Naira trades at N1,620/$ as depreciation enters fifth day in parallel market

The naira traded at N1,620 on Thursday, extending its depreciation streak to five days at the parallel section of the foreign exchange (FX) market. The local currency depreciated by 0.3 percent from the N1,615 per dollar traded on July 17. Currency traders, known as bureau de change (BDC) operators, quoted the buying rate of the naira as N1,600 and the selling…

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Biden needs to seriously reconsider re-election bid – says Obama

Former US president Barack Obama has told allies that Joe Biden needs to reconsider his reelection bid, the Washington Post reported on Thursday. Obama believes that Biden’s path to victory has diminished and that the 81-year-old should “seriously consider the viability of his candidacy,” the newspaper said, citing people briefed on his thinking. It said there was no immediate comment…

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Senate enabling executive recklessness with Ndume’s removal as chief whip – Atiku

javascript:window[“$iceContent”] Former Vice-President Atiku Abubakar says the national assembly is becoming an “enabler of executive recklessness”. In a post on X on Thursday, Abubakar condemned the removal of Ali Ndume, senator representing Borno south, as the chief whip of the senate. On Wednesday, Tahir Monguno, senator representing Borno north, took Ndume’s position following a request by Abdullahi Ganduje, national chairman of the…

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BREAKING: Kaduna Assembly Hires Foremost Human Rights Lawyer Femi Falana To Prosecute Ex-Gov El-Rufai For Mega Corruption

July 17, 2024 NEWS SaharaReporters learnt that Falana will lead a battery of lawyers to begin unravelling the monumental corruption on Thursday in Kaduna. Kaduna House Of Assembly has hired human rights lawyer, Mr Femi Falana (SAN) to prosecute the former governor of the state, Nasir El-Rufai corruption. SaharaReporters learnt that Falana will lead a…

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Why Corruption Thrives In Nigeria – Ganduje Reveals

The national chairman of the ruling All Progressives Congress (APC), Abdullahi Ganduje, has revealed why corruption continues to thrive in Nigeria. Ganduje, who spoke yesterday at a high-level meeting with national executives of political parties and other stakeholders in Abuja, organised by The Kukah Centre (TKC), said corruption thrives in the country because of its weak institutions. The former…

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Joe Bryant, Kobe’s Father, Dead At 69

Joe “Jellybean” Bryant, a former NBA player and father of Basketball Hall of Fame guard Kobe Bryant, has died at the age of 69, La Salle University announced on Tuesday. Bryant played at the Philadelphia school from 1973-1975 and coached the Explorers from 1993-96 after a career that saw him play from 1975-1983 for the NBA’s Philadelphia 76ers, then-San Diego Clippers and Houston…

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Nigerian court rejects ex-central bank chief’s request for overseas medical treatment

ABUJA, July 16 (Reuters) – A Nigerian court on Tuesday denied a request by former central bank Governor Godwin Emefiele to travel out of the country for treatment of an undisclosed ailment. Emefiele, who was granted bail for fraud charges, has also been charged with other offences, including illegally printing new banknotes and withdrawing billions…

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California becomes first US state to ban schools from telling parents if their child is tr@nsg3nder

California became the first U.S. state to ban schools from requiring staff to notify parents of their child’s gender identification change under a law signed Monday by California Governor Gavin Newsom. The law bans school rules requiring teachers and other staff to disclose a student’s gender identity or sexual orientation to any other person without…

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