Check Out What Is Now Happening To Our Naira

After weeks of poor performance, the Naira is bouncing back stronger. The United States dollar will further tumble against the naira at the parallel market this week as Deposit Money Banks continue to reject cash deposit of foreign currencies into customers’ domiciliary accounts.

The Naira had appreciated from 245 to 220 to a Dollar at the parallel market last week after banks started refusing to allow customers make cash deposits of foreign currency into their domiciliary accounts.

As at Monday morning in Lagos and Abuja, the Naira has appreciate further.

Foreign exchange dealers told PUNCH that the naira would likely appreciate further against the dollar at the black market this week.

A forex trader said, “We expect the naira to appreciate further this week at the parallel market. Banks have flooded the market with dollars and other foreign currencies. This is making the naira to appreciate. There is still a huge stock of dollars out there that the banks will be pushing into the parallel market this week.”

Banks had last week told customers they would no longer collect cash deposits into domiciliary accounts.

The CBN Governor, Godwin Emefiele, had two weeks ago said the naira was “appropriately priced” at its current level of 197 to the dollar on the interbank market, which is the official market.

Why Should A Lady Dress Like This To A Party?

In the name of freedom to wear anything 'I like' some babes are just acting crazy. See the full photos...

Pastor Caught in The Act with A Girl in Cemetery in Delta State

When people engage in wickedness, I just wonder the kind of stone they carry in their hearts. A Pastor of one of the Pentecostal churches in Delta state has been arrested by the Police at a cemetery at a notorious village known as Ozoro, while performing rituals acts together with a teenage girl.

Photo: A Beijing police officer pulls the newborn baby out of the toilet where she had been abandoned

Heartbreaking photographs capture the moment a newborn baby was rescued from inside a Beijing public toilet after her mother gave birth and walked away.

The child became stuck, head-first, down the pipe of the toilet, and was discovered by the police after members of the public called them to say they could hear a baby crying.

Pictures show a traumatized police officer lifting the tiny infant to safety from the toilet in the floor.   

Abandoned: A Beijing police officer pulls the newborn baby out of the toilet where she had been abandoned

Tragic: The baby was stuck head-first in the toilet, and was only rescued because members of the public heard her crying. Police are now looking for her mother, who police think gave birth in the toilet before walking away

A search has now been launched the girl's mother, who police believe gave birth in the toilet after they discovered blood around the bowl before leaving her child.

After she was rescued the baby was taken to a Beijing hospital, but did not appear to have any injuries.

Chinese babies born out of wedlock are sometimes abandoned because of social and financial pressures. 

The country's one-child policy can also mean heavy fines for couples who have more than one baby.

daily mail

Adams Oshiomhole & wife visit Prof Wole Soyinka & wife (photos)

Edo state governor Adams Oshiomhole and his lovely new wife Iara visited Prof. Wole Soyinka and his wife, Folake, at their home in Abeokuta yesterday Sunday August 2nd. More photos after the cut..

Leopard that injured five Indian villagers beaten to death and burnt (Graphic content)

A leopard that injured five villagers in a savage attack in India has been beaten to death with sticks and burned.

 

Forest authorities said that the shocking incident took place in the Kalgaon area, in the Sivasagar district of the northeastern Assam state, as the villagers were collecting firewood.

Photos: Boko Haram commander captured by the military, 178 people rescued from sect's camp

The Nigeria military has captured Boko Haram Commander and rescued 178 captivities in Bama axis, Borno State.

The development was sequel to the ongoing operations to clear Boko Haram terrorists in its area of operations, the troops of 21 Brigade in conjunction with elements of 151 Task Force Battalion of 7 Division, Nigerian Army have conducted offensive operations along Aulari in Bama axis.