Former governor of Ekiti state, Ayo Fayose, says he is being vindicated daily after he was attacked in 2015 when he spoke against the emergence of the Buhari-led administration.
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Posting via his Twitter handle, Fayose wrote;
”My voice was the loudest in 2015 against the inherent dangers of a Buhari’s Presidency. No one listened. Rather, I was attacked and insulted. Today, “Water dan pass Gari” as I am daily vindicated.
Buhari’s sponsors and those who insulted me then should enjoy this while it lasts. Hopefully, we have all learnt our lessons about this FAKE CHANGE.”
Dollar To Naira Exchange Rate For Today 19th May 2022 [Official Rate]
Find below, dollar to naira exchange rate for today, 19 May 2022, official and black market rates.
NewsOne has obtained the official dollar to the naira exchange rate in Nigeria today, including the Bureau De Change (BDC) rate and CBN rates.
What Is The Official Exchange Rate For Dollar To Naira Today?
The exchange rate between the Naira and the US dollar at the official forex market showed that the Naira opened at ₦415.0373 per dollar on Thursday, May 19, 2022, after closing at ₦415.1779 per $1 Wednesday, May 18, 2022.
Exchange Rate of Dollar To Naira in The Parallel Market [black market]
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate Today|
Naijaonpoint Nigeria reports that on the black market, the players buy a dollar for N593 and sell for N597 on Thursday, May 19, 2022, after they bought N593 and sold for N597 on Wednesday, May 18, 2022.
Meanwhile, Naijaonpoint Nigeria reports that the USD started this week at ₦595 in Parallel Market also known as Black Market on Monday, May 16, 2022, in Lagos Nigeria, after it opened at 588 last week Monday, May 9, 2022.
Even though the dollar opened in the parallel market for ₦597 per $1 today, the CBN does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.
“The only exchange rate remains the I&E window, which is the market we expect everybody who wishes to procure or sell forex to get it,” said the CBN Governor, Godwin Emefiele.
“I am sorry to say that I do not, and I do not intend to recognise any FX in the market.
“Go to your bank. Even if your limit is above what the bank is selling, put it forward, and we will look into it. If you want to sell the dollar, go to your bank and sell it,” he said during a press briefing on September 17, 2021.
Checks by Naijaonpoint Nigeria reveal uncertainty in the market as prices move up and down in a directionless manner, thereby making it unreliable.
Disclaimer: Naijaonpoint Nigeria does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates are obtained from various sources, including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.
Inside the multi-billion naira properties linked to suspended AGF, Ahmed Idris [PHOTOS]
The Economic and Financial Crimes Commission (EFCC) says it has traced not less than 17 properties to Ahmed Idris, the suspended Accountant-General of the Federation, being detained over alleged N80 billion fraud.
The minister of finance and national planning, Zainab Ahmed, had on Wednesday, suspended Idris after following his arrest by the EFCC.
An official of the EFCC, who wished to remain anonymous, said the properties traced to Idris are located in Kano, Lagos, Abuja, Dubai and London.
He, however, said preliminary investigations showed that the nation’s chief accountant allegedly used proxies to buy some of these properties. The commission would therefore need to invite some of the proxies of the accountant-general.
The detective added that from all indications, these properties were purchased while Idris was in office and did not declare them before the Code of Conduct Bureau as stipulated by law.
“About 17 houses in London, Lagos, Kano, Abuja and Dubai have been traced to him. In Abuja, some of the houses are located in serviced estates,” he said.
The EFCC had in a statement on Monday announced the arrest of the accountant-general for fraud to the tune of N80bn.
The statement read in part, “The commission’s verified intelligence showed that the AGF raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates. The funds were laundered through real estate investments in Kano and Abuja.”
It was learnt that Idris came under scrutiny last year following allegations that he offered huge sums of money to a family in order to secure the marriage of their 16-year-old daughter.
This newspaper learnt that Mr Idris was still in EFCC custody as of the time of filing this report on Wednesday.
This newspaper also reliably gathered from sources with direct knowledge of the case that some assets believed to be proceeds of Mr Idris’ alleged unlawful activities have been traced.
The sources, who asked not to be named because they had no permission to speak about the case in the press, provided photographs of a sprawling edifice located in Kano allegedly linked to Mr Idris.
Our reporter gathered that the agency has obtained a court order for the arrest of more suspects linked to the alleged crime.
Operatives refused to reveal the identities of the suspects in order not to jeopardise investigations.
An EFCC official said the legal department was already getting an order to remand the accountant-general and get an interim forfeiture on some of his properties pending the completion of investigations.