TROOPS OF OPERATION WHIRL STROKE ARREST HIGH PROFILE CRIMINAL IN BENUE COMMUNITY. (PHOTO).#PRESS RELEASE

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 TROOPS OF OPERATION WHIRL STROKE ARREST HIGH PROFILE CRIMINAL IN BENUE COMMUNITY Troops of Operation WHIRL STROKE arrested a high-profile suspected criminal during an intelligence-driven operation in Agasha Village of Guma Local Government Area, Benue State, following a report of an attack on a local resident. The operation was launched on 13 March 2026 after security agencies received credible information regarding an attack on Mr Shaapera Seeta Michael in Agasha Village. Acting swiftly on the report, troops of the Chief of Army Staff (COAS) Intervention Battalion XI deployed under Operation WHIRL STROKE mobilised immediately to the affected area to track down the suspect responsible for the assault. Upon arrival, the troops cordoned the area to prevent the suspect from escaping while conducting a targeted search operation aimed at identifying and apprehending the alleged attacker. The suspected militia member identified as Mr Suurnen David Akum, aged 27, from Agasha Village in G...

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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