Tuesday, February 21, 2017
FG reportedly plans to further devalue the Naira as exchange rate now N520 to $1
The Federal government reportedly has plans to further devalue the Naira, this is accoridng toSahara Reporters. This morning the exchange rate went all time low to N520 to $1.
Recall that in May 2016, President Buhari succumbed to pressure to devalue the Naira after many months of insisting he would not because he believes devaluation would further kill the Naira.
Mr. Adakole Who Drank Insecticide Over Crash Of MMM, Finally Dies
The 37-year-old man who attempted suicide by drinking insecticide following the crash of Ponzi scheme, Mavrodi Mondial Moneybox, popularly called MMM, has been reported dead. The Benue State born man identified as Adakole, according to Daily Post, died on Monday, February 20, 2017, in Kubwa, Bwari Area Council of Abuja, the Federal Capital Territory (FCT).