DUTCH REFEREE ROB DIEPERINK DIES WEEKS AFTER REMOVAL FROM WORLD CUP OFFICIATING LIST. (PHOTO).

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 Dutch referee Rob Dieperink dies weeks after removal from World Cup officiating list Dutch referee Rob Dieperink has died at the age of 38, weeks after FIFA removed him from its list of officials for the World Cup. The Dutch Football Association (KNVB) confirmed his death in a statement, saying it was “shocked and deeply saddened” by the news. His cause of death has not been disclosed. Dieperink was arrested in April by the Metropolitan Police in the United Kingdom following a report of an alleged sexual assault involving a teenage boy in London. A Metropolitan Police spokesperson said officers responded on April 9 to a report of sexual assault at an address in Croydon and arrested a man in his 30s on suspicion of the offence. Police later said that after reviewing available evidence, including CCTV footage and digital devices, the investigation had concluded that “the evidential threshold had not been met” and no further action would be taken. Following the investigation, FIFA co...
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NAIRA DEPRECIATES TO N1, 500/$ AT PARALLEL MARKET. (PHOTO).

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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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