National Infinity Magazine

Experts identify areas of concern as Naira strengthens to strongest level in two years

The naira has strengthened sharply in recent weeks, reaching one of its strongest levels in nearly two years, even as rising foreign portfolio inflows increase the risk of investor profit-taking later in the year, according to a macro update by CardinalStone. According to the report, the naira has witnessed a steep appreciation in the official market (+6.9 per cent year to date), reaching one of the strongest levels of the past two years (1,347.78/$ on Monday), which indicates improved liquidity conditions in the official foreign-exchange window. However, the spread between…

Dadiyata: DSS to invite El-Rufai’s sons as fresh investigation begins

Editor

The Department of State Services has reopened investigations into the 2019 disappearance of Abubakar Idris, popularly known as Dadiyata, and is set to invite suspects in connection with the case. Dadiyata, a lecturer at the Federal University Dutsinma, Katsina State, was declared missing on August 1, 2019, after gunmen reportedly took him from his residence in Kaduna. His whereabouts remain unknown nearly seven years later. Dadiyata, a lecturer and online commentator, was abducted on August 1, 2019, by unidentified gunmen as he drove into his home in Barnawa, Kaduna. The…