News
Naira Slumps Further Against Dollar
By Kayode Sanni-Arewa
The naira further weakened against the dollar at the foreign market on Wednesday.
FMDQ data showed that the naira slumped to N1512.61 against the dollar on Wednesday from N1509.45 on Tuesday.
This represents a N3.16 loss against the dollar compared to N1509.45 traded on Tuesday.
Similarly, at the parallel foreign exchange market, the naira depreciated to N1520 per dollar on Wednesday from N1515 the previous day.
The development comes as foreign currency transaction turnover dropped to $114.91 million on Wednesday from $213.31 million on Tuesday, according to FMDQ data
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Edo guber: LP’s Akpata remains a front runner, set to capture Edo
By Kayode Sanni-Arewa
Less than twenty-four hours to the start of voting in Saturday’s governorship poll in Edo State, a rash of fake news has broken out.
Leading parties in the election have had their fair shares of fake news either indicating the withdrawal of their candidates or disqualification by a Magistrate Court or Supreme Court.
For instance, Olumide Akpata of LP was said to have withdrawn from the race and thrown his support for Asue Ighodalo in a statement that read smoothly and appeared convincing.
THE CONCLAVE sent the statement to Akpata via WhatsApp for confirmed.
He responded by sending the same statement with FAKE NEWS boldly stamped on it.
He said he was set for victory at the poll.
There was also a news flash about the Supreme Court disqualifying Asue Ighodalo of the Peoples Democratic Party, with a sign off: More details coming….
A Magistrate Court in Abuja was also reported to have disqualified Monday Okpebholo of the APC from the poll on account of age falsification.
The APC campaign organisation had swiftly put a lie to the report by deploying the court papers in the circumstance.
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