TRIAL BEGINS OF CENTRAL AFRICAN EX-PRESIDENT BOZIZE OVER WAR CRIMES. (PHOTO).

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 Trial begins of Central African ex-president Bozize over war crimes A UN-backed court in the the Central African Republic will on Tuesday begin the trial in absentia of former president Francois Bozize, over crimes against humanity committed between 2009 and 2013. The alleged crimes committed by members of Bozize's security forces include murder, enforced disappearance, torture and rape. Bozize, 79, who seized power in a 2003 coup before being overthrown 10 years later by rebels, has been living in exile in Guinea-Bissau since March 2023. But three of his former senior military officers, Eugene Barret Ngaikosset, Vianney Semndiro and Firmin Junior Danboy, are all in pre-trial detention in the Central African Republic. Crimes against humanity The case will be heard by the Special Criminal Court (SCC), a hybrid jurisdiction located in the capital Bangui with Central African and foreign judges. In February 2024, the SCC issued an international arrest warrant for the former president ...
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NAIRA DOWN TO N1, 600/$ IN PARALLEL MARKET. (PHOTO).

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 Naira down to N1,600/$ in parallel market


The Naira yesterday depreciated to N1, 600 per dollar in the parallel market from N1,590 per dollar last weekend.


However, the Naira appreciated to N1,579.22 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,579.22 per dollar from N1,579.89 per dollar last week Friday, indicating 67 kobo appreciation for the naira.


The volume of dollars traded in the market increased by 41.4 per cent to $162.99 million from $115.23 million traded last weekend. Consequently, the margin between the parallel market and NAFEM rate widened to N20.78 per dollar from N10.11 per dollar last week Friday.

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