OPERATION ENDURING PEACE: TROOPS RESPOND TO DISTRESS CALL IN BASSA, REAFFIRM COMMITMENT TO PEACE AND SECURITY. (PHOTO). #PRESS RELEASE.

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 OPERATION ENDURING PEACE: TROOPS RESPOND TO DISTRESS CALL IN BASSA, REAFFIRM COMMITMENT TO PEACE AND SECURITY Headquarters Joint Task Force, Operation ENDURING PEACE (JTF-OPEP), has noted the circulation of a viral video concerning an encounter between troops and personnel of the Nigeria Police Force in Bassa Local Government Area of Plateau State. The Headquarters wishes to clarify the operational circumstances surrounding the incident.  On 20 October 2026, troops of Sector 3, Operation ENDURING PEACE, responded to a distress call reporting sporadic gunfire in Mai Farin Moto, Maraban Dere and adjoining communities, alongside reports of the killing of a local resident, Mr Adamu Suleiman. The troops were deployed to the affected area to assess the security situation, establish the circumstances of the incident, prevent escalation and protect lives and property. On arrival, the troops sought to engage the police personnel operating in the area to clarify the situation and facil...
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FOREX: BANKS SEEK CUSTOMERS TO BUY SURPLUS FOREIGN CURRENCIES.

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Image result for currencies                  Banks are seeking customers to buy surplus foreign currencies they hold following the flooding of the banks with dollars by the Central Bank of Nigeria {CBN}.In an effort to support and shore-up the value of Naira,CBN resolved to flood commercial banks with dollars.The banks are reported to be holding excess forex and were seeking customers to buy the foreign currencies.The banks have cleared the backlog of requests for foreign currencies for basic travel allowance,school fees and medicals.In a data released by the CBN,the apex bank,within three weeks,injected more than 1.4 billion dollars for both wholesale and retail intervention into the interbank Forex market.Mr Ayo Teriba,Chief Executive Officer,Economic Associates,is optimistic that the CBN would be able to sustain its intervention on the forex market.Teriba told NAN that increase in oil production and high oil prices had increased the foreign reserve base of the country,''We are back to a situation where the forex at the disposal of the CBN is likely to go up.The CBN could not intervene in the forex market in 2016 because of low oil production,prices and because foreign reserves were also low.Today,oil price is up,reserves have also gone up,the outlook of the oil prices is stable and production in Nigeria is going back to capacity; so it has the capacity to intervene.In a couple of months,the apex bank should be able to meet all of the demands and all the multiple exchange rates will converge.
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