SEVEN DEAD AS TRUCK CRASHES INTO VEHICLES ON LAGOS-IBADAN EXPRESSWAY. (PHOTO).

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 Seven dead as truck crashes into vehicles on Lagos-Ibadan expressway The Federal Road Safety Corps, FRSC, has said seven persons lost their lives while four others were injured when a truck lost control and crashed into two other vehicles along the Lagos/ Ibadan expressway on Saturday morning Ogun State Sector’s Route Commander and Chief Public Education Officer of the FRSC, Florence Okupe, confirmed the ghastly accident in a statement in Abeokuta, the state capital. According to the statement, a total of 15 people comprising 13 male adults and two females were involved in the accident. The statement indicated that those injured were three male adults and one female adult while the six male adults and one female adults lost their lives. The FRSC spokesperson attributed the crash to excessive speed by the Mack truck driver, which led to loss of control and ramming into the other two vehicles. “The injured victims were taken to Divine Touch Hospital and Glory Center Hospital Ibafo w...
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CBN ANNOUNCES UNIFICATION OF ALL FOREIGN EXCHANGE RATE WINDOWS. (PHOTOS).#PRESS RELEASE

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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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