AG MOVES TO DECONGEST ANAMBRA CORRECTIONAL CENTRES AS CONTROLLER OF CORRECTIONS PAYS VISIT.(PHOTO). #PRESS RELEASE.

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 AG Moves to Decongest  Anambra Correctional Centres as Controller of Corrections Pays Visit. By Chinelo Okeke The Anambra State Attorney General and Commissioner for Justice, Barr. Tobechukwu Nweke SAN, has reiterated his commitment to decongest correctional centres across the state through speedy dispensation of justice. Nweke made this known when the Anambra State Controller of Corrections, Ezinne Emele Onuoha, paid him a courtesy visit in his chambers at the Ministry of Justice, Awka. Speaking during the meeting, the Attorney General said many inmates remained in correctional facilities without trial, while some families were unaware of the whereabouts of their relatives in custody. He directed that a comprehensive inventory of inmates in all correctional centres in the state be compiled, especially awaiting-trial inmates, those granted bail but yet to perfect their bail conditions, those denied bail and remanded, as well as convicted persons serving various jail terms. Ac...
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NAIRA DOWN TO N1,410/$ IN PARALLEL MARKET.(PHOTO).

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 Naira down to N1,410/$ in parallel market

The Naira yesterday depreciated to N1,410 per dollar in the parallel market, from N1,395 per dollar last weekend. However, the Naira appreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,354.21 per dollar.


Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,354.21per dollar from N1,400.4 per dollar last week Friday, indicating N46.19 appreciation for the naira.


The market recorded an intraday high of N1,441 per dollar and an intraday low of N1,285 per dollar resulting in a margin of N156 per dollar. The volume of dollars traded (turnover) in the market declined by 58 percent to $84.83 million from $201.88 million traded the previous day.


Consequently, the margin between the parallel market and NAFEM rates widened to N55.79 per dollar from N5.4 per dollar last Friday.

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