See full Details of the New FOREX Management Guidelines

The Central Bank of Nigeria (CBN) has unveiled new guidelines in the management of Foreign Exchange (FX) which will be determined by the market and primary dealers.

The CBN Governor, Godwin Emefiele, made the announcement on Wednesday in Abuja at a briefing to unveil the Framework for Re-introduction of Managed Float Exchange Rate System.

He said the re-introduction of a flexible inter-bank exchange rate market will restore the automatic adjustment mechanism of the exchange rate.

Lagos taskforce arrest notorious ‘Awawaa Boys’ deadly leader

Tobi Akinbayo a.k.a (Scorpion), 28, and two others, Muyideen Olayinka and Ibrahim Olaniran were arrested yesterday at Aluminium Village, Dopemu, Agege, Lagos State, after reported cases of rape, armed robbery and killing of innocent citizens by the ‘Awawaa Boys’ became worrysome.

Scorpion confessed that he and his boys raped, burgled and killed innocent citizens who confronted them during any of their operations. He added that they forcefully raped one Rufia Ogunbowale the daughter of Taiwo Iyabo on the 5th of May, 2016.

Any Student Wearing Unauthorized Uniform In Osun Will Be Expelled -Aregbesola Warns

Osun State governor, Rauf Aregbesola, has restated that no student is allowed to put on unauthorized uniforms to school in the state.

Aregbesola’s warning is coming following the instruction of the Christian Association of Nigeria in the state that students should appear in school in church garments.
The Christian body said since the state government has refused to ban the use of hijab by the Muslim counterparts, they would also follow the same trend.
Following the order, DAILY POST gathered that some students of Baptist High School, Iwo stormed the school wearing different church garments.

Boko Haram Kills 4 Vigilantes While Others Surrender To Military - photos

Some elements of Boko Haram terrorists on 6 motorcycles yesterday attacked Kutuva village in which they killed 4 persons and abducted 4 women from the village.

Consequently, the local vigilante in Kaya mobilized immediately to the village and trailed the terrorists up to their suspected hideout located somewhere south of Sabon Garin Bale.

The vigilantes did their best by engaging the terrorists, unfortunately they escaped into the bush.

EFCC Freezes Tompolo’s N3billion Account

THE EFCC has frozen a bank account belonging to a wanted ex-militant, Government Ekemupolo, who is popularly known as Tompolo. The anti-graft agency found N3bn in the account and had frozen it pending outcome of court processes.


An operative of the anti-graft agency, who spoke to Punch on condition of anonymity, said: "During investigations into the fraud at NIMASA (Nigerian Maritime Administration and Safety Agency), we traced about N3bn to a bank account, which is owned by Tompolo.

The Orlando massacre: the lies, the exploitation and unasked questions

This article was written for the Unz Review:http://www.unz.com/tsaker/the-orlando-massacre-the-lies-the-exploitation-and-unasked-questions/

The “Islamic homophobe” thesis bites the dust in less than 24 hours

Right from the start, the Orlando shooting made no sense to me and I said so pretty clearly in an article I posted the same day. You can read the full article here, so I will only mention my main conclusion: that this event had nothing to do with homosexuality, Islam or guns and that: