entrepreneurs, small-scale businesses grants

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In its forthcoming Nigeria universities talent and skill monetisation campus tour programme, Stability and Sustenance in partnership with Engraced Events

read more Six varsities to benefit from N10m student-entrepreneurs, small-scale businesses grants


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