Forex | Naira slightly appreciates on the parallel market

March 17, 2017 by talkwithmarie
The naira appreciated slightly on the parallel market on Thursday following last Wednesday’s sale of a total of $150 million through foreign exchange (forex) forwards by the Central Bank of Nigeria (CBN).
Specifically, the naira strengthened to N444 to the dollar on Thursday, stronger than the N454 to the dollar it was at some parallel market points in Lagos the previous day.


The CBN sold a total of $150 million to authorised foreign exchange dealers in the interbank at the highest bid rate of N335/$1 and a marginal rate of N320/$1.
Confirming the details of the sale to the dealers, the CBN acting Director, Corporate Communications, Isaac Okorafor, said the highest rate of N335 was the same as the last auction rate of March 8, 2017. He, however, added that there was a change in the marginal rate from N315/$1 during the last auction to last Wednesday’s marginal rate of N320.

Speaking further, Okorafor expressed confidence that the pressure hitherto faced by both small and big-end users would be totally overcome soon.
The CBN, in the past few weeks, has been making offers and releases to the inter-bank foreign exchange market in its bid to sustain forex supply to different categories of users. The latest forex offer by the CBN took the total intervention since the changes to its forex policy was announced last month to $1.715 billion.
Meanwhile, Travelex with the approval of the CBN on Thursday sold a total of $25 million to 3,124 Bureau De Change (BDC) operators. The development also helped to improve the volume available to sell to retail customers.
The President of the Association of Bureau De Change of Nigeria (ABCON), Alhaji Aminu Gwadabe, said Travelex sold the dollars to his members at N381 per dollar.
Also, the CBN on Thursday said it had offered and received bids for $100 million from authorised dealers in the interbank market to meet the requests of genuine customers.
The CBN spokesman who disclosed this added that the sales would be settled on Friday.
He, however, disclosed that no intervention was made by the bank to meet requests for invisibles on Thursday.
Okorafor reiterated that the CBN would continue to make necessary interventions in the interbank market to meet all legitimate transaction-based foreign exchange demands by customers.
Source: Thisday

Apostle Suleman: The S*x scandal becoming more scandulous as another Popular Nollywood actress gets accused....

.......................By Tessy


Another lady Stephanie Ogbonna has openly accused Pastor Suleiman of infidelity. Meanwhile, the pastor is enjoying is his life in America as he celebrated his birthday this week.
According to her, he slept with her. She accused actress Iyabo Ojo of organizing ladies for Pastor Suleman and said the actress has been deleting her comments. Iyabo Ojo is now caught in the middle of the scandal.
I have been very silent on Apostle Sulaiman issue because I want to see how far he is willing to take this lie. I had to come on Instagram to put my story out there. I met him at the airport in Mombasa Kenya and he took my contact. We had sex in Dubai on that trip.

He called me two weeks after and invited me back to Nigeria cutting short my trip in dubai. He bought me a business class ticket and sent me an address in Agungi area of Lekki to wait for him at his girlfriend’s house as he would want us to have a threesome as he enjoyed my breasts. Lo and behold the house was the house of nollywood actress Iyabo ojo iyaboojofespris in an estate called 5Streets in Agungi. She made me comfortable and told how she doesnt mind whatever the pastor does as long as he keeps giving her money.
He had just rented the house for her she said her black range was giving her problems as it was also in the mechanic’s place. Apostle came in around 11pm. He drove himself in a black Gwagon and his driver drove a silver range one of his other cars. After our round of sex in iyabo ojo room, he gave her the keys to the range that she should sell the black range off since it was old already. He gave her $3000 to send to her son in the US as he was said to be taking a trial exam and needed to pay some bills. He gave me $5000 and a key to a room at Protea hotel. I calles Uber and went to the hotel to wait for him.

He came on the third day on his way to Abuja and gave me another $2000. He is a nice man and the sugar daddy of most nollywood actresses but for God’s sake, he should stop lying. iyaboojofespris you can say this is a lie but in your heart you will know its true. How you told me you dont make money from films but you are just doing it to keep your face and you know Sulaiman carries your bill.
Do you remember the house you told me Sulaiman is building st Osapa and he had promised he will give you to live in. When i felt shy about our threesome you told me that you arrange that for him always cos its what he enjoys and even jokes that even if he wants to have with you and your daughter together, you will allow him”

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