Day: November 28, 2020

Nigeria’s Apex Bank, CBN, Devalues Naira To 392/Dollar, Sells $1bn to BDCs

Aliyu Aliyu

. CBN sells $10,000 twice weekly to BDCs and has sold over $1 billion since September 7 when it resumed intervention The Central Bank of Nigeria (CBN) has devalued Naira to N392 per Dollar, directing bureau de change operators in the country not to sell dollars higher than the benchmark to end users. In a circular signed by O.S. Nnaji, director of trade and exchange at the CBN, and expectec to take effect from November 30 to December 14, 2020, the apex bank said the volume of sales for each…

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Call for Education Revamp as St. John High School marks 40th Founder’s Day

Damilola Olonade

  National President of St. John’s Anglican High School Old Students’ Association, Prof. Julius Soyinka, has called for a revamp of the education sector in Nigeria. All is set for the 40th Founder’s Day Celebration of St. John’s Anglican High School, Kuto Abeokuta as old students, as well as current students will roll out drums amidst pomp and pageantry to mark four decades of existence of their alma mater. In his pre-anniversary Press Conference for the event, Soyinka commended members for their commitment towards the celebrations, which he said, are germane…

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