₦airaland Forum

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Naira strengthened against the U.S. dollar on Thursday at the Investors & Exporters (I&E) window of the foreign exchange market, data from the FMDQ Security Exchange where currencies are officially traded showed.

At the Thursday trading session, Naira closed at N394.00. This represents N0.17 or 0.04 per cent increase over the rate at which it was traded at the previous session, which was N394.17.

The local unit’s appreciation in value came as turnover contracted by 13.9 per cent with $77.04 million recorded compared to the $89.5 million posted on Wednesday.

The domestic currency saw an intraday high of N390 and a low of N415.76 before closing at N394.00.

Meanwhile, at the black market, data from abokiFX.com, a website that collates parallel market rates in Lagos, showed naira to dollar exchange rate at N475, which has remained without movement since the week began.

That leaves the spread of N81 between the unofficial and the official rates, which translates to a 20.6 per cent disparity.

Experts say the gap between the rates have widened significantly on account of decline in revenue from oil, Nigeria’s main export triggered by the upsurge of the coronavirus pandemic.

The CBN’s official rate on Thursday was N379 per dollar.

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Office Runs Planning Guide

Office runs are routine trips made to support daily operations—picking up supplies, handling documents, managing banking tasks, or running quick errands. When handled well, they keep the workplace efficient and reduce downtime.

Purpose

The goal of office runs is to ensure that essential resources and services are always available without disrupting workflow. This includes everything from restocking stationery to delivering or collecting important documents.

Types of Office Runs

Office runs typically fall into a few categories:

* Supply runs: Purchasing office materials like paper, ink, cleaning products, or pantry items
* Administrative errands: Submitting forms, handling courier services, or visiting government offices
* Financial tasks: Bank deposits, withdrawals, or payment processing
* Logistics support: Picking up or delivering items between offices, clients, or vendors

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okocha170:
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okocha170:
still available