FCTA and MAG International Unveil Ambitious “City Walk Abuja” Project Inspired by Dubai’s Iconic Urban Model

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In a bold move to reshape the urban landscape of Nigeria’s capital, the Federal Capital Territory Administration (FCTA) has signed a landmark Memorandum of Understanding (MoU) with MAG International Links Ltd for the development of the transformative City Walk Abuja project. This 200-hectare mixed-use development draws direct inspiration from the globally acclaimed City Walk Dubai, […]

Naira Strengthens Marginally Against Dollar as Inflation Eases and Reserves Rebound

Naira Strengthens Marginally Against Dollar as Inflation Eases and Reserves Rebound

The Nigerian naira ended the trading week on a slightly firmer note against the U.S. dollar, closing at ₦1,599.01/$1 in the official foreign exchange market on Friday, according to data from the Central Bank of Nigeria (CBN). This modest appreciation from Thursday’s rate of ₦1,599.99/$1 underscores the local currency’s ongoing struggle for stability amid a […]