A MANHUNT IS UNDERWAY FOR MAN WHO SHOT A GRANITE CITY POLICE OFFICER MULTIPLE TIMES.(PHOTO).

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  A manhunt is underway for man who shot a Granite City Police Officer multiple times. Officers in Granite City, Illinois, responded to a call regarding a unwanted subject near the 2000 block of Johnson Road at 2:20 p.m. on Friday, December 5th. Upon arrival, officers attempted to make contact with the suspect. The suspect opened fire on officers before fleeing the scene.  Unfortunately, one officer was struck multiple times. The officer was rushed to a St. Louis University Hospital. He is expected to make a full recovery.  A massive manhunt is now underway to locate the suspect. Authorities warn the public that the man is considered armed and dangerous. If you do see him, do not approach, but rather call 911 immediately.  If you recognize the man in the photos or have any information regarding this incident, please call the Granite City Police Department at 1618-877-6111 There was a heavy police presence in Granite City in a different part of town tonight but that w...
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NIGERIAN NAIRA FALLS TO RECORD LOW ON OFFICIAL MARKET.(PHOTO).

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Nigerian naira falls to record low on official market

(Reuters) - Nigeria's naira dropped to a record low against the dollar on the official market on Tuesday in thin trading, swinging widely to levels seen on the unofficial parallel market, where the currency trades freely.

The naira fell as low as 1,248 to the dollar, during mid-day trading, LSEG data showed after it opened at 927 naira on Tuesday. It later recovered to 845 naira.

Central Bank of Nigeria Governor Olayemi Cardoso has said he would allow market forces to determine exchange rates while setting clear, transparent and harmonised rules governing market operations.

The comments and chronic dollar shortages on the official market have prompted the naira's official exchange rate to drift towards the parallel market level.

The currency sold at around 1,225 naira on the parallel market on Tuesday, while it was quoted at 1,002.50 naira on the one month non-deliverable forwards market .

 

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