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CBN hopeful Naira’ll settle at N250 per dollar

THE Central Bank of Nigeria, CBN is “reasonably optimistic” the naira will settle at around N250 to the U.S. dollar after an initial period of weakness following a flotation on Monday, the bank’s governor has said in a letter to President Muhammadu Buhari. Central Bank said on Wednesday it would begin market-driven foreign currency trading next week, abandoning the peg of 197 naira per dollar that it has supported for 16 months.

 Relationships: I have lived with him for 19 years, will he ever propose?  

My boyfriend and I have been together for almost 20 years and we have two children whom he takes full responsibility for. We’ve discussed marriage but he says with the high rate of divorce and the experience he’s had living in a polygamous home, he doesn’t want the hassle of a divorce if we ever split up. Everyone around me is married, but my man simply refuses. I feel so rejected, we don’t live together. Do you think he’s using me?

Chelsea retain Mikel, Omeruo, Moses

The Premier League have announced players released and retained by their clubs for the 2016/17 season. John Obi Mikel, Victor Moses and Kenneth Omeruo have all been retained by Chelsea for next season.

Jonathan falls short of $5m Mo Ibrahim Prize

Former President Goodluck Jonathan has failed to win the prestigious $5 million Mo Ibrahim Prize for Achievement in African Leadership despite meeting a key criterion.

FirstBank, Zenith, UBA, GTB okay as FX dealers

As banks begin to settle into the dynamics of the flexible foreign exchange regime, which will take effect from Monday, the Central Bank of Nigeria, CBN, is set to name the lead players in the foreign exchange market today.

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