Author: kayode amuda
Naira Slides To N1,550/$ In Parallel Market
The Naira weakened further on Tuesday, August 26, closing at N1,550 per dollar in the parallel market, compared to N1,540 per dollar on Monday.
In the Nigerian Foreign Exchange Market (NFEM), the local currency also weakened slightly to N1,537 per dollar, compared to N1,536.99 per dollar the previous day, according to data from the Central Bank of Nigeria (CBN).
This depreciation widened the gap between the official and parallel market rates to N13 per dollar, a sharp increase from N3.01 recorded on Monday.
The currency’s drop reflects sustained pressure from high demand for foreign exchange amid limited dollar supply, a challenge that has persisted despite ongoing CBN interventions and recent policy reforms aimed at stabilizing the market.
Analysts warn that without a significant boost in forex inflows and improved investor confidence, the Naira could face further volatility in the coming weeks.
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Renowned American rapper, Cardi B currently on trial for allegedly assaulting a security guard, Emani Ellis in 2018, while pregnant.
“She was jumping up and down, body shaming me, racial slurs and a lot “, She stated.
This trial comes after Cardi B finalized her divorce from Offset on August 26, 2025.
The duo had a tumultuous relationship, with Cardi B previously filing for divorce in September 2020, only to reconcile later.
Meanwhile, Cardi B has moved on, announcing her relationship with Stefon Diggs, a professional American football player.
Watch video below….
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A video captures the adorable moment influencer Enioluwa welcomes his Tanzanian girlfriend, Saraphina to Nigeria.
He was seen handsomely dressed in suit with a bouquet of flowers at the airport.
Subsequent scenes in the video shows them moving from one location to other, trying out various Nigerian dishes.
He captioned …
“Welcome home ❤️ 🔒 @phina__tz”
Check out reactions that followed …
-oyiza said: ‘Tanzania carry him bestie. Him too he carry their own. Do me I do you”
theamybenson wrote: “Y’all going to Tanzania to get a babe, who Una come leave Ikorodu girl for?”
msmogul_ stated: “Who gon tell her he’s…. Abeg let me mind my bizness”
unusualblessing_ wrote: “To those always calling him gay Shey una go rest now…. Meanwhile they are so cuteeee”
eniiwinner said: “They’re acting like besties, not lovers”
engr.chukwu_austin said: “Nasoo una force this guy go get babe. I fear una’
sisiherb stated: “Tanzania carry your bestie You self carry thier own Ata didin for ata didin”
yhti.b wrote: “Not Eniola looking like a grown man now…. All the feminine sides just disappeared”
adu wrote: “Kissing no Dey part of the script?”
—berrytruly asked: “Why do these kids live for social media validation? Everything na content! God abeg’
Watch video below …
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Fuel Price Increased by 33% in July – NBS