NAIRA APPRECIATES MASSIVELY AGAINST DOLLAR AA FX SUPPLY RISE. (PHOTO).

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 Naira appreciates massively against dollar as FX supply rise The naira appreciated significantly against the dollar at the foreign exchange market as FX supply increased on Tuesday. FMDQ data showed that the naira gained to N1561.76 against the dollar on Tuesday from N1635.15 exchanged on Monday. This represents an N73.39 appreciation. Meanwhile, the naira fell further against the dollar at the black market to N1780 per dollar on Tuesday. The foreign currency transaction turnover increased to $253.68 million on Tuesday. $126.24 million traded on Monday, according to FMDQ data. The last time the naira appreciated at the official foreign exchange market was last Friday when it stood at N1631.21 per dollar. Fluctuations in the FX market have been a recurring decimal despite the interventions of the Central Bank of Nigeria in the past months.
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AN OPEN LETTER FROM DELE MOMODU TO NYESOM EZENWO WIKE- CON, GSSRS. (PHOTO)

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 AN Open Letter From Dele Momodu To Nyesom Ezenwo Wike - CON, GSSRS .


EARLIER WARNING:


"MY KOBO ADVICE TO GOVERNOR NYESOM WIKE...


My dear Brother, good evening. 


I have watched you in recent months with trepidation. I'm scared about your inability to comprehend the country called Nigeria. You must have underrated how the owners of Nigeria operate. I studied the biography of CHIEF OBAFEMI AWOLOWO. I was an insider in the June 12 1993 crisis, and a veritable witness to the tribulations of my great mentor, CHIEF MOSHOOD ABIOLA. Closer home, you must have seen how your predecessor, DR PETER ODILI, was stopped in his tracks in 2007. 


You're certainly one of Nigeria's best performing Governors, if not the best. Personally, I'm very proud of your uncommon achievements. I know you are very angry. It is your right to be. But I'm begging you in the name of God not to take decisions based on anger... Nigeria has been very kind to you. Rivers State has been extremely generous to you. GOD has blessed you beyond imagination. You have such a beautiful family. Your people love you stupendously for services delivered to them. PDP has been your solid platform. You should never destroy a bridge after crossing the river. Even if you no longer need the bridge, what of your friends and family? 


I pray you kill this excessive and perpetual ANGER. It is getting out of hand. Most people around you will keep quiet for fear of losing patronage. Many politicians survive only on power. 


My Brother, I love you. But someone must be able to tell you the truth. 


No General fights on too many fronts. Please, apply the brakes, before it is too late..."

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