The Central Bank of Nigeria, yesterday, devalued the national currency, the Naira, as it moved the midpoint of the official window of the foreign exchange market from N155 to N168 to the one US Dollar. This means that the Naira will exchange between N168 and N174 to the dollar at the foreign exchange market. Official devaluation of the naira became inevitable as a result of reduction in government revenue from oil production and sales. The devaluation will increase the volume of Naira available to the federation account and to various levels of government to prosecute their local programmes.

A Federal High Court sitting in Abuja, yesterday, struck out the three-count terrorism charge preferred against Aminu Ogwuche, the alleged mastermind of the April 14, 2014 bomb blast that killed more than 75 persons and injured 120 others at a crowded motor park in Nyanya Abuja.

The charges was entered against him by the Inspector-General of Police.

More reactions have continued to trail last Thursday’s invasion of the National Assembly by the police as former Chairman of the ruling Peoples Democratic Party, PDP, Alhaji Bamanga Tukur; a Senior Advocate of Nigeria, Chief Adeniyi Akintola and various groups and professional associations have condemned the invasion and called for caution.

From the All Progressives Congress (APC), yesterday, came a stern warning to the Presidency: Shelve any plan to arrest the Speaker of the House of Representatives, Rt. Hon. Aminu Tambuwal.

The opposition party said government would be pouring petrol on naked fire if Tambuwal was arrested. The warning was issued on a day the National Security Adviser, Sambo Dasuki, and the police denied that any move to arrest the Speaker was being contemplated.

The Supreme Court, yesterday, voided the impeachment of the Deputy Governor of Taraba State, Alhaji Sani Abubakar by the State House of Assembly.

Heavily armed policemen, yesterday, invaded the National Assembly complex, tear-gassed and tried to prevent members of the House of Representatives, including the Speaker, Hon Aminu Waziri Tambuwal, from entering the complex.

The All Progressives Congress, APC, presidential aspirant and former Head of State, Gen.Muhammadu Buhari; APC National Chairman, John Odigie-Oyegun and Rivers State Governor, Chibuike Amaechi, yesterday, led thousands of party supporters in a protest rally in Abuja, accusing the Peoples Democratic Party, PDP-led Federal Government of playing politics with Boko Haram.

The fortunes of the national currency, the Naira took a sharp turn downwards yesterday as it fell by 270 kobo, with the parallel market exchange rate rising to N180 per dollar from N177.3 on Monday.

The Federal Government, yesterday, introduced some austerity measures and scaled down the crude oil bench mark for the 2015 budget.

National Chairman of the Independent National Electoral Commission, INEC, Professor Attahiru Jega, has issued a query to Resident Electoral Commissioners, RECs, in the South for not going along with the suspended lopsided and illegal allocation of 30,000 Polling Units, PUs.