A 3-YEAR-OLD BOY WAS STRUCK BY GUNFIRE AS POLICE BURST INTO A BARRICADED ROOM, ENDING A FRIGHTENING HOSTAGE SITUATION.(PHOTO).

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 A Mother's Day Nightmare in Princeton, Illinois. A 3-year-old boy was struck by gunfire as police burst into a barricaded room, ending a frightening hostage situation. Multiple agencies responded to the Hummingbird Mobile Home Park in Princeton, Illinois, on Sunday, May 10th at 2:42 a.m. The initial call went out as a domestic disturbance but officers discovered much worse.  42-year-old, Anthony Rodriguez, had barricaded himself in a room armed with a knife. Anthony had taken several people as hostages, including Aurora Almanza and her 3-year-old son.  Multiple agencies were on the scene, including the Bureau County Sheriff's Office, Illinois State Police and  the Princeton Police Department.  Authorities attempted to negotiate but ultimately rushed the room when they heard screaming coming from inside.  Officials have reported that officers fired shots as they entered the room. Anthony Rodriguez was hit and was neutralized.  Sadly, Aurora Almanza's t...
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NAIRA FALLS TO N1200/$ IN PARALLEL MARKET, GAINS 11% IN NAFEM. (PHOTO).

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Naira falls to N1200/$ in parallel market, gains 11% in NAFEM

The naira depreciated yesterday to N1,1200 per dollar in the parallel market from N1,172 per dollar on Wednesday.

However, the naira yesterday appreciated to N843.07 per dollar in the Nigerian Foreign Exchange Market (NAFEM).

Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N843.07 per dollar from N951.22 per dollar on Wednesday, indicating 11 percent or N108.15 appreciation for the naira.

As a result, the gap between the official and parallel market exchange rates widened to N356.93 per dollar yesterday from N220.78 per dollar on Wednesday.

Mr. Yakubu Ahmed, a black market trader said high demand for dollars still persists despite traders’ anticipation of a positive change in the trend of the foreign exchange rate.

“There is still high demand for dollars but little access to it. I sold a dollar today for N1,200 and bought for N1,180.  

“Though we anticipate a positive change from the current trend of depreciation of the naira.

“But most traders are still worried that the naira might be in a falling trend for a long period due to decline in foreign exchange inflows which is also affecting the official market.”

 

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