The naira lost N26 on each US dollar to settle at N1,501.61 in the foreign exchange (FX) market due to demand pressures. The market US dollar liquidity shortfall extended throughout the previous, which triggered Central Bank (CBN) intervention in the official window.

VFD Group Plc has announced a full divestment of its interest in Atiat Limited in a deal valued at over N7 billion following a board approval.  In a statement, the diversified investment company told the Nigerian Exchange that the Board approved the Company’s full divestment of 343,546,646 ordinary shares of its holdings in Atiat Limited, a key subsidiary.