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Naira rises to N1,560/$ in parallel market

Naira rises to N1,560/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday appreciated to N1, 560 per dollar in the parallel market from N1,570 per dollar on Wednesday. But the Naira depreciated to N1,540 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira […]

Appeal Court declares detention of 12-yr-old boy illegal, fines SSS N5m — IPOB counsel

Appeal Court declares detention of 12-yr-old boy illegal, fines SSS N5m — IPOB counsel

By Chinonso Alozie Owerri—The Counsel to the Indigenous People of Biafra, IPOB, Ifeanyi Ejiofor, yesterday saidthe Court of Appeal sitting in Enugu presided over by Justice Abdul-Azeez Waziri, has upheld the judgment of the Enugu State High Court which declared the arrest and detention of Stephen Egwuatu by the State Security Services, SSS, as unlawful […]