REBELS TO WITHDRAW FROM KEY DR CONGO TOWN 'AFTER US REQUEST'. (PHOTO)

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 Rebels to withdraw from key DR Congo town 'after US request' The M23 rebel group has said it would withdraw from the eastern DR Congo town of Uvira at the request of the US administration, which had criticised seizure of the town last week as a threat to mediation efforts. The rebels entered Uvira, on the border with Burundi, less than a week after the presidents of Congo and Rwanda met with US President Donald Trump in Washington and affirmed their commitment to a peace deal known as the Washington Accords. US Secretary of State Marco Rubio said on Saturday that Rwanda's actions in eastern Congo violated the Washington Accords and vowed to "take action to ensure promises made to the President are kept." A report by a United Nations group of experts in July said Rwanda exercised command and control over the rebels. Rwanda denies supporting M23 and has blamed Congolese and Burundian forces for the renewed fighting. Corneille Nangaa, leader of the Congo River Allia...
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SENATE: BILL TO BAN THE USE OF FOREIGN CURRENCIES IN NIGERIA PASSES FIRST READING. (PHOTO).

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 Senate Bill to Ban Use of Foreign Currencies in Nigeria Passes First Reading


A bill aimed at banning the use of foreign currencies in Nigeria has passed its first reading in the Senate. The bill, titled "A Bill for an Act to Alter the Central Bank of Nigeria Act, 2007, No. 7, to Prohibit the Use of Foreign Currencies for Remuneration and Other Related Matters," was introduced by Senator Ned Nwoko, Chairman of the Senate Committee on Reparations and Repatriation.


The proposed legislation seeks to mandate that all payments, including salaries and other transactions, be conducted using the local currency, the naira. Senator Nwoko argued that the widespread use of foreign currencies in Nigeria undermines the naira’s value and exacerbates the country's economic challenges. He also described the reliance on currencies such as the Dollar and Pound Sterling as a colonial legacy that continues to hinder Nigeria’s economic independence.

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