CBN Devalues The Nigerian Naira; Sets Exchange Rate At ₦168 To A Dollar

These are not the best of times for the
Nigerian Naira as the dwindling oil price in
international market has affected the value
of the Naira.
The Central Bank of Nigeria today
announced the devaluation of the Naira,
pegging the Dollar to Naira exchange rate
at N168 to a dollar as against the N155 it
was previously.
Announcing the new exchange rate at the
apex bank's Monetary Policy Committee
meeting in Abuja, the Central Bank
Governor, Mr Godwin Emefiele said the
devaluation of the Naira against the dollar is
to strengthen the Nigerian currency in the
face of the falling international oil price. He
called on the Federal government and the
National Assembly to speed up the process
towards the immediate passage of the
Petroleum Industry Bill, PIB, which has been
pending passage for the past two years.

Comments

Thousands of children orphaned by Ebola abandoned, stigmatized

Ebola has orphaned thousands of children in West Africa, and relatives are terrified of taking them in for fear of infection, the United Nations said. About 3,700 children in Guinea, Liberia and Sierra Leone have lost one or both parents to the disease, according to U.N. child agency, UNICEF. In addition to mourning the loss of caregivers in the three hardest-hit nations, the children feel abandoned and stigmatized. "Orphans are usually taken in by a member of the extended family, but in some communities, the fear surrounding Ebola is becoming stronger than family ties," said Manuel Fontaine, UNICEF's regional director.

This is serious- Fck you,Fuck your whole generation, You are fake,a bstard – Olamide Blasts Don Jazzy…See Why Here!

After Olamide stormed off the stage,Donjazzy took to the stage as he won his lifetime award and addressed Olamide (Who didn’t mention his name initially) …. Donjazzy said he was hurt that Olamide felt cheated .He said he had told his boys not to be worried about the Nextrated category ,,He also said he promised to buy them cars (which comes with the award)..He he Mavin ended his statement with the words “Egbon olamide, if it is car you want, come and collect it ” He then stormed off the stage with the Mavin crew..

Davido shares adorable moments with daughter Imade(Photos)

After being away for a while, the proud father got to chill with his daughter before leaving again..See more below

optofem

Search This Blog