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Naira Appreciates To N1,485/$ In Parallel Market

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However, the Naira depreciated to N1,485.36 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.

Yesterday, the Naira strengthened in the parallel market to N1,485 per dollar, up from N1,490 per dollar on Wednesday.

However, the Naira depreciated to N1,485.36 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. READ FULL STORY HERE>>>CLICK HERE TO CONTINUE READING>>>

Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,485.06 per dollar from N1,483.02 per dollar on Wednesday, indicating N2.04 depreciation for the naira.

Consequently, the margin between the parallel market and NAFEM rates narrowed to 36 kobo per dollar from N6.98 per dollar on Wednesday.

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Bandits Kill Four, Kidnap 150 In Zamfara

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Four persons have been killed while 150 others including two babies aged six and eight months, were abducted by bandits in Dan Isa village, Kaura Namoda Local Government Area of Zamfara State.

A resident of Dan Isa, whose wife and son were abducted, confirmed the incident to Daily Trust

The resident, who pleaded anonymity, said the bandits stormed the village around 3pm on Sunday, July 14, and operated for six hours.

According to him, the bandits arrived on about 150 motorbikes, each carrying three people, and began shooting sporadically, causing residents to flee for safety.

“My wife, Na’imah and our six-month-old child, Sudais, were among the victims. My brother’s wife, Aisha, and her eight-month-old child were also abducted. Several women and children were taken during the attack,” he said.

Another resident recounted that Hajiya Rakiya, wife of Wamban Dan Isa, Alhaji Bello Halilu, was abducted, and other women were injured in Mr. Halilu’s house.

Two wives of Wamban Dan Isa’s younger brother, Malama Luba and Malama Talatu, were also kidnapped, he added.

 

“I also learnt that Malam Musa Ajiya was among the people that escaped from the bandits but four women including his wife, Suwaiba, and the wife of Shafi’u, his younger brother, were all abducted in his residence,” he said. READ FULL STORY HERE>>>CLICK HERE TO CONTINUE READING>>>

Aminu Bello Dan Isa, another resident, said that the attack was carried out by a gang led by a notorious bandit called Alhaji Shehu Bagiwa.

Though sources said Bagiwa did not participate in the heinous act directly, escaped women reported seeing his lieutenant, Aminu Baka-da-dadi, leading the operation



“Some women who escaped returned with fractured legs and various injuries, having been beaten by the bandits in the bush before they managed to flee,”
Dan Isa said.

The village has since been deserted, with residents relocating to places like Kasuwar Daji, Rawayya, Gyambarawa, and Gusau, due to fear of further attacks.

Residents appealed to the government for assistance, urging the deployment of soldiers to the area.

They stressed the need to eliminate bandits, especially notorious ones such as Bagiwa and Baka-da-dadi.

“We need more security personnel around us otherwise we will not go back to the village,” Aminu Bello said.

“Previously, we had soldiers in the village but since they were taken to another place, the bandits returned to the area, attacking us almost all the time

The bandits are heartless and merciless human beings. Once they are eliminated, things will normalise in the area; they are our problem in this part of the state,” he said.

 

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It Is Disrespectful And Rude

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Kate Henshaw

Popular Nigerian actress, Kate Henshaw has taken to the X platform to speak against  the concept of “African time.”

This term is often used to excuse lateness in many African societies.

Henshaw shared her thoughts on X, strongly criticizing the habit of tardiness. READ FULL STORY HERE>>>CLICK HERE TO CONTINUE READING>>>

She wrote, “There is nothing like ‘African time.’ You are disrespectful and rude!! If it comes to money matters, you will be very early or you have an embassy appointment! Miss me with that attitude. I detest tardiness.”

Kate

The actress’s message highlights her frustration with people using cultural norms as an excuse for being late.

She pointed out that the same individuals who are late for other appointments can be punctual when it comes to financial matters or important meetings like embassy appointments.

Kate’s post resonated with many of her followers, who agreed with her stance against the “African time” concept.

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Binance Executive, Gambaryan Arrives Courtroom in Wheelchair

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Detained Binance executive, Tigran Gambaryan has arrived court in a whieel chair.

 

During his appearance on Tuesday at the Federal High Court in Abuja, Gambaryan, was seen dressed in a black T-shirt with a blue jeans trousers.

 

He is facing a money laundering charge alongside the cryptocurrency firm.

 

When the matter was called, Gambaryan stood up from the wheelchair and walked slowly into the dock.

 

The Economic and Financial Crimes Commission (EFCC)’s lawyer, Ogechi Ujam, told the court that though the matter was scheduled for continuation of trial, the commission’s lead counsel, Ekele Iheanacho, was not in court.

 

Ujam prayed the court to stand down the matter to enable Iheanacho conduct the trial. READ FULL STORY HERE>>>CLICK HERE TO CONTINUE READING>>>

 

Babatunde Fagbohunlu, SAN, who appeared for Binance (1st defendant) and Mark Mordi, SAN, who represented Gambaryan, did not oppose the application.

 

 

Justice Emeka Nwite stepped down the matter until 12pm.

 

Recall that Justice Nwite had, on July 5, ordered the management of the Nigerian Correctional Service (NCoS) to release the medical certificate of Gambaryan on or before July 16.

 

The judge gave the order following an application by Gambaryan’s lawyer, Mordi.

 

Mordi had prayed the court to summon the medical doctor at the health facility of Kuje Correctional Centre, to explain why he had allegedly refused to make available his client’s medical report despite earlier court order.

 

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