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Naira values at 390/dollar

It was a huge rise for the Naira as there as it recorded a major gain on Wednesday, closing at 390 per United States dollar at the parallel market, up from 405/dollar on Tuesday. This came barely 24 hours after the Central Bank of Nigeria announced the injection of $280m into the various segments of the forex market and the commencement of its weekly $20,000 sale to licensed Bureau De Change operators. Before closing at 405/dollar on Tuesday, a day after the Easter holidays, the local unit had closed flat at 410/dollar for seven consecutive days. As a result, currency analysts had expressed concerns over the exchange rate resistance to the CBN’s continued dollar supply into the forex market aimed at bridging the gap between parallel and official exchange rates. Last week, some currency analysts predicted the naira would appreciate this week if the central bank sustained its interventions in the market. Some experts, however, expressed doubt that the CBN possessed the s...
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How Lukaku Outclass Aguero In Asia Tournament.

Lukaku showed his pace and power as he put United ahead after rounding City’s debutant goalkeeper Ederson – who experienced a mixed evening – in the 37th minute and Pep Guardiola’s men crumbled again before half-time. Playing with Lukaku for the first time, Marcus Rashford was not overshadowed as he produced a clinical finish to double the lead two minutes later. Aside from Eric Bailly, Jose Mourinho named arguably his strongest XI, with David de Gea, Antonio Valencia, Victor Lindelof, Chris Smalling, Daley Blind, Ander Herrera, Paul Pogba, Henrikh Mkhitaryan, Jesse Lingard, Rashford and Lukaku in the line-up. City fans got a glimpse of Ederson and Walker for the first time, while Sergio Aguero, Kevin De Bruyne, Vincent Kompany, Raheem Sterling and Yaya Toure also started, with star recruit Bernardo Silva still away on holiday following the Confederations Cup. With the worker bee – a symbol of Manchester’s industrial heritage – on United and City’s jerseys in respect to those ...
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Police arrests three lecturers in Ambrose Ali University for alleged cultism

Some Lecturers of the Ambrose Ali University, Ekpoma have been arrested by the Edo State Police Command for allegedly practising Cultism. The Commissioner of Police, Haliru Gwandu, who disclosed this to journalists in Benin on Tuesday, added that firearms were recovered from the arrested academics. Gwandu also said that among those arrested was a professor, from whom a double-barrel gun, single-barrel gun and one pump action gun were allegedly recovered. The police commissioner said, “The professor was arrested. He was granted bail. The case is under investigation.” Gwandu’s statement came less than a week after the command refuted reports that its operatives allegedly brutalised the Dean of the Faculty of Law of the university, Prof. Sunday Edeko. The commissioner expressed displeasure over the high rate of cultism around the institution located in Esan West Local Government Area, which he said had claimed many lives. He said there had been distress calls from me...
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