KANO EMIRATE TUSSLE: FIRE'LL CONSUME YOU- EMIR SANUSI WARNS AGAINST IGNITING CHAOS. (PHOTO).

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 Kano Emirate tussle: Fire’ll consume you ~ Emir Sanusi warns against igniting chaos. The Emir of Kano, Muhammadu Sanusi II, has warned that fire would consume any one trying to cause chaos in Kano State. This was as Sanusi said the battle over Kano Emirate belonged to God, hence residents should remain calm and resist any temptation that could cause unrest. He made the remark in a viral video while reacting to the Appeal Court judgement. The Abuja Division of the Appeal Court had nullified the order of the Federal High Court in Kano. The Kano Federal High Court had nullified Sanusi’s appointment following an emirate tussle in Kano State. The order nullifying Sanusi’s appointment was issued by Justice Abubakar Liman of the Kano Division of the Federal High Court on June 20, 2024.

CBN ANNOUNCES UNIFICATION OF ALL FOREIGN EXCHANGE RATE WINDOWS. (PHOTOS).#PRESS RELEASE


CBN announces unification of all foreign exchange rate windows

The Central Bank of Nigeria (CBN) has announced the unification of all segments of the forex market collapsing all windows into one.

What this means now, is that the exchange rate in the Nigerian Foreign Exchange (FX) Market will now be determined by market forces.

Previously, there were different windows and a fixed exchange rate system in place. However, with the recent changes, the exchange rate will be determined through the Investors and Exporters (I&E) window, where transactions will be conducted

The apex bank made the move as part of a series of immediate changes to operations in the Nigerian Foreign Exchange (FX) Market, a move that will improve liquidity and stability.

The apex bank announced this in a press release signed by the Director of Financial Markets, Angela Sere-Ejembi, PhD.
One more photo below. 

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