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.

RIVERS CRISIS THREAT TO NATIONAL SECURITY- NATASHA. (PHOTO).


 Rivers crisis threat to national security –Natasha


The Senator representing Kogi Central, Natasha Akpoti-Uduaghan, has asked President Bola Ahmed Tinubu to intervene in the political crisis rocking Rivers State, describing it as a threat to national security and stability.


The lawmaker in a statement on Tuesday by her Chief Press Secretary, Arogbonlo Israel, also asked the FCT Minister and former Governor of Rivers State, Nyesom Wike, to allow his successor, Governor Sim Fubara, to govern the state as mandated by the constitution.


 Wike and Fubara have been at daggers drawn over the control of politics and governance in Rivers, a development which ignited political crisis in the state.


The crisis has led to killings of innocent citizens, burning down of government institutions, defection of some politicians in the state from one political party to another and breakdown of law and order.


Senator Akpoti-Uduaghan emphasised the need for presidential intervention to protect citizens’ lives and property, ensure neutrality of state institutions to promote peace and justice and prevent further escalation of the crisis.


She said, “The situation in Rivers demands urgent attention, and I implore Mr President to take decisive action to prevent further escalation. We cannot afford to watch as the crisis deepens, threatening the stability of the region. President Tinubu’s leadership is crucial in resolving this impasse.


“If left unchecked, the crisis may undermine Nigeria’s democratic progress, embolden perpetrators of violence and electoral malpractices, and threaten national security and stability.”

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