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See How Low Naira Is Against Dollar

Naira on Monday plunged to an all-time low of N1,534.39 per dollar, despite recent efforts by the Central Bank of Nigeria (CBN) to strengthen the foreign exchange market through interventions.

Gatekeepers News reports that the new rate is a significant decline, amounting to 4.19% or N64.42 weaker than Friday’s closing rate of N1,469.97.

The domestic currency depreciated by 64.42% to close at N1,534.39 to a dollar at the close of business, data from the NAFEM where forex is officially traded, showed.

This represents an N64.42 loss or a 4.19% decline in the local currency compared to the N1,469.97 it closed on Friday.

The intraday high recorded was N1550/$1, while the intraday low was N1,000/$1, representing a wide spread of N550/$1.

According to data obtained from the official NAFEM window, forex turnover at the close of trading was $89.61 million, representing a 64.69% decrease compared to the previous day.

Similarly, the naira depreciated marginally at the parallel forex market where forex is sold unofficially, the exchange rate quoted at N1,490/$1, a decrease of 0.34% against N1,485 it closed the previous day.

The Great British Pound (GBP) appreciated marginally by 0.27% to close at £1/N1,885 as against £1/N1,890 the previous day while Naira also gained against the Euro by 0.63% to close at N1575/EUR1 against NI585 / EUR1 reported the previous day.

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ECOWAS Youth Ambassador, Kosisochukwu Empowers 120 Youths with JAMB Forms In Abuja, Warri.

 

An Ambassador of the ECOWAS Youth, Amb. Gideon Kosisochukwu has empowered no fewer than 120 youths in Abuja, the nation’s capital. 

The empowerment also benefitted youths of Warri, Delta State. 

He empowered the young students through scholarship scheme to enable them acquire education as a means of building their capacity and helping them face their future. 

Amb. Kosisochukwu who was represented by Amb. Dr. Temisan O. Louis CEO Mayorkings Charity Foundation said the gesture is borne out his passion to touch lives and love for education. 

He further emphasized that the exercise will be an Annual outreach to give back to the African communities.

The benefitting students who could not hide their joy expressed gratitude to Amb. Kosisochukwu for his kind gesture, praying God to open doors of favour for him.

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Police Confirm, Speak On Assassination Of Anambra Community President General – Lifestyle Nigeria

The President General (PG) of Umuoji Community in Idemili North Local Government Area of Anambra, Silas Onyima, was tragically shot dead by suspected assassins at his country home on Friday night. The confirmation of his killing came from DSP Toochukwu Ikenga, the Police Public Relations Officer (PPRO).

According to Ikenga, no arrests had been made at the time of the incident. However, he assured that investigations were underway, with the police collaborating with locals to unravel the circumstances surrounding Onyima’s death and identify the perpetrators.

Emphasizing the urgency of the situation, Ikenga stated that police personnel had been deployed to Umuoji to maintain order and ensure the safety of the community members. He urged the people to remain calm while reassuring them that the police were taking all necessary measures to address the situation effectively.

The body of the deceased was recovered and subsequently deposited in the morgue following the tragic incident.

Onyima’s untimely demise adds to the grim tally of Presidents General of Communities who have met violent ends in Anambra. The list includes Chief Ike Okolo of Obosi Community, who was murdered in January 2023, and Chief Paul Chinedu of Nanka Community, who was killed in the presence of his family in October 2021.

Similarly, Francis Onwuachi, the President General of Omor Community, suffered a similar fate in March 2021, while Chief Anthony Igboka of Nimo was gruesomely murdered in April 2019. These incidents underscore the concerning trend of violence targeting community leaders in the region, raising questions about the overall security situation and the safety of those serving their communities in leadership roles.

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New Pressure For Arrest Of Islamic Cleric Who Placed Fatwa On Remi Tinubu – Lifestyle Nigeria

More pressure has emerged for the arrest of the Islamic cleric who issued a fatwa for the killing of First Lady, Remi Tinubu for being a Christian and an infidel.

In the latest development, the Youth Wing of the Christian Association of Nigeria (YOWICAN) has raised the alarm and called for urgent action against the Islamic preacher.

In a viral Update, the cleric condemned the Muslim/Muslim ticket of President Bola Tinubu and his vice, Kashim Shettima, labeling it as a scam. Shockingly, he went further to declare that Mrs. Tinubu, as an “infidel,” should be put to death in accordance with the Quran, without providing any specific reference to support his claim.

Reacting to the cleric’s incendiary remarks and the fatwa on Remi Tinubu, YOWICAN in a communiqué following its National Executive Council (NEC) meeting in Abuja at the weekend strongly condemned the cleric’s statements and called for swift action to address the situation before it escalates further.

Expressing concern over the potential impact on national security, YOWICAN emphasized the urgency of prosecuting the cleric and urged authorities to restrict him from preaching in Nigeria as a deterrent to others.

. reports that the call from the group follows earlier condemnations from several quarters including Senator Shehu Sani who rebuked the Islami Cleric over his call for the killing of the First Lady for being a Christian. Meanwhile, the security agencies have not reacted to the development.
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