A CATHOLIC PRIEST, REV. FR. SAMUEL OPEYEMI OYETORO, HAS BEEN REPORTEDLY KILLED BY UNKNOWN ASSAILANTS IN AJAOKUTA, KOGI STATE. (PHOTO).

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 Catholic priest reportedly klled in Kogi  A Catholic priest, Rev. Fr. Samuel Opeyemi Oyetoro, has been reportedly killed by unknown assailants in Ajaokuta, Kogi State. According to reports, the priest was stabbed multiple times along Ajaokuta road on Wednesday, 29th July 2026. His body was found dumped at the roadside.  Rev. Fr. Oyetoro was born in Egbe, Yagba West Local Government Area of Kogi State and a native of Ayetoro in Ijumu Local Government Area.  Until his death, he served as a priest at St. Mary’s Catholic Church, Egbe. The full circumstances surrounding the incident are still unclear, and authorities are yet to issue a comprehensive official statement.  The Catholic Diocese of Lokoja confirmed the d3ath of the priest in a statement and requested all religious and Laity to pray for the peaceful repose of his soul.” “We kindly request all priests, religious and Laity to pray for the peaceful repose of his soul during their Holy Masses and personal pra...

EGYPTIAN CENTRAL BANK GOVERNOR RESIGNS. (PHOTO).



 Cairo August 17 2022: Egyptian central bank Governor Tarek Amer resigned, a shock decision one day before an interest-rate meeting and with pressure mounting on the currency.


Amer was appointed as an adviser to President Abdel-Fattah El-Sisi, the state-run Middle East News Agency reported Wednesday. No further details were given on his resignation, and it didn’t say who would be the next governor.


Derivatives traders added to bets for a weaker pound. In the non-deliverable forwards market, the three-month contract was around 21.1 per dollar Wednesday, compared with 20.4 on Tuesday. The spot rate slipped 0.1% to 19.16 against the dollar in the offshore market.

The departure adds more uncertainty for an economy that’s under pressure from the spillover effects of Russia’s invasion of Ukraine. Amer’s drama-filled tenure included a steep currency devaluation during his first four-year stint and another in March.


Under Amer, who started his new term in January 2020, Egypt became a prime destination for hot money by keeping its currency stable and boasting the world’s highest interest rates when adjusted for inflation. Soaring consumer prices in 2022 have eroded that advantage, although a slight majority of economists surveyed before the governor’s departure expect Egypt to hike rates for the third time this year at a meeting scheduled for Thursday.

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