Aso Villa Reads for 1/9/17

Every day, we bring you the best stories the media is reporting about the Government of Nigeria.

”The Naira further appreciated in the parallel market even as the Central Bank of Nigeria (CBN) injected $297 million into the interbank foreign exchange market”, so says Vanguard https://www.vanguardngr.com/2017/09/naira-appreciates-cbn-injects-297m/.

Vanguard https://www.vanguardngr.com/2017/09/vatican-supports-anti-graft-war-nigeria/ reports that the Vatican supports anti-graft war in Nigeria. “Archbishop Antonio Fillpazzi , the Apostolic Nuncio to Nigeria, Embassy of Holy See Vatican, , has pledged Vatican’s support for the anti-corruption crusade and development of education in Nigeria. ‘Apostolic Nuncio’ is the term used for the Pope’s direct representatives to countries.”

According to a report by Business Day, http://www.businessdayonline.com/hotel-market-rebounds-improving-economy/, with an average of 55 percent occupancy rate, “the Nigerian hotel market is beginning to rebound, with positive outlook for the last quarter of 2017 after a tortuous 2016 and first quarter 2017 which witnessed an unsustainable occupancy rate of below 30 percent across board, a development occasioned by the economic recession.”

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