ACCORD PARTY GARNERS SUPPORT FOR GOVERNOR ADELEKE FOR SECOND TERM. (PHOTO).

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 ACCORD PARTY GARNERS SUPPORT FOR GOVERNOR ADELEKE FOR SECOND TERM Ahead of the August 15th Osun State governorship election, Accord party has urged the people of the state to re-elect Governor Ademola Adeleke, describing his administration as one that has delivered significant progress in infrastructure, education, healthcare, security and workers' welfare. In a statement, the party's National Chairman,  Maxwell Mgbudem, said Governor Adeleke's achievements justify a second term and expressed confidence that voters would support the continuity of his administration. The party also called on the Independent National Electoral Commission and security agencies to remain neutral and ensure a free, fair, credible and transparent election. It further warned against vote buying, insisting that every valid vote must count, and described the Osun governorship election as a key test of INEC's readiness for the 2027 general election.
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NAIRA FALLS TO N1, 660/$ IN PARALLEL MARKET. (PHOTO).

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  Naira Falls to N1,660/$ in Parallel Market


The Nigerian Naira has further depreciated in the parallel market, trading at N1,660 to the US dollar. This development reflects increasing pressure on the local currency amidst ongoing economic challenges.  


The decline is attributed to a combination of factors, including heightened demand for foreign exchange, reduced dollar inflows, and limited intervention from the Central Bank of Nigeria (CBN).  


Market analysts warn that the persistent depreciation could further impact inflation rates, cost of living, and the purchasing power of citizens, urging swift policy measures to stabilize the currency.

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