Speculators, Unscrupulous Individuals Sabotaging Our Reform Efforts, Says Idris Govt. reveals process to release 42,000 MT of grains nationwide in final stages Rewane, Kale, others proffer solutions to reset economy Olawale Ajimotokan in Abuja and Nume Ekeghe in Lagos
The federal government yesterday, fumed that ongoing policy initiatives to sanitise the monetary system was
facing fierce resistance from saboteurs, speculators and other unscrupulous players within and outside the
country, whom he alleged were reaping from dysfunction and opacity. The Minister of Information and
National Orientation, Mohammad Idris, made the allegation on the fierce resistance the monetary system was
facing in a statement. Continued on page 5
In New 526-page Document, INEC Insists 2023 General Election Was Unique...
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Night Club Operators Lament Low Patronage as Economic Hardship Bites Harder...
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Edo 2024: Akpata Emerges LP's Guber Candidate, Okpebholo Wins APC Ticket Shaibu: PDP will lose if party fails to field me Adibe Emenyonu in Benin City and Chuks Okocha in Abuja
Former President of Nigeria Bar Association (NBA), Olumide Akpata has been elected candidate
of the Labour Party (LP), for the 21 September, 2024, governorship election in Edo State.
Also yesterday, Senator Monday Okpebholo, was declared winner of the Edo State All Progressives
Congress (APC) rescheduled direct primary election. Akpata pooled 316 votes to
defeat other aspirants. The declared Continued on page 5
CBN Introduces Sweeping Reforms to Sanitise BDC Operations Prescribes N2bn, N500m minimum capital for national, state firms To avoid uncertainties, stabilise prices, apex bank reviews FX rate for import duty FMDQ unveils 2-way quote FX market, circuit breaker Security agencies intensify arrests of BDC operators nationwide Naira stable at N1700/$ on parallel market James Emejo in Abuja and Nume Ekeghe in Lagos As part of efforts to stabilise the value of the naira exchange rate, the Central
Bank of Nigeria (CBN) yesterday, issued draft revised regulatory and supervisory guidelines for Bureau Continued on page 5
PAYING LAST RESPECTS… Governor of Ondo State, Lucky Aiyedatiwa (left) and Vice President Kashim Shettima, at the funeral service of the late former Governor of Ondo State, Rotimi Akeredolu, in Owo, Ondo State…yesterday