News
Kenya’s Ruto chooses interior minister as new deputy
By Francesca Hangeior
Kenya’s President William Ruto has nominated interior minister Kithure Kindiki as his new deputy president, a day after the Senate voted to impeach Ruto’s previous deputy Rigathi Gachagua.
“I have received a message from the president, regarding the nomination of Prof. Kithure Kindiki to fill the vacancy which has occurred in the office,” Speaker Moses Wetang’ula said in parliament on Friday.
It will be recalled that Kenya’s senate voted to dismiss Deputy President Rigathi Gachagua from office by impeachment on five out of 11 charges levelled against him on Thursday, in an unprecedented move that risks pushing the country towards a political crisis.
The National Assembly voted last week to impeach Gachagua, who helped President William Ruto win an election two years ago but has been assailed by allies of the president over alleged disloyalty and a series of provocative public comments.
Fifty-four out of 67 senators voted to dismiss Gachagua on the first count of “gross violation of the constitution”, more than the two-thirds majority required under the law.
That makes him the first Kenyan president or deputy president forced from office by impeachment.
“Accordingly, His Excellency Rigathi Gachagua… ceases to hold office,” said Senate Speaker Amason Kingi.
The process, however, is unlikely to stop there as Gachagua has filed several petitions challenging the push to oust him, and the chief justice has appointed a panel of three judges to examine them.
Gachagua, who has denied the allegations, had been due to defend himself against the charges in the Senate on Thursday afternoon ahead of the vote.
When he failed to show up, his lawyer Paul Muite said the deputy president had been hospitalised with intense chest pains, urging the Senate to pause proceedings for a couple of days.
But the senate declined to do so, prompting Gachagua’s legal team to leave the chambers in protest.
Dan Gikonyo, a doctor treating Gachagua, told reporters the deputy president was admitted to a Nairobi hospital with heart trouble on Thursday afternoon, but was now stable and would likely have to remain in hospital for 24-72 hours.
Some senators questioned the decision to proceed with the vote, in Gachagua’s absence.
“We are to try a man in hospital because the only crime that Rigathi Gachagua has committed is a political crime, so he has to be removed out of the way, whatever it will take,” said Senator John Methu.
But Senator Moses Otieno Kajwang defended the move to impeach Gachagua, saying, “we must drain the swamp”.
The new deputy president, Kindiki, a close ally of Ruto, has held the interior ministry post throughout Ruto’s two years as president.
He previously served as senator for Tharaka Nithi County and was a top contender to be Ruto’s running mate during the 2022 election.
Parliament will later have to vote to approve Kindiki’s appointment before he is sworn in.
By Kayode Sanni-Arewa
Looking for the latest Naira to Euro exchange rate today? Whether you’re conducting business, making investments, or planning a trip to Europe, staying updated on the exchange rate is crucial. This article provides up-to-date information on the black market, Central Bank of Nigeria (CBN), and online exchange platforms to help you make informed decisions. What is 1 Euro to Naira Today in Black Market and CBN? With the fluctuating nature of the Naira against foreign currencies like the Euro, many Nigerians are keen to know the most recent rates. The Naira to Euro exchange rate in both the black market and CBN offers different values based on market dynamics and economic policies
Current Exchange Rates for 1 Euro to Naira Today Naira to Euro Black Market Exchange Rate (Parallel Market) Buying Rate: ₦1,862 Selling Rate: ₦1,865 1 Euro to Naira Today (CBN Official Rates) Buying Rate: ₦1,790 Selling Rate: ₦1,795 Other Exchange Rates Today: Dollar and Pounds to Naira Dollar to Naira (Black Market Rates) Buying Rate: ₦1,705 Selling Rate: ₦1,710 Pounds to Naira (CBN Rates) Buying Rate: ₦2,205 Selling Rate: ₦2,210 Online Platforms for Naira to Euro Exchange Rates: Geegpay and Grey In addition to the black market and CBN rates, online platforms like Geegpay and Grey offer convenient options for currency exchange. These platforms provide competitive rates and are popular alternatives to both black market and CBN channels.
