A PRIEST IN ANAMBRA STATE WEDDED A COUPLE YESTERDAY, DESPITE DISPUTES WITH THE BRIDE’S FATHER. (PHOTOS).

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 A priest in Anambra State wedded a couple yesterday, despite disputes with the bride’s father In a video circulating online, the Reverend Father narrated that The father of the bride who is from Nteje had insisted that the wedding should not take place unless his daughter swøre never to associate with his mother whom he has a quarrel with. The conflict arose from past marriage issues between the father and her mother. Before the wedding, the father repeatedly met with the priest, warning that he had already taken the bride's mother to a deity and that the girl must follow him to the shrine to appease that deity before the marriage can go on. For peace to prevail, the priest advised the couple to comply with all the father’s requests so the wedding could proceed, the priest even donated some of the items that the brides father told her to bring to use in appeasing the deity. However, when they reached the shr|ne, the father suddenly changed his demand, insisting the daughter take a...

NAIRA DEPRECIATES TO N1, 500/$ AT PARALLEL MARKET. (PHOTO).


Naira depreciates to N1,500/$ at parallel market

The Nigerian naira, on Wednesday, depreciated to N1,500 at the parallel section of the market.

The rate is a 3.45 percent decrease from the N1,450 per dollar recorded on Monday.

Currency traders in Lagos, also known as Bureau De Change operators (BDCs), quoted the buying rate of the greenback at N1,490 and the selling price at N1,500 — leaving a profit margin of N10.

At the official window, the local currency appreciated by 1.05 percent to N1,418/$ on Wednesday — from N1,433/$ on Tuesday.

According to FMDQ Exchange, a platform that oversees official foreign exchange (FX) trading in Nigeria, the naira traded as high as N1,510 and as low as N896.28 — with a daily turnover of $203.93 million.

Meanwhile, on February 1, 2024, the Central Bank of Nigeria (CBN), continued its foreign exchange market reforms by removing the limit on the FX rate quoted by international money transfer operators (IMTOs).

“For the avoidance of doubt, by this circular, the cap on allowable limit of -2.5% to +2.5% around the previous day’s closing rate of the Nigerian Foreign Exchange Market is hereby removed,” the apex bank said.

CBN instructed the money transfer operators to quote exchange rates based on the prevailing market rates at the FX market.

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