FREEPRESS – Following the recent increase in the price of sachet water otherwise known as “Pure Water” in Edo State, and the subsequent outcry by members of the public, the Chairman Edo State Association of Water Producers and Director of…
FREEPRESS – The naira traded at 320 to a dollar on the parallel market on Friday, after five days of speculations, trades, drama and controversies. The week had witnessed a dramatic rise of the naira which was short lived. Coming…
FREEPRESS – South African mobile phone operator, MTN Group, withdrew its lawsuit against Nigeria’s National Communications Commission, over a N780 billion fine, and paid N50 billion toward a possible settlement. A judge in Lagos last month gave both parties until…
FREEPRESS – On Wednesday, MTN paid Omeje Fidelis, who won an MTN promotion in 2012, N1.85 million which was the remainder of his winnings. The telecommunications giant made the payment in compliance with an order by the Consumer Protection Council…
FREEPRESS – The naira on Monday depreciated in value to a record low of N347/$ at the parallel market following increased demand, which outstrips supply of foreign exchange (FX), according to investigation. Specifically, the local currency lost N12 or 3.6…
FREEPRESS – The naira on Tuesday exchanged at N312 against the dollar following shortage of the greenback. Consequently, naira depreciated in value against the dollar by N4.50k or 1.46 percent at the parallel market and lost N5 or 1.63 percent…
