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Tuesday, 12 January 2016

Shehu Sani's suspension invalid- APC national body says

The leadership of the APC says the suspension of Senator Shehu Sani from Tudun Wada ward of the All Progressives Congress in Kaduna state is invalid and not binding. The APC members in the ward had in December last year, suspended Sani over allegations of him working against the state governor, Nasir El Rufai.

CBN stops payment of forex to Bureau De Change operators

Below is the press statement from Central Bank of Nigeria on Foreign Exchange deposits in commercial banks and sales to Bureau De Change by Governor of Central Bank, Godwin Emefiele.
1. Good afternoon ladies and gentlemen and welcome to the Central Bank of Nigeria (CBN). The Management of the Bank has called this Press Conference to give you updates on recent developments in our Foreign Exchange Market as well as the decisions we have taken to ensure that we continue to strive to attain our mandates as set out in the CBN Act of 2 007.