Geegpay Exchange Rates EUR (€): Buying at ₦1,798.03, Selling at ₦1,800.55 GBP (£): Buying at ₦2,120, Selling at ₦2,127 USD ($): Buying at ₦1,675, Selling at ₦1,680 Grey Exchange Rates for EUR to NGN EUR (€): Buying at ₦1,845.03, Selling at ₦1,850 GBP (£): Buying at ₦2,102, Selling at ₦2,205 USD ($): Buying at ₦1,670, Selling at ₦1,675 Understanding the Naira to Euro Black Market Exchange Rate What is the Black Market? The black market is an unofficial exchange market where currency rates are determined by demand and supply without government regulation. It operates outside the control of the CBN, and often, exchange rates are higher here due to the scarcity of foreign currencies like the Euro.
Why Do People Use the Black Market for Naira to Euro Exchange? Better Rates: Black market rates are typically more favorable compared to the official CBN rates. Accessibility: It’s easier for individuals and businesses to access foreign currencies through the black market, as CBN restrictions often limit the amount of foreign currency available. FAQs on Naira to Euro Exchange Rate 1. Why is there a difference between the CBN and Black Market rates? The black market operates based on supply and demand, while the CBN controls the official rate to maintain currency stability. Due to currency scarcity, black market rates are often higher.
2. Can I exchange Euros at the CBN rate? In most cases, the CBN exchange rate is reserved for specific transactions like government-approved imports or remittances. Many individuals and businesses resort to black market rates for quick and accessible foreign exchange.
3. Why is the black market exchange rate higher? The black market rate is driven by the demand for foreign currency. As supply decreases, the value of the Euro against the Naira rises, causing higher parallel market rates. 4. Is it safe to use online exchange platforms like Geegpay and Grey? Yes, online platforms such as Geegpay and Grey offer secure and regulated options for exchanging currency. However, it’s important to use trusted and licensed platforms.
5. Will the Naira continue to fall against the Euro? The future of the Naira to Euro exchange rate depends on several factors, including government policies, global oil prices, and economic stability. Without intervention, depreciation could continue. 6. How often do exchange rates change? Exchange rates fluctuate daily due to various factors such as foreign currency reserves, local economic policies, and global market conditions.
Why It’s Important to Stay Updated on Naira to Euro Exchange Rates Understanding the Naira to Euro exchange rate today, whether from the black market, CBN, or online platforms, is essential for making informed decisions. Whether you’re exchanging currency for business, travel, or investment, knowing the current rates can help you plan your finances better.
Historical Trends in Naira to Euro Exchange Rates In October 2023, the black market rate for the Euro stood at around ₦1,500 per Euro. Over the past year, the Naira’s depreciation against the Euro has accelerated, reflecting the economic pressures Nigeria faces, including inflation and foreign currency shortages
Black market Dollar to Naira exchange rate today May 2, 2024: GBP, EUR to Naira Dollar to Naira Exchange Rate at Black Market (Aboki FX) July 13, 2024: USD to NGN CBN Rate 100 dollars to Naira black market today, April 4, 2024 Dollar To Naira 7th August 2024: See Black Market Aboki FX Rate Dollar to Naira Black Market Exchange Rate – October 5, 2024 Latest Update
By Francesca Hangeior
Fast rising Nigerian comedienne Amadou Elizabeth Aminata, Popularly known as Jarvis has opened up on her recent health challenges after she was diagnosed with a tumor inside mouth.
Speaking in a viral video, Jarvis said that she is expected to undergo surgery in the coming weeks and the tumor has made it difficult for her to speak hence the reason why she took a break from her AI content.
She added that samples from the tumor has already been sent for histology and she is awaiting the diagnosis before she would undergo the surgery.
She said, “I was told that I have a tumor inside my mouth, which was very uncomfortable. I initially thought it was a toothache, but the doctor said it was a tumor in my jawline.
“The doctor recently took a sample from it to take for histology before they will know which type of tumor it is and book me for the main surgery. I am told that the results are already out, and I am praying it’s not something that will be very bad.”
SEE Naira to Euro Exchange Rate Today – Black Market, CBN Rates | October 18, 2024
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I have been diagnose of mouth tumor and will undergo surgery soon – Comedian Jarvis
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