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Trade and Exchange
The Central Bank of Nigeria (CBN) said Friday’s decision to peg the exchange rate of the Naira at N380 to the dollar is not a devaluation of the Nigerian currency.
As the Coronavirus, COVID-19, pandemic continues to take a toll on the Nigerian economy, the Central Bank of Nigeria, CBN, has technically devalued the naira to reflect market conditions as analysts and market operators said they are not surprised.
The United Kingdom High Commission has announced that its center’s across the country has reopened.
Most of the looted palliatives in warehouses across the nation were awaiting distribution to over 2 million vulnerable households, the private sector-led Coalition Against COVID (CACOVID) has explained.
Two minors and four other suspects were paraded on Monday by police in Ekiti State in connection with arson attacks on three police stations in the State.
The Ekiti State Judicial Panel of Inquiry on the Allegations of Human Rights Violations Against the Police, defunct SARS officers and other Persons has commenced its activities with a call on citizens of the State to start submitting petitions ahead of its November 2 inaugural sitting.
The British High Commission in Nigeria has asked the Federal Government of Nigeria led by President Muhammadu Buhari to investigate all killings and incidents associated with the #EndSARS protests.
Prime Minister Prayut Chan-O-Cha said Thailand needs to bring “illegal protests” under control on Monday as he opened a special parliamentary session to address months of pro-democracy rallies.
Bauchi State Governor, Bala Mohammed, has narrated how his Chief of Staff, Ladan Salihu, opened the warehouse which stores COVID-19 palliatives in the state for hoodlums.
The National Broadcasting Commission (NBC) has imposed N3 million sanction each on AIT, Channels and Arise News television stations, for alleged violation of broadcasting code in reporting the #EndSARS protests.
Palpable tension now hovers around Lagos State metropolis as suspected members of various secret cult gangs and thugs are said to have hijacked the ongoing #EndSARS protests to unleash terror in various communities in the state.
Cross River State Governor Ben Ayade on Monday announced the relaxation of imposed curfew which was originally 24 hours dusk to dusk.