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Showing posts from November, 2021

BREAKING: No one died at Lekki Tollgate During #EndSars Protest - Gov Sanwo Olu

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Governor Babajide Sanwo-Olu on Tuesday said the conclusion of Lagos State Judicial Panel on Police Brutality to the effect that protesters were killed by soldiers in Lekki on October 20, 2020, was based on assumptions and speculations and not facts. Mr Sanwo-Olu adopted the state’s white paper of the panel’s recommendations that were submitted earlier this month.

police shot young man to dead over ₦50 bribe in jalingo.

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Breaking:  Police killed young man in Jalingo Over minor misunderstanding. A  young man Oliver Ezra has been shot dead by a suspected to be police officer. Mr. Oliver is believed to have been brutally killed from a gunfire at a checkpoint in Jalingo, the capital of Taraba State. The deceased was a Personal Assistant to the Executive Chairman of Lau Local Government Area in Taraba State. A picture of Oliver Ezra who is a son of late Pastor Ezra has gone viral on social media with a hashtag #Justice4Oliver #PoliceBrutality  Sympathisers are calling on the  Taraba State Police Commissioner to immediately ensure all involved in these act are arrested immediately and prosecuted.

Why Naira is gaining against US dollar at the black market 

NEWSBUSINESS November 17, 2021   Naira strengthened against the US dollar last week to a 2-month high of N535/$1 at the black market, thereby reducing the gap between the parallel and the official rates; an uptick that was driven by a significant drop in demand for FX at the black market. @onlinenewsnigeria - WE ARE HERE TO ENRICH YOUR LIFE AND TO INFORM, EDUCATE AND ENTERTAIN YOU WHEREVER YOU ARE. FOLLOW US. Nairametrics reported that the exchange rate, which had hovered around N570 to N572 to a dollar since September, gained over 600 basis points to N535/$1 in the early hours of Thursday, last week as BDC operators hinged it to improved forex liquidity and decrease in demand. It currently trades between N545-N550 at the black market depending on who you buy from. Meanwhile, the gain at the black market has been attributed to a couple of factors, ranging from crude oil rally, boost in external reserves, increased corporate loans from the international debt market, workers remittances